Anka secures US$5M funding to export Africa
International Finance Corporation (IFC) along with Proparco and French Public Investment Bank to advocate the promotion of Africa’s creative economy to the world ANKA, the “all-in-one SaaS for ...
Read moreJoliba Capital, a new investment fund for startups in Western and Central Africa
The fund will target investment opportunities across Francophone countries in Western and Central Africa to develop small and mid-cap regional champions seeking growth capital and operating ...
Read moreProparco and Equity BCDC renew their support for SMEs in the DRC
Equity BCDC and Proparco just signed a EURIZ 10 MEUR portfolio guarantee (denominated in USD) to support loans to small and medium-sized enterprises (SMEs) in the Democratic Republic of Congo ...
Read moreIn Côte d’Ivoire, Advans supports small corn producers, with support from Proparco
Proparco and Advans Côte d’Ivoire have signed a grant agreement that will provide nearly 1,500 maize growers in Côte d’Ivoire with easier access to financing. The 230,000 euro grant ...
Read moreProparco Supports Egypt’s Startups with Investment in DisrupTech Ventures
Proparco today announced an investment in an early-stage venture capital fund managed by DisrupTech Ventures, to support development in Egypt’s fintech sector and help expand access to ...
Read moreProparco takes a stake in Nuru, which develops urban solar metrogrids in the DRC
Nuru SASU (Nuru), the company behind Democratic Republic of the Congo (DRC)’s first solar PV metrogrid, is on track to build 13.7MWp of isolated solar-hybrid grids by mid-2024 after securing an ...
Read moreTeam Europe FMO and Proparco support Tanzanian private sector growth through USD 125 mln to NMB Bank
FMO, the Dutch entrepreneurial development bank, recently arranged a USD 125 mln senior loan facility for its long-term customer NMB Bank in Tanzania. The senior loan is provided in partnership ...
Read moreProparco and Ecobank Senegal collaborate to strengthen access to financing for Senegalese SMEs
Following the signature of two ARIZ and EURIZ portfolio guarantees with Ecobank Côte d’Ivoire at the FIC Summit last October, AFD Group, via Proparco, is reiterating its support for the ...
Read moreIn Sub-Saharan Africa, the ARAF fund is strengthening the climate resilience of smallholder farmers
Financed by several partners and development finance institutions – including Proparco, via AFD Group’s FISEA+ facility – the ARAF fund targets the issues of food security and climate change. It ...
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