Proparco

Proparco is a development finance institution and subsidiary of the Agence française de développement (AFD Group). Founded in 1977, Proparco has evolved into one of Europe's leading development finance institutions, with a share capital of EUR 1,353 million and approximately 20 shareholders including French, African, and Latin American public and private financial institutions. Proparco invests across Africa, Asia, Latin America, Eurasia, and the Middle East, with a strong focus on sub-Saharan Africa. The institution has invested $121.4 million across seven funding rounds between April 2018 and August 2023, primarily in fintech, e-commerce, and talent management sectors. Its African portfolio includes investments in South Africa, Kenya, Ghana, Senegal, and Côte d'Ivoire, supporting companies in mobile financial services, FMCG logistics, payroll infrastructure, and AI-driven analytics. With over 45 years of experience in impact financing, Proparco signed more than 200 projects in 2024 and operates across 115 countries. The institution focuses on three core impact objectives: strengthening private sector contributions to the Sustainable Development Goals, fighting poverty, and promoting sustainable growth. Proparco's investments target infrastructure, energy, transport, agriculture, banking systems, and essential services including water, healthcare, and education.