Reception 18 January 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.
The Ubora Prize is an initiative of BIO and the King Baudouin Foundation to promote and support excellent SMEs in the DRC. The aim of the Prize is to reward two "champions" and two start-ups that stand out for their performance, their social impact and their compliance with ESG standards. The prize is accompanied by technical support, media recognition and a trip to Europe for the winners. The Prize is organised in partnership with I&F Entrepreneuriat and Kivu Entrepreneurs, two local incubation centres.
On the 18th of January, the four winners of the Ubora Prize - young promises and established SMEs, from the west and the east of the DRC - were presented and celebrated in Brussels, in the presence of Belgian Minister Caroline Gennez and Congolese Minister Yves Bukulu.
On the same day, BIO celebrated the upcoming transfer of leadership from the outgoing CEO Luuk Zonneveld, to the future CEO Joris Totté.
As an unexpected surprise, Luuk Zonneveld, was awarded the Belgian national decoration of Grand Officer in the order of the Crown after serving 11 years as CEO of the company.
The Order of the Crown is awarded for services rendered to the Belgian state, especially for meritorious service in public employment. The Order of the Crown is also awarded for distinguished artistic, literary or scientific achievements, or for commercial or industrial services in Belgium or Africa.
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.
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 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.