Expression of Interest For Consultancy Services To Support Development Of Financial Sector Infrastructure (Credit Information System And Collateral Registry)
Expression of Interest For Consultancy Services To Support Development Of Financial Sector Infrastructure (Credit Information System And Collateral Registry)
Arab World1,Common Market for Eastern and Southern Africa, COMESA,Middle East and North Africa, MENA,African Union
10-11-2024
Work Detail
Expression of Interest for Consultancy Services to Support Development of Financial Sector Infrastructure (Credit Information System And Collateral Registry) for the Central Bank of Somalia The services included under the Phase 1 of the HDMI project, aims to strengthen development of more deeply integrated economies across the Horn of Africa region, through creation of a single digital market across Djibouti, Ethiopia, Somalia, South Sudan and Sudan. These align with the IGAD Strategy (20212025), IGAD Regional Infrastructure Master Plan, African Union (AU) Agenda 2063, AU Digital Transformation Strategy for Africa (2020-2030) and AfDBs High 5 priorities, notably, Integrate Africa. Specifically, the HDMI project aims to enhance national digital services platforms, as detailed in the Eastern Africa Regional Integration Strategy Paper (RISP) and Country Strategy Papers (CSPs). The eligibility criteria, short-listing and selection procedure will follow the African Development Banks Procurement Policy for Bank Group Funded Operations, October 2015, which is available on the Banks website at http://www.afdb.org. Hdmi Project, the Federal Government of Somalia is Focused on Assessing and Bridging Gaps at Both the Policy and Technological Levels as Well as Institutional Capacity to Establish the Groundwork for Implementing a Credit Information System (CIS) and a Collateral Registry (CR). This Involves Gaining a Detailed Understanding of the Countrys Credit Landscape, including Assessment of Credit-Related Risks in Financial Institutions Regulated by the Central Bank of Somalia, as Well as Evaluating Adequacy of Collaterals and Potential Role of a Collateral Registry for These Assets Tender Link : https://igad.int/consultancies/
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