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EOI - Somalia - Consultancy Services for Senior Economist as Chief Economic Advisor to the Governor of the Central Bank of Somalia (CBS) - FSDP
EOI - Somalia - Consultancy Services for Senior Economist as Chief Economic Advisor to the Governor of the Central Bank of Somalia (CBS) - FSDP
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 Last update: 5 days ago
Last update: 5 days ago
EOI - Somalia - Consultancy Services for Senior Economist as Chief Economic Advisor to the Governor of the Central Bank of Somalia (CBS) - FSDP
Last update: Oct 29, 2026

Details

Location:
Somalia
Somalia
Contract type:
Consulting services
Status:
Open
Sectors:
Macro-Economy & Public Finance, Financial Services & Audit
Languages:
English
Contracting authority:
Federal Ministry of Finance (Somalia)
Funding Agency:
African Development Bank (HQ)
Eligibility:
Individual
Budget:
N/A
Date posted:
Oct 29, 2026

Attachments • 1

reoi.. .

Oct 29, 2026

Associated Awards

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Project cycle timeline

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

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Objectives

  • Purpose: Provide high-level strategic, technical and institutional advisory support to the Governor of the Central Bank of Somalia.
  • Eligible applicants: Individual consultants only are invited for this Individual Consultant Selection.
  • Submission package: A detailed CV, copies of academic and professional qualifications, a description of experience in similar assignments, and at least three references are required; incomplete applications will not be considered.
  • Geographic and legal ...

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Description

EOI - Somalia - Consultancy Services for Senior Economist as Chief Economic Advisor to the Governor of the Central Bank of Somalia (CBS) - FSDP The consultant will provide high-level strategic, technical and institutional advisory support to the Governor
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tender Background

About the Funding Agency

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.
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About the Sectors

Macro-Economy & Public Finance

Includes initiatives that support macroeconomic stability, sound fiscal policy, and effective management of public financial resources.


Key areas:
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  • Public finance management (PFM)
  • Government budgeting, taxation, and debt management
  • Economic growth and development strategies
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Financial Services & Audit

Covers financial, banking, insurance, investment, and audit services related to the management, transfer, and oversight of financial resources.


Key areas:
  • Financial services, banking, and insurance
  • Accounting, auditing, and financial reporting
  • Investment, capital markets, and financial inclusion
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Locations

Somalia

Somalia’s infrastructure base remains limited following decades of conflict, with major gaps in electricity, transport and water systems. Recent efforts focus on rebuilding basic infrastructure, improving port and airport facilities, and restoring institutional capacity with support from international partners. Continued progress in governance reform, debt restructuring and private sector engagement is essential to translating reconstruction investment into sustainable economic recovery and broader development gains.

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Nr. of donors: 721
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