Bank of Industry Limited

Request for Expressions of Interest Creative Fund Manager Under the iDICE Programme

Last update: 5 days ago Last update: Apr 29, 2026

Details

Location:Nigeria
Nigeria
Category:Consulting services
Status:Open
Sectors:Private Sector & Trade, Project Management
Languages:English
Contracting authority: Bank of Industry Limited
Contracting authority type:Banks (National and Private)
Eligibility:Organisation
Budget:N/A
Date posted: Apr 29, 2026

Attachments 2

Associated Awards

Project cycle timeline

STAGES
EARLY INTELLIGENCE
PROCUREMENT
IMPLEMENTATION
Cancelled
Status
Programming
Formulation
Approval
Forecast
Open
Closed
Shortlisted
Awarded
Evaluation

Quick summary

AI generated
Objectives: iDICE Programme seeks a qualified Creative Sector Fund Manager to design, set up, and manage the DIC...
Eligibility criteria: Eligible applicants are fund management firms/consultants (including greenfield funds whose promoters demonstrate relevant depth) with at least 5 years’ track record and demonstrable creative-sector investments within the last 5 years, including a proven Nigerian creative enterprise value-unlocking case. Must evidence capability in equity/quasi-equity VC fund structuring and setup...

Description

Country: NigeriaCity/Locality: AbujaNotice/Contract Number: iDICE/CON2/006Publication Date: Apr 28, 2026Deadline (local time): May 11, 2026 - 15:00Agency: Agence Française de Développement (AFD)Buyer: NIGERIA - Bank of IndustryEligibility of Bidders: i. M
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tender Background

About the Funding Agency

African Development Bank (HQ)

The African Development Bank is a regional multilateral development finance institution, established in 1963, with a mandate to further economic development and social progress of African countries, individually and collectively. 80 member countries including all the 54 African countries and 26 non-African countries in the Americas, Europe and Asia own the Bank. 

The Bank's principal functions include:
  1. using its resources for the financing of investment projects and programs relating to the economic and social development of its Regional Member Countries (RMCs);
  2. the provision of technical assistance for the preparation and execution of development projects and programs;
  3. promoting investment in Africa of public and private capital for development purposes; and (iv) to respond to requests for assistance in coordinating development policies and plans of RMCs. In its operations, the Bank is also required to give special attention to projects and programs that promote regional integration.
The Bank began its operations from its headquarters, in Abidjan, Côte d’Ivoire on July 1, 1966. For the purpose of its operations, the Bank also maintains Regional Resource Centers and Field Offices within RMCs.
 
For projects financed by the Bank resources, the charter requires suppliers for contracts for institutional activities and projects to be nationals of a member country. Only bidders from a member country of the Bank are eligible to participate in the procurement process. For goods to be eligible, they must originate from a member country.

About the Sectors

Private Sector & Trade

Entails initiatives that promote entrepreneurship, strengthen competitive markets, and expand domestic and international trade opportunities.


Key areas:
  • Private sector development and SME/MSME support
  • Entrepreneurship, start-ups, and business growth initiatives
  • Trade facilitation, import/export, and market access
  • Commerce, retail/wholesale, and free trade mechanisms

Project Management

Focuses on planning, coordinating, and delivering projects effectively within defined scope, timelines, and budgets while managing resources and stakeholders.


Key areas:
  • Project planning and implementation management
  • Coordination of teams, partners, and country operations
  • Monitoring progress against scope, time, and budget
  • Project leadership and delivery oversight

Locations

Nigeria

Nigeria’s development trajectory increasingly emphasises large-scale infrastructure investment to support economic diversification and reduce dependence on oil revenues. Expansion of rail networks, highways, power generation and digital connectivity seeks to improve productivity across Africa’s largest economy. Reforms targeting electricity markets, public-private partnerships and regulatory transparency aim to attract private capital and enhance project efficiency. However, implementation gaps, fiscal pressures and governance challenges continue to influence the pace and quality of infrastructure delivery.

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