Evaluation of 5 investments of BIO in East Africa

| Print |

BIO is the Belgian Investment Company for Developing Countries. In the framework of its agreement with the Belgian Government, it is mandated to conduct an annual evaluation of a sample of its investments.

For 2015, BIO selected 5 investments in the financial sector in East-Africa, which comprise a sample of indirect investments in micro, small and medium-sized companies (MSMEs):

  • 3 financial institutions, namely Bank of Africa Tanzania, and AccessBank Tanzania focusing on MSMEs in Tanzania, and EFC Uganda, a microfinance institution targeting micro and small enterprises in Uganda. 
  • 2 funds, namely Grofin East Africa Fund and Catalyst Fund I that invest in larger SMEs in the East African Region

For more findings, find here the summary of the evaluation.

  • Evaluation of BIOs 5 investments (4.00 KB) Download