Strengthened Networks of Regional Market Information Systems and Traders' Organizations in West Africa

The summary for the Strengthened Networks of Regional Market Information Systems and Traders' Organizations in West Africa grant is detailed below. This summary states who is eligible for the grant, how much grant money will be awarded, current and past deadlines, Catalog of Federal Domestic Assistance (CFDA) numbers, and a sampling of similar government grants. Verify the accuracy of the data FederalGrants.com provides by visiting the webpage noted in the Link to Full Announcement section or by contacting the appropriate person listed as the Grant Announcement Contact. If any section is incomplete, please visit the website for the Mali USAID Bamako, which is the U.S. government agency offering this grant.

Strengthened Networks of Regional Market Information Systems and Traders' Organizations in West Africa: The purpose of a MIS, or a network of MISs, is to educate the traders, producers and consumers about the market. A better understanding of the market should lead to informed decision making, resulting in higher profits for producers and traders as well as lower prices for consumers. In effect, the result would be increased trade based food security, achieved by providing commercially relevant and timely information to promote cross border trade. Current market information enables farmers to negotiate with traders from a position of greater strength and encourages an efficient distribution of products between markets. Increasing the capacity of traders organizations is seen as key in the development of a regional market information system that must respond to commercial needs, and not academic or bureaucratic exigencies.