PROPARCO is the Investment and Promotions company for Economic Cooperation.
Created in 1977, PROPARCO is a Development Financial Institution partly held by Agence Française de Développement (AFD) and private shareholders from the North and South.
PROPARCO’s mission is to be a catalyst for private investment in developing countries which targets growth, sustainable development and reaching the Millennium Development Goals (MDGs).
PROPARCO finances operations which are economically viable, socially equitable, environmentally sustainable and financially profitable.
Its sectoral strategy is tailored to the level of a country’s development and focuses on the productive sector, financial systems, infrastructure and equity investment.
PROPARCO invests in a geographical area ranging from major emerging countries to the poorest countries, in particular in Africa, and has high-level requirements in terms of Social and Environmental Responsibility.
PROPARCO has a wide range of financial instruments to meet the specific needs of private investors in developing countries (loans, equity, guarantees and financial engineering).
PROPARCO has systematic impact measurement tools which are used to pre-select project financing and then throughout the project life.
PROPARCO has a team of 150 people, 10 regional offices and is supported by 50 AFD Group agencies worldwide. In 2009 PROPARCO granted €1,1 billion for over eighty projects in more than thirty countries.