News

  • Visit to Senegal

  • 28.02.2018
  • The Belgian Prime Minister, Charles Michel, together with Deputy Prime Minister and Minister of Development Cooperation Alexander De Croo and BIO CEO Luuk Zonneveld went on a three-day working visit to Senegal, amongst others in the framework of #shedecides. Included in the busy schedule was a visit to Ten Merina,  a Photovoltaic Plant which received a €16M loan from BIO.

  • Story - Alix Besa

  • 13.02.2018
  • You need to give before you can get

    My name is Alix Besa. I was born and raised in Lubumbashi and went to primary & secondary school and university here. After university I started working for a bank, but I changed jobs after three years and now I’m working here, at the reception of CMC. What I like about my job is the contact with the people. I’ve always been comfortable around people, and I try to deal with them personally, rather than professionally. When referring people to the doctor they need to see, if often find myself wanting to follow them to make sure they get to where they need to, to make sure everything is fine. That’s one of the reasons why, whereas my colleagues leave for lunch, I like to stay behind during my lunch break. When you come to the hospital between noon and 2PM, you need to go to the Emergencies ward. But if you arrive at the reception, and there’s no one to tell you this, it’s confusing!

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  • BIO Grievance Mechanism

  • 13.02.2018
  • BIO’s Grievance Mechanism is based on a contact form on BIO’s website which enables any legitimately questionable situations in a project to be reported to BIO, in a simple and efficient way. The grounds on which a complaint could be submitted encompass two main categories: environment and social adverse effects on the one hand, and governance and business integrity issues on the other hand. Admissibility criteria for complainants and eligibility criteria for grievances were defined to prevent any abusive use of the mechanism. The management of BIO’s Grievance Mechanism is assigned to BIO’s Internal Audit function, notably for the purpose of securing independence and impartiality. For further details, we invite you to consult our website.

  • Visit to Ghana

  • 09.02.2018
  • Mathilde, Queen of Belgium and Deputy Prime Minister and Minister of Development Cooperation Alexander De Croo went on a three-day working visit to Ghana, with the objective to bring attention to the UN’s Sustainable Development Goals, with a specific focus on gender equality and female empowerment.

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  • BIO STORYletter

  • 19.01.2018
  • In our monthly STORYletter, we feature a Story of someone somehow linked to BIO - as a farmer, a small-scale businesswoman, a credit officer, a fund manager, an employee, a shareholder, or in yet another way. We share their Stories with you because they convey what BIO is trying to achieve as an impact investor.Subscribe now!

  • Story - Jérémie Lubiba

  • 19.01.2018
  • An accidental pharmacist.

    I actually became a pharmacist by accident.My father was a nurse, so I wanted to become a doctor. In those days, you could enrol for 2 studies at the same time, in case you didn’t get in in one; so I enrolled in Pharmacy as well. Medicine was too much in demand, so they put me in Pharmacy. After finishing school, I didn’t wait to get a job. Within two months, I was working for an American laboratory. Sadly, during the troubles in the 1990s, most international companies left. Ours stayed for a while, but as the sales kept going down, one day I found myself without a job.At the time, there was an agreement between Zaire and South Africa, allowing us to enter without a visa. A lot of my friends had already left, and my wife and I were thinking of doing the same thing – I already had a few jobs lined up. But as good Christians, first we wanted to pray to God for guidance. So we prayed and fasted for three days. Two days later, God spoke through me. He said: stay in this country; and build a pharmaceutical laboratory. And that’s – with only 5000 USD in my pockets – how Laboratoires B.I.S. was born!

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  • Ten Merina PV Solar Inauguration

  • 18.01.2018
  • The official inauguration of the Ten Merina Photovoltaic Solar plant in Senegal took place in the presence of the prime minister of republic, Mahammed Boun Abdallah Dionne. The 92,000 solar panels will cover the electricity needs of more than 225,000 people, thereby avoiding the emission of 33,300 tonnes of CO2 annually.Click here for more information on the project and here for the press release by Proparco (en français)

  • Injaro Investments et BIO s’associent pour investir dans l’aviculture au Niger

  • 18.01.2018
  • French Article published in Financial Afrik

    Injaro annonce un investissement dans AviNiger, une entreprise avicole aux normes respectant le bien-être animal.AviNiger va fournir des œufs de consommation de qualité et contribuer à réduire le déficit d’aliments protéiques au Niger. Injaro investit  avec BIO, la Société belge d’Investissement pour les Pays en Développement, dans une société Nigérienne pour la construction d’une ferme de production d’œufs ultramoderne d’une capacité annuelle de plus de 35 millions d’œufs à Niamey. Cet investissement fera de AviNiger le premier producteur d’œufs au Niger. La ferme sera dotée d’une unité de production d’aliments de volaille et de bétail d’une capacité de 30 000 tonnes. La production de l’usine permettra de fournir des aliments de qualité et accessibles aux éleveurs locaux pendant toute l’année et apportera ainsi une solution à la forte mortalité du bétail pendant la saison sèche. Bénéficiant d’une alimentation en énergie solaire, la ferme produira également plus de 2 000 tonnes de fumier qui seront distribuées comme engrais naturels aux agriculteurs. En outre, par sa politique d’approvisionnement local, AviNiger offrira un débouché important pour les petits producteurs de sorgho et de maïs. S’exprimant à propos de cet investissement, Guy Van Kesteren, Directeur Général de AviNiger, a déclaré : «Nous sommes ravis de nous associer à Injaro et BIO. Leur soutien est une validation de nos plans visant à fournir durablement au marché Nigérien des œufs de consommation abordables et de qualité. Le Niger compte une population de 21 millions d’habitants en forte croissance. Le pays est sous la menace constante de la famine et la sécurité alimentaire constitue un défi majeur. Pour Dadié TAYORAUD, Directeur des Opérations à Injaro Investments : « Le Niger continue d’importer des œufs qui, pourtant, peuvent être produits localement. Cet investissement apportera une réponse au déficit en protéines et contribuera à la sécurité alimentaire tout en créant de la valeur pour nos investisseurs ». La société d’investissement Belge, BIO, a joué un rôle important pour la construction des élevages de AviNiger aux normes internationales respectueuses du bien-être des animaux. Dimitry Van Raemdonck, Manager à BIO, a déclaré : « Nous sommes très fiers de faire partie de cet important investissement qui permettra de produire des œufs de qualité en respectant des normes environnementales et sociales très strictes. Nous ne croyons pas aux exigences en deçà de la moyenne pour le continent et espérons que cette entreprise inspirera d’autres entrepreneurs au Niger et au-delà. »Original article

  • Belgian Port of Antwerp International to manage port of Cotonou, Bénin

  • 08.01.2018
  • Port of Antwerp International (PAI) has been appointed by of Benin to modernise the port of Cotonou. This port is the economic heart of Benin, handling an annual freight volume of around 12 million tonnes. In the longer term, the port authority wants the port to grow further, but both the infrastructure and the organisation are outdated. The government therefore decided to temporarily outsource the management of the port.Mr Luuk Zonneveld, CEO of BIO, was a member of the Belgian delegation who was in Cotonou to sign the contract. Management is aiming for significant industrial development through the participation of private companies - that may benefit from investments from BIO.