Investing in a sustainable future
BIO invests in small and medium-sized enterprises, financial institutions, and infrastructure projects, contributing to socio-economic growth in developing countries.
Impact story
Creating a snowball effect
Ms Annie Samuna Tuluka is the managing director of Congo Call Center. Mr Fely Samuna is her husband and the general manager of the Congo Call Center.
Congo Call Center has received financing from the African Rivers Fund, a private equity fund focussing on SMEs in Central Africa, in which BIO is an investor. ARF is managed by XSML.
Impact story
La pâtisserie, c'est comme la haute couture
BIO has invested in several funds of AfricInvest.
AfricInvest has invested in Gourmandise, a Tunisian pastry brand. Ms Radhia Kammoun is its CEO. This is her story.
In numbers
In 2020, BIO’s funding supported 117,462 jobs through direct investments and an additional 158,432 through indirect investments. Altogether, they would further support more than 10 M indirect jobs, as estimated through JIM.
For direct investments, job creation reached 3,210 jobs in 2020.
Of all the BIO projects approved in 2021, 16 out of 21 qualified for the 2X Challenge – to which BIO contributed over EUR 75 M in new investment commitments over the year.
In 2020, BIO’s direct and indirect renewable energy supply corresponded to a total of 3,730,000 tonnes of CO2e avoided, which is equivalent to the greenhouse gas emissions of 803,700 gasoline-powered passenger vehicles driven for one year.