BIO celebrates the opening of its Nairobi office covering Eastern Africa

The regional office focuses on sustainable investments in private companies in Kenya, Uganda, Tanzania, and Rwanda. It also serves Ethiopia, Zambia, Malawi and Mozambique. It is strategically positioned in Nairobi, the Kenyan capital city which has long been regarded as East Africa’s economic hub. It also benefits from being close to some partner countries of the Belgian Development Cooperation, i.e. Uganda, Tanzania and Rwanda.

The purpose of the local office is primarily to assess and identify new investment opportunities with the support of the Belgian head office for the execution of investments. Strengthening the relationships with the European Union, the Belgian Development Cooperation and the Belgian Embassy is also one of the key focus areas. The establishment of the new office shows BIO’s commitment to support private sector development in this important sub-region, and it provides BIO with better market intelligence, which will ultimately improve our sourcing capacity to find new investment opportunities.

_{The Belgian Ambassador to Kenya, H.E. Mr Peter Maddens gave the opening speech.}

BIO's investment team in Nairobi

_{Signing of the contract between TLcom Capital and BIO; with Ms Andreata Mufaro TLCom partner, HE Peter Maddens, Ambassador of Belgium to Kenya, Mr Luuk Zonneveld, CEO BIO, and Ms Carol Maman, CIO BIO.}

The Nairobi office will now focus on strengthening BIO's portfolio in the region, also including direct investments in SMEs and in fragile countries. It will build and maintain an effective network of partners and prospects in the region and strengthen the team.

BIO East Africa representative office has opened its doors!

Do not hesitate to contact us: nairobi@bio-invest.be

BIO’s latest investments in the region are