Proparco

Proparco commits $15m to Lightrock’s Latam impact fund

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Proparco Lightrock

French development finance institution Proparco has committed $15 million to Lightrock Latam Fund II, expanding its exposure to climate and impact-focused companies in Latin America. The commitment brings Proparco’s total exposure with Lightrock to $25 million, including a previously announced $10 million co-investment in ComBio, a Brazilian renewable thermal energy company, the firms said in … Read more

Proparco, Atlantic Group sign MoU to support African private-sector projects

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Proparco Atlantic Group

French development finance institution Proparco has signed a memorandum of understanding with pan-African conglomerate Atlantic Group to explore financing and operational support for projects spanning financial services, agribusiness, cement and mining across Africa. The agreement, signed during the Africa Forward Summit in Nairobi on May 11-12, sets a framework for a long-term partnership between Proparco, … Read more

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