CORONAVIRUS: THE AFD GROUP IS MOBILIZED WITH ITS PARTNERS AND CLIENTS IN AFRICA

In the face of the coronavirus pandemic, AFD Group is adapting its operational and human resource systems. The group is working on a response aimed at limiting any health-related or economic ...

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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. In the wake of ...

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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 ...

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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 ...

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Proparco is renewing its support to Ivorian and Senegalese microenterprises and SMEs via a loan to COFINA Group

Proparco and Cofina, have signed a loan agreement that will facilitate access to credit for microenterprises and small and medium-sized enterprises (SMEs) and help them play their key role in the ...

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AFD mobilized for women’s entrepreneurship in Egypt

AFD is mobilizing a EUR 50m credit line for the Micro, Small and Medium Enterprise Development Agency (MSMEDA) to support women’s entrepreneurship in Egypt. This financing is combined with ...

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The French Development Agency supports african SMEs via a counter-guarantee of USD 30 million to the African Guarantee Fund

Rémy Rioux, Chief Executive Officer of the AFD, and Félix Bikpo, Group Chief Executive Officer of the African Guarantee Fund for Small and Medium-Sized Enterprises (AGF), signed a ...

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Proparco and Societe Generale Ghana facilitate access to finance for MSMEs

Proparco, AFD Group’s private sector arm, and Societe Generale Ghana have just signed an ARIZ portfolio guarantee which will facilitate Micro, Small And Medium-Sized Enterprises (MSMEs) ...

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The SIBC accelerates and commits itself alongside entrepreneurs operating in Africa to address the Covid 19 crisis

The Social & Inclusive Business Camp (SIBC) accelerates and commits itself alongside entrepreneurs operating in Africa to address the Covid 19 crisis. After being imagined and incubated by ...

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Long-term loan to support SMEs in Botswana

Proparco, the French Development Agency’s private sector financing arm, has concluded a US$10 million Tier II long-term debt financing with African Banking Corporation Botswana (“BancABC ...

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