• The enhanced cooperation agreement will streamline co-financing, improve efficiency, and expand private investment in the region.

WASHINGTON – IDB Invest and Proparco have strengthened their longstanding partnership through an Enhanced Cooperation Agreement designed to facilitate co-financing opportunities, mobilize additional private capital, and streamline transaction execution.

The enhanced cooperation establishes a framework that reduces duplication and improves coordination in jointly financed transactions, helping both institutions deploy capital more efficiently and expand support for private sector projects in Latin America and the Caribbean.

The agreement also supports IDB Invest’s Originate-to-Share business model, enabling greater participation by development finance institutions in transactions originated and structured by IDB Invest. By strengthening collaboration and leveraging institutional efficiencies, the partnership will help mobilize additional resources, extend IDB Invest’s financing capacity and expand private sector investment across the region.

About IDB Invest

IDB Invest, a member of the IDB Group, is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social, and environmental development in the region. With a portfolio of $22 billion in assets under management and more than 440 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries. Visit our website: www.idbinvest.org/en.

About Proparco

Proparco is France’s development finance institution dedicated to the private sector and part of the French Development Agency (AFD) Group. For over 50 years, it has supported sustainable economic, social, and environmental development across Africa, Asia, Latin America, Eurasia, and the Middle East, by financing companies and financial institutions in more than 115 countries. Its activities focus on key sectors including renewable energy, infrastructure, agribusiness, healthcare, and education. Proparco offers a range of financial solutions—loans, guarantees, and investments—as well as technical assistance through its Propulse program. Its subsidiary Digital Africa supports early-stage African tech startups. With 26 local offices worldwide, Proparco works closely with its partners to build a more just and sustainable world. More information: proparco.fr/en | LinkedIn: @Proparco