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IFC, British International Investment, and Proparco Partner to Support Sonatel's Telecoms Expansion in Senegal
To accelerate Senegal's digital transformation, IFC and partners British International Investment (BII) and Proparco today announced a financing package for Sonatel to improve essential telecommunicat...
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"Acting in fragile contexts": the 41st issue of Private Sector & Development magazine is available
Proparco is publishing the 41st edition of its Private Sector & Development magazine, devoted to fragile contexts. If no action is taken, fragile countries will account for 80% of the world’s poverty...
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Serengeti Energy and Proparco sign a €250,000 agreement to boost climate adaptation in Sub-Saharan Africa
Serengeti Energy, a leading renewable energy company, and Proparco, the French development finance institution, have signed a landmark €250,000 grant agreement to support climate change adaptation for...
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Express Union Chad expands its microfinance business with support from Proparco
Express Union Tchad, a subsidiary of the Express Union Group, is one of the country's leading microfinance institutions (MFIs), promoting access to financing for women and rural populations. The MFI h...
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Proparco announces its intention to join the EBRD's Trade Finance Programme in support of Ukraine's economic r...
On the occasion of the “Ukraine Recovery Conference” held in Berlin on June 11 and 12, 2024, Proparco announced its intention to join the support programme for Ukraine set up by the European Bank for...
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CST
CST plays a key socioeconomic role in Chad: the sugar company is the country’s largest private employer. The increase in its production will contribute to improving living conditions for local populat...
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IFC, Proparco and RMB Partner with WIOCC Group to Expand Digital Infrastructure in Africa
A financing package announced today from IFC and Proparco for digital infrastructure provider WIOCC Group will fund WIOCC’s expansion strategy in three African countries, enhancing the continent’s dig...
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AVMA: Aspen and the DFIs reaffirm their partnership and their support to vaccine production in Africa
At a time when the global health community is gathered in Paris for the launch of the African Vaccine Manufacturing Accelerator (“AVMA”), which is expected to support and increase African vaccine prod...
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Amref International University Secures USD 5 Million from Proparco to Advance Health Workforce Training in Afr...
Amref International University (AMIU), a subsidiary of Amref Health Africa, has entered into a landmark partnership with Proparco, the French development finance institution, securing a USD 5 Million...
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In Uzbekistan, Proparco finances a solar PV plant and the largest Battery Energy Storage System of the country
Proparco, alongside EBRD, KfW, DEG, IsDB and Standard Chartered Bank, participates in the financing of the Tashkent project, a 200MW solar plant and a large-scale 500MWh Battery Energy Storage (BESS),...
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Digital inclusion: Orange Jordan improves access to broadband Internet and digital skills, with the support of...
With the aim of developing digital inclusion in Jordan, Proparco is allocating a 15MUSD loan to Jordan Telecommunications Company (“JTC”), a subsidiary of Orange Middle East Africa, focusing primarily...
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Afriland First Bank developps its Trade Finance activities with the support of Proparco
In 2022, a guarantee (trade finance) line was granted to Afriland First Bank Cameroun for a total amount of EUR 15 million. Following two years of partnership, Proparco is renewing this line, increasi...
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Mobilitas continues to grow and diversify in Africa, with renewed support from Proparco
Mobilitas, a major player in international mobility, physical and digital records management, and heritage conservation, restoration and digitization, has been a partner of Proparco for 10 years, and...
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BRENNAND
Brennand Energia, one of the leaders in Brazil’s renewable energy sector, is building eight hydropower plants in several of the country’s States. They will increase power generation in these regions.
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Led by Proparco and IFC, Circulate Capital Achieves Third Close for Circulate Capital Ocean Fund I-B
Circulate Capital, the Singapore-based investment-management firm financing high-growth opportunities at the nexus of climate technology, plastic recycling, and the circular economy, announced today a t...
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Proparco supports Ananta Group, a leading apparel producer in Bangladesh
With this USD 13.8M loan, Proparco, the French Development Finance Institution, supports Ananta Huaxiang Limited (AHL), a subsidiary of Ananta Group in Bangladesh, to increase its sweater manufacturin...
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In Turkey, Proparco and DenizBank join forces to support green projects and farmers
Proparco and DenizBank have successfully signed a 45 million euro senior loan. Thanks to this facility, the Turkish bank will expand its support to green projects (renewable energy and energy efficien...
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Proparco and Vitas Group join efforts to support small entrepreneurs in Iraq with a new partnership
The USD 3.95 million portfolio guarantee granted by Proparco marks its first operation with the microfinance sector in Iraq. It testifies to its commitment to supporting the private sector in fragile...
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First Farmer-led Company in India raises Capital from Group of European Investors
Sahyadri Farms Post Harvest Care Limited raised Rs.310Crs (almost EUR 40 million) growth capital from a group of impact-focused investors. Incofin, Korys, FMO and Proparco see Sahyadri Farms well-pla...
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Janngo Capital Startup Fund, Africa’s largest gender equal tech VC fund reaches the first close of its €60 mil...
At the eve of the 77th Session of the UN General Assembly (UNGA), Janngo Capital Startup Fund (JCSF) has announced its first close at EUR34 million (approximately US$36 million) in capital commitments...
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