Management Consultancies in Support of the Local Tender - 107993661

Procurement Summary

Country: USA

Summary: Management Consultancies in Support of the Local Champions Initiative

Deadline: 10 Oct 2024

Posting Date: 01 Oct 2024

Other Information

Notice Type: Tender

TOT Ref.No.: 107993661

Document Ref. No.: 0002011668

Competition: ICB

Financier: World Bank (WB)

Purchaser Ownership: Public

Tender Value: Refer Document

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Tender Details

The World Bank Group is an internationalorganization whose fundamental mission is to promote sustainable economicdevelopment and to reduce poverty in developing countries. The World BankGroup consists of five closely associated institutions: The International Bankfor Reconstruction and Development (IBRD); International DevelopmentAssociation (IDA); International Finance Corporation (IFC); MultilateralInvestment Guarantee Agency (MIGA); and the International Centre for Settlementof Investment Disputes (ICSID). The Bank is the world-s largest source ofcountry development assistance, providing approximately $20 billion in loansannually to its 189 member countries. It uses its financial resources, highlytrained staff, and extensive knowledge base to help its global clients achievestable, sustainable, and equitable growth in the fight against poverty. IFC-sManufacturing, Agribusiness and Services (MAS) Department covers sectors whichcater to basic human needs such as food, shelter, jobs, health and education.They play a critical role in providing goods and services to consumers, creating jobs, contributing to government revenue, and stimulating growththrough SMEs. IFC'spriorities in MAS are: (i) increasing access to goods and services, with a particularfocus on frontier countries and regions; (ii) building top sector expertise tomake IFC the preferred partner for key clients, (iii) supporting localcompanies while improving their transparency, efficiency and sustainability;(iv) catalyzing foreign investment; and (v) developing client, sector andcountry-level solutions which can be scaled and replicated with a special focuson climate change. TheProgramIn 2022, IFC launched the Local ChampionsInitiative (“LCI”) to assist promising domestic corporates (“Local Champions”)in Burkina Faso, Niger, Chad, Guinea, Liberia, Sierra Leone, and Togo. Theinitiative aims to provide technical assistance to the most mature companiesidentified, helping them prepare for investment by IFC or o...

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