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New Blue Loan to Help Bank of Qingdao Pilot Blue Finance, Supporting China’s Climate Goals
Proparco participated in IFC's landmark $150 million blue syndicated loan for Bank of Qingdao (BQD), marking its and IFC's first blue finance investment in China. This new investment will enable BQD t...
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Proparco invests $31,5 million into Kenya's leading modern retailer
Proparco, is pleased to announce its partnership with IBL Group, the largest conglomerate of Mauritius (listed on the Mauritius Stock Exchange), and DEG, a subsidiary of German KfW Group, to jointly a...
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Proparco Completes Pre-Series-A Investment in Moringa Fueling its Expansion across Africa
This investment will aid Moringa to prepare for Series A funding in 2023. Apart from International expansion outside Kenya, the funding from Proparco will also facilitate the broadening of the range o...
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Proparco and Vista Gui sign a USD 10 million trade finance guarantee in Guinea
The project consists in the granting of a USD 10 million envelope to guarantee trade finance instruments issued by Vista Gui, a subsidiary of the Vista banking group, the country's largest bank in ter...
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Proparco invests $15 million in the Indian microfinance institution Annapurna
This investment from Proparco completes a funding round in which Annapurna raised a total of $100 million. This fundraising will allow Annapurna to grow its loan book, invest in technology, expand geo...
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Brac Bank
Proparco is contributing to strengthening the financing capacity of BRAC Bank – whose clients are unbanked SMEs in Bangladesh – and is financing training in risk management for ten of the bank’s execu...
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Green Móvil: Proparco and FDN finance the largest e-mobility project in Colombia
This week, at Proparco’s headquarters in Paris, the signing ceremony of the Green Móvil project took place. Only a year after financing the first fleet of electric buses in Bogotá (the “Electribus” pr...
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Acquisition of a majority equity stake in Diani Beach Hospital in Kenya alongside Ascent Rift Valley Fund II –...
The investment will continue Diani Beach Hospital’s growth, thus improving healthcare provision for hundreds of thousands of Kenyans living in an underserved part of the country.
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Proparco supports Centenary Bank’s commitment towards Micro, Small and Medium Enterprises (MSMEs) in Uganda
Through a credit line and portfolio guarantees equivalent to UGX 105 billion commitment, Proparco will help boost Centenary Bank’s capacity to support micro, small and medium-sized enterprises (MSMEs)...
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Proparco, the European Union and Societe Generale Guinea collaborate to support high impact VSEs/SMEs
Proparco, on behalf of the French Development Agency (AFD), has signed a partnership agreement with Societe Generale Guinea within the framework of the EURIZ program implemented thanks to the resource...
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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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Proparco supports the growth of the Vitalis Group, a leading pharmaceutical company in Latin America
Proparco, alongside Acon Investments, DEG and FMO, acquired the Vitalis Group (Vitalis), a leading manufacturer and distributor of generic injectable pharmaceuticals with production facilities in Colo...
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“Choose Africa on air” webcast: spotlight on entrepreneurial Africa
This event brought together a number of Proparco’s key economic stakeholders, entrepreneurs, experts and financial partners, both in a studio and via a live link-up from Africa. It was an opportunity...
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Global gender finance initiative sets ambitious new $15 billion fundraising goal after securing more than doub...
Over 200 businesses in the developing world received investment over the last three years.
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Banco Popular
PROPARCO is supporting credit for businesses – especially SMEs – by financing Banco Popular Dominicano, the country’s leading private bank. SMEs currently account for a third of its loan portfolio.
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IVORY COAST : Proparco and EAIF partner to finance the first biomass plant with grid injection in Africa
During the visit to Côte d’Ivoire by Mr. Jean-Yves Le Drian, the French Minister for Europe and Foreign Affairs, Proparco and the Emerging Africa Infrastructure Fund (EAIF) have closed a 165M EUR proj...
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Proparco and Ecobank Liberia have signed a USD 10M Trade Finance guarantee
After a pilot Trade Finance project launched in 2017 with Ecobank Group subsidiaries in Mali, Burkina Faso, Guinea and Côte d'Ivoire (and their French subsidiary as confirming bank), PROPARCO has just...
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G7 DFI and multilateral partners to invest over $80 billion into African businesses over the next five years
The G7 DFIs, the IFC, the private sector arm of the African Development Bank, EBRD and the European Investment Bank today announced that they were committed to investing $80 billion in the private sec...
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