Key facts
- Implementing Partner:
Proparco
- Guarantee volume:
Up to €19 million
- Global Gateway areas of partnership:
Multisectoral
- Sectors:
Private sector development
- Geographical focus:
Sub-Saharan Africa, Latin America and the Caribbean
- Type of support provided:
Financing, Technical assistance
- Types of investments:
Secondary equity stakes in private equity funds
- Investment period:
Open for investments until October 2026
- Technical assistance:
up to €1 million
Description
The LAF will take European commercial investors into new markets in Sub-Saharan Africa and Latin America/ Caribbean, and thus bolster the EU market presence in these regions. The raised capital will be used to purchase equity stakes in private equity funds that will accelerate the digital transformation in Latin America and the Caribbean and promote investments, economic opportunities, and entrepreneurship in Sub-Saharan Africa.
The programme focusing on innovative start-ups, SMEs and corporations. It will also help young businesses and entrepreneurs in Africa, especially women, to launch, consolidate and grow sustainable, strong and inclusive businesses and create decent jobs.
How can businesses and investors get involved?
If you are an investor looking to invest in a global fund supporting MSMEs and employment in emerging markets, we recommend getting in touch directly with Proparco.
Contact: proparco
proparco [dot] fr (proparco[at]proparco[dot]fr)
About Proparco
Proparco is the private sector financing arm of Agence Française de Développement Group (AFD Group). It has been promoting sustainable economic, social and environmental development for over 45 years. Proparco provides funding and support to both businesses and financial institutions in Africa, Asia, Latin America and the Middle-East. Its action focuses on the key development sectors: infrastructure, mainly for renewable energies, agribusiness, financial institutions, health and education.