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).
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.
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.
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.
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.
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.
Rue du Trône 100, box 3
Brussels
Brussels-Capital Region
Belgium
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As of April 2025, BIO - the Belgian Investment Company for Developing Countries' leadership includes:
BIO - the Belgian Investment Company for Developing Countries has been backed by several prominent investors over the years, including:
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.
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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
BIO Invest Website • January 22, 2024
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 Website • December 14, 2023
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 Website • November 21, 2023
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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