Communiqués de presse

  • BIO announces first direct SME investment in Peru

  • 20.09.2010
  • An USD 1.5 million loan to Fundo Fangelica, an asparagus farm. BIO has committed USD 1.5 million to set up Fundo Fangelica (FF), a green asparagus production farm in the desert of Peru at Pisco Valley, 200 km south of Lima, producing both organic and conventional asparagus for the export market. This is BIO’s first direct SME investment in Peru, a partner country of the Belgian Development Cooperation. The project is expected to achieve a considerable impact on the local community in terms of job creation, know-how transfer and social conditions.

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  • BIO boosts investments in Cambodia

  • 29.07.2010
  • Microfinance helping rural economy. BIO recently supplied Prasac and Sathapana, two leading microfinance institutions (MFI) in Cambodia, with new loan facilities amounting to USD 4 million each. Both are well-established institutions in the country and play an essential role in providing financial services to the rural economy. These investments will consolidate BIO’s role in supporting the microfinance sector, which has proven to be a key sector in the economy of Cambodia, one of the poorest countries in South East Asia.

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  • BIO confirms pledge for renewable energies/clean development

  • 07.07.2010
  • A USD 5 million equity investment in the Mekong Brahmaputra Clean Development Fund (MBCDF). BIO has committed USD 5 million to the first Asian regional fund dedicated to investing in renewable energy, water and waste management in South East Asia. The fund is managed by Dragon Capital, a well-known asset manager in the region. With this second investment in renewable energy/clean development in Asia, BIO confirms its pledge to provide support to developing and emerging countries in their fight against climate change.

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  • Development banks FMO and BIO join forces in infrastructure sector

  • 23.04.2010
  • Earlier this week FMO (the Netherlands Development Finance Company) and BIO (Belgian Investment Company for Developing Countries) signed a Risk Sharing Agreement to start cooperating and jointly finance infrastructure transactions. BIO, a relatively young development finance institution, wishes to expand its business into the financing of infrastructure transactions in developing countries. FMO has extensive experience in that sector, amongst others via its Infrastructure Development Fund, which was recently renewed with an additional EUR 70 million from the Dutch government. BIO has allocated an initial amount of EUR 45 mln to infrastructure transactions that will be financed through this cooperation, FMO allocates a similar amount.

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  • BIO commits EUR 6 million to Asian Renewable Energy Fund

  • 14.12.2009
  • BIO has committed EUR 6 million to Renewable Energy Asia Fund (“REAF”), managed by Berkeley Energy. REAF aims at renewable energy infrastructure investments in Asia. It will be BIO’s first operation in this sector in Asia, and is completely in line with the company’s strategy to provide a priority support to developing and emerging countries in their fight against climate change.

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