Proparco
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.
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Past deals in Mali
Lapaire Glasses
Debt Financing in 2024
Lapaire Glasses manufactures and sells eyewear and provides eye-care services across Africa, offering prescription eyeglasses, sunglasses and fashion eyewear with lenses and tailored testing. Using technology, it provides free vision tests and affordable eyewear to lower- and middle-income populations through online orders, mobile clinics, free delivery and flexible payment options. The company serves customers in Kenya, Uganda, Ivory Coast, Burkina Faso and Mali, with East African and West African operations headquartered in Nairobi and Abidjan respectively. Founded in 2018 in Nairobi, Lapaire aims to improve access to eye health for millions of Africans who need eyeglasses but cannot afford them.
Sonatel
Debt Financing in 2024
Sonatel SA, headquartered in Dakar, Senegal, is a leading telecommunications provider in West Africa, offering a wide range of services including fixed line, mobile, Internet, television, voice, and mobile money to both individuals and businesses. Established in 1985, Sonatel operates in Senegal and has expanded its reach to Mali, Guinea Bissau, Guinea, and Sierra Leone. The company has developed a modern, fully digitized network supported by high-speed optical fiber submarine cables, boasting one of Africa's largest Internet bandwidths at 6.5 Gbps. Through its Orange brand, Sonatel facilitates the convergence of mobile, Internet, and television technologies, playing a crucial role in the economic development of Senegal and positioning the country as a telecommunications hub in the region.
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