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Information and Communications Technology Information and Communications TechnologyInvestments in information and communications technology enhance economic activity and quality of life in the developing world by expanding access to healthcare, education, and food and making business more efficient and secure.
 Affordable, reliable, and trusted technology is a powerful engine of prosperity and stability, yet many developing countries face a substantial digital divide due to the high costs of services and devices.DFC is committed to supporting private sector investment in internet and mobile service operators, telecommunications towers, and data centers as well as projects that are leveraging technology to support other functions such as fin-tech, online education, and contact tracing to advance the ongoing response to the COVID-19 pandemic.DFC's investments are also helping advance **DFI collaboration on infrastructure development** to bolster private sector investment in shared priority sectors including climate, health, gender equality, and digital connectivity.
 Investment Stories
      
      Supporting resilient telecommunications infrastructure
    Strengthening logistics in Nepal
    Helping rural Kenyans and Ugandans purchase essential household goods
    Strengthening digital logistics and shipping in Pakistan and Egypt
    Tackling a critical need for data center infrastructure across Africa
    Improving farm productivity in India with digital solutions
    Leveraging technology to improve access to capital for small businesses in Africa and Asia
    Mobilizing growth capital in Nepal
    Expanding mobile connectivity in Sub-Saharan Africa
    Helping a women-owned business expand access to women’s health and sanitation products Hands typing on a laptop
In 2022, the United States, Japan, and Australia renewed the Trilateral Infrastructure Partnership (TIP) to jointly support sustainable economic growth and development across the Indo-Pacific region. The resulting projects reflect these partners’ shared values, emphasize transparency, and respect the sovereignty and individual needs of countries in the region.
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    Motorcycle on the streets of Kathmandu, Nepal
DFC—through its equity investment in Dolma Impact Fund II—is supporting an investment in the business-to-business logistics provider Upaya City Cargo Pvt. Ltd. Upaya offers an app with a logistics solution for a variety of services, including ride-hailing, inner-city deliveries, last-mile deliveries, sorting and bundling services, warehousing services, and long-distance bulk deliveries around the country.
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    Copia sales agent with customer
DFC has invested $10 million in equity in Copia Global, Inc., a nine-year-old e-commerce startup, to help it expand its online retail model with an emphasis on reaching the mass market consumer in Africa. DFC’s equity investment helped mobilize over $40 million of additional third-party capital to support Copia’s growth.
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    Cargo ship in ocean
A DFC partial loan guaranty with Almavest Ltd. (ALMA), in collaboration with USAID Pakistan and USAID Egypt, will help Trella Holdings BV strengthen its fast-growing digital logistics business in Egypt and Pakistan to map more efficient routes and connect more shippers and truckers.
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    Data center wires
DFC provided financing to Africa Data Centres Holdings Limited to support the development, expansion, and operation of seven data centers in South Africa, Kenya, and other DFC-eligible countries. This $300 million direct loan will unlock approximately 31.3 MW of IT load capacity in the next three years. The project is also expected to create over 100 direct formal jobs associated with developing the data centers.
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    Indian farmer using mobile phone
A DFC investment in Chiratae Ventures International Fund IV LLC is supporting investments in multiple technology companies, including Agrostar, which offers an agri-tech platform to help millions of farmers access information and expert advice and purchase the seeds, fertilizers, and other inputs to help them increase yields and reach larger markets.
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    Woman smiling and holding basket
A loan to Lendable Inc. is supporting the creation of the Lendable Fintech Credit Fund I, which will provide loans to fin-tech companies across Africa and Asia. These fin-tech companies will use innovative technologies such as digital banks and mobile investment accounts to provide credit, working capital, remittances, and payment solutions to underserved customers and MSMEs in target countries.
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    Nepalese woman using tablet
A DFC equity investment in Dolma Impact Fund II will support investments in healthcare, renewable energy, and technology. Dolma Fund Management, the first private equity fund manager dedicated to investing in Nepal, will target investments that reduce dependence on imported energy, help mitigate the impacts of flood, landslide, and drought on its largely agrarian economy, while promoting the introduction of technology that promotes financial inclusion.
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    photo, man on telecom tower
$100 million in financing is helping Africell expand affordable mobile voice and data services in The Gambia, Sierra Leone, Uganda and the Democratic Republic of the Congo, and upgrade its network equipment to accommodate increased traffic. The World Bank estimates that a 10 percent increase in mobile phone technology coverage in developing countries will increase annual economic growth by 1.2 percent, and that a 10 percent increase in broadband penetration results in a 1.4 percent increase in annual economic growth in low and middle-income countries.
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    kasha delivery driver on motor bike
Equity financing is helping the women-owned and women-led e-commerce business Kasha, expand its business selling personal care products to women in Kenya and Rwanda. Kasha offers an online store accessible through basic mobile phones, where consumers can browse, order, make payment and arrange for delivery. The company also works with a network of agents, most of them community health workers, who reach out to women in more remote areas to assist them with their purchases. To date, the company has served 70,000 customers, most of them low-income women.
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