Private Sector for Development Conference
Business for Development
Investing in Africa, Asia & Latin America: Opportunities for Belgian Businesses & investors
On the 28th of March, BIO, DGD, Enabel and IFC, member of the World Bank Group, organised the Business for Development Conference in the Deloitte Gateway building.
We were extremely pleased that it attracted such an impressive and diverse group of participants. We hope that you found the discussions as interesting and inspiring as we did, and that you enjoyed the networking opportunities the event provided.
Alexander De Croo Deputy prime minister and minister of Finance, in charge of the Fight against Tax Fraud, and minister of Development Cooperation, closed the conference.
Mr Philippe Le Houérou, CEO IFC, Member of the World Bank Group
from left to right
- Mr Peter Moors, Head of Staff Deputy Prime Minister De Croo
- Dr Omobola Johnson, Partner TLC Venture Capital Fund, former minister of ICT, Nigeria
- Mr Kjell Roland, Consultant Impact Nordic Capital, former CEO Norfund
- Ms Ann Claes, Owner JBC
- Ms Essma Ben Hamida, Founder & Co-Chair Enda Tamweel
- Ms Annabelle Van Nieuwenhuyse
Money is getting greener. The superlative in sustainable investing today is "impact investing". A growing global market that is already worth more than $700 billion.
Article originally appeared in MT Magazine in Dutch.
A group of international investors announce the successful first closing of the Incofin India Progress Fund (IPF) with USD 60 million of commitments. The fund will make private equity investments in the Indian agri food value chain and in financial inclusion for rural entrepreneurs in India. The committed capital comes from a diverse set of private and institutional investors including Korys, CDC, Proparco, the Belgian Investment Company for Developing Countries (BIO), the SDG Frontier Fund, the King Baudouin Foundation and several Belgian family offices.
The Belgian Investment Company for Developing Countries (BIO) agreed with SDB bank, a pioneering provider of financial services, to take up a 10% share of the bank, amounting to Rs. 925 million at Rs. 51.50 a share, via SDB bank’s Secondary Public Offering (SPO).