Proparco is a Paris-based organization established in 1977 that specializes in providing private sector funding for sustainable development initiatives. It focuses on financing and supporting companies and financial institutions across Africa, Asia, Latin America, and the Middle East. Proparco targets key development sectors, including infrastructure—especially renewable energy—agriculture, financial institutions, health, and education. The organization aims to enhance the role of private entities in achieving the Sustainable Development Goals (SDGs) established by the international community in 2015. By financing projects that create jobs, provide essential goods and services, and combat climate change, Proparco contributes to sustainable economic growth and development. Its financing solutions include loans, guarantees, equity, and quasi-equity options tailored to the needs of the private sector.
Senior Investment Officer - Equity / Venture Capital
Gregor Quiniou
Principal
Past deals in COMESA
DRU
Seed Round in 2023
DRU is a pioneering digital health platform based in the Middle East and Africa (MEA), focusing on diabetes and lifestyle management. Launched in 2023, DRU is the first patient-centric, digitally-enabled platform of its kind in the region. It aids in the prevention and management of diabetes, prediabetes, and obesity by providing users with a comprehensive, all-in-one app to monitor and track their health. Key features include continuous blood sugar and blood pressure level tracking, a digital logbook for medical records, and integration with various monitoring devices. DRU also offers round-the-clock medical support and connects users with a wide network of specialized healthcare providers. The platform is available for download on the Apple Store and Google Play, serving millions of users across Egypt and the MEA region. DRU was founded by Almouneer, a leading digital transformation platform revolutionizing healthcare in the MEA.
Nuru
Series B in 2023
Nuru is a company focused on improving energy access and connectivity in the Democratic Republic of Congo. Founded in 2015 and headquartered in Goma, the company has made significant strides in renewable energy by deploying the country's first solar-based mini-grid in 2017. Nuru is currently constructing a 1.3MW solar hybrid site in Goma, which will be the largest off-grid mini-grid in sub-Saharan Africa. The company specializes in solar energy and storage micro-grid solutions, providing affordable and reliable energy to commercial and industrial users through innovative practices in solar microgrid development.
Nuru
Convertible Note in 2023
Nuru is a company focused on improving energy access and connectivity in the Democratic Republic of Congo. Founded in 2015 and headquartered in Goma, the company has made significant strides in renewable energy by deploying the country's first solar-based mini-grid in 2017. Nuru is currently constructing a 1.3MW solar hybrid site in Goma, which will be the largest off-grid mini-grid in sub-Saharan Africa. The company specializes in solar energy and storage micro-grid solutions, providing affordable and reliable energy to commercial and industrial users through innovative practices in solar microgrid development.
Maris Africa
Venture Round in 2022
Maris Africa is an investment holding company based in Grand Baie, Mauritius, focused on fostering sustainable, long-term growth across various sectors in Africa. The company specializes in investing in early-stage and startup small and medium enterprises (SMEs), particularly in property services, business services, mining, and agriculture and forestry. Maris Africa aims to develop its portfolio companies into scalable and cash-generating businesses, emphasizing active community engagement and proactive management of environmental, social, and governance (ESG) risks. Through its strategic investments, Maris Africa seeks to contribute positively to the economic landscape while ensuring responsible business practices.
BCP Bank
Debt Financing in 2021
BCP Bank (Mauritius) Ltd, established in 2003 and headquartered in Ebene, Mauritius, is a comprehensive commercial bank offering a wide range of financial services. It provides retail banking, including savings and current accounts, fixed deposits, and personal loans, as well as corporate banking services such as trade finance, syndicated loans, and treasury management. Additionally, it offers insurance products, foreign exchange services, and private banking. The bank operates through six branches and serves individuals, small and medium-sized enterprises, corporates, and international businesses. It is a subsidiary of Banque Centrale Populaire and Groupe Sipromad SA.
Nuru
Venture Round in 2021
Nuru is a company focused on improving energy access and connectivity in the Democratic Republic of Congo. Founded in 2015 and headquartered in Goma, the company has made significant strides in renewable energy by deploying the country's first solar-based mini-grid in 2017. Nuru is currently constructing a 1.3MW solar hybrid site in Goma, which will be the largest off-grid mini-grid in sub-Saharan Africa. The company specializes in solar energy and storage micro-grid solutions, providing affordable and reliable energy to commercial and industrial users through innovative practices in solar microgrid development.
Solarise Africa
Series B in 2020
Solarise Africa is a pan-African Energy-as-a-Service company headquartered in Nairobi, Kenya, specializing in financial leasing services for solar and other energy assets aimed primarily at Commercial and Industrial clients. The company provides reliable and affordable decentralized energy solutions, collaborating closely with a selected group of renewable energy solution providers to create tailor-made financial options. By offering upfront investment and manageable payment plans, Solarise Africa enables businesses to deploy clean energy systems that lower their carbon footprint, reduce costs, and enhance productivity. This approach not only supports the growth of their partners but also contributes to the broader progress of energy access and sustainability across Africa.
Enda Tamweel
Corporate Round in 2018
Enda Tamweel SA is a microfinance company established in 2015 in Tunis, Tunisia, by the NGO Enda Inter-Arab. The company focuses on providing financial and non-financial services aimed at micro-entrepreneurs, particularly marginalized households, including women and youth. Its financial offerings include various micro-credits tailored for agricultural and non-agricultural projects, as well as a creation pack designed to support young entrepreneurs. Additionally, Enda Tamweel provides digital services such as M-dinar for mobile payment transactions and the La Carte Mobitamweel prepaid card. Beyond financial products, the company offers non-financial support services that encompass training, marketing assistance, and awareness programs for children, alongside microinsurance options. Through these comprehensive services, Enda Tamweel aims to enhance the living conditions of its clients and foster an entrepreneurial culture.
ESPRIT
Venture Round in 2012
Esprit is an engineering school located in Douar Ghezala, Tunisia, founded in 2003 as an alternative to public educational institutions. It offers a range of academic programs in computer engineering, telecommunications engineering, civil engineering, electromechanical engineering, and management science. The school emphasizes higher education that integrates concepts across various disciplines, equipping students with the necessary skills to effectively use technology and achieve their professional goals. Additionally, Esprit focuses on strengthening leadership and team-building abilities among its students, preparing them for successful careers in their respective fields. As of late 2020, Esprit operates as a subsidiary of Honoris Holding Limited.
Maris Africa
Venture Round in 2010
Maris Africa is an investment holding company based in Grand Baie, Mauritius, focused on fostering sustainable, long-term growth across various sectors in Africa. The company specializes in investing in early-stage and startup small and medium enterprises (SMEs), particularly in property services, business services, mining, and agriculture and forestry. Maris Africa aims to develop its portfolio companies into scalable and cash-generating businesses, emphasizing active community engagement and proactive management of environmental, social, and governance (ESG) risks. Through its strategic investments, Maris Africa seeks to contribute positively to the economic landscape while ensuring responsible business practices.
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