The U.S. Agency for International Development (USAID) has awarded a $1,500,000 Project Grant under the Foreign Assistance for Programs Overseas (CFDA 98.001) program to Givedirectly Inc., a non-profit organization, to test phone-based targeting for urban social protection initiatives in Malawi. The 3-year project, which commenced on September 25, 2024 and is scheduled for completion by September 24, 2027, will focus on leveraging digital platforms and data collection methods to provide direct...
The US Agency for International Development (USAID) awarded a $2 million Project Grant under its Foreign Assistance for Programs Overseas program (CFDA 98.001) to the African Development Bank Group SA (AfDB) on July 18, 2022. The grant supports AfDB's work building climate resilience in African Union countries through January 2, 2023. Specifically, the funding enables AfDB to assist countries in developing comprehensive disaster risk management strategies that incorporate climate risks. The...
The U.S. Agency for International Development (USAID) awarded a $1,000,000 Project Grant under the USAID Foreign Assistance for Programs Overseas (CFDA 98.001) program to Accial Capital Management LLC. The purpose of the grant is to foster financial inclusion by providing innovative credit solutions to underserved markets through fintech lenders, with a focus on micro, small, and medium-sized enterprises (MSMEs) in emerging markets. Accial Capital aims to utilize cutting-edge technology,...
The U.S. Agency for International Development (USAID) awarded a $255,000 Project Grant under the USAID Foreign Assistance for Programs Overseas (CFDA 98.001) program to Paon Bleu S.A., a for-profit organization, to test a model for connecting individual diaspora investors to their home communities in Haiti. The goal is to generate viable returns on investment and promote financial inclusion through credit for resilience in local communities. The project will allow local financial institutions to...
This Project Grant award for $2,000,000.00 was provided by the U.S. Agency for International Development (USAID) through the USAID Foreign Assistance for Programs Overseas (CFDA 98.001) federal grant program. The award was granted to The Impact Facility, a non-profit organization based in the UK, to support international development and humanitarian assistance initiatives in the Democratic Republic of the Congo. The grant will fund activities from December 2024 through June 2026 to advance...
The U.S. Agency for International Development (USAID) awarded a $200,000 Project Grant under the USAID Foreign Assistance for Programs Overseas program (CFDA 98.001) to Valala Farm, a for-profit limited liability company, to evaluate a market-ready, least cost instant cricket powdered-fortified porridge and crispbread product that is intended to address the nutritional requirements and diet habits of primary school-aged children in Madagascar. The grant period runs from September 1, 2023, to...
This $1,852,032 Project Grant award from the U.S. Agency for International Development (USAID), under the Foreign Assistance Program (CFDA 98.001), supports the activities of the Taskforce on Nature-Related Financial Disclosures (TNFD). The TNFD aims to encourage and enable businesses and financial institutions to assess, report, and act on their nature-related impacts, dependencies, risks, and opportunities. This effort seeks to shift global financial flows away from nature-negative outcomes...
The U.S. International Development Finance Corporation (DFC) awarded a $1,507,192 Project Grant under the Technical Assistance and Feasibility Studies program (CFDA 87.101) to Solidarite Internationale Pour LE Developpement Et L'Investissement, a for-profit organization based in Paris, France. The grant, awarded on Aug 20, 2024, focuses on providing technical assistance and feasibility studies to microfinance institutions (MFIs) and agricultural entities in Africa, with a performance period from...
This $500,000 Project Grant award from the U.S. Agency for International Development (USAID) under the USAID Foreign Assistance for Programs Overseas (CFDA 98.001) program provides funding to Cauris, Inc., an impact investing firm that offers senior secured credit facilities to fintech companies in Africa. The funding will support Cauris' mission to expand access to finance for over 10 million small businesses and entrepreneurs in Africa. Led by a seasoned team of fintech investors and...
The U.S. International Development Finance Corporation (DFC) has awarded a $500,000 Project Grant under the Technical Assistance and Feasibility Studies program (CFDA 87.101) to SFC Finance LIMITED, a for-profit organization based in Mauritius. The grant will support the provision of environmental, social, governance (ESG), energy, governance, and operational advisory services to 43 portfolio companies in the Africa regional market over a period of 5 years, from July 2024 to May 2029. The...