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 ...
Read moreDigital 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 ...
Read moreProparco 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 ...
Read moreAFD 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 ...
Read moreThe 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 ...
Read moreProparco 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) ...
Read moreThe 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 ...
Read moreLong-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 ...
Read moreCORONAVIRUS: 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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