REQUEST FOR EXPRESSIONS OF INTEREST
FRICAN DEVELOPMENT BANK
Avenue Joseph Anoma, 01 B.P. 1387, Abidjan, Cote d’Ivoire
Africa Investment Forum – PAIF
E-mail: [email protected]
REQUESTS FOR EXPRESSION OF INTEREST FOR BUSINESS INTELLIGENCE CONSULTING FIRM FOR THE AFRICA INVESTMENT FORUM
- The African Development Bank (AfDB) hereby invites Consulting Firms to indicate their interest in the following Assignment: Business Intelligence Consulting Firm for the Africa Investment Forum.
- Established by the AfDB and seven founding partners in 2018, the Africa Investment Forum (AIF) is Africa’s investment market place – a multi-stakeholder, multi-disciplinary platform dedicated to advancing projects to bankable stages, raising capital, and accelerating the financial closure of deals. The Africa Investment Forum convenes investors interested in Africa, African investors, enterprises with concrete investment needs, and selected government leaders to work out ways to boost private sector investments in Africa. The AIF aims to reduce intermediation costs, improve the quality of project information and documentation, and increase active and productive engagements between African governments and the private sector as well as between investors and project sponsors. The AIF offers investors access to a structured platform offering bankable, de-risked projects within an enabling environment.
- The services to be provided under this assignment include the formulation of a long-term Business Intelligence Framework to assure excellent investor client experience and broad based value creation; identifying, developing and maintaining commercial client relationships with investors, sponsors and strategic partners. In addition, the Consulting Firm will focus on reporting, online analytical processing, business trends, dashboard development, complex event processing, business performance management, benchmarking, predictive analytics, and prescriptive analytics. The assignment entails collaborating with the AIF’s Global Investor Client Management and Investment officers, AIF partners, AIF Senior Director, to position the AIF as Africa’s premier investment platform for investors. The Consultant Firm will report to the Senior Director, Africa Investment Forum.
- 5. The Africa Investment Forum invites Consulting firms to indicate their interest in providing the above-described services. Interested Firms shall provide information on their qualifications, experience demonstrating their ability to provide the services, as well as a proposed work program with timeline, their understanding of the assignment and the proposed way to approach the assignment (documentation, references for similar services, experience in comparable assignments, etc.).
- The eligibility criteria, the establishment of a short list and the selection procedure shall be in conformity with the African Development Bank’s “Rules and Procedure for the Use of Consultants” May 2008 Edition revised October 2015, which is available on the Bank’s website. Please, note that interest expressed by a Firm does not imply any obligation on the part of the Bank to include them in the shortlist.
- The work assignment, under this term of reference, will involve full-time Consulting services for a period of six (6) months and may be extended based on the performance of the retained Consulting Firm, availability of budgetary resources and as may be determined by the Bank. The successful Firm will be expected to start in July 2021 upon completion of the selection process and upon signature of the contract. The position will be based in Abidjan.
- Interested Firms may obtain further information at the email addresses below during the Bank’s working hours: 0800hrs to 1700hrs.
- Expressions of interest with an updated Curriculum vitae (CV) and cover letter must be received at the email addresses below no later than 02 May 2021 at 17h00 Abidjan Time and specifically mentioning BUSINESS INTELLIGENCE CONSULTING FIRM for the Africa Investment Forum.
For the attention of:
Mrs. Onike Nicol-Houra
Africa Investment Forum
African Development Bank, 6 Avenue Joseph Anoma
01 BP 1387 Abidjan – COTE D’IVOIRE
E-mail : NICOL@ AFDB.ORG [email protected]
Establishment of the Shortlist: A shortlist of three to six Consulting Firms will be established once the expressions of interest, updated CVs and cover letters are received. The Firm on the shortlist will be invited to submit a proposal and comment on the Terms of Reference (attached as an annex). The proposals shall be evaluated based on the following criteria.
a. General qualifications and adequacy for the assignment to be undertaken |
30% |
b. Similar experience in the area of expertise of the assignment |
40% |
c. Skills within the staff of the company during the period planned |
20% |
for the execution of the contract. |
|
d. Knowledge of Africa (environment of the assignment) |
5% |
e. Language Proficiency |
5% |
TERMS OF REFERENCE FOR BUSINESS INTELLIGENCE CONSULTING FIRM FOR THE AFRICA INVESTMENT FORUM
- BACKGROUND
1.1. African Development Bank Group
Established in 1964, the African Development Bank Group (“the Bank” or “AfDB”) is the premier Pan-African development institution promoting economic growth and social progress across the continent. There are 80 Member States, including 54 from Africa (Regional Member Countries). The Bank’s development agenda is delivering the financial and technical support for transformative projects that will significantly reduce poverty through inclusive and sustainable economic growth. In order to sharply focus the objectives of the Ten Year Strategy (2013 – 2022) and ensure greater developmental impact, five major areas (High 5s), all of which will accelerate the Bank’s delivery for Africa, have been identified for scaling up, namely; Light Up and Power Africa, Feed Africa, Industrialize Africa, Integrate Africa, and Improve the Quality of Life for the People of Africa. The Bank co-operates with a large network of international development partners and has two official languages: English and French.
1.2. Africa Investment Forum
The vision of the Africa Investment Forum (AIF) is to become a leveraging platform that will tilt the
balance of capital towards Africa’s critical sectors to achieve the Sustainable Development Goals, the African Development Bank’s High 5s and the African Union’s Agenda 2063. This goal translates into three reinforcing objectives, which include: (a) Advancing projects to bankable stage, by more effective project preparation as well as advisory support that advances deals in the AIF pipeline; (b) Capital raising by partners, lenders and investors for increased co-financing for bankable projects; and, (c) Accelerating financial closure of deals through this coordinated approach.
Established by the AfDB and seven founding partners in 2018, the Africa Investment Forum (AIF) is Africa’s investment market place, through which the AfDB, along with its partners originate deals, structure and enhance projects, attract co-investors, and facilitate investments to close Africa’s investment gaps. The AIF’s modus operandi spans four (5) pillars which include:
- The Platform: activities involving deal origination and structuring, as well as the management of a digital portal;
- The Market Place: activities involving sponsorships, partnership onboarding, regional investment roundtables, investor facilitation and matchmaking, as well as serving a vibrant community of active AIF members ;
- The Market-Days: an annual 3-Day event convening investors and lenders, project sponsors, key government stakeholders, transaction facilitators and entrepreneurs around specific private (Boardrooms, Bilateral meetings) and public sessions (initiatives, pitching sessions, plenary sessions) ;
- The Deal Tracker: post-Boardroom activities involving the monitoring of AIF Boardroom deals and facilitating their progress towards deal closure ;
- Knowledge Environment: seeks to foster investment friendly regulation, a pro-investment climate to remove bottlenecks to deal closure, as well as disseminate knowledge products.
- PURPOSE OF THE CONSULTING
The purpose of the Consulting is to support the AIF in the formulation of a long-term Business Intelligence framework that will contribute towards making AIF Africa’s premier investment platform for investors. The selected firm will design, develop and execute new data analysis policies and provide AIF with very high-level qualified and experienced key personnel that will help inform decision-making and solve business problems by converting data into information, analyzing relevant data, manipulating large datasets, building decision models and facilitating insightful solutions to complex problems.
- SCOPE OF SERVICES
The specific duties of the Consulting firm will be as follows:
- Discovery of new avenues for engagement with existing sponsors and investors and development of new ones ;
- Creation of varied visualization models to identify risk and opportunities in accordance with AIF business context and operations ;
- Assist the AIF with predictions, trends, and actions based on relevant strategic data for competitive advantage ;
- Analyze relevant search engines and provide data to inform and reflect AIF overall business mandate ;
- Support to the AIF Senior Director in selected front office activities including inflow of information to formulate business trends relevant to the AIF pillars.
- Provide strategic positioning for the AIF in relevant sectors of its operations ;
- High-level Pan-African investment landscape monitoring with a focus on key industry events and developments ;
- Creation of policies and procedures for collating and analyzing data ;
- Extending knowledge of Business Intelligence to provide ongoing refinement of processes to improve operations ;
- Offering high-touch technical support to users and rigorous data quality supervision, including training refreshers where needed ;
- Provision of weekly progress report to the AIF management. This will be expected throughout the contract period at an agreed time and date between the AIF and contact person of the consulting firm ;
- Perform other duties as assigned by the Senior Director, AIF.
- QUALIFICATIONS AND EXPERIENCE
The assignment will be undertaken by a Consulting Firm based on the following criteria:
- Have an experienced team with the relevant background in business intelligence ;
- The team leader should have at least a master’s degree (or its university equivalent) in Finance or related field and/or IT science for Business, Management, Economics and 10 years’ relevant work experience, and other key staff at least a master’s degree and 7 years’ relevant work experience ;
- Have a minimum of ten (10) years of relevant professional experience with similar Multilateral Finance Institution in business and strategic consulting, data analytics, and client management ;
- Strong experience in the use of IT database, and innovative tools and techniques ;
- Ability to produce clear and concise marketing and business intelligence reports ;
- Strong reporting skills to present insights concisely ;
- Possess problem-solving skills ;
- Ability to communicate findings with management ;
- Strong analytical and critical thinking skills ;
- Sense of initiative and innovation in proposing solutions ;
- Teamwork oriented with excellent interpersonal skills ;
- Ability to respond swiftly to new situations and to anticipate new issues ;
- Ability to communicate and write effectively in English and/or French, with a good working knowledge to the other language; including a demonstrated ability to communicate complex business messages into clear communication messages and material ;
- Competence in the use of Bank standard software (Word, Excel, Access, PowerPoint) and preferably including SAP.
- DURATION OF THE ASSIGNMENT
The work assignment, under this term of reference, will involve full-time Consulting services for a period of six (6) months and may be extended based on the performance of the retained Consulting Firm, availability of budgetary resources and as may be determined by the Bank. The successful Firm will be expected to start on 15 July 2021 upon completion of the selection process and signature of the contract.
- RENUMERATION
Remuneration will be commensurate with experience, in line with the AfDB compensation guidelines. The Consulting fees will be paid by deliverables.
- INSURANCE
The Consulting Firm will be responsible for obtaining personal health insurance at its own cost. The coverage should include all medical expenses, including those resulting from illness or injury incurred during the duration of the assignment.
- REPORTING LANGUAGE
The Consulting Firm will work in English and submit reports in English, but must have the ability to read, write and communicate in French as well.
- APPLICATION AND EVALUATION PROCESS
The position is open to nationals of the Member Countries of the AfDB. Interested applicants are requested to send an updated Curriculum Vitae (CV) and Cover Letter specifically mentioning in the subject line A BUSINESS INTELLIGENCE CONSULTING FIRM for the African Investment Forum detailing their qualifications and experiences to the email addresses provided by 2nd May 2021 at 17:00 GMT.
Note: Consultants must register at http://dacon.afdb.org/dacon before submitting their CV to be considered for the shortlist.
The expressions of interest will be evaluated based on the following criteria and weights:
|
Criteria |
Score |
|
|
|
1 |
General qualifications and adequacy for the assignment to be undertaken |
30% |
|
|
|
2 |
Similar experience in the area of expertise of the assignment |
40% |
|
|
|
3 |
Skills within the staff of the company during the period planned for the |
20% |
|
execution of the contract. |
|
|
|
|
4 |
Knowledge of Africa (environment of the assignment) |
5% |
|
|
|
5 |
Language Proficiency |
5% |
|
|
|
Only Firms who will score more than 70% will be short-listed