Call For Proposal 2013 - AfDB: For Migration and Development Fund
Tuesday, December 11, 2012
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Closing Date: February 28,2012.
The African Development Bank
Group (AfDB) is pleased to announce the 3rd call for proposals of the Migration
and Development Fund (MDF). Award amounts will range from 350,000 EUR to
500,000 EUR per project.
We invite not-for-profit
organizations, such as migrant associations and NGOs working on migration and
development related activities, as well as for profit entities such as
financial institutions, money transfer operators, business development
companies, etc. from West Africa to apply.
The Migration and Development
Fund under this call for proposals will finance new and innovative ways to
reduce the costs of remittances in the West African Economic and Monetary Union
(WAEMU). Other countries within the Economic Community of West African States
(ECOWAS) region will be considered on a case by case basis.
This call for proposals aims to
strengthen and support the development of new and innovative financial products
and services which reduce the high cost of money transfers by migrants and
diversifies the supply of existing financial solutions to meet the expectations
of both migrants and their families in the countries of origin.
Examples of projects are those
that:
§
Provide support for the launching of innovative
pilot transfer operations using Information and Communication Technologies such
as mobile telephones, electronic banking and payment cards
§
Provide financial and/or institutional support
for: (i) the launching of pilot remittance transfer operations involving MFIs;
(ii) incentives for the regrouping of other complementary operators (telephony,
banks, MFIs and local agents), and (iii) increased use of the banking system
through the introduction of insurance (health, repatriation of remains,
unemployment transfers), real estate and savings enhancement products
§
Health cost sharing projects like health
insurance schemes, mutualities or HMO’s (Health Maintenance Organizations)
§
Support novel approaches to improve access to
banking services for migrants in their home and destination countries (e.g.
non-resident bank accounts)
§
Non-bank financial products and services and
collective investment schemes by migrant associations
Source and More Information, Visit this Link.
Categories:
Call For Proposal,
Request For Proposal
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