In Africa, the French Proparco is (finally) ready to take a little more risk – Jeune Afrique

Appointed Chief Executive Officer in March 2022 replacing Gregory Clemente, Francoise Lombard was not tasked with revolutionize Proparco, the subsidiary of the French Development Agency (AFD) assigned to the private sector. But its promotion nevertheless reflects the desire to drive a change of course.

For seven years, his predecessor worked hard to swell the workforce, from 150 To more than 400 employees, including 100 in the field. Above all, it more than doubled Proparco’s annual commitments, which reached 2.3 billion euros in 2022 – around half of which is devoted to the continent.

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