This article was produced with the support of Ecobank
Proparco and Ecobank Group have entered a new phase of cooperation designed to accelerate financing for Africa’s agricultural value chains and expand access to capital for women entrepreneurs.
The agreement, signed during the Africa Forward Summit co-hosted by France and Kenya in Nairobi on 11–12 May, marks a renewed commitment by the two institutions to strengthen the continent’s private sector through targeted and scalable financial solutions.
Under a new Memorandum of Understanding, the partners aim to mobilise up to EUR 300 million over three years. The financing will be directed across agricultural production, processing and trade, addressing persistent structural gaps that continue to constrain the sector’s growth.
A further commitment letter was also signed to support Ecobank’s Ellevate initiative, which is focused on strengthening women-led businesses in Côte d’Ivoire, Ghana and Kenya through capacity building and training programmes.
