Grants / Department of State / U.S. Mission to Malawi

AF-MWI-FY22-01: Transparency in Debt Accrued by State-Owned Enterprises

Closed Closed July 15, 2022 Opportunity AF-MWI-FY22-01 ☆ Save

This grant is closed. Who won this program's grants before is below, and similar open grants are at the end of the page. It is in our archive of U.S. Mission to Malawi notices from 2022.

• Award ceiling$50,000
• Total funding$50,000
• Expected awards20
• Cost sharingNot required
• Funding typeGrant

Key dates

Who can apply

This opportunity was open to nonprofits.

• Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education

Not-for-profit organizations, including civil society/non-governmental organizations, public and private educational institutions, individuals, public international organizations, and governmental institutions.

More grants for nonprofits.

Is this a realistic fit?

• Past Fiscal Transparency Innovation Fund awards averaged $291,790; this notice allows up to $50,000 per award.
• No cost sharing or match is required.

What the grant funds

U.S. Embassy Lilongwe announces this Notice of Funding Opportunity (NOFO) for a Fiscal Transparency Innovation Fund (FTIF) grant up to $50,000 to examine debt accrued by state owned enterprises (SOEs) in Malawi. The project will result in an increase in transparency and public oversight of SOE debt. Increased transparency will benefit the Malawian economy by compelling the SOEs, which account for a large part of the country’s economic activity, to run more efficiently and to reduce irresponsible and possibly corrupt debt accruement. The period of performance is maximum of twenty-four monthsU.S. Embassy Lilongwe announces this Notice of Funding Opportunity (NOFO) for a Fiscal Transparency Innovation Fund (FTIF) grant up to $50,000 to examine debt accrued by state owned enterprises (SOEs) in Malawi. The project will result in an increase in transparency and public oversight of SOE debt. Increased transparency will benefit the Malawian economy by compelling the SOEs, which account for a large part of the country’s economic activity, to run more efficiently and to reduce irresponsible and possibly corrupt debt accruement. The period of performance is maximum of twenty-four months. Malawi has 71 SOEs that play a significant role in the economy and that provide important public goods like water, electricity, and education. SOEs are also involved in regulation, fair trade enforcement, and quality assurance. However, SOE finances are opaque and overall statistics on profits and losses are not easily available. SOEs can take on debt to cover losses, and the government of Malawi has on occasion used general budget funds to pay down SOE debt. The Ministry of Finance and Economic Affairs annual debt report provides limited information on loan guarantees to SOEs and debt levels or payment status. The lack of transparency in the accrual and payment of SOE debt makes public oversight of SOE finances very difficult for watchdog civil society organizations (CSOs) and journalists. The U.S. Department of State 2021 Fiscal Transparency Report states that Malawi’s fiscal transparency would be improved by disclosing all SOE debt.

Category: Law, Justice and Legal Services.

Applying now

This notice no longer takes applications. Agencies often post the same opportunity again under a new number, so check the program's notices on Grants.gov and the similar open grants below.

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