in Short
SMEs : Proparco invests $10.5 million in AfricInvest fund
Proparco has committed $10.5 million to the latest AfricInvest fund, aimed at supporting SMEs across Africa. The fund will focus on economic growth, job creation, and sustainable practices, with a focus on gender equality and climate impact. Targeting SMEs in North, East, and West Africa in sectors like education, health, and agro-industry, it aligns with Proparco’s 2023-2027 strategy for inclusive growth. The fund is also eligible for the 2X Challenge.