Agence Française de Développement (AFD) Group has launched a new EUR 15m fund dedicated to African start-ups

● The new EUR 15m seed fund dedicated to young innovative enterprises in Africa aims to build African start-ups with positive impacts that create value for both the economy and society. ● This ...

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Proparco and Advans Foster innovation in Microfinance

Proparco is committed to supporting the development of Advans’ digital strategy through technical assistance granted for the implementation of pilot projects. These will improve ...

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Private Sector and Development: Anniversary Issue – SME Finance in Africa: What’s New?

10 years after having dedicated its first issue to the financing and support of SMEs in Africa, Proparco’s Private Sector & Development magazine takes another in-depth look into this ...

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New french private equity initiative in Africa

At the Ambition Africa Conference and during the event organized by France Invest, Mr. Bruno Le Maire, Minister of the Economy and Finance, announced the launch of a Call for Expressions of ...

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Proparco and Société Générale Côte d’Ivoire facilitate access to financing for SMEs

Mr. Aymeric VILLEBRUN, Managing Director of SGCI, HE Mr. Gilles HUBERSON, French Ambassador to Côte d’Ivoire, and Mrs Fatoumata SISSOKO-SY, Proparco’s Regional Director for West ...

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Proparco signs a loan with Société Générale Burkina Faso to support the country’s SMEs

Proparco has just signed a EUR 25m subordinated loan which will allow Société Générale Burkina Faso to sustainably strengthen its equity so that it can continue to play a major role in financing ...

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Proparco supports fintech startups in developing countries

Proparco invested US$2 million in Accion Venture Lab’s new fund, adding together with global nonprofit Accion and a group of third-party impact and commercial investors, $33M to the initial ...

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The AFD Group supports social and inclusive businesses in South Africa

Through their ARIZ guarantee mechanism, Proparco and AFD will help ASISA Enterprise and Supplier Development Fund further support small businesses with a clear social and/or environmental ...

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The AFD Group supports MSMEs in Zambia

Thanks to their investment in AB Bank Zambia, AFD and Proparco will support the only bank financing SMEs and micro-entrepreneurs in the country. FISEA, an investment and support fund owned by AFD ...

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