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Developing the Nairobi Securities Exchange Gender Tender - 139254705

The WORLD BANK(WB) has issued a Tender notice for the procurement of a Developing the Nairobi Securities Exchange Gender Equality Index in the Kenya. This Tender notice was published on 09 Apr 2026 and is scheduled to close on 23 Apr 2026, with an estimated Tender value of Refer Document. Interested bidders can access detailed Tender information, eligibility criteria, and complete bidding documents by referencing TOT Ref No. 139254705, while the tender notice number is 0002021612 and Registering on the platform.

Procurement Summary

Country: Kenya

Summary: Developing the Nairobi Securities Exchange Gender Equality Index

Deadline: 23 Apr 2026

Posting Date: 09 Apr 2026

Other Information

Notice Type: Tender

TOT Ref.No.: 139254705

Document Ref. No.: 0002021612

Competition: ICB

Financier: World Bank (WB)

Purchaser Ownership: Public

Tender Value: Refer Document

Purchaser's Detail

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Tender Details

The Nairobi Securities Exchange (NSE), in partnership with the International Finance Corporation (IFC), seeks to develop a comprehensive Gender Equality Index for NSE-listed companies. This initiative is anchored in both institutions' commitment to Sustainable Development Goal 5 on gender equality and forms part of IFC's broader Women's Economic Inclusion Program in Kenya. Kenya's corporate leadership landscape reflects meaningful but insufficient progress on gender diversity. Women occupy 27.7% of board seats and 39% of C-suite positions among NSE-listed companies, falling short of the one-third board representation target set for 2027. Gender metrics remain inconsistently tracked, and public reporting on pay equity, promotion rates, and attrition disaggregated by gender is limited across the market. There is a clear need for a standardized, market-based mechanism that creates transparency, drives accountability, and incentivizes private sector action on gender equality. The NSE Gender Equality Index will serve as that mechanism a financial index that evaluates, benchmarks, and monitors gender diversity and inclusion among NSE-listed companies, and that positions Kenya's capital markets as a credible destination for gender-lens and ESG-aligned investment.
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Tender Notice

Gender-Index-Assignment-TOR.docx

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