European DFIs and EIB launch EUR 280 million financing initiative to support Covid-19 impacted businesses

 News

European DFIs and EIB launch EUR 280 million financing initiative to support Covid-19 impacted businesses

09-11-2020

EIB and EDFI members expand existing - European Financing Partners (EFP) - financing scheme to reduce the economic impact of the Covid-19 pandemic on private sector companies in developing countries.

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European Development Finance Institutions Announce Joint Ambitions for Climate Action

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European Development Finance Institutions Announce Joint Ambitions for Climate Action

05-11-2020

EDFI group outlines shared commitments to phase out fossil fuels and mobilise private sector climate finance, aligning with Paris Agreement and high disclosure standards.

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EDFI AgriFI and BIO contract €6M with Alterfin

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EDFI AgriFI and BIO contract €6M with Alterfin

17-08-2020

EDFI AgriFI and BIO each commit to finance the equivalent of EUR 3 million in USD to reinforce Alterfin’s sustainable agriculture and microfinance portfolios. The combined investment will provide Alterfin with long-term financing to support its expansion in Africa, Latin-America and Asia. The financing from BIO will likely also be accompanied by technical assistance, a first for Alterfin.

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BIO invests $1.5m in FINCA Malawi for Microfinance, SME Lending

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BIO invests $1.5m in FINCA Malawi for Microfinance, SME Lending

12-08-2020

The Belgian Investment Company for Developing Countries recently began disbursing funds as part of a four-year loan of USD 1.5 million to FINCA Malawi, a microfinance institution (MFI) owned by the US-based firm FINCA Impact Finance.

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Business Continuity Plan Toolkits

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Business Continuity Plan Toolkits

29-07-2020

Business continuity planning is a component of building business resilience in normal times and is especially critical in cases of large disasters. For businesses to survive, they must be able to adapt their operations to the new environment.

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Annual Report 2019

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Annual Report 2019

14-07-2020

BIO has published its annual report for 2019.

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Approval of BIO Emergency Facility up to 50 million EUR

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Approval of BIO Emergency Facility up to 50 million EUR

10-07-2020

BIO, the Belgian Investment Company for Developing Countries, will provide emergency financing to its portfolio companies to support their continuity in times of the covid pandemic.

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You'll never make the world sustainable with only public money

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You'll never make the world sustainable with only public money

02-07-2020

Financial return is worth twice as much if it also helps the world move forward. The Belgian government and business world collect 50 million euros for sustainable investments in the African and Asian private sector. "Investing is better than giving," says driving force Alexander De Croo, Minister of Development Cooperation. "You will only see a return on your investment if it has really made a difference."

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SDG Frontier Fund first closing

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SDG Frontier Fund first closing

02-07-2020

First-of-its-kind Belgian impact fund brings together 9 private investors to support sustainable economic growth in African and Asian frontier markets.

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