Tender for Consultancy Services to Support the Establishment of the African Diaspora Investment Fund

Organization: Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH
Closing date: 23 Jul 2018

GIZ Support to the AU on Migration and Displacement Project would like to invite all interested bidders who are eligible to participate in this public bid, are herewith requested to submit their proposals to support the Establishment of the African Diaspora Investment Fund.

The criteria for selecting the consultant includes the following:

  1. i) Master’s degree in the field of law, finance, economics or related field;
  2. ii) At least ten years’ experience in investment models, different types of banking loans and public financial procedures;
  3. iii) Extensive knowledge of diaspora investments and remittances as well as fund structures;
  4. iv) Experience in consultations with various stakeholders, ideally including AU member states or AU policy organs;
  5. v) Fluency in English
  6. vi) Solid writing and analytical skills;
  7. vii) Strong interpersonal and networking skills;
  8. viii) Ability to interact with senior officials (Government officials and representatives of multilateral and bilateral agencies);
  9. ix) Experience in other similar assignments would be an added advantage;
  10. x) International work experience.

Diaspora engagement is a strategic priority for the African Union. Indeed, the Constitutive Act of the African Union expressly declares that it shall “invite and encourage the full participation of the African Diaspora as an important part of our continent, in the building of the African Union”.

Leveraging migration and diaspora for development has emerged as an integral component of development theory and policy; and many governments in Africa have consequently created separate ministries and government units specifically to engage their diaspora.

This renewed emphasis on diaspora engagement as an integral part of development policy was the impetus behind the African Union’s decision to hold the first Global African Diaspora Summit in Johannesburg in May 2012. The Action Plan developed from the Diaspora Summit provides the framework for the African Union’s diaspora program.

This project proposes to implement one of the key initiatives agreed by Heads of State and Government of the African Union in the Action Plan of the Global African Diaspora Summit: the African Diaspora Investment Fund (ADIF).

The ADIF directly addresses the Economic Cooperation provisions of the Action Plan; which, inter alia, calls on the African Union Commission to accomplish the following capital mobilization objectives:

  1. Use financial instruments focusing on investments to facilitate the mobilization of capital that would strengthen the links between Africa and the Diaspora;

  2. Explore the possibility of creating a Development Fund and/or African Diaspora Investment Fund to address the development challenges confronting Africans in the continent and the Diaspora.

The primary purpose of the consultancy service is to establish the design and implementation framework for the African Diaspora Investment Fund in accordance with the Action Plan of the Global African Diaspora Summit.

Interested bidders who fulfill the stated criteria can obtain the bid document (including TOR) from the office specified in the invitation.

Reference No. 83294216

How to apply:

Interested bidders who fulfill the following criteria can obtain the bid document from the office specified below starting from Monday, 09th of July 2018, 8:30am on working hours or can request the document via an email address: yeshi.assefa@giz.de.

All bids must be delivered/submitted physically or via email to the address below at or before 4:00pm local time on Monday, 23rd of July 2018.

Bidders should submit qualification and related documents; and their technical financial proposal as per the issued tender document.

GIZ Support to AU on Migration and Displacement project reserves the right to cancel the bid fully or partially.

The address referred above to submit your Technical and Financial Offers is:

German Development Cooperation

GIZ Office, Kirkos Sub City, Kebele 18 (Behind Intercontinental Hotel)

P.O.Box 100009, Addis Ababa, Ethiopia OR

Via email address: pcc@giz.de