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MFDP Categorically Denies Calling for Project Proposals under a so-called Ministry of Finance and Development Planning and Affirmative Finance Action for Women in Africa (AFAWA) Project.

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Monrovia, Liberia - The Ministry of Finance and Development Planning has categorically denied calling for project proposals under the so-called MFDP/Affirmative Finance Action for Women in Africa (AFAWA) project.

The individuals purporting to be the legitimate AFAWA do not represent this reputable entity which leverages the African Development Bank’s financial instruments and utilizes innovative solutions drastically transform the banking and financial landscape in Africa.

The fictitious request for proposals claims in an online publication, “Within the framework of the Department of Finance, the partnership is looking to support projects which intends to enhance the viability and sustainability of formal SMEs and allow them to access financing opportunities to grow their businesses.”

It stated further, “we encourage business associations, incubators, accelerators, formal cooperatives, eligible civil society organizations and other legal entities to share proposals aligned with the objectives and themes set out below.”

The Ministry strongly denies any connection whatsoever to this this bogus and criminal enterprise masquerading as AFAWA and terms it as an attempt to exploit and defraud unsuspecting members of the public.

Furthermore, the Ministry of Finance and Development Planning further denies that it is in no collaboration whatsoever with AFAWA soliciting funding requests for a specific project minimum threshold of $100,000 and the maximum threshold of $750,000.

The Ministry of Finance through this medium also wants to bring to the attention of the public that a fake account was created by those in this criminal enterprise to facilitate the act: This email address is being protected from spambots. You need JavaScript enabled to view it.., and that the signature of the Deputy Minister of Budget and Development Planning Hon. Tanneh G. Brunson was also fraudulently copied in that bogus publication

Meanwhile, the Finance Ministry continues to alert members of the public about these dubious schemes aimed at swindling unsuspecting folks.

The Ministry hereby informs the public that all of its official pronouncements are always published on the Ministry’s official website (www.mfdp.gov.lr) as well as its official Facebook page. Moreover, everyone is asked to verify information with the relevant authorities before engaging in any financial transactions in the name of the Ministry.

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15 July 2024
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Monrovia, Liberia - The Ministry of Finance and Development Planning through the Reform Coordination Unit has climaxed a three-day working session on the Public Financial Management Strategy and Action Plan.

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