Belgian Investment Company for Developing Countries
The Belgian Investment Company for Developing Countries (BIO) is an economic development agency located in Brussels, Belgium, founded in 2001. Its primary goal is to foster a robust private sector in developing and emerging countries, facilitating access to sustainable growth and development. BIO directly invests in private sector projects, contributing significantly to the socio-economic development of the host countries. The agency's mandate emphasizes specific geographical targets, diverse financing tools, and a strong focus on the impact of its investments on development, aligning with international development goals. The management of BIO's assets is overseen by its executive management team, ensuring that its initiatives effectively support sustainable economic progress in the regions it serves.
Njeru Industries specializes in the processing and export of tea. The company receives an estimated 75,000 kgs of green leaf daily from 8,000 active smallholder farmers with a small portion (~9%) from Njeru Tea Estates (a sister company owned 100% by Njeru Industries' main shareholder).
Founded in 1996, Kashf Foundation has worked to pioneer microfinance services that empower and promote the economic self-reliance of poor women and their families in Pakistan. Kashf is now one of the premier microfinance institutions in the country, disbursing $202 million USD in loans to date and providing more than one million people with access to financial capital.
Poa Internet Ltd. is a telecommunications company founded in 2015 and based in Nairobi, Kenya. It specializes in providing low-cost internet services to individuals and small businesses in low-income neighborhoods, particularly in Kibera and Kwangware. The company aims to make internet access affordable and reliable, offering prices that are 40% lower than traditional network operators. Poa delivers its services through a comprehensive Wi-Fi network that ensures connectivity throughout entire neighborhoods, allowing users to access the internet on any Wi-Fi-enabled device. Additionally, Poa stands out from competitors by providing transparent pricing, non-time-limited data bundles, and free online content and tools, including job boards and marketplaces.
candi solar AG installs, finances, and operates rooftop solar equipment. The company was founded in 2017 and is headquartered in Zurich, Switzerland with an additional office in Mohali, India.
Green Sustainable Ventures
Non Equity Assistance in 2022
Green Sustainable Ventures builds and operates a solar PV park. It handles the construction and operationalisation of a 20 MW photovoltaic panel solar plant in Svay Rieng in Southeast Cambodia.
Fidelity Bank Ghana Limited provides banking products and services. The company offers current and savings accounts, and time deposits; Internet banking, SMS banking, and money transfer services; and executive and private banking, corporate finance, retail banking, mortgage, trade, wholesale banking, treasury, E-banking, and promotions services. Its services also include financing the importation of refined crude oil; supporting the electrification and power generation objectives of the government through the financing of independent power providers; and purchasing activities of local buying companies in the form of short term loans and bank guarantees. In addition, the company, through its subsidiaries, also manages private equity funds; and engages in providing advisory services, issuing of securities, raising of capital, and undertaking portfolio investment management for clients. Fidelity Bank Ghana Limited was formerly known as Fidelity Discount House. Fidelity Bank Ghana Limited was founded in 2006 and is based in Accra, Ghana.
Agroserv Industrie SA is a specialized agro-processing company based in Ouagadougou, Burkina Faso, focused on the production of corn flour and related products. Established in 2008, the company processes 100 tonnes of maize daily, producing a variety of items including corn flour, corn grits, cornmeal, and corn bran. These products are packaged in various sizes, including 5, 15, 20, and 25 kg bags, catering to both human consumption and animal nutrition. Agroserv's offerings include fortified semolina for consumers and corn bran used in livestock and poultry feed, which contributes to unique flavors in the final products. The company aims to meet the demands of the maize sector within Burkina Faso.
Social Performance Task Force is a nonprofit membership organization promoting social and environmental performance management for financial service providers. The organization's vision is to be a transparent, responsible, and inclusive financial sector that achieves positive outcomes for low-income people. They believe the social impact is not automatically achieved by all pro-poor financial institutions. In fact, achieving positive outcomes for clients requires careful and balanced management. It aims to show the financial industry how to manage social performance.
T&T Fruits
Debt Financing in 2022
T&T Fruits is a family-owned company that specializes in the processing and packaging of fresh fruits for export.
candi solar AG installs, finances, and operates rooftop solar equipment. The company was founded in 2017 and is headquartered in Zurich, Switzerland with an additional office in Mohali, India.
Optimal Financial Services, in addition to providing a line of credit for personal consumption, facilitates the growth of companies by offering multiple credit lines, factoring services, and working capital.
Cofina Mali is a microfinance group that focuses on supporting the growth of informal micro-enterprises in the region. As part of the broader Groupe COFINA, which was established in 2013, it operates in six French-speaking African countries, including Mali. The institution is dedicated to mesofinance and aims to enhance financial inclusion while promoting the formalization of the African business market. By investing in the dynamic private sector, Cofina Mali plays a crucial role in providing financial services that cater to the needs of small businesses, thereby contributing to the economic development of the area.
Entrepreneurs Financial Centre (EFC) Uganda is a microfinance institution established in June 2012, focusing on providing specialized loans to support the growth of local wealth. The organization offers microloans at competitive interest rates to micro and small-size entrepreneurs (MSEs), facilitating increased economic activity. In addition to loans, EFC Uganda provides various savings account options, including regular, premium, and term deposit accounts, enabling clients to create value and enhance their financial stability. Through its services, EFC Uganda aims to empower entrepreneurs and contribute to the overall economic development of the region.
Distributor of liquid petroleum gas intended to provide environment-friendly LPG to households and commercial entities across Ghana. The company's gas is distributed to Ghanaian households, institutions, and commercial sectors with a vision of bridging the gap between home and business and providing ready access to clean gas, enabling people and businesses to get a suitable alternative to the wood fuel that they use.
PT Mitra Bisnis Keluarga Ventura is a microfinance institution that provides working capital to low-income women to provide them with formal and cost-effective financial services (financial inclusion), reduce their vulnerability, and improve their lives. The institution's objective is to contribute to the government’s Sustainable Development Goals, particularly in fighting poverty and empowering women.
Founded in 2003, European Development Finance Institutions is an investment firm based in Brussels, Belgium. The firm offers services of development finance, and financing partnerships.
AviNiger
Debt Financing in 2020
AviNiger is a greenfield poultry project with a focus on producing eggs.
Developer of energy production plants. The company carries out prior analysis and assessment of project sustainability, makes preliminary and final design and working drawings and manages the entire authorization process required for plant construction.
FINCA Malawi is a licensed deposit-taking financial institution offering individual loans, savings, and insurance products designed for the local market.
South Asia Growth Fund II (SAGFII)
Venture Round in 2019
South Asia Growth Fund II (SAGF II), an investment fund dedicated to support energy and water efficiency in India and Bangladesh,
Cofina Sénégal is a microfinance group focusing its activities on income-generating loans and guarantees to unbanked MSMEs. In 2016, it started to deploy retail activities providing current accounts, savings accounts, notes, bank cards, online transfer services, and insurance products to its clients who were usually excluded from formal financial services.
Access Bank provides banking products and services to individual and business customers in Ghana. It offers standard savings and current, access advantage, solo, and premier accounts. The company also provides online banking services that include ATM, online access, and point-of-sale terminal services; and bills payment and Western Union money transfer services.
Arrend is a company that specializes in providing a range of leasing services to both businesses and individuals. Its offerings include financial and operational leasing, real estate leasing, fleet management, and automobile leasing. Additionally, Arrend provides services in factoring, investments, and insurance advisory. By focusing on enhancing the use of leasing at the regional level, the company aims to help clients improve their financial standing and profitability. Arrend is also developing a strong presence in the market for operating leasing of vehicles and heavy machinery, further solidifying its position within the industry.
Puratos Grand-Place Indochina is a developer of ingredients and solutions for chocolatiers, bakers, and bakeries. They provide raw materials and specialized solutions in the chocolate, bakery, and pastry industries to bakeries, food service companies, and supermarkets, as well as industrial and semi-industrial customers.
ARPE
Debt Financing in 2016
ARPE is a project company developing, constructing, and operating different hydro power projects in Northern Uganda.
Acep Burkina
Debt Financing in 2016
ACEP Burkina is a MFI specialized in the financing of micro companies and very small enterprises existing in towns and close suburbs. Granted credits are mainly used to finance required working capital and investments. I&P and ACEP International which are old partners have decided to partner in 2008 to try to start a microfinance institution like ACEP in the country. In spite of a preexisting important mutual fund present in town zone, small entrepreneurs remain hardly linked to microfinance. Besides, it does not exist for the moment in Burkina Faso, a microfinance institution specialized in individual credit with an effective and appropriate technique of credit risk analysis towards very small companies. Financings trough subventions have been secured from the French Agency of Development then an agreement has been obtained from the ministry of finances in June 2012. The microfinance institution has started its activities in October 2012.
Acceso Crediticio S.A, established in 1999 and headquartered in Lima, Peru, is a financial institution that specializes in providing vehicle loans, particularly to entrepreneurs in the transportation sector. The company focuses on informal taxi drivers operating in low-income urban areas, addressing the needs of an underserved market that traditional financial institutions often overlook. By offering accessible credit solutions, Acceso Crediticio supports the acquisition of vehicles, including motorcycles, taxis, and utility vehicles, while promoting the use of clean energy vehicles to help reduce CO2 emissions. In addition to vehicle financing, the company provides various services such as debt purchase and recurring loans, aimed at enhancing the quality of life for its clients. As a subsidiary of Acceso Corp. S.A, Acceso Crediticio plays a crucial role in improving financial inclusion in Peru.
Commercial Leasing & Finance PLC, based in Colombo, Sri Lanka, offers a range of financial products and services tailored to various sectors, including agriculture, manufacturing, and construction. Established in 1988, the company provides fixed deposits and savings accounts, alongside a variety of loan options such as revolving, property mortgage, education, and gold loans. Additionally, it specializes in leasing, factoring, Islamic financing, and micro-financing services. The organization focuses on customer satisfaction and aims to build strong relationships with stakeholders, including strategic partners and employees. As a subsidiary of LOLC Holdings PLC, Commercial Leasing & Finance PLC is committed to delivering financial solutions that cater to the diverse needs of its clientele.
Alios Finance Group is a prominent financial services provider based in South Africa, specializing in personal and investment financing solutions. The company offers a range of services, including leasing, investment credit, long-term rental, consumer credit, personal loans, hire purchase, and equipment credit. Operating in nine Sub-Saharan countries—Burkina Faso, Cameroon, Ivory Coast, Gabon, Kenya, Mali, Senegal, Tanzania, and Zambia—Alios Finance Group also has a presence in North Africa through its main shareholder, Tunisie Leasing Group. The firm focuses on delivering specialized financial solutions tailored to the needs of professionals and individuals across the African continent.
Fusion Microfinance Private Limited is a non-banking financial company based in New Delhi, specializing in providing micro-credit services to women entrepreneurs in rural and semi-urban regions of India. Established in 1994, the company began its Greenfield operations in January 2010 and expanded its reach by acquiring the microfinance division of Aajeevika, which had a loan book of Rs 6.3 million and 1,280 members at the time of acquisition. Fusion Microfinance focuses on facilitating the establishment and growth of small businesses by offering micro-loans and life insurance products. As of March 31, 2019, the company operated through a network of 504 branches across less penetrated areas in North Central India, including Madhya Pradesh, Uttarakhand, Uttar Pradesh, Delhi, and Haryana.
Banco Regional S.A.E.C.A. provides banking products and services in Paraguay. It offers current accounts; home, car, education, and personal loans, as well as financing for agriculture, livestock, and commerce, industry and services sectors; savings and deposits; and credit, debit, pre-paid, and corporate cards. The company also provides personal accident, health, life, home, multi-risk commercial, vehicle, and agricultural insurance products; foreign trade services; advisory services; and private banking services. The company was founded in 1991 and is headquartered in Encarnación, Paraguay with branches across Paraguay.
Summit Power International Ltd. is an independent power producer based in Singapore, established in 2016. The company focuses on the generation and supply of electricity in Bangladesh and operates as an infrastructure developer and operator in South Asia. It develops, owns, and manages power-generating assets that deliver reliable energy to government entities and state utilities. By providing consistent and dependable electricity, Summit Power International aims to create long-term revenue streams through its portfolio of infrastructure assets.
Indorama Fertilizers operates a world-class, 1.4 million metric tonnes per annum urea manufacturing facility based in Port Harcourt, Nigeria. The plant has been developed to global environmental, social and construction standards. It plays a key role in supporting the agricultural sector in Nigeria by providing a reliable supply of fertilizers for local farmers, thereby enabling import substitution and supporting the diversification needs of the Nigerian economy. Indorama Fertilizers is also advantageously located to serve neighboring West African countries and key Western hemisphere markets, including North America, South America and Europe
Azito Energie S.A., founded in 1997 and based in Abidjan, Ivory Coast, specializes in the development, ownership, and operation of a natural gas power plant. This facility utilizes indigenous natural gas resources, contributing to energy independence in Ivory Coast and positioning the country as a significant electricity supplier in West Africa. As of November 2010, Azito Energie operates as a subsidiary of Globeleq Generation Limited, further enhancing its capacity to deliver reliable energy solutions in the region.
Interact Climate Change Facility is a co-financing facility dedicated to climate-friendly investments. It finances renewable energy and energy efficiency projects in the private sector in developing countries and emerging economies.
Polaris Infrastructure is a Toronto-based company engaged in the operation, acquisition and development of renewable energy projects in Latin America.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.