Long-Term Technical Assistance Program to Assist the African Export-Import Bank (Afreximbank)... Tender

Procurement Summary

Country : Egypt

Summary : Long-Term Technical Assistance Program to Assist the African Export-Import Bank (Afreximbank) in the Definition and the Implementation of its Green Finance Strategy across Africa

Deadline : 15 Nov 2018

Other Information

Notice Type : Tender

TOT Ref.No.: 27877473

Document Ref. No. :

Competition : ICB

Financier : Agence Francaise De Development (AFD)

Purchaser Ownership : -

Tender Value : Refer Document

Purchaser's Detail

Purchaser : AFRICAN EXPORT-IMPORT BANK (AFREXIMBANK)
Manager (Project & Export Development Finance) Climate Finance P.O. Box 613 Heliopolis Cairo 11757 Tel: +20-2245641001/1/2/3
Egypt

Tender Details

Expression of Interest are invited for Long-Term Technical Assistance Program to Assist the African Export-Import Bank (Afreximbank) in the Definition and the Implementation of its Green Finance Strategy across Africa.

Purpose: long-term technical assistance program to assist the African Export-Import Bank (Afreximbank) in the definition and the implementation of its green finance strategy across Africa
Client: the African Export-Import Bank (Afreximbank)
Funding Partner: French Development Agency (AFD)
Location: Egypt (headquarters) and Africa (regional offices)
Contract duration: Two to three years (2019-2021)

With the technical and financial support of: Agence Française de Développment (AFD)

Issued on the 22nd of October, 2018


The African Export Import Bank (the “Bank” or “Afreximbank”) was established in Abuja, Nigeria in October, 1993 by African Governments, African private and institutional investors as well as non-African financial institutions and private investors for the purpose of financing, promoting and expanding intra-African and extra-African trade. The Bank was established under the twin constitutive instruments of an Agreement signed by member States and multilateral organizations, and which confers on the Bank the status of an international multilateral organization; as well as a Charter, governing its corporate structure and operations, signed by all Shareholders. The authorized share capital of the Bank is five billion United States Dollars (US$ 5 billion).


Background and rationale

Two years after the 21st Conference of Parties on Climate Change and the adoption of the Paris Agreement, it is crucial to take greater action in order to close the gap between current greenhouse gases emissions and the objectives of limiting global warming well below 2°C, but also to protect populations and ecosystems against the consequences of climate change, especially in Africa.

In this context, Afreximbank is planning scale up its investments and deploy additional resources to drive low-carbon and climate-resilient growth. Anchored on four key pillars, Afreximbank’s five-year strategic plan, IMPACT 2021, has been conceptualized to enable the Bank give greater impetus to its core mandate, particularly as regards promotion, expansion and diversification of intra-and extra-African trade. With the ambition of mainstreaming climate action throughout its operations, Afreximbank is planning to join the Climate Action in Financial Institutions Initiative (https://www.mainstreamingclimate.org/).

In accordance with their respective mandate, Afreximbank and the French Development Agency (AFD) intend to implement a strategic partnership to increase their climate finance effort and to support the outcomes of the 21st Conference of Parties on Climate Change and the Paris Agreement in Africa.

To realize this ambition, Afreximbank and AFD intend to define a joint Roadmap on Climate Finance in Africa, based on their respective mandate, common interests and complementarities. Afreximbank and AFD contemplate to work together to:
(i) Support the Afreximbank’s climate strategy implementation on the Principles for Mainstreaming basis, to scale up green financing across Africa,
(ii) Promote the five Principles for Mainstreaming Climate Action within Financial Institutions across Africa to ensure that climate change - as both a risk and an opportunity - become a major consideration around which the capital is invested;
(iii) Increase the access of governments, regulatory authorities and financial institutions to suitable climate policy advisory, resources and technical assistance to build up the African financial systems transition towards a more stable, inclusive and low-carbon, sustainable model.

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