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News
NGO Policy briefs
09-05-2022
BIO welcomes the briefing notes published today by 11.11.11, CNDC-11.11.11, and the NGO Coalition Contre la Faim on BIO as a sustainable development actor with respect to agriculture, climate, and governance.
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SDG Frontier Fund Final Closing
29-04-2022
First-of-its-kind Belgian impact fund mobilises additional private resources to support African and Asian SMEs in their growth.
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Investment in candi solar
22-02-2022
responsAbility Investments, the Swiss impact investment manager, and BIO, the Belgian Investment Company for Developing Countries, have provided a USD 10 million equivalent multi-currency loan to candi solar, a visionary financial and clean energy platform through which distributed energy infrastructure in emerging markets can be built at scale.
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Call for tender - Development Effectiveness Evaluation
20-12-2021
BIO has just published a call for tender for the next 3 Development Effectiveness Evaluations (period 2022- 2024), including a detailed Terms of Reference for the next evaluation that will focus on “BIO’s contribution to SDG10 – Reduced inequality and inclusive businesses”.
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Belgian impact fund backs the entrepreneurial spirit on the Indian countryside
18-11-2021
Belgian impact investor Incofin IM raises 45 million euros in a first investment round for its new impact fund focused on rural development in India.
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BIO has launched its first African office in Abidjan which is now open for business
20-10-2021
During a launch ceremony at Résidence de Belgique in Abidjan, last Thursday, October 14, the Belgian Investment Company for Developing Countries (BIO) celebrated the opening of its first African office in Abidjan.
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BIO’s investment in Maple Etanol SRL
20-10-2021
On the 27th of September 2021, Oxfam Belgium published the report ″Fuelling human rights violations″ addressing the problematic consequences of a bioethanol project co-financed by BIO. Oxfam's testimonies on the excesses concerning environment and health are mostly dated after 2015, two years after Maple Etanol prematurely reimbursed BIO and left our portfolio. Since then BIO no longer had access to the monitoring reports either.
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Lendable to Launch $100 million Emerging Market Fintech Fund with Leading Impact and DFI Investors
12-10-2021
Lendable Inc., a leading emerging market fintech credit provider, is targeting a ground-breaking USD 100 million closed-ended fund focused on emerging and frontier market fintech investments.
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BIO invests in vaccine production in Africa
05-10-2021
Through European Financing Partners - a joint venture between the European Investment Bank (EIB) and several European DFIs - the Belgian Investment Company for Developing Countries (BIO) is investing EUR 1.56 million in the production of covid and other vaccines in Africa.
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