Proparco

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

Proparco
TypePrivate
IndustryDevelopment Finance
Founded1977
HeadquartersParis, France
Key people
Françoise Lombard
Chief Executive Officer
ProductsFeasibility Studies, Equity Financing, Advisory Services, Loans, Consulting
Websitewww.proparco.fr

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, 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]

Impacts in 2016

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

Shareholders

The shareholding in PROPARCO is as depicted in the table below:[6]

Shareholding In PROPARCO
RankName 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

References
  1. About PROPARCO
  2. "Home | Proparco - Groupe Agence Française de Développement" (PDF).
  3. "Afrique-France : lancement officiel de l'initiative " choose Africa " à Dakar". La Tribune (in French). Retrieved 2022-06-21.
  4. Botti, Lauranne; IJsselmuiden, Carel; Kuss, Katharina; Mwangi, Éric; Wagner, Isabella E. (2018), "Chapitre 6. Recherche Afrique-Europe dans le domaine de la santé: le potentiel de l'Initiative pour l'équité de la recherche pour plus d'égalité entre les partenaires", Coopération Afrique-Europe en matière de recherche et innovation, IRD Éditions, pp. 87–104, doi:10.4000/books.irdeditions.27131, ISBN 9782709926522, retrieved 2022-06-21
  5. "Home | Proparco - Groupe Agence Française de Développement".
  6. Répartition du capital de Proparco au 8 mars 2022
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