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Proparco

A collection of 2 posts

Coronation Merchant Bank secures $20M Trade Finance Guarantee Facility from Proparco

Coronation Merchant Bank secures $20M Trade Finance Guarantee Facility from Proparco

Africa’s premier investment bank, Coronation Merchant Bank (CMB) has secured $20 million Trade Finance Guarantee Facility from Development Finance institution, Proparco to enable partnerships with correspondent banks, thereby increasing access to trade finance in Nigeria. The Nigeria-based bank was founded in 1993 as Associated Discount House Limited (ADHL) and

GOMYCODE, Tunisia’s Edtech Startup Nabs $8M Series A Round to Scale across MEA Region

GOMYCODE, Tunisia’s Edtech Startup Nabs $8M Series A Round to Scale across MEA Region

GOMYCODE, a Tunisian-based edtech startup, said today that it had raised $8 million in an early-growth round led by AfricInvest and Proparco. Wamda Capital, a returning investor, also doubled down on its seed round investment in the digital learning platform. After raising $850,000 in venture funding in October 2020,