# Bolstering the Ability of African Governments to Conduct Sovereign Debt Negotiations

Source: https://welltoldgrants.com/grants/dos-abj-fy23-02-bolstering-the-ability-of-african-governments-to-conduct/  
Official notice: https://www.grants.gov/search-results-detail/349167

> U.S. Mission to Cote d Ivoire offered grants of up to $4.9 million (at least $4.0 million) to the applicants described in the notice. It expected to make one award worth $4.9 million in total. Applications closed on August 10, 2023.

| Field | Value |
|---|---|
| Opportunity number | DOS-ABJ-FY23-02 |
| Agency | U.S. Mission to Cote d Ivoire |
| Status | Forecast |
| Deadline | August 10, 2023 |
| Award ceiling | $4.9 million |
| Award floor | $4.0 million |
| Expected awards | 1 |
| Total funding | $4.9 million |
| Cost sharing | not required |
| Assistance Listings | 19.989 |

## Who can apply

- Others (see text field entitled "Additional Information on Eligibility" for clarification)

U.S.-based non-profit/non-governmental organizations subject to section 501(c) (3) of the U.S. tax code; foreign-based non-profit organizations/nongovernment organizations (NGO); Public International Organizations; Foreign Public Organizations; and private, public, or state institutions of higher education.

## What the grant funds

U.S. Embassy Abidjan announces an Open Competition for organizations interested in submitting applications for projects that support the provision of transaction advisory services and capacity-building to African governments in their dealings with non-traditional official lenders. U.S. Embassy Abidjan announces an open competition for organizations to submit applications to carry out a new project designed to bolster the ability of African governments to negotiate effectively with non-traditional official lenders on sovereign debt and commercial transactions. Priorities include the provision of transaction advisory services and capacity-building activities for African government entities. Priority region is Africa. Locations for proposed activities would be selected in consultation with African host governments receiving the transaction advisory services and capacity-building programs. In line with the Department of State-USAID Joint Regional Strategy objective to “improve economic governance and regional integration for trade and investment, including the implementation of the African Continental Free Trade Agreement,” projects should bolster the ability of African governments to negotiate effectively with non-traditional official lenders. Projects should be designed to achieve the following U.S. Embassy Policy/Program Objectives: Objective 1: Empower host governments to negotiate effectively with non-traditional official lenders. Objective 2: Enhance African debtor countries’ understanding of debt contracting with non-traditional official lenders.

## Questions people ask

### Is DOS-ABJ-FY23-02 still open?

No. It closed on August 10, 2023. A newer notice is open: DFOP0019410, closes May 31, 2027 (205 days left).

### Who can apply for Bolstering the Ability of African Governments to Conduct Sovereign Debt Negotiations?

U.S. Mission to Cote d Ivoire accepted applications from the applicants described in the notice. The notice adds further conditions, so read its eligibility section.

### What is the deadline for Bolstering the Ability of African Governments to Conduct Sovereign Debt Negotiations?

Closed August 10, 2023. Applications are no longer accepted; the program's newer notices are on this page when there are any.

### How much funding is available?

Awards of up to $4.9 million each. About $4.9 million in total for one award.

### Who has won State/African Regional - Other Economic Support Funds (ESF) Projects/Programs grants before?

The largest recipients over five fiscal years were African Legal Support Facility, United Nations Educational, Scientific and Cultural Organisation, Miscellaneous Foreign Awardees. The program made 34 awards worth $17.3 million in that time.