
Proparco is France's development finance institution (DFI) and a subsidiary of the French Development Agency (AFD) Group, dedicated to financing and supporting the private sector in emerging and developing countries across Africa, Asia, Latin America, and the Middle East to advance the Sustainable Development Goals.
Deal activity increased 33% year-over-year (4 deals in the last 12 months). Average disclosed round size is $131.6M (across 58 rounds with reported amounts).
Portfolio
65
Fund Size
—
Top Stage
Unknown
Last 12 Mo
4
Team
EM
Edgar Martin
Principal - Private Equity
JL
Juan Luis Arango
Senior Investment Officer
SJ
Sahil Jain
Investment Officer
CM
Claudia Martinez Ochoa (Payan)
Head - Private Equity
MJ
Myriam Juster
Private Equity & VC
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
73 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| TTRANSGABONAIS | Unknown | $312M | Jul 2026 |
| AAverrhoa | Unknown | — | Jun 2026 |
| Series A | $5M | Feb 2026 | |
| HHDBank | Unknown | $721M | Jan 2026 |
| Series C | $200M | Oct 2025 | |
| Unknown | — | Feb 2025 | |
| HHSEG | Unknown | $50M | Jan 2025 |
| WWIOCC | Unknown | $65M | Jan 2025 |
| Unknown | $43M | Jan 2025 | |
| Unknown | $32M | Dec 2024 | |
| Series C | $200M | Oct 2024 | |
| Seed | $3.2M | May 2024 | |
| SSahyadri Farms | Series B | $46M | Jan 2024 |
| SSahyadri | Series B | $40M | Jan 2024 |
| RRaxio Group | Unknown | $46M | Oct 2023 |
| Seed | $5M | Sep 2023 | |
| JJOLIBA FUND | Unknown | — | Sep 2023 |
| Seed | $2.7M | Feb 2023 | |
| JJetstream Africa | Series A | $13M | Jan 2023 |
| Series B | $40M | Jan 2023 | |
| Series D | $103M | Jan 2023 | |
| AAlMouneer | Seed | $3.6M | Jan 2023 |
| AAfrikrea | Series A | $5M | Jan 2023 |
| RRaxio Data Centres | Growth | $170M | Jan 2023 |
| Series A | $13M | Jan 2023 |
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Top Co-Investors
International Finance Corporation34 shared
FMO27 shared
British International Investment13 shared
European Investment Bank11 shared
DEG7 shared
LeapFrog Investments6 shared
Korys6 shared
Novastar Ventures5 shared
Lightrock4 shared
Launch Africa Ventures4 shared
Globo Ventures3 shared
Visa Ventures3 shared
Google's Africa Investment Fund3 shared
Omidyar Network3 shared
Bpifrance2 shared
Wamda Capital2 shared
AfricInvest2 shared
Avid Ventures2 shared
Kepple Africa Ventures2 shared
LoftyInc Capital2 shared
Last updated: 7 October 2026