With Turaco, Proparco confirms its growing interest in Ethiopia

With Turaco, Proparco confirms its growing interest in Ethiopia

Alongside its prospecting in the manufacturing, telecommunications and renewable energy sectors in Ethiopia, the French agency has opted to provide financial support to a consumer goods holding company.

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            ▪ With Turaco, Proparco confirms its growing interest in Ethiopia

▪ Alongside its prospecting in the manufacturing, telecommunications and renewable energy sectors in Ethiopia, the French agency has opted to provide financial support to a consumer goods holding company.

https://www.jeuneafriquebusinessplus.com/en/804702/avec-turaco-proparco-confirme-son-interet-croissant-pour-lethiopie/

15/06/2020 at 17h27, by Jeune Afrique Business+

Based on our sources, Proparco’s first quasi-equity transaction – a combination of equity and mezzanine debt – was carried out by Geoffrey Coombs and Guillaume Laurioz, two in-house staff members from the organisation’s Private Equity/Africa and Middle East divisions. The duo was supervised by Jean-Benoît du Chalard, Regional Head for East Africa at the institution headquartered in Paris.

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