With Turaco, Proparco Confirms Its Growing Interest In Ethiopia

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.