Proparco
Financial Institution From Wikipedia, the free encyclopedia
Proparco is a development finance institution partly owned by the French Development Agency (AFD) and private shareholders from the developed countries.
 | |
| Company type | Private |
|---|---|
| Industry | Development Finance |
| Founded | 1977 |
| Headquarters | Paris, France |
Key people | Françoise Lombard Chief Executive Officer |
| Products | Feasibility Studies, Equity Financing, Advisory Services, Loans, Consulting |
| Website | www |
PROPARCO promotes private investment in Africa, Asia, Latin America, and the Middle East to reach the Sustainable Development Goals (SDGs). PROPARCO finances operations which are economically viable, financially profitable, environmentally sustainable and socially equitable.[1] As of 2016[update], its shareholders' capital exceeded €693 million (US$773 million).[2]
From 2019, Proparco is participating in the Choose Africa initiative launched jointly with AFD to accelerate the growth of African SMEs, which consists of making available 2.5 billion euros over 4 years: 1.5 billion in bank loans and guarantees and 1 billion in equity investments in SMEs (direct investments or through private equity funds).[3] In 2020, to play its part in the response to the COVID-19 crisis, Proparco is adding €1 billion under the Choose Africa Resilience plan.[4]
In 2016, the projects supported by Proparco contributed to[5]
- the creation or maintaining of 142 000 jobs directly and 732 000 indirectly
- the production of 802 Gigawatts/hour (GWh) of renewable energy
- 6000 students receiving high quality services in financed establishments
- 406 M€ of value added in the countries of intervention through salaries and benefits
The shareholding in PROPARCO is as depicted in the table below:[6]
| Shareholding In PROPARCO | |||||||||||||||||||||
|
- French Financial Institutions include
- BNP Paribas
- BCPE IOM
- CDC Entreprises Elan PME (BpiFrance)
- Crédit Agricole
- Société Générale
- International Financial Organizations include
- Aga Khan Fund for Economic Development (AKFED)
- Banque Marocaine du Commerce Extérieur (BMCE)
- Bank of Africa Group (BOA Group)
- Banque Ouest Africaine de Développement (BOAD)
- Development Bank of Latin America and the Caribbean (CAF)
- Development Bank of Southern Africa (DBSA)
- German Investment Corporation (DEG)
- French companies include
- Bouygues
- Bolloré Africa Logistics
- Saur International
- Socotec international
- SOMDIAA
- SIPH
- ENGIE
- Investment Funds & Foundations include
- Jean-Pierre Godon
- Amundi AFD Avenirs Durables
- Natixis Solidaire
Wikiwand in your browser!
Seamless Wikipedia browsing. On steroids.
Every time you click a link to Wikipedia, Wiktionary or Wikiquote in your browser's search results, it will show the modern Wikiwand interface.
Wikiwand extension is a five stars, simple, with minimum permission required to keep your browsing private, safe and transparent.
