Proparco Explained

Proparco
Type:Private
Foundation:1977
Location:Paris, France
Key People:Françoise Lombard
Chief Executive Officer
Industry:Development Finance
Products:Feasibility Studies, Equity Financing, Advisory Services, Loans, Consulting

Proparco is a development finance institution partly owned by the French Development Agency (AFD) and private shareholders from the developed countries.

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], 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.

Impacts in 2016

In 2016, the projects supported by Proparco contributed to[4]

Shareholders

The shareholding in PROPARCO is as depicted in the table below:[5]

Shareholding In PROPARCO
Rank Name of OwnerPercentage Ownership
1Agence française de développement79.8
2French Financial Institutions8.2
3International Financial Organisations10.0
4French Companies1.4
5Investment funds & Foundations0.6
Total100.0
French Financial Institutions include:
International Financial Organizations include:
French companies include:
Investment Funds & Foundations include:

See also

External links

Notes and References

  1. http://www.proparco.fr/lang/en/Accueil_PROPARCO/PROPARCO About PROPARCO
  2. Web site: Home | Proparco - Groupe Agence Française de Développement.
  3. Web site: Afrique-France : lancement officiel de l'initiative " choose Africa " à Dakar . 2022-06-21 . La Tribune . 29 March 2019 . fr.
  4. Web site: Home | Proparco - Groupe Agence Française de Développement.
  5. https://www.proparco.fr/fr/ressources/repartition-du-capital-de-proparco Répartition du capital de Proparco au 8 mars 2022