Paris · Growth
Find your way into Proparco
Investment thesis
Proparco finances and supports private-sector businesses and financial institutions in developing regions to strengthen their contribution to the UN Sustainable Development Goals. As the private-sector-focused arm of the AFD Group, it concentrates on three impact objectives and invests across sectors such as energy, climate, and financial services. Its interventions span 115 countries of intervention, with a focus on advancing economic transformation and impact financing in emerging markets.
Source: firm website, verified Aug 3, 2026.
What they invest in
from 23 of 25 portfolio companiesFintech ×9Impact & Social Good ×8AgTech ×6Climate Tech ×6Cleantech ×5Energy ×5Logistics & Supply Chain ×4B2B Marketplaces ×3
HQs:India×3Nigeria×3France×2Kenya×2United States×2Bangladesh×1
Investments · 25 tracked
founders shown can be your intro pathBy year:2026 · 22025 · 32024 · 42023 · 42022 · 12021 · 12020 · 12019 · 117 dated
AfricInvest Private Credit is a non-bank financial institution providing debt financing to small and medium enterprises across Africa.
AgTechFintechImpact & Social GoodParis, FR
Co-investorsBNP ParibasBpifranceEquitaneFMOAHL Venture Partners
Azure Power India develops, constructs, and operates large-scale renewable energy projects in India, specializing in solar generation with a focus on displacing global emissions.
CleantechClimate TechEnergyGurugram, IN
Co-investorsFoundation Capital
Orchidia is a pharmaceutical company that completed a third investment round in 2026 with strategic international investors including SPE Capital, Proparco, EBRD, and BIO.
BiotechHealthtechMedical DevicesCairo, EG
Dr. Ossama Abbas(Chairman)Dr. Karim Ossama(CEO)
Co-investorsEBRDSPE Capital Partners
ZIZ is a diversified electricity company based in Chad that develops, finances, builds, and operates hybrid power plants and urban metro-grids serving secondary cities of over 25,000 inhabitants.
CleantechClimate TechEnergy
Co-investorsFMOE3 Capital
ANKA is an e-commerce platform for African entrepreneurs to sell products and services worldwide, offering an online shop, cross-border payment collection (Mobile Money, Visa, Mastercard, bank transfer), and international shipping with customs management.
E-commerceFintechLogistics & Supply Chain
Co-investorsConsonance Investment ManagersRising Tide Africa (RTA)Saviu VenturesBpifranceIFCInternational Finance Corporation
Annapurna Finance is a financial services company offering loan services in India.
FintechImpact & Social GoodBhubaneswar, IN
Co-investorsAccionIncofin Investment ManagementOikocredit
Arc Waste Compactors manufactures waste and recycling equipment including self-contained, stationary, apartment, and vertical compactors, as well as cardboard balers for commercial, industrial, and institutional facilities.
Advanced ManufacturingCircular EconomyHardware
Co-investorsH.I.G. CapitalNorrsken22Novastar Ventures
Badili Kenya sells certified refurbished smartphones such as the Apple iPhone 11 and iPhone 11 Pro, each passing quality checks and backed by a 12-month warranty and 7-day replacement guarantee.
Circular EconomyConsumerE-commerceNairobi, KE
Keshu Dubey(Founder)
Co-investorsE3 CapitalIPVSOSVVenture Catalysts
BRAC invests in socially responsible enterprises focused on expanding access to education, healthcare, financial inclusion, and technology services.
AgTechEdTechFintechHealthtechImpact & Social GoodBangladesh, BD
Sir Fazle Hasan Abed(Founder)
Co-investorsCeniarthGlobal Partnerships
Complete Farmer operates a data-driven platform connecting farmers, buyers, and input vendors across African agriculture, with products for farm management (CF Grower), produce sourcing (CF Buyer), and an input marketplace (CF Storefront).
AgTechB2B MarketplacesFoodTechSan Francisco, GH
Desmond Koney(Executive Officer, Director)in
BoardAshwin Ravichandran(Director)Francis Owusu(Director)
Co-investorsAlitheia CapitalCeniarthGoodwell InvestmentsIngressive CapitalNewtown PartnersSahel Capital+3 more
Dolidol is a Moroccan company that manufactures and sells home goods or household products with services including free delivery, extended warranty up to 25 years, and customer support available 5 days a week.
Consumer
Co-investorsDevelopment Partners InternationalIFCInternational Finance Corporation
Pan-African eyewear brand expanding access to affordable eye care across 10 countries with 134+ stores.
Co-investorsAsia Africa Investment & Consulting (AAIC)Beyond Capital VenturesEQ2 VenturesSaviu VenturesAfricInvestFINCA Ventures
liwwa operates a peer-to-peer lending platform that connects retail investors with small and medium-sized enterprises seeking funding.
B2B MarketplacesFintechMarketplacesRego Park, US
Samer Atiani(Executive Officer, Director, Promoter)inAhmed Moor(Executive Officer, Director, Promoter)
Co-investorsDASH VenturesSilicon BadiaBank al EtihadFMOJordan Kuwait BankTriple Jump
Maad is a commerce infrastructure platform for consumer brands, manufacturers, and importers, combining market intelligence, field activation, owned logistics (warehouse and GPS-tracked fleet), consumer engagement, and financial services (retailer credit and incentives) into one integrated system.
AI & Machine LearningB2B MarketplacesLogistics & Supply Chain
Co-investorsOui CapitalReflect VenturesAlumni VenturesDFS LabVentures PlatformVoltron Capital
Logistics & Supply ChainMobility & TransportationLagos, NG
Chinedu Azodoh(Executive Officer, Director)inAdetayo Bamiduro(Executive Officer, Director)in
Co-investorsCapria VenturesTechstarsEndeavor CatalystGlobal VenturesNovastar VenturesTriple Jump
Moniepoint provides banking, payments, credit, and cross-border payment services along with business management tools for African businesses and individuals, with a focus on MSMEs.
Enterprise SoftwareFintechSaaS
Co-investorsCapria VenturesDevelopment Partners InternationalNew VoicesOui CapitalQED InvestorsInternational Finance Corporation+4 more
Nuru builds and operates solar-based mini-grids to provide electricity in the Democratic Republic of Congo, including a 1.3MW solar hybrid site in Goma described as the largest off-grid mini-grid in sub-Saharan Africa.
CleantechEnergyImpact & Social GoodGoma, CD
Archip Lobo(Founder)in
Co-investorsE3 CapitalInternational Finance Corporation
Proparco is a development finance institution that invests capital and mobilizes long-term financial resources to support sustainable and innovative solutions addressing social, environmental, and economic challenges, particularly in Africa and fragile countries.
AgTechClimate TechFintechImpact & Social Good
Co-investorsCirculate CapitalDigital Africa
Proximity Designs is a social business that develops and distributes agricultural technology, agronomy services, and climate adaptation solutions for rural smallholder farmers in Myanmar.
AgTechClimate TechImpact & Social GoodMyanmar, MM
Jim Taylor(Founder)inDebbie Aung Din(Founder)in
Co-investorsAutodesk Foundation
RenSource develops, finances and manages solar and hybrid energy systems for commercial and industrial businesses, including universities, hospitals and industrial facilities.
CleantechClimate TechEnergyLagos, NG
Ademola Adesina(Director, Promoter)Prince Ojeabulu(Chief Operating Officer)Baafour Out-Boateng(Director)James Eedes(Director)Luis A. Faria(Director)David Ladipo(Director)
Co-investorsAfrigreen Debt Impact FundCRE Venture CapitalEDP RenewablesOmidyar NetworkPlayfair Capital
Life Ride offers non-emergency medical transportation with door-to-door assistance for people with mobility challenges, including wheelchair users and those recovering from injury.
HealthtechLogistics & Supply ChainMobility & TransportationLivingston, US
Co-investorsKli CapitalBritish International InvestmentInternational Finance CorporationMirovaNorrsken22Novastar Ventures
Reinvents credit access for small businesses in emerging markets.
Co-investorsNairobi Business Angel NetworkSaviu VenturesDigital Africa
Sahyadri Farms grows and processes fruits, vegetables, and value-added products including fresh produce, dried fruits, juices, and bioactive ingredients.
Advanced ManufacturingAgTechCircular EconomyFoodTechImpact & Social GoodNashik, IN
Vilas Shinde(Founder)in
Solarise Africa provides integrated renewable energy solutions and financing for commercial and industrial businesses in Africa, combining solar installation, energy optimization, and Energy-as-a-Service offerings.
CleantechClimate TechEnergyFintechImpact & Social Good
Jan Albert Valk(Co-Founder & CEO)inSakkie van Wijk(Co-Founder & COO)in
Co-investorsE3 CapitalOikocredit
Workpay provides HR, payroll, compliance, and benefits administration services for businesses with remote and local teams across Africa.
Enterprise SoftwareFintechHR TechSaaSNairobi, KE
Paul Kimani(Founder)inJackson Kibigo Kungu(Founder)inEdwin Njuguna Mwangi(Executive Officer)David Maina Kariuki(Executive Officer)
BoardNgetha Waithaka(Director)inRyosuke Yamawaki(Director)in
Co-investorsY CombinatorAcadian Ventures Management, LlcNorrsken22P1 VenturesSaviu VenturesVKAV (Verod-Kepple Africa Ventures)+2 more
Portfolio news
latest coverage across their companies
Ride · disruptafrica.com · Sep 9, 2026
Arc · inforcapital.com · Sep 8, 2026
Metro Africa Xpress · empowerafrica.com · Aug 17, 2026
Proparco · billionaires.africa · Aug 12, 2026
Moniepoint · thesaasnews.com · Jul 28, 2026
Sahyadri Farms · b2b.economictimes.indiatimes.com · Sep 25, 2025
Solarise Africa · weetracker.com · Aug 4, 2025
Frequently asked questions
- How many investments has Proparco made?
- Proparco has 25 tracked investments, including 7 dated in the last 24 months.
- What stage does Proparco invest at?
- Proparco invests at the Growth stage.
- What sectors does Proparco focus on?
- Proparco focuses on Climate Tech, EdTech, Energy, Fintech, Healthtech, Impact & Social Good, Sector Agnostic.
- Where is Proparco located?
- Proparco is headquartered in Paris, FR.
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