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Proparco joins a consortium of new lenders for the pioneering Djermaya Solar project in Chad
InfraCo Africa, part of the Private Infrastructure Development Group (PIDG) announced today the participation of its sister PIDG company, the Emerging Africa Infrastructure Fund (EAIF) alongside Propa...
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BANPRO 2016
PROPARCO is contributing to strengthening the capital structure of Banpro, Nicaragua’s leading bank, which will allow it to continue its productive investments for SMEs in the country – and, more gene...
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AFD Group invests $10 million in African Rivers Fund III to support SMEs in the DRC, Uganda and Angola
After having already invested USD 5 million in the African Rivers Fund (ARF) in 2016, AFD Group renews its support to the XSML management team by investing USD 10 million in its third fund, African Ri...
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Proparco and UIB strengthen their support to Tunisian entrepreneurs affected by the crisis
By granting an exceptional guarantee of one million euros to Union Internationale de Banques (UIB), Proparco confirms the strength of its partnership with this key player in the economic development o...
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France and United States Partnership Attracts Private Capital to the DRC
The Agence Française de Développement (AFD) Group and the United States Agency for International Development (USAID) formed a strategic partnership to develop key economic value chains and improve the...
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Proparco renews its support to Advans Cameroun, a financial institution serving micro-entrepreneurs
After an ARIZ TPE MINKA portfolio guarantee granted in April 2019, Proparco is renewing its support to Advans Cameroun with a €2 million guarantee as part of AFD Group's Choose Africa Resilience initi...
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In Burkina Faso, Proparco and Coris Bank International SA sign a €30 million guarantee for trade finance opera...
The project consists in the granting of a €30 million guarantee package for trade finance instruments to Coris Bank International SA, the leading bank in Burkina Faso and one of the most important ban...
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Proparco grants a $30 million loan to Banco Cuscatlan to support SMEs and the economic role of women
The funds will be used to finance projects that will lead to the creation of jobs and the generation of new products and services. This new funding establishes that at least 30% of the credits must be...
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Digital Africa Fund: Customized support for African start-ups and their ecosystem
Six months after its launch, the Digital Africa seed fund for the development of innovative entrepreneurship in Africa has got off to a promising start. A third of the envelope has already been invest...
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AMRET 2016
With over 300,000 clients and a network of 127 branches, AMRET is one of the largest microfinance institutions in Cambodia. Its development will increase access to credit and employment for population...
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Proparco at a glance
With €2.5 billion in commitments and €1.7 billion in signatures, Proparco has continued its strong growth in 2019 in the service of the private sector and sustainable development. A total of 85 new pr...
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By renewing its partnership with İş Bank, Proparco supports the agricultural sector in Turkey
Proparco has granted a new 25 million euro credit line to Türkiye İş Bankası (İş Bank). Turkey's leading private bank, with a balance sheet total of more than 69 billion euros, İş Bank is a historical...
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PROPARCO is supporting an agricultural company in Kenya
PROPARCO is supporting Kenya Nut Company with a USD 18.7m loan. This family-run business has diversified its activity and has been operating in the nut sector (macadamia and cashew nuts) in Kenya for...
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Solarise Africa lands $10m Series B investment to advance clean energy on the continent
Nairobi, August 31st, 2020 - Energy Access Ventures (EAV) is pleased to announce a follow-on investment in Solarise Africa, a pan-African clean energy and energy efficiency leasing company. The round...
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ARF 2016
The USD 50m African Rivers Fund (ARF) is supporting microenterprises and SMEs, mainly in the Democratic Republic of Congo. It provides access to capital for entrepreneurs who are often from disadvanta...
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PROPARCO is supporting a major player in the agriculture sector in Zimbabwe and Zambia
Agriculture is a key sector for social and human development in Zimbabwe and Zambia. It employs 65% and 75% of the population, respectively, and accounts for 15% and 19% of GDP. The sector is a pillar...
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Proparco and Bpifrance launch Averroès Africa, their new fund of funds to promote the development of the priva...
Bpifrance and Proparco have announced the first closing of Averroès Africa, their fourth private equity fund of funds for Africa. With a target size of EUR 100m, Averroès Africa will invest in African...
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China: Proparco signs two new projects to support women microentrepreneurs in rural areas and finance electri...
PROPARCO has just signed two new loans in China. The first USD 20m loan has been allocated to CD Finance, China’s main microfinance institution in rural areas. It will be exclusively earmarked for acc...
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The President of the Republic of Mozambique officially launches the construction works for the Metoro solar po...
A ceremony was held on Friday 23 October 2020 in Metoro, in the north of the country, in the presence of the President of the Republic, Mr. Filipe Nyusi, and the French Ambassador, Mr. David Izzo, to...
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European bilateral DFIs and EIB launch €280M financing initiative to support Covid-19 impacted businesses
EIB and EDFI members expand existing - European Financing Partners (EFP) - financing scheme to reduce the economic impact of the Covid-19 pandemic on private sector companies in developing countries.
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