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Proparco and Ecobank Sign $10 Million Agreement to Support SMEs in the Democratic Republic of Congo

Nov 07, 2026

Contract Type

agreement

LuandaFinancial ServicesLending

Description

Proparco and Ecobank Group have entered into a $10 million portfolio guarantee agreement aimed at enhancing financing access for SMEs in the Democratic Republic of Congo. The agreement focuses on supporting women-led and youth-driven enterprises as part of Proparco's Impact+ initiative, endorsed by the European Union.

Company Information

Company

Proparco

Location

Luanda, Luanda Province, Angola

About

Proparco is a French development finance institution dedicated to supporting the private sector in Africa. It aims to foster the growth of businesses and create jobs through financial and technical assistance. The organization is an important player in advancing sustainable economic development across the continent.

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Proparco signed a new agreement. Fundz surfaces partnerships and contracts as they are announced.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.