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Belgian Investment Company for Developing Countries

Government fund

Brussels · 92 people tracked

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Investment thesis

BIO focuses on advancing sustainable, socio-economic development in developing countries by financing small and medium-sized enterprises, financial institutions, and infrastructure projects. Its mission centers on impact investing that promotes long-term growth in emerging and developing markets.

Source: firm website, verified Sep 27, 2026.

HQ
Brussels, BE
Instruments
Equity · Debt
Tracked investments
3

Team · 92 people

from the firm's website & curated
Carole Maman· Chief Investment Officerin
Annina Göbel· Investment Officerin
Anton Tran· Investment Officerin
Colin Burton· Senior Investment Officer - Equity Portfolio
Desiré Baca· Investment Officer
Dorian Zohou· Investment Officer Abidjanin
Elsie Ndada· Investment Officerin
Eric Suttor· Manager - Portfolio Monitoringin
Eric Van den Bosch· Senior Investment Officer
Federico Carraro· Investment Officer - Portfolioin
François Maudet· Investment Officer
François-Xavier Come· Investment Officer - Equity Portfolio
Frédéric Vereecke· Senior Investment Officer
Gracias Sagbo· Investment Officer
Grégory Behin· Private Equity Managerin
Guillaume Accarain· Senior Investment Officer
Hélène de Viron· Senior Investment Officer
Ignace Van Synghel· Senior Investment Officer
Jan Lemaitre· Senior Investment Officerin
Jean-Benoit Lieffrig· Investment Officerin
Juliette Bouchat· Investment Officerin
Karien Husson· Senior Investment Officerin
Louis Lebon· Investment Officer
Mara Dinu· Investment Officer - Equity Portfolio
Marguerite De Viron· Investment Officerin
Marie Watelet· SME & Infrastructure Managerin
Maximilien d'Harcourt· Senior Investment Officerin
Michel d'Hoop· Investment Officer
Milena Loayza· Financial Institutions Managerin
Morgane de Halleux· Investment Officer - Portfolioin
Naweza Muhaya· Senior Investment Officer - Portfolio
Olivier Toussaint· Senior Investment Officerin
Peter Vandendriessche· Senior Investment Officerin
Quentin De Vreese· Senior Investment Officerin
Salvador Blanco· Investment Officer - Portfolio
Simon Jadoul· Investment Officer - Equity Portfolio
Simone Verbraeken· Senior Investment Officerin
Stefania Sanchez· Investment Officer
Sybile Vancoillie· Investment Officer - Portfolio
Théophile Pouget-Abadie· Investment Officer
Alexis Botteldoorn· IT Network & Systems Administratorin
Anne Emmerechts· Office Manager
Ben Jehaes· External Relations Manager
Bénédicte Pancheri· Business Application Ownerin
Benoît Dumortier· Corporate Governance Secretary
Bernard Vanhoutte· Legal Manager
Charlotte Verbeeck· Environmental & Social Officer
Constantin Houchard· Senior Legal Counsel
Delphine Kodeck· Senior Legal Analyst
Denis Duelz· Senior Special Operations Officer
Denis Pomikala· Risk Managerin
Emma Ramirez· Administrative Assistant
Evi Vanhooren· Translatorin
Gilles Dosogne· Liaison Officer Abidjan
Giulia Baconcini· Senior Environmental and Social Officerin
Grace Nonneman· Legal Counselin
Hugo Briet· Senior Treasurerin
Ilham Skali· Medior Accountantin
Jana Vandoren· Senior Environmental and Social Officer
Jenny Decuyper· Accounting Support
Jérémie Gross· Impact and Sustainability Managerin
Karolien Vandenberghe· Senior Counsel Regulatory & Compliance
Koen Van Troos· Manager International Partnerships & Communicationin
Laurence Belpaire· Administrative Assistantin
Laurence Croufer· Senior Legal Counsel
Lene Verhaegen· Legal Counsel
Louise Mailleux· Communication Officer
Lucie Stramare· HR Managerin
Marguirette Kul· Accounting Managerin
Marina Droin· Legal Counselin
Mathieu Demoulin· Senior Business Development Support Fund Coordinator
Matilda Di Nardo· Impact Officerin
Mélissa De Smedt· IT Support Engineer
Michael Botquin· Controllerin
Monique Siekierko· Back Office Agent
Nada Shall· Liaison Officer Nairobiin
Nadia Vanden Bergh· Accounting Specialist
Olivier Dequinze· IT Manager
Pauline Marot· Back Office Agent
Robert Kay· Internal Auditor
Romain Leclère· IT Network & Systems Administrator
Sarah Maria Truzzi· MEL Officer
Sétha Eng· Business Development Support Fund Officer
Thomas Deca· Senior Special Operations Officer
Thomas Destrebecqz· HR Specialist
Tine Vlietinck· Chief Corporate Officer
Véronique Bekaert· Assistant to the CEOin
Yasmine Bouirig· Environmental & Social Officerin

What they invest in

from 2 of 3 portfolio companies

Impact & Social Good ×2AgTech ×1Cleantech ×1Climate Tech ×1EdTech ×1Energy ×1Fintech ×1Healthtech ×1

HQs:Bangladesh×1Luxembourg×1

Investments · 3 tracked

founders shown can be your intro path
BRACbrac.netin𝕏Dec 2024

BRAC invests in socially responsible enterprises focused on expanding access to education, healthcare, financial inclusion, and technology services.

AgTechEdTechFintechHealthtechImpact & Social GoodBangladesh, BD

Sir Fazle Hasan Abed(Founder)

Co-investorsCeniarthGlobal PartnershipsProparco

Spark+ Africa Fundsparkafricafund.cominMar 2024

Spark Africa Fund is an investment firm that provides financing to companies scaling clean and modern cooking fuel solutions and appliances across Sub-Saharan Africa, including manufacturers, distributors, utilities, and finance intermediaries.

CleantechClimate TechEnergyImpact & Social Good

Co-investorsCeniarthAfrican Development BankDFCIFU

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Acumen Resilient Agriculture Fund II (ARAF II)

Frequently asked questions

What sectors does Belgian Investment Company for Developing Countries focus on?
Belgian Investment Company for Developing Countries focuses on Energy, Fintech, Impact & Social Good.
Where is Belgian Investment Company for Developing Countries located?
Belgian Investment Company for Developing Countries is headquartered in Brussels, BE.

Media · Podcasts & interviews

from their channel

BIO's 2025 Annual Report

Belgian Investment Company for Developing Countries

BIO is the boldest DFI

Belgian Investment Company for Developing Countries

Z Responsible Invest - l'Investissement durable

Belgian Investment Company for Developing Countries

Images

Belgian Investment Company for Developing Countries photo

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