Friday
November 1
2024

AfricInvest and Proparco Provide Financing to African Eyewear Company

AfricInvest and Proparco together approved financing for Lapaire Glasses, an optical retail chain offering eyewear at a fair price in West and East Africa (Côte d’Ivoire, Benin, Togo, Mali, Burkina Faso and Uganda).

$2.5 million in financing will be made available from AfricInvest and €450,000 from Proparco, through its Bridge by Digital Africa facility.

Photo courtesy of Eyitayo Adekoya.

Source: Africa Private Equity News (link opens in a new window)

Categories
Investing
Tags
development finance, public health