Proparco

Proparco From Wikipedia, the free encyclopedia Jump to navigationJump to search Proparco Proparco logo.svg Type 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 Parent French Development Agency Edit this on Wikidata Website www.proparco.fr Proparco is a Development Financial Institution partly owned by the French Development Agency (AFD) and private shareholders from the developed countries and developing nations. 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] Contents 1 Impacts in 2016 2 Shareholders 3 See also 4 References 5 External links 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 Rank Name of Owner Percentage Ownership 1 Agence française de développement 64.2 2 French Financial Institutions 21.7 3 International Financial Organisations 11.8 4 French Companies 1.7 5 Investment funds & Foundations 0.6 Total 100.00 French Financial Institutions include BNP Paribas BCPE IOM CDC Entreprises Elan PME (BpiFrance) Crédit Agricole Société Générale International Financial Organizations include Aga Khan Fund for Economic Development (AKFED) Banque Marocaine du Commerce Extérieur (BMCE) Bank of Africa Group (BOA Group) Banque Ouest Africaine de Développement (BOAD) Corporación Andina de Fomento (CAF) Development Bank of Southern Africa (DBSA) German Investment Corporation (DEG) French companies include Bouygues Bolloré Africa Logistics Saur International Socotec international SOMDIAA SIPH ENGIE Investment Funds & Foundations include Jean-Pierre Godon Amundi AFD Avenirs Durables Natixis Solidaire See also German Investment Corporation Danish International Development Agency French Development Agency Netherlands Development Finance Company