Consultants sought for Africa's infrastructure finance plan

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Consultants sought for Africa's infrastructure finance plan

The Secretariat of the Infrastructure Consortium for Africa (ICA) hosted by the African Development Bank in Tunis, Tunisia is requiring the services of a consultancy firm over a period of 6 months (commencing in January, 2014) for the "Development of a Financial Structuring Plan for PIDA (Infrastructure ) Projects."

The services to be provided under the assignment include:

  • develop a PIDA financial resourcing plan that will assist the Regional Economic Communities (RECs), National Governments of Member Countries and other project sponsors to access finance for the PIDA- Priority Action Plan (PAP);
  • identify and plot already existing and planned main financing vehicles and financing sources (including private and public, international and local sources, regional development banks) in and for each region that could be eligible for the regional PIDA-PAP projects;
  • recommend the optimum financing structure(s) for the identified PIDA-PAP projects for both public and private sector financing arrangements; and
  • advise on different Infrastructure financing and regulatory frameworks applicable to different countries where PIDA PAP projects are being implemented.

Among PIDA adopted modules, the Priority Action Plan (PAP) includes a set of 51 priority infrastructure projects and programs to be implemented up to 2020 at an investment cost of US$68 billion.

The Infrastructure Consortium for Africa (ICA) was launched at the G8 Gleneagles summit in 2005 with a mission to accelerate progress to meet the urgent infrastructure needs of Africa in support of economic growth and development.

The consulting firm will have been in existence for at least five years as a firm with considerable experience in financial services consulting covering project/programme financing, infrastructure project finance, transnational Infrastructure Legal and Policy Regulatory Frameworks, transaction advisory services including structuring and private-public financing in the infrastructure sector. Experience and an understanding of the Infrastructure sector in Africa is essential, as well as previous experience within the international development finance landscape.

Expressions of interest must be received by Monday 25th, November 2013.See Tender Notice:http://www.afdb.org/fileadmin/uploads/afdb/Documents/Project-related-Procurement/Development%20of%20a%20Financial%20Structuring%20Plan%20for%20PIDA%20(Infrastructure)%20Projects%20-%20EOI.pdf

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