Proparco initiates CREA Fund with EU backing to support the african cultural and creative sector
Proparco launches CREA Fund, its first initiative to support Sub-Saharan Africa cultural and creative industries in accessing financing. This new facility, which should be up and running by ...
Read moreIn Djibouti, Proparco and BCIMR support financial inclusion
This operation between AFD Group (Proparco) and Banque pour le Commerce et l’Industrie – Mer Rouge (BCIMR) consists in granting a 1.5 million euro ARIZ TPE guarantee. This operation is part ...
Read moreProparco and AB Bank Zambia sign landmark partnership to support Zambian MSMEs
The partnership, part of Proparco’s Choose Africa and ARIZ initiatives, consists of two portfolio loan guarantees totalling 2 million Euros. The guarantees will further boost AB Bank’s financing ...
Read moreProparco and Absa join forces to support SMEs impacted by the Covid-19 crisis
Proparco is collaborating with South Africa’s third largest bank by assets, Absa Bank Limited, by granting it a senior loan of $20 million to contribute to its support plan for Corporate ...
Read moreProparco strengthens its partnership with Société Générale to support Chadian SMEs
Within the framework of the Choose Africa Resilience initiative, Proparco and Société Générale Chad have signed two guarantees to support micro, small and medium enterprises. The guarantees ...
Read moreNew issue of the magazine Private Sector & Development: #36 Technical Assistance: widening the field of possibilities
The 36th edition of Proparco’s Private Sector & Development (PS&D) magazine is devoted to technical assistance, an instrument at the service of development commonly used by all ...
Read moreProparco and BNI, Madagascar’s leading bank, join forces to support the growth and development strategy of the Island
Proparco will sign a 10 million euro loan with BNI MADAGASCAR in the coming days to strengthen the bank’s equity and support its sustainable growth strategy in Madagascar. Proparco ...
Read moreProparco and SIPEM Banque strengthen their partnership in favor of Malagasy MSMEs
After the granting of a portfolio guarantee in May 2019, Proparco renews its support to SIPEM BANQUE MADAGASCAR with a guarantee of 9.2 billion ariary (2 million euros). Set up thanks to the ...
Read moreProparco joins Africa’s largest low-to-zero emission vehicle subscription platform MAX as a new investor
Metro Africa Xpress Inc. (“MAX”) – the largest vehicle subscription platform for low-to-zero emission vehicles in Africa, announces it has raised $31 million of new capital, in the first ...
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