News

It is with great pleasure and enthusiasm that the Belgian Investment Company for Developing Countries (BIO) announces the publication of its first-ever digital edition of its Development and Sustainability Report.

The Board of Directors of the Belgian Investment Company for Developing Countries (BIO) is pleased to announce the appointment of Joris Totté as the new Chief Executive Officer of the organization, effective as of March 1^st, 2024. This appointment marks an exciting new chapter for BIO as it continues its mission of fostering sustainable development and economic growth in emerging markets.

BIO, the Belgian Investment Company for Developing Countries, and EDFI AgriFI, the EU-funded Agriculture Financing Initiative, have proudly announced their co-investment of a total of EUR 6 million in gebana Faso (GFA), a pivotal step towards enhancing integrated and sustainable food supply chains in the region.

BIO sincerely congratulates its colleagues at Kampani with its 500K investment, sourced by BIO, in Soprocopiv, a coffee cooperative in Butembe (North Kivu, DRC), .

BIO commits a USD 15 million subordinated loan to Angkor Mikroheranhvatho Kampuchea Co., Ltd

On 13 March 2023, CNCD-11.11.11, the umbrella organisation for French-speaking NGOs in Belgium, published two articles on BIO’s investment in Plantations et Huileries du Congo. The article give CNCD 11.11.11’s interpretation of BIO’s investment cycle in this project, from approval to exit. On several essential items, BIO’s perspective differs from CNCD 11.11.11’s interpretation.

candi solar, an innovative financial and clean energy platform that enables distributed energy infrastructure in emerging markets to be built at scale, has received a further USD 14 million equivalent multi-currency loan from a climate fund managed by Swiss impact investment manager, responsAbility Investments AG, and BIO, the Belgian Investment Company for Developing Countries.

RGREEN INVEST and ECHOSYS INVEST announce first closing of AFRIGREEN Debt Impact Fund securing gross commitment of €87.5M out of final target size of €100M