Corporate

USAID is supporting Haitian farmers through the Coca-Cola Haiti Hope Project, a public-private initiative to develop a sustainable mango industry in Haiti.

Steve Zhou

The private sector brings capital, global reach, visibility, greater impact, increased scale, and promotes private sector-led economic growth that help improve incomes and reduce poverty.

Collaborating with the business community brings forward new solutions to age-old global development challenges. For example:

• Building public-private partnerships to help lift farmers from poverty while strengthening a company like Walmart’s supply chain.
• Providing IT education to local entrepreneurs who in turn will create small businesses and markets for U.S. products.
• In Kenya our Development Innovation Ventures (DIV) fund is supporting Sanergy, an ingenious social enterprise started by MIT MBA graduates. Sanergy has pioneered a sustainable sanitation solution in Kenya’s urban slums that converts waste to organic fertilizer and biogas energy – for a profit.
• USAID’s Development Credit Authority (DCA) is encouraging the flow of local private capital in Egypt with a $34 million credit guarantee that will mobilize capital for small businesses to spur economic growth following the turmoil of the Arab Spring.
• Foreign direct investment in African projects has been steadily increasing in recent years. USAID's Private Capital Group for Africa (PCGA) works with various sources of private capital to facilitate greater investment in Africa.
• In Rwanda, we cut the time it takes to register a business from 18 to three days and reduced fees by 95 percent.  

We are committed to improving the business environment in developing countries; helping companies find profit opportunities abroad; and making markets work for the poor.

Contact us at globalpartnerships@usaid.gov for more information.