PROPARCO

PROPARCO
Private
Industry Development Finance
Founded 1977
Headquarters Paris, France
Key people
 Rémy Rioux
Chairman
Gregory Clemente
Chief Executive Officer
Products Feasibility Studies, Equity Financing, Advisory Services, Loans, Consulting
Website Homepage

PROPARCO is a Development Financial Institution partly owned by French Development Agency (AFD) and private shareholders from the developed countries and developing nations, according to its website. PROPARCO promotes private investment in Africa, Asia, Latin America, and the Middle East to reach the Sustainable Development Goals (SDGs). PROPARCO finances operations which are economically viable, financially profitable, environmentally sustainable and socially equitable.[1] As of 2016, its shareholders' capital exceeded €693 million (US$773 million).[2]

Impacts in 2016

In 2016, the projects supported by Proparco contributed to[3]

  • the creation or maintaining of 142 000 jobs directly and 732 000 indirectly
  • the production of 802 Gigawatts/hour (GWh) of renewable energy
  • 6000 students receiving high quality services in financed establishments
  • 406 M€ of value added in the countries of intervention through salaries and benefits

Shareholders

The shareholding in PROPARCO is as depicted in the table below:[4]

Shareholding In PROPARCO
RankName of OwnerPercentage Ownership
1Agence française de développement64.2
2French Financial Institutions21.7
3International Financial Organisations11.8
4French Companies1.7
5Investment funds & Foundations0.6
Total100.00
French Financial Institutions include
International Financial Organizations include
French companies include
Investment Funds & Foundations include

See also

References

  1. ↑ About PROPARCO
  2. ↑
  3. ↑
  4. ↑ Shareholding In PROPARCO
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