Nada Shall currently serves as a member of the ElectriFI Investment Committee at EDFI Management Company since November 2023. In addition, Nada Shall has been the Head of the East Africa office and an Investment Officer at BIO - the Belgian Investment Company for Developing Countries since December 2019. Previous experience includes a role as a Board Member (Observer) at Groupe Orabank from July 2020 to August 2022, a Supervisor in M&A and Corporate Finance at BDO from October 2018 to November 2019, and various positions at KPMG Luxembourg between September 2012 and August 2018, including Assistant Manager and Senior Advisor in Deal Advisory and tax advising roles. Nada Shall's early career included internships at SNA Insurance and UNDP in 2008 and 2009. Educational qualifications include a Master's degree in Economics from Solvay Brussels School of Economics and Management, a Bachelor's degree in Economics from Saint Joseph University of Beirut, and an Erasmus program in Finance and Financial Management Services from Universidad Carlos III de Madrid.
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BIO - the Belgian Investment Company for Developing Countries
The mission of BIO is to support a strong private sector in developing and/or emerging countries, to enable them to gain access to growth and sustainable development with the aim of achieving the Sustainable Development Goals. BIO invests directly in private sector projects and as such makes a structural contribution to the socio-economic growth of those host countries. Its mandate requires strict criteria in terms of geographical targets, financing tools and, above all, impact on development. In developing countries, the informal economy is proof of great dynamism; however access to long-term finance and capital, without which companies cannot grow, is limited or impossible for a large chunk of the population. In fact, the banking system is often unsuited to the needs of small entrepreneurs and does not allow the emergence of income-generating activities. Support for the private sector is therefore an essential link in the development cooperation chain, as it drives economic growth. By producing goods and services, local enterprises help improve the population’s living standards, accelerate technological developments and lower prices by stimulating competition and increasing the country’s tax base, which is essential for financing infrastructures, education and health. BIO's strategy focuses on the financial sector, enterprises and infrastructure projects, with three key objectives: optimising the development impact, supporting sustainable projects, and additionality.