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Co-funded by the European Union

Institutional gender mainstreaming and strengthening of gender-lens investing activities in Tanzania

Location

Tanzania

Topic

Access to Finance, Development Finance Institutions, Small and Medium Enterprises and Start-Ups, Women's Economic Empowerment

Beneficiary

TIB Development Bank

Status

Implementation

Year

2024-2025

Context

The economic reforms of the 1990s highlighted the lack of long-term funding as it was not offered by any of the commercial and financial institutions operating in Tanzania at the time. The Government of Tanzania therefore re-designated TIB as a Development Finance Institution (DFI) in 2005 to provide affordable development financing for an inclusive, diversified, vibrant and competitive national economy. The bank has completed the process of transformation into a DFI with an engagement focus centred primarily on infrastructure, industrialization, oil gas, mining, agriculture, tourism, and the services (Health and Education) sector. 

The collaboration results will feed into the review of the five-year plan 2021-2025 and allow incorporating gender aspects in the planning process. 

Objective

The ICR Facility is providing tailor-made technical assistance to TIB to strengthen its internal gender operations and client-facing gender-lens investing activities, ultimately to better serve women-led MSMEs with improved access to finance. 

Expected Results

Upon completion of this intervention, TIB will have: 

  • Conducted an institutional gender assessment 
  • Developed a gender policy, gender strategy, and action plan 
  • Amended the existing M&E framework to become gender-responsive 
  • Better overview of international funding opportunities 
  • Equipped staff members with capacity building on the revised M&E system 
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