News

  • Story - Luuk Zonneveld

  • 08.11.2017
  • Why am I CEO of BIO?

    I first set foot on African soil over 30 years ago, at the estuary of the Nile. Bored with my own world, I was intent on discovering a new one – and trying to make a living while doing so by sending my writings to newspapers and weeklies in the Netherlands. Using boats, trains, buses and horse carts, I wrote a travel-series about my trip along the majestic Nile, from its delta in Alexandria down to its sources in volcanic central Africa. I dispatched articles about Egypt’s unequal economic development, the civil war in Sudan, the proxy war between Ethiopia and Somalia, and about the scourge of leprosy. My articles were well-received by a “developed world” eager to find out about what was really going on in Africa, at a time when fax, internet and smartphone were still  unthought-of . And on my end, I was immensely enjoying myself.Until one day, in a village on the shores of Lake Tanganyika, completely isolated by the surrounding jungle, I came upon an elderly man serenely sitting under the village square mango tree. He greeted me, stretching out his arms, and said “Karibu, welcome. What have you come to do here?”His simple question left me speechless.

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  • Signed - VenturEast Proactive Fund II

  • 06.11.2017
  • A USD 5 M equity investment into an SME Fund with a specific focus on D4D. Read more.

  • Signed - Montecristi

  • 03.11.2017
  • A USD 15 M loan to a 58MWp Photovoltaic Solar Plant in Monte Cristi in the Dominican Republic.Read more

  • Signed - Coperativo Pacifico

  • 30.10.2017
  • A USD 10 M loan to a Peruvian Saving & Loan Cooperative. Read more.

  • Signed - Beyond The Grid Solar Fund

  • 27.10.2017
  • A USD 5 M loan to an Investment company focussed on solar companies (mainly across Sub-Saharan Africa).Read more

  • Signed - Puratos Grand Place Vietnam

  • 25.10.2017
  • A USD 1.5 M follow-on loan to a cocoa processing company in Vietnam. Read more.

  • Energy Mix in a Solar Time - French Article

  • 03.10.2017
  • In the Jeune Afrique issue of the first week of October, an article discussing the current energy mix in Senegal appeared. The article describes the most recent (solar) developments in the country, focussing on 3 projects: Senergy 1 & 2 and Ten Merina Ndhakar, 2 of which are supported by BIO. The original article in French can be downloaded below.

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  • Annual Report 2016

  • 10.08.2017
  • The 2016 Annual Report is now available. You can read the full report online here or download the pdf on the link below.

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  • A social and local enterprise - French article

  • 06.06.2017
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    Laiterie du Berger

    Pourquoi importer du lait en poudre de l’étranger alors que du lait frais est produit dans le pays ? C’est ce constat qui a poussé Bagoré Bathily à lancer La Laiterie du Berger, entreprise de laiterie sénégalaise. Grâce à son dynamisme et au soutien d’investisseurs, la société se développe de jour en jour. Les explications du fondateur.

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  • BIO is Carbon Neutral

  • 09.05.2017
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    An independented consultant made a carbon assessment of BIO over 2015, which amounted to 856 tonnes of GHG emissions. These were fully offset through the support of a cooking stoves project in Uganda, earning BIO a Carbon Neutral Certificate for 2015.

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