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.

Carole Maman

Chief Investment Officer

Past deals in Ghana

Fidelity Bank Ghana

Non Equity Assistance in 2022
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.

XpressGas

Debt Financing in 2021
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.

Access Bank

Post in 2019
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.
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