Prosperete Growth Fund
Prosperete Growth Fund
Last update: 5 days ago
Last update: 5 days ago
Prosperete Growth Fund
Last update: Oct 29, 2026

Details

Location:
India, Mauritius
India, Mauritius
Status:
Approval
Sectors:
Energy, Environment & Climate, Transport
Languages:
English
Eligibility:
Unknown
Budget:
USD 220,000,000
Date posted:
Oct 29, 2026

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Associated Awards

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Project cycle timeline

STAGES
EARLY INTELLIGENCE
PROCUREMENT
IMPLEMENTATION
Cancelled
Status
Programming
Formulation
Approval
Forecast
Open
Closed
Shortlisted
Awarded
Evaluation
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Description

Prosperete Growth Fund Status: Approved Date approved: 28 Oct 2026 ESS Category: Intermediation 2 Financing: Private sector Entity: International Finance Corporation Countries: India; Mauritius Regions: Asia and the Pacific; Africa Priority groups: Africa
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tender Background

About the Funding Agency

Green Climate Fund

The Green Climate Fund was designated as an operating entity of the financial mechanism of the UNFCCC, in accordance with Article 11 of the Convention. Arrangements will be concluded between the Conference of the Parties (COP) and the Fund to ensure that it is accountable to, and functions under the guidance of, the COP.


About the Sectors

Energy

Involves the production, transformation, transportation, and distribution of energy from renewable and non-renewable sources.


Key areas:
  • Renewable and non-renewable energy production
  • Energy infrastructure and distribution systems
  • Power generation and energy supply solutions

Environment & Climate

Focuses on protecting natural ecosystems, promoting sustainable resource management, enhancing climate resilience, and mitigating the impacts of climate change through conservation, adaptation, and low-carbon initiatives.


Key areas:
  • Environmental protection and conservation
  • Natural resource and ecosystem management
  • Climate change and environmental resilience

Locations

India

India has been expanding transport (roads, railways, ports), energy (renewables and grid modernisation) and digital infrastructure to support rapid urbanisation, industrial growth and integration into global value chains. Through flagship initiatives such as the National Infrastructure Pipeline and PM Gati Shakti Master Plan, the government aims to reduce logistics costs, boost manufacturing competitiveness, and improve connectivity across regions. Public capital expenditure has risen sharply, with increased emphasis on public–private partnerships and climate-aligned investments, while mobilising financing through innovative funds and investor incentives. Key challenges include managing fiscal sustainability, improving project implementation efficiency and reinforcing institutional governance to attract long-term private capital at scale.

Nr. of tenders: 49508
Nr. of grants: 4596
Nr. of donors: 1238
Nr. of jobs: 367

Mauritius

Mauritius maintains one of Africa’s strongest institutional and infrastructure environments, supporting its diversified economy across services, tourism, finance and manufacturing. Continued investment in transport modernisation, digital infrastructure and renewable energy underpins its ambition to remain a regional business and logistics hub. While infrastructure quality is comparatively high, policy focus increasingly centres on innovation, climate resilience and smart urban development to sustain competitiveness and inclusive growth.

Nr. of tenders: 6928
Nr. of grants: 2967
Nr. of donors: 608
Nr. of jobs: 24
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