News
News
IFB announces new CEO
17-10-2024
Impact Finance Belgium (IFB) announced the next CEO to lead and scale-up the organisation to the next level.
Read moreNews
candi solar secures USD 18 M
10-10-2024
Candi Solar secures an additional USD 18 Million in debt funding from responsAbility and BIO to accelerate solar energy expansion in India and South Africa
Read moreNews
Boost access to international remittances in Africa
11-07-2024
IFC arranged a $75 million financing package for TerraPay, which includes a $30 million loan from IFC's own account, a B Loan of $15 million provided by asset manager ILX under IFC's B Loan Program, and a combined parallel loan of $30 million from development finance institutions OP Finnfund Global Impact Fund I and BIO.
Read moreNews
BIO grants a USD 15 million loan to Mutual Trust Bank in Bangladesh
13-06-2024
BIO Supports MSME Growth and Sustainability in Bangladesh with USD 15 Million Loan to Mutual Trust Bank
News
Climate Strategy
18-04-2024
BIO has published a renewed Climate and ecological sustainability strategy for BIO’s investments.
Read moreNews
USD 40 M European Backing for Uganda Rural Telecom Expansion
06-03-2024
TowerCo of Africa Uganda has secured US$40 million long-term financing from European development finance partners, including the European Investment Bank, the Development Bank of Austria (OeEB) and Belgian Investment Company for Developing countries, to support new investment aimed at significantly improving mobile phone network coverage in rural areas of Uganda, unlocking digital empowerment and economic advancement.
Read moreNews
Reception 18 January 2024
12-02-2024
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.
Read moreNews
BIO joins IFC and SIMA in Launching Solar Green Bond for Small and Medium Solar Developers in Africa
07-02-2024
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.
Read moreNews
Publication of BIO's first digital Development and Sustainability Report
25-09-2023
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.
Read more