Proparco

Proparco is devoted to private sector funding in the sustainable development sector. A subsidiary of AFD dedicated to the private sector, Proparco has been working for 40 years to promote sustainable development in economic, social and environmental matters. Proparco participates in the financing and support of companies and financial institutions in Africa, Asia, Latin America and the Middle East. Its action focuses on the key sectors of development: infrastructures with a focus on renewable energies, agro-industry, financial institutions, health, education ... Its interventions are aimed at strengthening the contribution of private actors the achievement of the Sustainable Development Goals (SDGs) adopted by the international community in 2015. To this end, Proparco finances companies whose activity contributes to the creation of jobs and decent incomes, the supply of essential goods and services, and the fight against climate change.
CB

Catherine Bareyre

Legal Director

AB

Anne-Sophie Beal-Rakoutz

Head of Private Equity

Grégory Clemente

CEO

CC

Cécile Couprie

CFO

TE

Thomas Eloy

Head of Risk Department and Risk Director

Gd

Ghislain de Valon

Deputy CEO

43 past transactions

Greenlight Planet Inc

Debt Financing in 2022
Greenlight Planet Inc develops and manufactures solar lighting and energy devices. It manufactures solar lighting devices, including solar lamps, solar lanterns with mobile charger, and home energy systems. The company offers its products through a network of distributors and it also offers its product online. The company was founded in 2007 and is based in Chicago, Illinois with additional offices in Mumbai, India; and Nairobi, Kenya.

Nuru, SARL

Venture Round in 2021
Nuru, SARL generates and manages renewable electric energy. The company offers solar micro grid energy to the Congolese households, businesses, and organizations. Additionally, the company installs solar PV and storage micro grid across country. Nuru, SARL was formerly known as Kivu Green Energy and changed its name to Nuru, SARL in September, 2019. The company was founded in 2015 and is based in Goma, Democratic Republic of the Congo.

Kingo

Series B in 2017
Kingo Energy manufactures solar energy producing systems. The company was founded in 2013 and is headquartered in Guatemala City, Guatemala.

Proximity Designs

Venture Round in 2020
Proximity Designs is a non-profit charitable organization, which designs and manufactures agricultural and farming equipment. The foundation offers sprinklers, solar irrigation pumps, foot-powered water pumps, plastic water pumps, and sprayers. It also provides agronomy advisory services, social services, agricultural financing services, and economic policy research services in Myanmar. Proximity Designs was formerly known as IDE Myanmar and changed its name to Proximity Designs in 2008. The foundation was founded in 2004 and is headquartered in South Pasadena, California. It has an additional office in Yangon, Myanmar.

GoMyCode

Series A in 2022
GoMyCode is changing the education market by training talents in a dynamic belnded environement on digital skills and connects them with tech opportunities around the world. Based on 4 Main Aspects: - Data based Assessment - Data based matching - Business Analytics - Learning Platform - Content Editor GoMyCode provides digital Skills Training for the Future of Work. In 4 Different fields: - DATA - DEVELOPMENT - DESIGN - DIGITAL MARKETING

Africa Mobile Networks

Private Equity Round in 2021
Africa Mobile Networks Ltd finances, builds, and operates mobile network base stations in Sub-Saharan Africa region, connecting the unconnected rural population. The company combines low power Base Transceiver Station (BTS) transmitters with Very Small Aperture Terminal (VSAT) satellite technology and directs traffic onto an existing network, using solar panels to power the systems. Africa Mobile Networks Ltd was founded in 2013 and is based in Milton Keynes, United Kingdom.

Sonata Finance

Venture Round in 2016
Sonata Finance Private Limited, a micro-finance company, provides financial services to women of rural areas in India. The company offers various loan products, including income generating loans, group and individual lending, micro enterprise, utility finance, sanitation, and home improvement loans, as well as two wheeler loans. As of March 31, 2020, it operated through 443 branches. The company was incorporated in 1995 and is headquartered in Lucknow, India.

Khan Bank

Debt Financing in 2021
Khan Bank is a universal bank and a customer of FMO.

NMB Bank Limited

Debt Financing in 2014
NMB Bank is dedicated to providing premium financial services to all existing and potential customers. Since 1993, we have offered supreme corporate, retail and investment banking solutions.

Jumo World Limited

Series B in 2018
We’re building next-generation financial services technologies to empower emerging market entrepreneurs. We use advanced data science and machine learning to create the fastest and leanest financial services infrastructure. Our partners use our technology stack to offer savings, lending and insurance products to entrepreneurs in emerging markets.These next-generation products give anyone with a cell phone and mobile wallet access to unprecedented financial choice, enabling millions of people to prosper, build their businesses and drive economic growth.

Africa Finance Corporation

Venture Round in 2013
AFC offers a unique value proposition as an Africa-focused bank covering complimentary service areas. These are project development, technical advisory, principal investing and financial advisory services.

GoodLife Pharmacy

Debt Financing in 2022
GoodLife provides trusted pharmaceuticals and wellness products to over 600,000 customers from 19 different convenient locations across East Africa.

Daystar Power

Series B in 2021
Daystar Power specialises in providing solar power and energy efficiency solutions for businesses in the commercial, industrial, and agricultural sectors that result in significant reduction of power costs, diesel consumption and pollution.

Neogrowth

Debt Financing in 2019
Neogrowth operates as a non-banking financial company in India. It is focused on meeting the financial needs of small businesses which sell goods and services to consumers. It offers business financing services to small- and medium-sized retail companies that sell apparel, consumer durables and electronic items, footwear and accessories, handicrafts, gifts, and optical goods as well as to restaurants, beauty salons, hotels, gymnasiums, and health diagnostic centers. NeoGrowth began its commercial operations in 2013.

Azure Power

Post in 2018
Azure Power Global Limited, together with its subsidiaries, engages in the development, construction, ownership, operation, maintenance, and management of solar power plants in India. It generates solar energy based on long-term contracts with Indian government energy distribution companies, as well as other non-governmental energy distribution companies and commercial customers. As of March 31, 2020, the company operated 43 utility scale projects and various commercial rooftop projects with a combined rated capacity of 1,808 MW. Azure Power Global Limited was founded in 2008 and is based in New Delhi, India.

Enko Education

Series B in 2022
Enko Education Investments (PTY) LTD operates a network of private schools. The company was founded in 2013 and is based in Johannesburg, South Africa. It has additional offices in Cameroon, Mozambique, and Côte d’Ivoire.

Medsaf

Debt Financing in 2021
Medsaf engages in delivering medications to hospitals, pharmacies, and clinics in Nigeria. It offers antacids, anaemia, antiviral, antineoplastics, antiseptics, probiotic, vaccine, and anesthetics drugs. In addition, the company also distributes vitamins and minerals supplements. It offers its products online. Medsaf was formerly known as Vitamins.ng. The company was founded in 2014 and is based in Lagos, Nigeria.

d.light design

Private Equity Round in 2021
d.light design inc. designs, manufactures, distributes, and sells solar light and power products for households and small businesses worldwide. The company solar lanterns, home systems, and appliances. It serves customers through a network of importers, distributors, and retailers, as well as online. The company was founded in 2004 and is based in Palo Alto, California with additional offices in Shenzhen, China; Gurgaon, India; Nairobi, Kenya; Kampala, Uganda; and Lagos, Nigeria.

Northern Arc

Debt Financing in 2022
Northern Arc Capital Limited operates as a non-banking financial company in India. The company offers microfinance, agricultural finance, housing finance, vehicle finance, and consumer finance; and small business and gold loans, as well as fintech services. It also provides structured products and capital market instruments; term loan, debt syndication, and guarantee-backed lending; and fund management services. The company was formerly known as IFMR Capital Finance Private Limited and changed its name to Northern Arc Capital Limited in March 2018. Northern Arc Capital Limited was incorporated in 1989 and is based in Chennai, India.
Annapurna Finance Private Limited, a non-banking financial company, provides micro finance services to women and low-income households in rural and semi-urban areas in India. It offers income generation loans for SHG/JLG clients, including loans for the cultivation of agriculture crops, agri equipment financing, loans for agri allied activities, micro enterprise loans, and loans for handicraft and handloom works; business loans to micro, small, and medium enterprises to meet their working capital needs; and housing finance for home construction, flat purchase, home renovation, and balance transfer needs. The company also provides loans for persons with disability and financially excluded sections of the society; financial assistance to individuals to provide access to safe water and sanitation facilities at household level; dairy development loans; solar light loans; consumer durable loans; home improvement loans; and affordable loans to street vendors. In addition, it offers credit linked insurance to the clients. The company was formerly known as Annapurna Microfinance Private Limited and changed its name to Annapurna Finance Private Limited in 2018. Annapurna Finance Private Limited was incorporated in 1986 and is based in Bhubaneswar, India.

Jumo World Limited

Series A in 2018
We’re building next-generation financial services technologies to empower emerging market entrepreneurs. We use advanced data science and machine learning to create the fastest and leanest financial services infrastructure. Our partners use our technology stack to offer savings, lending and insurance products to entrepreneurs in emerging markets.These next-generation products give anyone with a cell phone and mobile wallet access to unprecedented financial choice, enabling millions of people to prosper, build their businesses and drive economic growth.
With a versatile and highly skilled talent pool piloting the growth, and boosted by the strong brand name of the group, NSL Renewable Power Private Limited is one of the fastest growing and a independent renewable power company with interests in wind fams, Hydel power and Bio mass plants, the company follows a unparalleled buisness model in each of the verticals and thus evolved as a independent power producer, our panoptic skills encompas all aspects of implemention and operation.

Avaada Energy

Venture Round in 2019
Business and sustainability can go hand-in-hand. Their unique strategy interweaves business goals with environmental sustainability and social responsibility, producing mutually beneficial results. By contributing to community’s socio-economic development in the short-term, they foresee delivery of continual value to their shareholders. Through their community engagement initiatives, they are contributing to uplift the lifestyle of communities they work with.

IFMR Trust

Venture Round in 2016
IFMR Holdings is positioned as a financial inclusion platform and houses three businesses: IFMR Capital – a debt capital markets platform for 75 originators offering micro-loans, small business finance, affordable housing and commercial vehicles finance; IFMR Rural Finance – a technology licensor that developed the Kshetriya Gramin Financial Services (KGFS) model for remote rural markets

Rensource Inc

Venture Round in 2020
Rensource Inc offers subscription based solar power services to to consumers and small businesses. The company generates electricity using small solar-hybrid systems that are installed in the premises of the final customer. It offers different subscription plans which include Go, Eco, Duplo, and Pro based on energy requirements of the customer. Rensource Inc was founded in 2015 and is based in Lagos, Nigeria.

Enko Education

Series A in 2016
Enko Education Investments (PTY) LTD operates a network of private schools. The company was founded in 2013 and is based in Johannesburg, South Africa. It has additional offices in Cameroon, Mozambique, and Côte d’Ivoire.

Kingo

Convertible Note in 2016
Kingo Energy manufactures solar energy producing systems. The company was founded in 2013 and is headquartered in Guatemala City, Guatemala.

Global Credit Ratings

Venture Round in 2009
Global Credit Ratings is a provider of credit ratings. The company serves 400 customers across 20 countries and is the only rating agency to have a strong presence in multiple geographies across the continent.

Enda Tamweel

Corporate Round in 2018
Enda Tamweel is a microfinance company created in 2015 by the NGO Enda Inter-Arab. Enda Tamweel specializes in offering financial products and services; It will continue to collaborate with Enda Inter-Arab to offer its clients non-financial support services.

Solarise Africa

Series B in 2020
Solarise Africa is a pan African energy leasing company for solar PV and other energy assets focusing on Commercial and Industrial (C&I) clients. Its business model is designed for scalability. Solarise Africa focuses on providing smart financing through close collaboration with a selected group of partners across solar and other renewable energy technologies. For solar PV it is focusing on captive rooftop and ground mounted solar projects ranging from 100kW to 3MW. It is currently active in Kenya, looking to open in South Africa and has plans to expand into East, Southern and West Africa.

Esprit

Venture Round in 2012
Esprit provides education services in computer engineering, telecommunications engineering, civil engineering, electromechanical engineering, and management science. The company was founded in 2003 and is based in Douar Ghezala, Tunisia. As of November 25, 2020, Esprit operates as a subsidiary of Honoris Holding Limited.
Strides Pharma Science Limited is a global pharmaceutical company headquartered in Bangalore, India. The Company has two business verticals, viz., Regulated Markets and Emerging Markets. Strides has a global manufacturing footprint with eight manufacturing facilities spread across four continents, including five US FDA approved facilities and two facilities for the rest of world markets . The Company has a dedicated R&D facility in India with global filing capabilities and a strong footprint across 100 countries.

Azure Power

Post in 2017
Azure Power Global Limited, together with its subsidiaries, engages in the development, construction, ownership, operation, maintenance, and management of solar power plants in India. It generates solar energy based on long-term contracts with Indian government energy distribution companies, as well as other non-governmental energy distribution companies and commercial customers. As of March 31, 2020, the company operated 43 utility scale projects and various commercial rooftop projects with a combined rated capacity of 1,808 MW. Azure Power Global Limited was founded in 2008 and is based in New Delhi, India.

Voltalia SA

Post in 2016
Voltalia is a power producer and service provider in renewable electricity production from solar, wind, hydro and biomass energies (combining storage solutions). Voltalia has developed a strong expertise throughout the value chain of a renewable project: project development, project financing, EPC and operation & maintenance. The Group is active in 20 countries and is able to offer services to its clients worldwide. As of December 31, 2018, Voltalia has developed and sold more than 1.8 GW and built more than 1.3 GW. It operates more than 1 GW and owns more than 0.5 GW of consolidated installed capacity.

Enko Education

Series A in 2018
Enko Education Investments (PTY) LTD operates a network of private schools. The company was founded in 2013 and is based in Johannesburg, South Africa. It has additional offices in Cameroon, Mozambique, and Côte d’Ivoire.