DOS-AF-MWI-FY24-01
Closed Posted
- Opportunity number
- OFOP0002208
- Agency
-
US Embassy Lilongwe
US Consulates and Embassies, Department of State
- Applications due
- Award size
- $781,854
Opportunity facts
- Assistance listings
- Funding instrument
- Grant
- Category
-
- Business and Commerce
- Eligible applicants
-
- Other
- Points of contact
-
- John Matsen lilongweftif@state.gov +265887010655
- Full announcement
Opportunity details come from Grants.gov. Updated .
About this opportunity
The U.S. Embassy Lilongwe is seeking grant applications for the Fiscal Transparency Innovation Fund to promote transparency in Malawi's extractive sector and government borrowing. The Department of State's Bureau of Economic and Business Affairs is targeting non-profit organizations with the goal of enhancing public access to information on mining licensing, contract awarding, beneficial ownership, mining revenue collection, and public debt. Key objectives include improving transparency in natural resource contracts, curtailing illicit practices through beneficial ownership monitoring, and enhancing fair taxation and mining revenue utilization. The program aims to strengthen Malawi's compliance with Extractive Industries Transparency Initiative international standards and support investors by reducing investment risk. The grant opportunity was posted on July 25, 2025, with a proposal due date of August 25, 2025, and applicants should focus on developing standards for national debt data publication and increasing transparency of Malawi's debt situation.
The grant opportunity offers up to $781,854 in Fiscal Year 2024 Economic Support Funds, with a maximum performance period of twenty-four months. The project will be implemented entirely in Malawi, targeting improvements in the country's extractive sector and public financial management. The funding is designed to create a more stable business environment by promoting fiscal discipline, ethical business practices, and fair competition. Eligible applicants include non-profit organizations with and without 501(c)(3) exempt status. The ultimate goal is to enhance parliamentary and public oversight of government borrowing and create more transparent mechanisms for mining sector governance.
Synopsis
U.S. Embassy Lilongwe announces this Notice of Funding Opportunity for a Fiscal Transparency Innovation Fund grant up to $781,854 in FY 2024 Economic Support Funds to be awarded (pending availability of funds) to promote transparency in Malawi's extractive sector and the impact of mining revenues on government borrowing. The program aims to enhance public access to information on mining licensing and contract awarding, beneficial ownership, mining revenue collection, and public debt. The program will result in, among other things, 1. improving transparency in awarding natural resource contracts and licenses, and public debt management; 2. curtailing illicit practices and corruption through monitoring of beneficial ownership; and 3. enhancing fair taxation, prudent mining revenue utilization, and community impact of the mining projects. These will help strengthen Malawi's compliance with Extractive Industries Transparency Initiative international standards, supporting investors in making well-informed investment decisions, reducing investment risk, and building investor confidence. This project will enhance public debt transparency in Malawi by developing a standard for national debt data publication and publishing increased information about Malawi's debt situation. Improved public debt transparency will strengthen parliamentary and public oversight over excessive government borrowing, a key driver of Malawi's economic instability. Public access to mining information and public debt data will also enhance fiscal discipline and promote ethical business practices, creating a more stable business environment and encouraging fair competition for all players in the sector. The period of performance is a maximum of twenty-four months.
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