"Development Marketplace for the African Diaspora in North America" (DMADA)
On February 27, 2009, the Africa Region of the World Bank will launch the "Development Marketplace for the African Diaspora in North America" (DMADA), as part of its ongoing "Mobilizing the African Diaspora for Development" initiative.
DMADA will be implemented by the World Bank, with the active support of the International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA). The Program will seek proposals from members of the African Diaspora living in the USA and Canada, who wish to implement projects related to Youth & Employment in Sub-Saharan Africa countries.
Why Youth & Employment? The World Bank's 2008-09 Africa Development Indicators defines Youth as those between the ages of 15 and 24. There are 200 million Youth in Africa, of whom approximately 120 million are unemployed and 144 million live on less than $2 a day. To escape poverty, many young people look for better opportunities by migrating to urban areas. This increases the strain for jobs in cities without necessarily improving the job conditions of those left in rural areas. It also impacts provision of public goods, education, utilities, housing and infrastructure and affects demographic and skills composition in both urban and rural areas. Youth in Africa are not a homogeneous group and their employment prospects vary according to region, gender, age, educational level, ethnicity and health status. However, the typical African youth, as given by medians, is an 18.5-year-old female, living in a rural area and literate, but not attending school.
DMADA seeks to address the challenges of youth employment in a sustainable manner and will therefore accept proposals on expanding job opportunities, supporting entrepreneurship, improving access to education, addressing demographic issues such as young motherhood and the provision of public services, infrastructure and health.
Who Is Eligible? Members of the African Diaspora living in the United States and Canada can submit a proposal through a legally registered organization or enterprise (foundations, research institutes, academic institutions, non-government organizations and private business). Proposals must be related to Youth & Employment, demonstrate both commercial and social benefits and begin implementation in one or more African country within 12 months of signing the grant agreement with the World Bank. Applicants are required to partner with a legally registered organization based in the specific African country in which the project is to be implemented. Detailed guidelines related to the competition, eligibility criteria and other related information will be posted on the DMADA website closer to the launch date.
Tentative Timelines: - Program Launch: February 27, 2009 - Proposal Intake: March & April 2009 - Proposal Assessments: May to July 2009 - Announcement of Finalists: August 2009 - Preparation of Finalists for the Marketplace: September 2009 - Marketplace: October 2009 - Grant Disbursements & Finalizing Agreements: November & December 2009 - Project Implementation: January to December 2010
How Can You Participate? DMADA will be launched on February 27, 2009. For more information please visit the link at the bottom of this page where further details will soon be made available. Please also forward this document to all your associates who may be interested in applying to the Program.
www.worldbank.org/afr/diaspora/DMADA
DMADA will be implemented by the World Bank, with the active support of the International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA). The Program will seek proposals from members of the African Diaspora living in the USA and Canada, who wish to implement projects related to Youth & Employment in Sub-Saharan Africa countries.
Why Youth & Employment? The World Bank's 2008-09 Africa Development Indicators defines Youth as those between the ages of 15 and 24. There are 200 million Youth in Africa, of whom approximately 120 million are unemployed and 144 million live on less than $2 a day. To escape poverty, many young people look for better opportunities by migrating to urban areas. This increases the strain for jobs in cities without necessarily improving the job conditions of those left in rural areas. It also impacts provision of public goods, education, utilities, housing and infrastructure and affects demographic and skills composition in both urban and rural areas. Youth in Africa are not a homogeneous group and their employment prospects vary according to region, gender, age, educational level, ethnicity and health status. However, the typical African youth, as given by medians, is an 18.5-year-old female, living in a rural area and literate, but not attending school.
DMADA seeks to address the challenges of youth employment in a sustainable manner and will therefore accept proposals on expanding job opportunities, supporting entrepreneurship, improving access to education, addressing demographic issues such as young motherhood and the provision of public services, infrastructure and health.
Who Is Eligible? Members of the African Diaspora living in the United States and Canada can submit a proposal through a legally registered organization or enterprise (foundations, research institutes, academic institutions, non-government organizations and private business). Proposals must be related to Youth & Employment, demonstrate both commercial and social benefits and begin implementation in one or more African country within 12 months of signing the grant agreement with the World Bank. Applicants are required to partner with a legally registered organization based in the specific African country in which the project is to be implemented. Detailed guidelines related to the competition, eligibility criteria and other related information will be posted on the DMADA website closer to the launch date.
Tentative Timelines: - Program Launch: February 27, 2009 - Proposal Intake: March & April 2009 - Proposal Assessments: May to July 2009 - Announcement of Finalists: August 2009 - Preparation of Finalists for the Marketplace: September 2009 - Marketplace: October 2009 - Grant Disbursements & Finalizing Agreements: November & December 2009 - Project Implementation: January to December 2010
How Can You Participate? DMADA will be launched on February 27, 2009. For more information please visit the link at the bottom of this page where further details will soon be made available. Please also forward this document to all your associates who may be interested in applying to the Program.
www.worldbank.org/afr/diaspora/DMADA
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