What we do is not neoliberalism, but common sense
BIO’s response to the article by Mr Raphael Meulders, Feu nourri contre la société publique BIO, published in La Libre, 15 June 2022
29-06-2022
On June 15th 2022, the francophone newspaper La Libre published an interview with Mr Amaury Ghijselings from CNCD-11.11.11, the umbrella of French-speaking NGOs in Belgium. The interview, entitled Feu nourri contre la société publique BIO, is a strong criticism of BIO’s mission, which is to support the development of the private sector of developing countries in Africa, Asia and Latin America.
Today, La Libre published published BIO’s reply in an interview with our CEO, Mr Luuk Zonneveld with the title: "Ce que nous faisons n'est pas du néolibéralisme, mais du bon sens."
To achieve its mission, BIO has a keen interest in an open dialogue and cooperation with NGOs and civil society. That is why BIO welcomes critical debate and organizes workshops with the NGOs on priority subjects in development cooperation, such as gender equality and decent work. Other workshops are foreseen on climate financing, agriculture and food security, as well as decent wages. BIO is delighted with these discussions, as they allow for the productive exchange of ideas with its stakeholders.
To read the article (in French) you can go to the French language version of this page.
More news
BIO reaffirms commitment to Women's Economic Empowerment through the 2X Challenge
22-09-2026
Across emerging markets, millions of women continue to face barriers to accessing finance, growing businesses and participating fully in the economy. Yet we know that when women thrive, economies become stronger, businesses perform better and communities become more resilient.
Read moreWhen the next generation of finance steps up: a student mission at the heart of BIO's Impact Strategy
30-06-2026
The Belgian Investment Company for Developing Countries (BIO) is currently preparing the launch of its second impact fund. To tackle this complex challenge and attract private investors, the institution has entrusted a strategic mission to a group of three final-year students from Vlerick Business School. It is a unique collaboration where academic excellence serves sustainable development.
Read more2025 Annual Report: Scaling Impact Where It Matters Most
15-06-2026
We are pleased to announce the publication of our 2025 Annual Report—marking a year of strong growth, sharper focus, and deepened impact across our priority markets.
Read more