Bolstering the Ability of African Governments to Conduct Sovereign Debt Negotiations

U.S. Embassy Abidjan announces an Open Competition for organizations interested in submitting applications for projects that support the provision of transaction advisory services and capacity-building to African governments in their dealings with non-traditional official lenders. U.S. Embassy Abidjan announces an open competition for organizations to submit applications to carry out a new project designed to bolster the ability of African governments to negotiate effectively with non-traditional official lenders on sovereign debt and commercial transactions. Priorities include the provision of transaction advisory services and capacity-building activities for African government entities. Priority region is Africa. Locations for proposed activities would be selected in consultation with African host governments receiving the transaction advisory services and capacity-building programs. In line with the Department of State-USAID Joint Regional Strategy objective to “improve economic governance and regional integration for trade and investment, including the implementation of the African Continental Free Trade Agreement,” projects should bolster the ability of African governments to negotiate effectively with non-traditional official lenders. Projects should be designed to achieve the following U.S. Embassy Policy/Program Objectives: Objective 1: Empower host governments to negotiate effectively with non-traditional official lenders. Objective 2: Enhance African debtor countries’ understanding of debt contracting with non-traditional official lenders.