Proparco

Proparco is a development finance institution that focuses on promoting private investment in Africa, Asia, Latin America, and the Middle East. As a subsidiary of the French Development Agency (AFD) and backed by private shareholders from developed countries, Proparco offers a range of financial products including equity financing, loans, and advisory services. Their investments typically span various stages, from seed to post-IPO debt.

Notable portfolio companies include D.Light Design, Ecobank, Metro Africa Xpress, Quadria Capital, Raxio Group, and WorkPay. Proparco's investment philosophy centers on fostering sustainable economic, social, and environmental development in emerging and developing countries. The institution provides value-added services such as feasibility studies and consulting to support the growth and impact of their investees.