News
News
BIO announces new CEO
06-09-2023
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 1st, 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.
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BIO and EDFI AgriFI invest EUR 6 M in gebana Faso
05-09-2023
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.
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Congratulations to Kampani with its investment in Soprocopiv
01-09-2023
BIO sincerely congratulates its colleagues at Kampani with its 500K investment, sourced by BIO, in Soprocopiv, a coffee cooperative in Butembe (North Kivu, DRC), .
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USD 15 M loan to AMK
03-07-2023
BIO commits a USD 15 million subordinated loan to Angkor Mikroheranhvatho Kampuchea Co., Ltd
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BIO's response to the articles published by CNCD 11.11.11 on BIO's investment in PHC (Feronia)
15-03-2023
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.
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candi solar receives follow-on USD 14 M loan
28-02-2023
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.
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RGREEN INVEST and ECHOSYS INVEST announce first closing of AFRIGREEN Debt Impact Fund
24-02-2023
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
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LENDABLE CLOSES ON $110M Emerging Market Fintech Fund
30-01-2023
Lendable Group today announced the final close of its Lendable MSME Fintech Credit Fund with $110 million of investable capital, exceeding the $100 million target. The Fund is Lendable’s fourth private debt fund that provides on and off balance sheet debt to fintechs that support MSMEs and the digital business ecosystem across Africa and SE Asia.
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