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BIO - the Belgian Investment Company for Developing Countries's Overview

Total employees95
HeadquartersBrussels
Founded2001

BIO (Belgian Investment Company for Developing Countries) is a Development Finance Institution (DFI) established in 2001 by the Belgian government. Its mission is to support a strong private sector in developing and emerging countries, enabling them to gain access to growth and sustainable development. BIO invests directly and indirectly in private sector projects, focusing on small and medium-sized enterprises (SMEs), financial institutions, and infrastructure, thereby fostering job creation, economic growth, and positive social and environmental impact. BIO is committed to contributing to the United Nations' Sustainable Development Goals (SDGs).

Where is BIO - the Belgian Investment Company for Developing Countries's Headquarters?

HQ Function

The Brussels headquarters serves as the central command for all global operations, including investment strategy, origination and appraisal of projects, due diligence, portfolio management, impact assessment, risk management, and corporate governance.

Notable Features:

The headquarters is likely a modern, functional office space equipped to support its specialized financial and development activities, fostering collaboration and efficiency. Specific architectural highlights are not publicly emphasized.

Work Culture:

The work culture at BIO Invest is mission-driven, professional, and impact-focused, characterized by a strong emphasis on sustainability, ethical investment, and collaboration. Employees typically possess expertise in finance, international development, and ESG (Environmental, Social, and Governance) criteria.

HQ Significance:

As Belgium's primary Development Finance Institution, the Brussels headquarters is pivotal to the country's international development cooperation strategy and its contribution to global sustainable finance and private sector development in underserved markets.

Values Reflected in HQ: The headquarters' operations and environment aim to reflect BIO's core values of impact, sustainability, partnership, integrity, and entrepreneurship in its mission to foster development.

Location:

BIO Invest has a global mandate to support private sector development in a wide range of developing and emerging countries across Africa, Asia, Latin America, and Eastern Europe. Its global functions, managed from Brussels, include identifying and appraising investment opportunities, conducting due diligence, providing diverse financial instruments (equity, quasi-equity, loans), managing its investment portfolio, and offering technical assistance. BIO focuses on key sectors such as financial inclusion, agribusiness and food production, renewable energy, and essential infrastructure to promote sustainable businesses and achieve measurable development impact.

Street Address:

Rue du Trône 100, box 3

City:

Brussels

State/Province:

Brussels-Capital Region

Country:

Belgium

BIO - the Belgian Investment Company for Developing Countries's Global Presence

Buying Intent Signals for BIO - the Belgian Investment Company for Developing Countries

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of BIO - the Belgian Investment Company for Developing Countries

As of April 2025, BIO - the Belgian Investment Company for Developing Countries' leadership includes:

Carole Maman - Chief Executive Officer
Koenraad De Gucht - Chief Financial Officer
Joris Totté - Chief Risk & ESG Officer
Samuel Veterin - Chief Investment Officer a.i. & Head of Financial Institutions

Investors of BIO - the Belgian Investment Company for Developing Countries

BIO - the Belgian Investment Company for Developing Countries has been backed by several prominent investors over the years, including:

Belgian State (via SFPIM - Federal Holding and Investment Company)

Executive New Hires/Exits in the Last 12 Months

Hire1
Exits1

BIO Invest experienced a key leadership change in the past year with the appointment of Carole Maman as the new CEO in January 2024. She succeeded Benoit Cardos de Lichtbuer, who departed in mid-2023. Luuk Zonneveld served as Interim CEO during the transition period between their tenures.

Departures

Benoit Cardos de Lichtbuer, Benoit Cardos de Lichtbuer departed from his role as Chief Executive Officer.

New Appointments:

Carole Maman, Carole Maman appointed as new Chief Executive Officer of BIO Invest.

Technology (Tech Stack) used by BIO - the Belgian Investment Company for Developing Countries

Discover the tools BIO - the Belgian Investment Company for Developing Countries uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

BIO - the Belgian Investment Company for Developing Countries Email Formats and Examples

BIO Invest likely utilizes a standard professional email format for its employees, typically combining elements of an employee's name with the company's domain, 'bio-invest.be'. While the exact structure is not publicly confirmed, a common pattern for similar organizations is [first initial].[last name]@[domain].

f.last@bio-invest.be

Format

c.maman@bio-invest.be

Example

75%

Success rate

News and media

BIO Invest WebsiteJanuary 22, 2024

Belgian Investment Company for Developing Countries News: Carole Maman appointed new CEO of BIO

Carole Maman has been appointed as the new Chief Executive Officer of BIO, the Belgian Investment Company for Developing Countries, effective January 2024. She brings extensive experience in development finance and impact investing to lead BIO's mission....more

BIO Invest WebsiteDecember 14, 2023

Belgian Investment Company for Developing Countries News: BIO invests in Clarmondial’s Food Securities Fund to enhance access to finance for sustainable agriculture

BIO has committed USD 5 million to the Food Securities Fund, managed by Clarmondial. This investment aims to support sustainable agricultural value chains and improve livelihoods for smallholder farmers in developing countries by providing access to finance....more

BIO Invest WebsiteNovember 21, 2023

Belgian Investment Company for Developing Countries News: BIO and FinDev Canada invest USD 20 million in Energy Entrepreneurs Growth Fund (EEGF) to expand energy access in Sub-Saharan Africa

BIO, in partnership with FinDev Canada, has jointly invested USD 20 million in the Energy Entrepreneurs Growth Fund (EEGF). This initiative is designed to provide access to clean and reliable energy for underserved populations in Sub-Saharan Africa by supporting early-stage energy companies....more

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