Lighting Tanzania (IFC-600415)

Countries
  • Tanzania
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jul 5, 2016
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Republic of Tanzania
The holder of the loan, grant, or other investment.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Project Cost (USD)
$ 4.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ IFC website

Updated in EWS Feb 26, 2019

Disclosed by Bank Apr 12, 2017


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Project Description

The program aims to increase access to better, cleaner and safer off-grid lighting to the rural populations not connected to the grid. The project will accelerate the development of the markets for modern off-grid lighting products.The program will accomplish this by undertaking a number of market development activities:
- Market Intelligence: to help product marketers and distributors understand the new off-grid lighting market segment, supply and distribution chains. The insights from the research serve to inform their business and strategic plans.
- Quality Assurance: promoting the adoption of Lighting Global quality standards across the sector to counter the risk of market spoilage from the infiltration of low quality products that erodes confidence in the new off-grid technologies among consumers, financiers and stakeholders.
- Access to Finance: Adequate financing along the entire supply chain has been identified as being critical for the growth of the off-grid lighting market. The program will develop financing facilities through financial institutions to meet the demand from the market.
- Consumer Education: creating awareness, for a market to grow and thrive, consumers must know what products are available, and understand the value and benefits of these products over what the consumers are currently using (kerosene and candles etc.). Consumers must also be able to distinguish between good and poor quality products in order to get good value for their scarce resources.
- Business Development Support: provide a range of market and business development support activities directly to manufacturers, distributors and retailers under this component with the objective of fostering competition and creating a vibrant and competitive market that will extend distribution to the rural areas.

Investment Description
  • International Finance Corporation (IFC)
Contact Information

ACCOUNTABILITY MECHANISM OF IFC

The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/