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BIO’s management contract provides that, each year, a sample of BIO’s interventions must be subject to an in-depth assessment of their development effects.

The ultimate goals of this assessment are:

  • improving existing policies and practices and
  • establishing new ones through lessons learning and evidence-base.

BIO has just published a call for tender for the next 3 Development Effectiveness Evaluations (period 2022- 2024), including a detailed Terms of Reference for the next evaluation that will focus on “BIO’s contribution to SDG10 – Reduced inequality and inclusive businesses”.

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 News

BIO reaffirms commitment to Women's Economic Empowerment through the 2X Challenge

22-09-2026

Across emerging markets, millions of women continue to face barriers to accessing finance, growing businesses and participating fully in the economy. Yet we know that when women thrive, economies become stronger, businesses perform better and communities become more resilient. 

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 News

When the next generation of finance steps up: a student mission at the heart of BIO's Impact Strategy

30-06-2026

The Belgian Investment Company for Developing Countries (BIO) is currently preparing the launch of its second impact fund. To tackle this complex challenge and attract private investors, the institution has entrusted a strategic mission to a group of three final-year students from Vlerick Business School. It is a unique collaboration where academic excellence serves sustainable development.

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 News

2025 Annual Report: Scaling Impact Where It Matters Most

15-06-2026

We are pleased to announce the publication of our 2025 Annual Report—marking a year of strong growth, sharper focus, and deepened impact across our priority markets.

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