What Proparco Is All About
Proparco is a Development Finance Institution, partly owned by the French Development Agency and private shareholders from both developed and developing countries. It plays a crucial role in financing and supporting businesses and financial institutions across Africa, Asia, Latin America, Eurasia, and the Middle East. As a subsidiary of the AFD group, Proparco’s mission is clear: to boost the contribution of private actors in achieving the Sustainable Development Goals (SDGs). The focus? Building a sustainable and resilient economy, protecting the planet, and reducing inequalities. It’s about making a real difference, one project at a time.
Main Benefits and Key Figures
Proparco’s approach is multi-faceted, offering a range of solutions designed to energize the private sector in transitioning economies. Here are some key facts and figures:
- Invests close to one billion euros per year in private sector projects.
- Provides tailored loans to support private initiatives for sustainable development.
- Offers investment solutions crafted for sustainable impacts.
- Delivers guarantees that strengthen and energize private sector players.
- Supports projects with technical assistance to maximize positive outcomes.
Solutions That Make a Difference
Proparco’s toolbox is pretty diverse. It includes loans that back private initiatives aiming for sustainability, investments tailored to create meaningful impacts, guarantees that give the private sector a boost, and technical assistance to ensure every euro invested counts. This combination helps businesses and financial institutions thrive while aligning with global sustainability goals. It’s not just about money—it’s about smart, impactful financing.
Where Proparco Works
The reach of Proparco is impressive. Its activities span multiple sectors and regions, reflecting a commitment to broad, inclusive development. Key sectors include agriculture and agro-industry, urban development, education, energy, sustainable industry, networks and infrastructure, health, and financial services. Geographically, Proparco’s footprint covers Africa, Latin America and the Caribbean, Asia, Eurasia, and the Middle East. This wide scope ensures that sustainable development efforts touch diverse communities and economies.
Collaborations and Partnerships
Proparco doesn’t work in isolation. It collaborates closely with European counterparts, private foundations, family offices, developers, innovators, and strategic corporates. These partnerships amplify its impact, bringing together expertise, resources, and innovation. For example, the launch of the IMPACT+ Facility, a joint effort with the EU, mobilized €1.1 billion in guarantees for African SMEs. It’s a perfect example of how collaboration can unlock new opportunities and drive sustainable growth.
Project Impact and Sustainable Development Goals
- Sustainable and resilient economy
- Protection of the planet
- Reduction of inequalities
Latest News and Initiatives
Proparco stays active and engaged with ongoing projects and initiatives. Recently, it supported Gade Gui in Senegal to boost egg production, showing a commitment to agriculture and food security. Another highlight is how Ecobank is financing Africa’s future by addressing climate risks and opportunities. These stories reflect Proparco’s dynamic approach—always adapting, always pushing forward to create lasting, positive change.
