• H.R.H. Prince Philip visits Grand Place Vietnam during an economic mission

  • 27.03.2012
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    On 22 March, 2012, a delegation lead by Prince Philip was welcomed by the Grand Place’s founder and President, Gricha Safarian. At this occasion, a Memorandum of Understanding was signed with Puratos Group, confirming both parties’ intention to join forces in Vietnam. Under this agreement, approximately USD 10 million will be invested to expand the current chocolate capacity and the collection, fermentation and processing station for single origin cocoa beans in Vietnam.

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  • Reactie RvB van BIO op het artikel gepubliceerd op 28 februari in de krant Le Soir

  • 28.02.2012
  • BIO is ervan overtuigd dat haar operaties een aanzienlijk positieve impact hebben op de ontwikkeling van het lokale economisch weefsel in ontwikkelingslanden en op de verbetering van de leefomstandigheden van de plaatselijke bevolking

  • Addax Bioenergy Ground breaking Ceremony

  • 16.11.2011
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    Under the financing agreement, the African Development Bank (AfDB), the Emerging Africa Infrastructure Fund (EAIF), the Netherlands Development Finance Company (FMO), the German Development Finance Institution (DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH), the South African Industrial Development Corporation (IDC), the Belgian Development Bank (BIO), together with Cordiant managed ICF Debt Pool, are providing debt financing of €133 million. The Swedish Development Fund (Swedfund) and FMO are to join AOG as equity partners. The total size of the investment is estimated at €267 million. The financial close and first draw down of loans and equity is expected to take place in November 2011. Addax Bioenergy S.A. (“Addax Bioenergy”), a subsidiary of the Addax and Oryx Group (AOG), today hosted the ground breaking ceremony for its energy and agriculture project near Makeni, in Sierra Leone (the “Project”).

  • New Report Finds International Finance Institutions Critical for Job Creation in Emerging Markets

  • 23.09.2011
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    A new report finds that international finance institutions play a key role in catalyzing job creation and growth through the private sector in emerging markets, particularly as governments face increased pressure on public resources.The report, International Finance Institutions and Development through the Private Sector, was launched during the World Bank-IMF Annual Meetings. It was produced by 31 international finance institutions (IFIs). The private sector is recognized as a critical stakeholder and partner in economic development, a provider of income, jobs, goods, and services to enhance people's lives and help them escape poverty. Multilateral development banks and bilateral development finance institutions (together in this report called International Finance Institutions, or IFIs) play a significant role in supporting the private sector in developing countries. They provide critical capital, knowledge and partnerships, help manage risks, and catalyze the participation of others. They support the kind of entrepreneurial initiatives that help developing countries achieve sustainable economic growth.