The OPIC Blog

Archive for the Tanzania Tag

World Bank says it’s getting easier to do business in the developing world

Developing countries accelerated the pace of reforms over the past year, making it easier to start and run a business, the World Bank Group’s new Doing Business 2016 report finds. The report, which looks at the business climate in 189 countries, found that 85 developing economies adopted 169 business reforms in the past year, designed to lower the cost and Read more…

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Featured Photo: Innovation supporting rural livelihoods in Tanzania

A Power Africa photo contest winner shows a man in Tanzania sewing at night with the aid of a solar light, which is helping to provide additional income generating opportunities for him and his family. The light, made available by d.Light – an African Clean Energy Finance ACEF grant recipient, is empowering rural families in Tanzania by extending their productive Read more…

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Featured Photo: On Mother’s Day, OPIC’s support to African medical care helps new mothers

In honor of Mother’s Day on May 10, this photo shows the Mission Mbagala Dispensary, a small clinic in Dar es Salaam, Tanzania, tending to a new mother and her infant. Supported by an OPIC loan, the clinic is one of several that have been able to use loans from the Medical Credit Fund to support upgrades, expansions and purchase Read more…

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Featured photo: Supporting microfinance lending to women in Africa

A BRAC microfinance recipient who has used loan money to support her restaurant business is joined by other women during a solidarity group meeting in Tanzania. OPIC financing has supported microfinance lending in East Africa through BRAC, a Bangladesh development organization. BRAC-Tanzania has opened more than 100 new microfinance branches serving an estimated 109,000 borrowers in Africa, 98 percent of Read more…

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Featured photo: Logistics startup employs hundreds in Tanzania

A truck driver and operations manager are just two of the 248 full-time workers employed in by Alistair James Co., which built a logistics and trucking company with the support of OPIC financing. In a region where limited rail lines and shipping ports makes businesses and local aid operations heavily reliant on trucking, U.S. businessman Alistair James built the company Read more…

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On World Food Day, a story of restoring potato crops to Tanzania

Family and smallholder farmers play a global role in protecting our environment, eliminating hunger and achieving sustainable development – especially in developing nations. On October 16, World Food Day will highlight this issue, with the theme of “Family Farming: Feeding the World, Caring for the Earth,” which will raise the profile of family and smallholder farmers. As is often the case, Read more…

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Highlights from the Field: ACEF supports African renewable energy projects for enduring development

By Sarah Carta, OPIC U.S.-Africa Clean Energy Finance Program Manager OPIC’s U.S.-Africa Clean Energy Finance (ACEF) team recently traveled to Africa to seek out thriving clean energy technology resulting from ACEF support – from off-grid solar power in Tanzania to smart meters in Ethiopia to grid-connected solar in Rwanda. Energy is a crucial piece of the development puzzle, and access Read more…

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Shining a light on Africa’s future

By Judith Pryor Vice President, Office of External Affairs, Overseas Private Investment Corporation There is a popular satellite photo of the earth at nighttime that really captures the severity of Africa’s power shortages. While much of the rest of the world shines brightly, the African continent sits mostly in darkness. It is easy to look at that image and conclude Read more…

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Measuring and monitoring impact: Five ways development impacts lives (Part Three in a series)

This post is the third in a series on OPIC’s work measuring and monitoring the developmental impact of the projects it supports. To view the previous posts click here and here. Some benefits of an investment in a developing country are obvious. A new power plant, for example, provides a reliable source of electricity to people who may have been Read more…

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Financial inclusion for Africa’s healthcare providers

By Dia Martin, OPIC, Senior Investment Officer On a continent that carries a disproportionate share of many diseases from HIV-AIDS to high blood pressure, access to finance poses a major challenge to the small clinics that serve so many lower and middle class Africans. These clinics often struggle to access even small amounts of credit to maintain or expand their Read more…

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