BIO invests in small and medium-sized enterprises, financial institutions, and infrastructure projects, contributing to socio-economic growth in developing countries.

Impact story

Bounce back, reinvent, and dream of a better future

Géraldine Georges is the chairwoman of the Belgian Investment Company for Developing Countries.

This is her story.

Impact story

Insurance is hope for the future

BIO has invested in Africinvest, which has invested in Raynal Assurances.

Osée Gaétan Quenum is the general director of RAYNAL Assurances, this is his story.


Investment in candi solar


Call for tender - Development Effectiveness Evaluation


Belgian impact fund backs the entrepreneurial spirit on the Indian countryside

In numbers

Companies directly financed by BIO in 2019 employ 108,752 people and support an additional 2.1 million jobs.

Indirectly financed companies employ an additional 131,787 people and support an additional 1 million jobs.

Out of the 240,539 people employed by directly and indirectly financed companies, 83,697 are women - that's 1 in 3.

In 2019, over a million tonnes of CO2eq – about the emissions of driving 6 billion kilometres with a diesel car – were avoided through direct investments in renewable energy, with an additional half a million through indirect investments

Our investments

View our portfolio

Filter through investments