Proparco and Standard Bank South Africa strengthen their partnership to increase access to finance for small businesses
Proparco and Standard Bank signed two guarantee agreements for €28.5 million in Johannesburg today during Proparco’s Deputy CEO, Djalal Khimdjee’s visit to South Africa. The guarantees are in ...
Read moreThe tie-up between Proparco and Digital Africa will strengthen the Choose Africa initiative in supporting early-stage african startups
To meet the needs of entrepreneurs, particularly at the start of their ventures, the Choose Africa initiative will now offer African startups financing and assistance tailored to early-stage ...
Read moreProparco invests in ARAF, the first-of-its-kind equity fund to drive climate adaptation for smallholder farmers across sub-Saharan Africa
Proparco – through FISEA+, the AFD Group fund advised by Proparco – signed a USD 5 million investment in Acumen Resilient Agriculture Fund (ARAF). The fund invests in agri-startups in East ...
Read moreProparco and Ecobank increase support for MSMEs in Ghana
Proparco and Ecobank Ghana, an affiliate of the Pan-African Banking Group, Ecobank Transnational Incorporated (ETI), have today signed a partnership agreement aimed at increasing access to ...
Read moreCôte d’Ivoire: PROPARCO is strengthening its partnership with ADVANS-CI, ECOBANK-CI and SIB to support Ivorian companies affected by the crisis
During the visit to Côte d’Ivoire by Mr. Franck Riester, the French Minister Delegate for Foreign Trade and Economic Attractiveness, PROPARCO and the financial institutions ADVANS-CI, ECOBANK-CI ...
Read moreCall for Projects from African Entrepreneurs: The Social and Inclusive Business Camp
The Social & Inclusive Business Camp (SIBC) is committed to supporting impact entrepreneurs and is launching its fifth call for applications open to project initiators from all over Africa. ...
Read morePROPARCO and DEG sign a USD 65m loan to MCB to support its clients affected by the Covid-19 crisis
A USD 65m loan has been signed between Proparco, its German counterpart DEG and Mauritius Commercial Bank Limited (MCB). The objective is to support Mauritian businesses affected by the crisis ...
Read moreProparco is committed to supporting the development of mini-hybrid solar networks in the Democratic Republic of Congo
Through a €1 million investment in the company Nuru, Proparco is helping to improve access to clean and accessible electricity for households and businesses. Proparco thus illustrates the ...
Read moreProparco participates in the first close of Ascent Rift Valley Fund II
African private equity fund manager Ascent today announced the first rolling close of its Ascent Rift Valley Fund II (ARVF II) at more than USD 100 million, significantly exceeding its initial ...
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