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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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Proparco and Société Générale Cameroun strengthen their commitment to MSMEs in Cameroon
The partnership signed today concerns the granting by Proparco of two portfolio guarantees to Société Générale Cameroun for a total of 20 million euros (more than XAF 13,000,000,000). The risk-sharing...
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Proparco joins Africa’s largest low-to-zero emission vehicle subscription platform MAX as a new investor
Metro Africa Xpress Inc. (“MAX”) - the largest vehicle subscription platform for low-to-zero emission vehicles in Africa, announces it has raised $31 million of new capital, in the first close of a Se...
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BELEN ELECTRIK
Proparco is supporting the construction and operation of a wind farm in southeast Turkey. Belen Elektrik’s project also includes the connection to the power grid and the construction of roads to the s...
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Proparco and IFC Invest in Bedding Maker Dolidol, Supporting Job Creation in Morocco and Nigeria
A financing package from IFC and Proparco will help Dolidol, a Moroccan manufacturer and distributor of polyurethane (PU) foam and bedding products, expand its production and sales to Nigeria, and gre...
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Proparco and BNI, Madagascar's leading bank, join forces to support the growth and development strategy of the...
Proparco will sign a 10 million euro loan with BNI MADAGASCAR in the coming days to strengthen the bank's equity and support its sustainable growth strategy in Madagascar.
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Proparco and SIPEM Banque strengthen their partnership in favor of Malagasy MSMEs
After the granting of a portfolio guarantee in May 2019, Proparco renews its support to SIPEM BANQUE MADAGASCAR with a guarantee of 9.2 billion ariary (2 million euros). Set up thanks to the resources...
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New issue of the magazine Private Sector & Development: #36 Technical Assistance: widening the field of possib...
The 36th edition of Proparco's Private Sector & Development (PS&D) magazine is devoted to technical assistance, an instrument at the service of development commonly used by all actors (international o...
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Expertise France joins AFD Group, allowing for a Holistic Approach to Development
The interministerial agency responsible for technical cooperation, Expertise France, joined AFD Group on January 1, 2022. With AFD subsidiary Proparco operating in the private sector, the Group now pr...
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Proparco and Armeconombank join forces to support SMEs and finance green projects in Armenia
Proparco and Armeconombank have signed a $10 million loan to finance SMEs and green projects in the country.
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In Brazil, Proparco and DEG grant a $40 million loan to Banco Industrial do Brasil to support SMEs
The transaction consists of a USD 40 m senior loan Facility arranged by DEG, with USD 20 m provided by Proparco, to the Brazilian bank Banco Industrial do Brasil (BIB). The funds will support BIB’s le...
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Proparco and Absa join forces to support SMEs impacted by the Covid-19 crisis
Proparco is collaborating with South Africa's third largest bank by assets, Absa Bank Limited, by granting it a senior loan of $20 million to contribute to its support plan for Corporate SMEs in the c...
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FinDev Canada, US DFC, Proparco and AXA XL partner with MFX Currency Risk Solutions to facilitate impact inves...
FinDev Canada, US DFC, Proparco and AXA XL announced they are providing an innovative financing solution to MFX Currency Risk Solutions (MFX) to enhance its liquidity and help position it for its next...
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Proparco strengthens its partnership with Société Générale to support Chadian SMEs
Within the framework of the Choose Africa Resilience initiative, Proparco and Société Générale Chad have signed two guarantees to support micro, small and medium enterprises.
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BIC BANCO
By financing Bic Banco, Brazil’s 5th largest bank, Proparco is supporting credit for the country’s agricultural and agro-industrial companies. The entire agricultural supply chain will be strengthened...
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