NGO Policy briefs
BIO welcomes the Policy briefs published today by 11.11.11, CNDC-11.11.11, and the NGO Coalition Contre la Faim on BIO as a sustainable development actor with respect to agriculture, climate, and governance.
The notes shed a critical light on BIO’s investment strategy and practice. They contain a number of interesting insights, suggestions and recommendations that merit consideration and discussion.
We highly appreciate the interest and efforts of NGOs to investigate our performance and to identify how it could be improved. BIO is an investment organization working with public funds, therefore the dialogue with organizations of civil society is an important part of BIO’s engagement with its stakeholders.
Just like NGOs are important stakeholders for BIO, NGOs can count on BIO’s support with its private sector development expertise, experience and network. Therefore, both can benefit from joint in-depth discussions on the themes of the NGO briefing notes, and on others. In this respect, we organised an initial workshop last March and will discuss with the NGOs to organise further workshops and seminars, as well as regular concertation meetings in the months to come.
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News
USD 40 M European Backing for Uganda Rural Telecom Expansion
06-03-2024
TowerCo of Africa Uganda has secured US$40 million long-term financing from European development finance partners, including the European Investment Bank, the Development Bank of Austria (OeEB) and Belgian Investment Company for Developing countries, to support new investment aimed at significantly improving mobile phone network coverage in rural areas of Uganda, unlocking digital empowerment and economic advancement.
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Reception 18 January 2024
12-02-2024
On the 18th of January, BIO organised a reception as a celebration of the New Year, the first edition of the Ubora Prize, and the handover of the position of CEO of BIO of Luuk Zonneveld to Joris Totté.
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BIO joins IFC and SIMA in Launching Solar Green Bond for Small and Medium Solar Developers in Africa
07-02-2024
IFC, a member of the World Bank Group, in partnership with Social Investment Managers and Advisors LLC (SIMA Funds or SIMA) and other financiers have reached the first close of the $150 million SIMA Commercial & Industrial Solar Green Bond, which will finance small-scale productive-use solar projects throughout Africa.
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