Empowering Guinea’s Economic Resilience through Private Sector Partnerships
ID: 357766Type: Posted
Overview

Buyer

Guinea USAID-Conakry (USAID-GUI)

Award Range

$4M - $18M

Eligible Applicants

Unrestricted

Funding Category

Agriculture

Funding Instrument

Cooperative Agreement

Opportunity Category

Discretionary

Cost Sharing or Matching Requirement

Yes
Timeline
    Description

    The U.S. Agency for International Development (USAID) is offering a funding opportunity titled "Empowering Guinea’s Economic Resilience through Private Sector Partnerships," aimed at enhancing economic stability in the Kankan and N'Zerekore regions of Guinea. This initiative seeks to foster public/private partnerships that focus on agricultural value chain development, youth employment, infrastructure improvement, and equitable economic benefits from mining activities, all under the U.S. Government Strategy to Prevent Conflict and Promote Stability framework. The program, which will unfold over five years in two phases, requires substantial private sector investment with funding ranging from $3.5 million to $17.5 million, and interested organizations must submit concept papers by February 28, 2025. For further inquiries, applicants can contact Bernadette Daluz at bdaluz@usaid.gov.

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    Title
    Posted
    The U.S. Agency for International Development (USAID) is calling for private sector collaboration to enhance economic resilience in Guinea, focusing on the Kankan and N'Zerekore regions. The funding opportunity, under Notice No. 72067525RFA00001, invites organizations to submit concept papers by February 28, 2025. The initiative, lasting five years, will unfold in two phases: a pilot phase in Kankan followed by a broader implementation in both regions, promoting strategic partnerships to tackle economic fragility. The program aims to address political instability, ethnic divisions, and the underdevelopment of agricultural potential by fostering private sector engagement, economic diversification, capacity building, and inclusive growth. Key objectives include job creation, risk mitigation, educational training, infrastructure development, and ensuring equitable economic opportunities for marginalized groups. Successful proposals must demonstrate substantial private sector investment, with co-funding expected between $3.5 to $17.5 million. As part of the application process, interested parties are encouraged to engage in co-creation workshops with USAID to finalize their program designs. This effort aligns with the U.S. Strategy to Prevent Conflict and Promote Stability, emphasizing cooperation with local entities to develop sustainable economic practices and resilience in vulnerable communities throughout Guinea.
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