Published at Monday, May 2, 2022 10:24 AM in the community AFRICA FORWARD
π Proparco's financing and support solutions for start-ups, VSEs and African SMEs
π‘ For the past 40 yeats, Proparco has been involved in financing and supporting companies and financial institutions to strengthen the private sector's contribution to achieving the SDGs. In 2020, Proparco deployed EUR +2bn in annual commitments, including EUR 755m for African projects.
π Since the launch of the Choose Africa initiative, the AFD group, of which Proparco is a part, has supported start-ups, VSEs and SMEs in Africa. The commitment amounts to EUR 3.5 billion for the period 2018-2022.
βοΈ Proparco's support services include multi-sector & geographical expertise, an ability to structure complex projects and risk management, as well as support towards better environmental and social practices
π― Proparco has various financial tools including loans, equity, quasi-equity, investment funds, guarantees, technical support, delegated funds and concessional financing