Search results
“3 questions to” Agnès Huang, investment officer for the Accion venture lab (AVL) project
In 2019, PROPARCO invested in the seed fund Accion Venture Lab (AVL), which is considered as one of the top fintech specialists in Africa, Asia and Latin America. This operation will support the creat...
News
Published on
Covid-19 - Supporting African SMEs: A priority development issue
During this critical period, a number of financial players – PROPARCO’s partners – are taking action to support African SMEs, which are (already) facing major cashflow problems.
News
Published on
Armenia: Farm Credit Armenia and PROPARCO are supporting armenian farmers
AFD Group is supporting the development of FCA, the only credit cooperative in Armenia, via a subordinated loan in Armenian dram for an amount equivalent to EUR 1.5m with a 6-year maturity. FCA is the...
News
Published on
PROPARCO and Société Générale Cameroun are supporting the development of the first certified green mall in Ce...
Like many cities in Sub-Saharan Africa, Douala, the economic capital of Cameroon (4 million inhabitants), is experiencing rapid population growth, especially among the middle class, and a strong urban...
News
Published on
Proparco provides a US$20 million finance facility to T&C Garments
The loan granted to one of Egypt’s top apparel company will support thousands of jobs over the coming years. It will also accelerate the company’s efforts towards better production processes through e...
News
Published on
Proparco takes a 30 M USD stake in pan-African fund AfricInvest IV, dedicated to African SMEs
Through a 30 million USD investment in the first close of AfricInvest’s new multisector private equity fund, Proparco will support the development of strong local and regional consumer-driven business...
News
Published on
2X Challenge exceeds initial target by committing and mobilizing $4.5 billion in capital towards women’s econo...
Montreal, June 30th, 2020 - Just two years after the launch of the 2X Challenge at the G7 Charlevoix Summit in Canada, the initiative has committed and mobilized a total $4.5 billion in gender-smart i...
News
Published on
IFC, IFU and PROPARCO Provide More Than $100 Million in Equity to Improve Healthcare in Egypt and Morocco
IFC, a member of the World Bank Group, IFU, the Danish Investment Fund for Developing countries, and PROPARCO, member of the Agence Française de Développement (AFD) group, are providing an equity fina...
News
Published on
Proparco, Finnfund and Nordic Microfinance Initiative support Proximity Finance in Myanmar
The $14 million investment will enable the microfinance institution to reach more smallholder farmers in Myanmar.
News
Published on
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...
News
Published on
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...
Project
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...
News
Published on
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...
News
Published on
Proparco and FMO extend a $50 million loan to BCI in Mozambique
This operation arranged by Proparco will support the bank’s activity towards Mozambican corporates and infrastructure projects, which are core to the country’s development. It illustrates the commitme...
News
Published on
In Kazakhstan, PROPARCO is supporting KMF, a microfinance institution very active in rural areas
By allocating KMF a loan in local currency (Kazakh tenge) equivalent to USD 15m, PROPARCO is reiterating its support to a major microfinance player whose clients are mainly rural dwellers.
News
Published on
Proparco partners with Vitas Palestine to support individuals and micro-entrepreneurs
Proparco’s $5 million credit line will help the microfinance institution further support the Palestinian private sector and will contribute to financial inclusion, which remains low in the Palestinian...
News
Published on
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...
News
Published on
With VPBank, Proparco supports green projects and SMEs in Vietnam
Proparco signed a USD 50 million loan to VPBank partially dedicated to climate-friendly initiatives, and commits to financing green and energy efficiency projects, as well as supporting SMEs in the co...
News
Published on
Embracing the Challenges of Sustainable Industrial Development : Latest issue of Private Sector & Development
The industrial sector is often said to be essential to economic development, but it is also a source of much controversy (environmental impact, labor law compliance, creation of decent jobs, etc.). Th...
News
Published on
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...
Project
