Tender Details

Country: Somalia
Summary: Evaluating Somali ICT and Energy Firms' Investment Readiness and Implementing Key Recommendations
SOT Ref No: 131682399
Deadline: 17 Dec 2025
Financier: World Bank (WB)
Purchaser Ownership: Government
Tender Value: Refer Document
Notice Type: Tender
Document Ref. No.: 0002019918
Purchaser's Detail:
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Description:
TheInternational Finance Corporation (IFC), a member of the World Bank Group, isthe largest global development institution focused on the private sector inemerging markets. We work in more than 100 countries, using our capital,expertise, and influence to create markets and opportunities in developingcountries. In fiscal year 2025, IFC committed a record $71.7 billion to privatecompanies and financial institutions in developing countries, leveragingprivate sector solutions, and mobilizing private capital to create a world freeof poverty on a livable planet.IFC,through its Advisory project—the Somali Investment Readiness—seeks to engage areputable Consultancy Firm (“the Firm”) to evaluate the investment readiness ofselected Energy and Information and Communication Technology (“ICT”) Companies (the“Companies”) in Somalia and Somaliland (the “Project”). The assignment aims to:· Undertake diagnostic of the Companies-financial, corporate governance/managerial, and operational capacities.· Assess performance and investmentreadiness gaps for each company vis-à-vis internationally recognized investmentstandards. The assessment will review the Companies- existing business plans,identify potential risks and propose appropriate mitigants includingenvironmental and social (“E&S”) and governance risks. A baseline for keyperformance indicators (“KPIs”) will need to be established.· Identify specific technical assistanceneeds for each Company to meet internationally recognized investment standards,including those required by IFC and other commercial lenders.· Develop actionable plans to addressidentified gaps and enhance the Companies- capacity to attract commercialinvestment.· Support the Companies in addressing thehigh-level recommendations to address key investment readiness gaps.TheFirm should be able to help design an effective programmatic approach, drawingon its experiences with higher growth, medium to larger sized Companies and theregion.
90 - CONTRACT CONSULTANTS
Documents:

Draft_TOR-for-an-investment-readiness-gap_Sominvest-ready_clean.docx

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Evaluating Somali ICT and Energy Firms' Investment Readiness and Implementing Key Recommendations - Somalia Tender

The WORLD BANK(WB), a Government sector organization in Somalia, has announced a new tender for Evaluating Somali ICT and Energy Firms' Investment Readiness and Implementing Key Recommendations. This tender is published on SomaliaRFP under SOT Ref No: 131682399 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2025-12-17.

The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.