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Proparco participates in the first close of Ascent Rift Valley Fund II
African private equity fund manager Ascent today announced the first rolling close of its Ascent Rift Valley Fund II (ARVF II) at more than USD 100 million, significantly exceeding its initial target...
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Save the date: on 8 June, PROPARCO invites you to its digital broadcast “Choose Africa On Air”
The “Choose Africa On Air” digital broadcast on 8 June will bring together economic players, entrepreneurs, experts and financial partners to share their experiences and exchange ideas live. You wi...
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GICAM, Proparco and AFD join forces to draft Central Africa's first code of good governance for companies
The signing of a partnership between GICAM and AFD Group will enable the work undertaken since January 2020 to continue within the framework of the Good Corporate Governance Initiative. The Code of Go...
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AFD Group and EBRD to strengthen cooperation
Addressing key development challenges in the wake of the coronavirus pandemic, the European Bank for Reconstruction and Development (EBRD) and the Groupe Agence Française de Développement (AFD), throu...
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Choose Africa launches the FISEA+ facility: a new EUR 210m investment capacity for African MSMEs
In 2009, AFD Group set up the FISEA facility with the objective of promoting economic growth and the creation of start-ups and MSMEs on the continent. As the initial investment capacity of EUR 250m ha...
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Proparco supports d.light's, a global leader in solar energy
Proparco’s equity funding will enable d.light to provide energy access to millions of people living without reliable energy access
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BAJO FRIO
Fountain Intertrade Corporation is building a hydropower plant to the west of Panama with Proparco’s support. This project will reduce the country’s dependence on fossil fuels, while strengthening the...
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Proparco, IFC and Cerba Lancet Africa Partner to Expand Diagnostic Capacity, Support COVID-19 Response in Afri...
To strengthen diagnostic capacity and the health response to COVID-19 in Africa, including in some of the continent’s poorest and most fragile countries, IFC, Proparco, and Cerba Lancet Africa today a...
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Proparco subscribes to a social and green bond issued by Symbiotics
Proparco has just made a USD 5m subscription to a social and green bond issued by Symbiotics for a total amount of USD 14.5m. The proceeds from the bond will be onlent to the Armenian bank Araratbank...
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IFC, Proparco, DEG and DFC to Support COVID-19 Vaccine and Pharma Manufacturing in Africa
To strengthen Africa’s vaccine and pharmaceutical development and to accelerate the continent’s recovery from the COVID-19 pandemic, the International Finance Corporation (IFC), Proparco, the German D...
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Scaling Solar: Two PV Plants Bring Clean Energy to More Than 500,000 in Senegal
Nearly 540,000 people in Senegal will get access to clean and affordable power following the launch of two solar photovoltaic (PV) plants, financed by IFC, the European Investment Bank and Proparco, u...
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The Global Impact Investing Network (GIIN) joins the Finance in Common Initiative
The Global Impact Investing Network (GIIN) enters the Finance in Common System (FiCS) by signing the Joint Declaration of all Public Development Banks in the World. This new endorsement of the global...
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Proparco supports the development of Global Tea in Kenya and Malawi
Proparco, Si Advisers LLP ('Si') and IFU have signed an agreement to provide growth capital to Global Tea & Commodities (‘Global Tea’), a tea, coffee, and macadamia business with operations in Kenya a...
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Côte d'Ivoire: PROPARCO is strengthening its partnership with ADVANS-CI, ECOBANK-CI and SIB to support Ivorian...
During the visit to Côte d’Ivoire by Mr. Franck Riester, the French Minister Delegate for Foreign Trade and Economic Attractiveness, PROPARCO and the financial institutions ADVANS-CI, ECOBANK-CI and S...
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From required scale to scaling up
Jean-Michel Severino, Chairman of Investisseurs & Partenaires (I&P), believes that the priority remains investing in support of the formal African enterprise sector, which is best placed to resolve th...
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TLcom Capital, the venture capital fund targeting innovative African start-ups
TLcom Capital has been supported by Proparco since 2017 and is financing the development of about a dozen African start-ups. Its targets: high-potential nuggets whose technology is based on mobile pho...
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AFD 80th anniversary: Making sustainable development investment more sustainable and more pertinent – to more ...
How did it all begin? To mark AFD’s 80th anniversary – which we'll celebrate in December 2021 – François Pacquement, History and Strategic Thinking Officer at AFD, takes a look back at the Group’s his...
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Protected area management: how can the private sector play a part?
We are depleting our natural capital, which sustains lives and economies. A cost-effective way to conserve natural capital, and to restore our natural balance sheet to its proper order is conserving i...
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Developing organic fair trade sectors: the example of Kaoka
As an SME involved in cocoa production, Kaoka can see the destructive effects of an agricultural approach with little concern for the ecosystems where it is applied. By setting up organic fair trade p...
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Quds Bank, Proparco and the European Union join efforts to support SME financing and high impact companies in ...
Quds Bank and Proparco (AFD Group) signed the first risk sharing agreement under the EU MENA SME Facility. This operation will support Quds Bank in lending the equivalent of 2 million euros to SMEs wi...
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