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The WORLD BANK(WB) has issued a Tender notice for the procurement of a South Africa - Development of enabling Legal Framework for movable asset financing in the South Africa. This Tender notice was published on 28 Jan 2026 and is scheduled to close on 05 Feb 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. 134577516, while the tender notice number is 0002020692 and Registering on the platform.
Procurement Summary
Country: South Africa
Summary: South Africa - Development of enabling Legal Framework for movable asset financing
Deadline: 05 Feb 2026
Posting Date: 28 Jan 2026
Other Information
Notice Type: Tender
TOT Ref.No.: 134577516
Document Ref. No.: 0002020692
Financier: World Bank (WB)
Purchaser Ownership: Public
Tender Value: Refer Document
Purchaser's Detail
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Login to see detailsTender Details
The International Finance Corporation (IFC), the privatesector arm of the World Bank Group, is a major multilateral financier focusedon supporting private enterprises in emerging markets. Its FinancialInstitutions Group (FIG) promotes financial inclusion, services the realeconomy, and mobilizes third-party resources. FIG carries out these goals byinvesting in various financial subsectors and strengthening financialinstitutions, notably through its Upstream Advisory services. These advisoryservices help banks and financial institutions in their digital transformation, enhance their outreach, and improve specialized financing capabilities in areassuch as gender, agriculture, and climate finance. FIG also works withgovernment clients to create legal and institutional frameworks that improveaccess to finance for Micro, Small, and Medium Enterprises (MSMEs), includingreforms in credit reporting, secured transactions, and financial distressmechanisms.In South Africa, MSMEs face significant barriers toaccessing finance, primarily due to the lack of acceptable collateral. Thecountry-s legal frameworks heavily favor immovable assets, disadvantagingbusinesses that depend on movable property. This structural issue limitscredit, hinders entrepreneurship, and slows economic growth. A comprehensiveassessment in 2015, updated in 2023, revealed the absence of a unified legalframework for security transactions involving movable assets and highlightedoutdated, complicated security devices. Although South Africa-s financialsector is well-developed, MSMEs still struggle to obtain credit because theylack suitable collateral and face a complex legal environment. The assessmentrecommended reforming the legal framework and creating an electronic collateralregistry to support value chain financing and improve transparency.IFC is providing technical assistance and advisory supportto the Government of South Africa, working with the Department of SmallBusiness Development (DSBD) and an intermin...
Documents
Procurement Documents for South Africa
Access a comprehensive library of standard procurement documents specific to South Africa. Here, you'll find all the essential forms, guidelines, and templates required for tender applications and submissions in South Africa
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