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Development of Domestic Debt Markets In The West African Monetary Zone (WAMZ) - PHASE I
Details
Project End Date:
2023-12-00
Location:
Gambia, Guinea, Liberia, Sierra Leone
Contract type:
Unspecified/other
Status:
Completion and evaluation
Sectors:
Macro-Economy & Public Finance, Fundraising & Grant management
Contracting authority:
Funding Agency:
Contracting authority type:
Multilateral organization
Eligibility:
Unknown
Budget:
USD 205,500
Date posted:
Jul 11, 2022
Associated tenders
Hidden
Description
Multinational - Development of Domestic Debt Markets In The West African Monetary Zone (WAMZ) – PHASE I – Project Appraisal Report
Hidden
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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:
- using its resources for the financing of investment projects and programs relating to the economic and social development of its Regional Member Countries (RMCs);
- the provision of technical assistance for the preparation and execution of development projects and programs;
- 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
Macro-Economy & Public Finance
Includes initiatives that support macroeconomic stability, sound fiscal policy, and effective management of public financial resources.
Key areas:
- Macroeconomic analysis and policy support
- Public finance management (PFM)
- Government budgeting, taxation, and debt management
- Economic growth and development strategies
Fundraising & Grant management
Incorporates activities related to mobilizing financial resources and managing grants throughout their lifecycle for projects and organizations.
Key areas:
- Fundraising and resource mobilization
- Grant writing and proposal development
- Grant management and financial oversight
Locations
Gambia
The Gambia is investing in strategic infrastructure through regional partnerships and renewable energy projects, aiming to improve energy security and connectivity. A notable initiative is the planned 150 MW Soma Solar Power Station - co-financed by the World Bank and European Investment Bank - which is designed to stabilize the national grid and integrate with the West African Power Pool, supporting broader electrification and economic growth goals. Improving transport links and utility services remains important to attract investment and support inclusive development.
Nr. of tenders: 9017
Nr. of grants: 3212
Nr. of donors: 642
Nr. of jobs: 38
Nr. of tenders: 9017
Nr. of grants: 3212
Nr. of donors: 642
Nr. of jobs: 38
Guinea
Guinea is leveraging its abundant mineral wealth - particularly the Simandou iron ore project - to expand infrastructure financing and catalyse broader economic development. The government plans to establish a sovereign wealth fund backed by expected mining revenues to invest in long-term infrastructure, education and industry, alongside reforms to improve fiscal governance and economic diversification. The Autonomous Port of Conakry — a key gateway for trade — underscores Guinea’s strategic role in regional logistics, though improving institutional capacity remains important for sustained investment impact.
Nr. of tenders: 12922
Nr. of grants: 3409
Nr. of donors: 709
Nr. of jobs: 31
Nr. of tenders: 12922
Nr. of grants: 3409
Nr. of donors: 709
Nr. of jobs: 31
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