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Event
01
Dec
Funding opportunity: Responsible Inclusive Finance Facility, Sub-Saharan Africa/Middle East and North Africa (RIFF-SSA/MENA)
Monday, November 1, 2021
Application Deadline / Date Limite pour Postuler
The next application deadline is 1 December 2021. If you miss this deadline, your application will be considered during the third quarter of 2021.
La prochaine date limite pour postuler est le premier décembre 2021. Si vous posez votre demande après cette date, votre soumission sera considérée pendant le troisième trimestre de l’année 2021.
An Update on Funding/ Une Mise à Jour sur le Financement
SPTF is pleased to announce that it has secured funding that allows this facility to make grants in 2021 to applicants from all countries in Africa. However, it does not have funding for projects in the Middle East.
La SPTF est heureuse d’annoncer qu’un financement a été obtenu pour permettre à la Falicité d’accorder des subventions en 2021, à des candidats de tous les pays d’Afrique. Nous avons le regret, cependant, de vous informer que nous n’avons pas de financement pour des projets en provenance du Moyen-Orient.
Overview
The Responsible Inclusive Finance Facility (RIFF) is a project managed by SPTF and funded by the Agence Française de Développement, the Swiss Agency for Cooperation and Development (SDC), and the Government of Luxembourg via The Financial Inclusion Fund administered by the European Investment Bank (EIB). The purpose of the RIFF is to strengthen the social performance management (SPM) practices, including client protection practices, of financial institutions in sub-Saharan African (SSA) and the Middle East and North African (MENA). RIFF began operating in January 2015 and currently is funded through December 2023.
Between 2015 and 2020, the RIFF was able to support projects both in the Middle East and Africa. Beginning in 2021, however, the RIFF has funding only for Africa. SPTF is actively seeking additional donors, including those interested in supporting projects in the Middle East, but there are no guarantees these efforts will be successful.
The RMF will offer trainings and provide co-financing to providers for certain activities.
- Trainings. 1. three-day introductory training on responsible inclusive finance; 2. training client protection assessors; 3. training SPI4 auditors; 4. training technical assistance (TA) providers on client protection; 5. training TA providers on all other elements of SPM.
- Activities eligible for co-financing. 1. accompanied SPI4 assessment plus additional support; 2. client protection assessment; 3. an upgrade project chosen by the provider; 4. upgrade project to improve digital financial services (available now!) 5. specialized training for the provider on an aspect of SPM of its choosing; 6. specialized training for digital transformation of FSPs (available now!) 7. client protection certification and/or social rating
The RIFF-SSA/MENA will also develop a select number of new SPM resources to highlight learnings from the field.
- Region Africa
- Language English
- Keywords Inclusive Finance