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Armenia: Farm Credit Armenia and PROPARCO are supporting armenian farmers
AFD Group is supporting the development of FCA, the only credit cooperative in Armenia, via a subordinated loan in Armenian dram for an amount equivalent to EUR 1.5m with a 6-year maturity. FCA is the...
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PROPARCO and Société Générale Cameroun are supporting the development of the first certified green mall in Ce...
Like many cities in Sub-Saharan Africa, Douala, the economic capital of Cameroon (4 million inhabitants), is experiencing rapid population growth, especially among the middle class, and a strong urban...
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Proparco provides a US$20 million finance facility to T&C Garments
The loan granted to one of Egypt’s top apparel company will support thousands of jobs over the coming years. It will also accelerate the company’s efforts towards better production processes through e...
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Proparco takes a 30 M USD stake in pan-African fund AfricInvest IV, dedicated to African SMEs
Through a 30 million USD investment in the first close of AfricInvest’s new multisector private equity fund, Proparco will support the development of strong local and regional consumer-driven business...
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2X Challenge exceeds initial target by committing and mobilizing $4.5 billion in capital towards women’s econo...
Montreal, June 30th, 2020 - Just two years after the launch of the 2X Challenge at the G7 Charlevoix Summit in Canada, the initiative has committed and mobilized a total $4.5 billion in gender-smart i...
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IFC, IFU and PROPARCO Provide More Than $100 Million in Equity to Improve Healthcare in Egypt and Morocco
IFC, a member of the World Bank Group, IFU, the Danish Investment Fund for Developing countries, and PROPARCO, member of the Agence Française de Développement (AFD) group, are providing an equity fina...
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Proparco, Finnfund and Nordic Microfinance Initiative support Proximity Finance in Myanmar
The $14 million investment will enable the microfinance institution to reach more smallholder farmers in Myanmar.
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IFC, Proparco and EAIF Invest in Cement Producer CIMAF to Meet Rising Demand in West Africa
IFC, Proparco and Emerging Africa Infrastructure Fund (EAIF) are partnering with Ciments de l'Afrique (CIMAF), a subsidiary of Omnium des Industries et de la Promotion (OIP), to help the company boost...
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Proparco supports Scavi, a world-leading apparel supplier based in Vietnam pioneering sustainability in the re...
Through a $10 million loan, the third operation in a 15-year-long partnership, Proparco will contribute to Scavi’s growth and transition to 4.0 manufacturing.
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Proparco and Standard Bank South Africa strengthen their partnership to increase access to finance for small b...
Proparco and Standard Bank signed two guarantee agreements for €28.5 million in Johannesburg today during Proparco’s Deputy CEO, Djalal Khimdjee’s visit to South Africa. The guarantees are in line wit...
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AFD Group further reinforces its support for South Africa’s low carbon ambition
AFD Group and FirstRand Limited’s wholly owned subsidiary FirstRand Bank (‘the bank”) have signed a Memorandum of Understanding covering the provision of a $100 million loan to help the South African...
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Proparco participates in the financing of solar power plants in Burkina Faso
The Dutch development finance institution FMO has announced that it has finalized the financing and contracting for the construction and operation of four solar power plants in Burkina Faso. Proparco...
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In Uzbekistan, Proparco supports Ipak Yuli Bank in its activities in favor of MSMEs and impact projects
The operation consists of a USD 30 million multi-currency senior credit line (available in USD or in Uzbek soum - UZS) granted by Proparco to support Ipak Yuli Bank in strengthening its credit offer d...
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BANPRO 2014
Banpro is Nicaragua’s leading bank and mainly targets agricultural and agro-industrial companies. Proparco’s financing will support midcaps operating throughout the value chain.
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In Togo, the Agence Française de Développement Group reaffirms its support to the private sector with Ecobank ...
On the occasion of the visit to Togo of Rémy Rioux, Chief Executive Officer of Agence Française de Développement (AFD) and President of Proparco, a Memorandum of Understanding was signed today with Ec...
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Proparco and the WAEMU CRRH join forces to promote access to affordable housing for low-income populations
On November 25, 2021, the two institutions formalized their partnership in Lomé with a 40 million euro loan from Proparco to the West African Economic and Monetary Union (WAEMU, also known by its Fren...
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Proparco and Adenia acquire Overseas Catering Services
Adenia Partners, a private equity firm investing in Africa, has partnered with Proparco to buy Overseas Catering Services (OCS), a leading corporate catering and related services provider in Africa an...
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Proparco supports the Nigerian bank FCMB to strengthen its commitment to high-impact SMEs and climate projects
The operation consists of a USD 35 million loan and a EURIZ portfolio guarantee of NGN 5 billion (EUR 10 million equivalent) to support First City Monument Bank Ltd (FCMB) strategy to serve high-impac...
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In Turkey, Proparco supports Sanko Group in its sustainability strategy
The operation consists of a EUR 37 million senior facility granted by Proparco to support Sanko Group, one of the biggest Turkish conglomerates, mainly operating in textile, energy, cement and packagi...
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