Belgian Investment Company for Developing Countries logoBelgian Investment Company for Developing Countries

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BIO (Belgian Investment Company for Developing Countries): Impact investor fueling African growth via grants & venture capital. Portfolio gems like Poa Internet & Lendable. Unique: patient capital + focus on sustainable development.

Belgian Investment Company for Developing Countries' Portfolio in Africa

Belgian Investment Company for Developing Countries has made over 4 notable investments in African startups. Their most recent investment was in Enko Education, announced on December 17th, 2020.
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Belgian Investment Company for Developing Countries' Investment activity in Africa

With over $6.8M invested in African startups, their latest investment was a Debt Financing round in Enko Education, announced on December 17th, 2020, closing at $1M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Debt Financing
Enko Education
South AfricaSep 20, 2018$ 2,355,116
Debt Financing
Enko Education
South AfricaDec 17, 2020$ 1,042,299
Grant
Poa Internet
KenyaSep 08, 2022Undisclosed
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000

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Belgian Investment Company for Developing Countries' Investment Distribution in Africa.

Belgian Investment Company for Developing Countries' currently has Startuup investments spread across the following location(s)

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