#Proparco

[touchaheartnews]

FCMB invites applications for Accelerator Programme to empower one million SMEs across Nigeria.

  First City Monument Bank (FCMB) has launched an accelerator programme to upskill and grow over one million small and medium-sized enterprises (SMEs) in Nigeria. This Nigeria news platform gathered that by partnering with SkillPaddy and other industry experts, the bank aims to equip startups and existing businesses with the skills and resources to develop innovative products and services, create…

[developator]

Quand je vois les nominations du réseau PROPARCO

[konradnews]

Signing of Loan Agreement for "Support Project for Small, Medium and Micro Enterprises in Rural Areas" in the Republic of Turkey (Overseas Investment and Loan): 100th Anniversary of Establishment of Diplomatic Relations between Japan and Turkey: Contributing to Improvement of Economic Disparities in Rural Areas of Turkey ｜ News & Press Releases

Japan International Cooperation Agency (JICA) signed a loan agreement with Şekerbank Türk Anonim Şirketi (Şekerbank) of the Republic of Turkey on November 5. This project is the first overseas investment and loan for Turkey, and will be cofinanced with the Netherlands Development Finance Corporation (FMO) and France’s Overseas Economic Cooperation Promotion Company (Proparco). Signing…

[hamzaaslam]

Increasing credit limit to $100 million, HDBank and Proparco promote climate finance and 2X Challenge initiative

HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 19 September 2024 – The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – HOSE: HDB) and Proparco, the private sector financing arm of Agence Française de Développement Group (AFD Group), have signed a credit facility worth US$50 million. HDBank and Proparco’s leaders at the signing ceremony for a credit facility worth US$50…

[lu-s-energy]

EBRD And Proparco Invest In Tunisia’s Green Energy Transition With Major Solar Projects

EBRD And Proparco Invest In Tunisia’s Green Energy Transition With Major Solar Projects

[gaboninfoslive]

Lancement de l'Atelier consacré aux Partenariats Publics Privés (PPP)

Le mardi 11 juin 2024 à Libreville, le Ministre de l’Économie et des Participations, Monsieur Mays MOUISSI, a pris part à l’Atelier consacré aux Partenariats Publics Privés (PPP). Co-organisé par Proparco, filiale de l’Agence Française de Développement (AFD), la Société Financière Internationale (SFI) et la Banque Africaine de Développement (BAD), cet événement s’inscrit dans le cadre de la…

[afrimag]

Dans les archives Afrimag.... Dans le cadre de sa feuille de route 2022-2025, Digital Africa soutiendra 200 startups africaines à différents stades de leur croissance avec un large éventail d’offres à leur disposition. Grâce à une mobilisation conjointe et pérenne avec Proparco, de nouveaux dispositifs d’investissement et d’accompagnement sont mis en œuvre pour soutenir les entreprises de la Tech Made in Africa. Convaincu que les innovations numériques ont un impact transformateur unique dans tous les secteurs de l’économie et sont un moteur de changement pour le continent, Digital Africa lancera en septembre le fonds Fuzé. Ce dispositif répond parfaitement aux préoccupations des startups de la Tech africaine en phase de démarrage, avec une solution de financement par palier et conditionnés aux progrès de l'entreprise. Cette approche centrée sur la réussite des entrepreneurs vise à créer l’effet de levier nécessaire pour passer le cap des débuts,

[allthebrazilianpolitics]

IDB Invest grants loan to São Paulo sanitation company

IDB Invest, a member of the Inter-American Development Bank Group, has approved a BRL 940 million (USD 198 million) loan to Sabesp, a sanitation company controlled by the state government of São Paulo. With this financial backing, Sabesp will be able to extend sewage connections to 400,000 households.

The loan agreement also includes a BRL 470 million guarantee from Proparco, a subsidiary of the French Development Agency Group. This funding is part of the fourth phase of the Tietê River Clean-Up Program, aimed at improving sanitation access in the São Paulo region and restoring the river. 

The initiative encompasses the expansion and rehabilitation of sewer systems and wastewater treatment facilities, including three existing treatment plants and the construction of a new one.

Continue reading.

[developator]

Quand à Proparco, la soute est inondée, le pont n'est plus droit, les départs précipités se multiplient mais l'orchestre "Tout va bien" de l'AFD continue de jouer…

[lutoogyan]

E3 Capital and Lion's Head climate fund hits first close at $48M to back African startups

The E3 Low Carbon Economy Fund for Africa (E3LCEF), a fund by early-stage VC E3 Capital, and emerging markets-focused investment bank Lion’s Head Global Partners, has hit the first close at $48.1 million. The E3LCEF limited partners include FMO, the Dutch entrepreneurial development bank; Swedfund International AB, the Swedish development finance institution; Proparco, an AFD Group subsidiary and…

[trade-cdfi]

Acting together for greater impact: Proparco's new strategy | Proparco - Groupe Agence Française de Développement

In response to the numerous challenges currently confronting the planet – economic and geopolitical crises, climate emergency, growing inequalities – Proparco is adopting Strategy 2023-2027. This five-year roadmap is structured around three strategic objectives and differentiated operational approaches and is underpinned by impact-based objectives for a more just and sustainable world.…

[marketforcesafrica-blog]

Coronation Merchant Bank, Proparco Sign $20m Trade Finance Deal

Coronation Merchant Bank, Proparco Sign $20m Trade Finance Deal

Coronation Merchant Bank, Proparco Sign $20m Trade Finance Deal Coronation Merchant Bank Limited has signed a $20 million trade financial guarantee facility with Proparco- private sector financing arm of Agence Française de Développement Group (AFD Group), according to a statement by the company. Management said this will enable Coronation Merchant Bank to establish and deepen partnerships with…

[yesilhaber]

DenizBank sürdürülebilirlik hedefiyle 45 milyon euro kredi sağladı

DenizBank sürdürülebilirlik hedefiyle 45 milyon euro kredi sağladı

DenizBank, Fransız Kalkınma Ajansı iştiraki Proparco’dan 7 yıl vadeli 45 Milyon Euro tutarında kredi temin etti. Sorumlu bankacılık ilkesiyle sürdürülebilirlik hedeflerini odağına alan Banka, temin ettiği kaynakla tarım, yenilenebilir enerji ve enerji verimliliği alanlarında şirketlerin finansman ihtiyaçlarını karşılayacak. DenizBank Genel Müdür Yardımcısı Beril Oğuz, konuya ilişkin yaptığı…

[newscheckz]

Equity Group Strengthens Partnership With PROPARCO Increasing MSMEs

New Post has been published on https://newscheckz.com/equity-group-strengthens-partnership-with-proparco-increasing-msmes/

Equity Group Strengthens Partnership With PROPARCO Increasing MSMEs

As part of the visit to Kenya of the French Minister Delegate for Foreign Trade and Economic Attractiveness, Franck Riester, Proparco granted Equity Bank two guarantee facilities, ARIZ and EURIZ totalling €39 million (5 billion KES) to help the Kenyan bank further support job creating MSMEs. Proparco also granted a €550,000 technical assistance facility to support Equity Group Foundation’s health projects. The EURIZ guarantee and the technical assistance grant benefited from support from the European Union and the Organization of African, Caribbean and Pacific States.

Upon completing the signing, Dr. James Mwangi, Managing Director and CEO of Equity Group Holdings Plc. stated that they value the relation.

“Our strong relationship with Proparco is one that we greatly value. Our shared vision for the transformation of lives and livelihoods on the African continent is one we are both committed to. It is this shared mission that continues to support and expand opportunities for wealth creation on the continent for our people, and which will allow Africa to thrive and prosper in the post-Covid economy and underpins our collaborations under the French “Choose Africa” and Equity’s post covid Africa resilience and growth plan,” said DR. Mwangi.

Over the past three years, Proparco and Equity Bank have grown to become strong partners thanks notably to a $22.8 million loan granted in 2019 and a $100 million loan granted in October 2020, both intended to support the Bank’s commitment to Kenya’s MSMEs the actors in the real economy.

On the occasion of the visit to Kenya of the French Minister Delegate for Foreign Trade and Economic Attractiveness, Franck Riester, Proparco and Equity further strengthened their relationship by signing two new guarantees and of a technical assistance grant.

The first, a €19,5 million (2.5 billion KES) ARIZ guarantee will cover 50% of the amount of eligible loans allocated by Equity Bank to Kenyan MSMEs.

The second, a €19,5 million (2.5 billion KES) EURIZ guarantee will cover up to 70% of loans granted to women entrepreneurs or to MSMEs in sectors with a high social or societal impact such as Agriculture, Fisheries, Education and Health. Launched in May 2019 with the support of the European Union (EU) and the European Development Fund, and the Organization of African, Caribbean and Pacific States (OACPS), the EURIZ guarantee aims to facilitate access to credit for MSMEs, in particular in sectors with a high development impact, in order to help them play their essential role in economic growth and job creation.

The two guarantees, which amount to a total of €39 million (5 billion KES), are the largest ever granted by Proparco to a financial institution. They both contribute to Choose Africa, the French initiative dedicated specifically to African entrepreneurs, start-ups and MSMEs while supporting Equity’s Africa recovery and growth plan.

Proparco also allocated today a €550,000 (70 million KES) technical assistance grant to the Equity Group Foundation (EGF). This technical assistance, which also benefited from support from the EU and the OACPS, aims to support the development of EGF’s health pillar through several components, including the development of entrepreneurial and management training for Equity Afia’s doctor-entrepreneurs, the implementation of a quality management program within the network and the strengthening of the Equity Afia clinic economic and social model.

“With this 5bn KES guarantee facility for the benefit of hundreds of MSMEs including in high social impact sectors such as agriculture and healthcare, Proparco is very proud to further strengthen its partnership with Equity Bank, one of the leading and most innovative banking groups of Africa. Equity Bank historical and long-lasting commitment to MSMEs makes it a prominent partner of the AFD Group in the roll out of the Choose Africa initiative launched in 2018 by the French Government.”, said Djalal Khimdjee, Deputy CEO of Proparco.

These initiatives will contribute to several Sustainable Development Goals, including #3 (Good Health and Well Being), #5 (Gender Equality) and #8 (Decent Work and Economic Growth).

“We want to see continued progress for our SME and MSMEs as the world opens up and by working together with partners such as Proparco, the European Union (EU) and the European Development Fund, and the Organization of African, Caribbean and Pacific States (OACPS), we are offering our clients a way to empower themselves while creating economic opportunities for wealth creation for our people”, added Dr. Mwangi.

[developator]

Quand tu satures des actus Gaia et autres événements internes affirmant qu'on fait tous "Groupe" alors que sur ton secteur d'activités il n'y a toujours aucune réflexion de lancée sur l'articulation entre AFD/Proparco et EF