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GAIN-

REQUEST FOR PROPOSALS FOR ASSESSMENT OF FINANCING OPPORTUNITIES AND TECHNICAL GAPS AMONG SMALL- AND MEDIUM SCALE ENTERPRISES IN NIGERIA

GAIN
REQUEST FOR PROPOSALS
ASSESSMENT OF FINANCING OPPORTUNITIES AND TECHNICAL GAPS AMONG SMALL- AND MEDIUM SCALE ENTERPRISES IN NIGERIA
ISSUED BY THE GLOBAL ALLIANCE FOR IMPROVED NUTRITION (GAIN), HARVESTPLUS, AND THE SCALING UP NUTRITION BUSINESS NETWORK (SBN)

The purpose of this RFP is to engage services of a Service Provider to conduct an assessment of financing opportunities for SMEs in the food and agricultural value chain, identify technical gaps and limitation of these SMEs to accessing financing, and to what extent those gaps can be bridged, to make these SMEs investment-ready.

The specific objectives are to:

1. Conduct a nationwide mapping of the financial institutions and other financiers (including, but limited to, institutions such as domestic banks, savings and credit cooperative organizations, international commercial investors, impact investors, Nigerian government-sponsored programmes, international institution programmes (e.g. IFC, and accelerators/ incubators)) that are open to funding businesses that operate in the food, agriculture and nutrition value chains;

2. Collect information on the financial institutions’ type of financial instruments offered, stage of business development, interest and terms, relevance to the agri-business sector, size and number of businesses served, technical gaps and other major impediments that limit businesses from accessing finance, the role that gender plays in identified gaps and impediments, and interest in investing in biofortified cassava and maize in select geographies in Nigeria;

3. Determine the readiness and capacity of the financial institutions to collaborate with GAIN, HarvestPlus and SBN to provide financing and technical assistance delivery to businesses;

4. Based on the information collected, propose criteria that would facilitate the identification and ranking of financial institutions as potential partners for financing and technical assistance delivery to businesses in collaboration with GAIN, HarvestPlus, and SBN;

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GLOBAL ALLIANCE FOR IMPROVED NUTRITION (GAIN)-

REQUEST FOR PROPOSALS: ASSESSMENT OF FINANCING OPPORTUNITIES AND TECHNICAL GAPS AMONG SMALL- AND MEDIUM SCALE ENTERPRISES IN NIGERIA

REQUEST FOR PROPOSALS
ASSESSMENT OF FINANCING OPPORTUNITIES AND TECHNICAL GAPS AMONG SMALL- AND MEDIUM SCALE ENTERPRISES IN NIGERIA
ISSUED BY
THE GLOBAL ALLIANCE FOR IMPROVED NUTRITION (GAIN),
HARVESTPLUS AND THE SCALING UP NUTRITION BUSINESS NETWORK (SBN)

1. ABOUT GAIN, HARVESTPLUS, AND SBN

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FEDERAL MINISTRY OF WATER RESOURCES-

INVITATION TO TENDER FOR SUPPLY OF GOODS: PROCUREMENT OF FINANCIAL MANAGEMENT TOOLS WITH INSTALLATION AND TRAINING

FEDERAL MINISTRY OF WATER RESOURCES
3RD NATIONAL URBAN WATER SECTOR REFORM PROJECT (CREDIT NO Cr 5416-NGI)
INVITATION TO TENDER FOR SUPPLY OF GOODS: PROCUREMENT OF FINANCIAL MANAGEMENT TOOLS WITH INSTALLATION AND TRAINING (3NUWSRP/GDS/NCB/2020/01)

1. This invitation for Bids follows the General Procurement Notice (GPN) for the above project that appeared in the United Nations Development Business issue no. WB1853 of 17 April, 2015.

2. The Federal Government of Nigeria has received a credit from the International Development Association (IDA) towards the cost of 3rd National Urban Water Sector Reform Project, and it intends to apply part of the proceeds of the credit to payments for the supply of goods itemized on the table below:

Description States Amount of Bids Delivery Period Bid Security (NGN)
Procurement of Financial Management Tools with Installation and Training Abia, Anambra, Bayelsa, Imo, Benue, Ondo, Plateau, Adamawa, Gombe, Jigawa, Kano, Kebbi & Sokoto N20, 000 45 Days N2, 000, 000

3. The Federal Ministry of Water Resources now invites sealed bids from eligible and qualified bidders for the supply of the items as specified in the bidding documents.

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NIGERIAN NATIONAL PETROLEUM CORPORATION-

INVITATION TO TENDER FOR THE SELECTION OF FINANCIAL ADVISORY (CONSULTANCY) SERVICES FOR NNPC

NIGERIAN NATIONAL PETROLEUM CORPORATION
NNPC TOWERS, HERBERT MACAULAY WAY, P.M.B, 190, GARKI- ABUJA, NIGERIA
INVITATION TO TENDER FOR THE SELECTION OF
FINANCIAL ADVISORY (CONSULTANCY) SERVICES FOR NNPC

1. INTRODUCTION
The Nigerian National Petroleum Corporation (NNPC) is a Statutory Corporation established under the laws of the Federal Republic of Nigeria (FGN) with its Head Office at NNPC Towers, Herbert Macaulay Way, Central Business District, Abuja. Nigeria. NNPC is an integrated oil and gas company with diverse operations across the value chain, in the upstream, midstream, and downstream sectors of the petroleum industry. NNPC conducts its activities through its subsidiaries, commonly referred to as Strategic Business Units (SBU) and associated companies.

NNPC is exploring alternative funding options and other creative ways of raising funds for financing commercial activities relating to Petroleum Operations and viable projects along its value chain and seeking to engage and retain the services of local and international Financial Advisers that can be called on demand to assist in actualizing any of its financing initiatives the approved for implementation from time to time.

NNPC therefore invites interested and credible local and international Institutions/ Firms to participate in this tender process for the subsequent engagement of qualified and reputable Financial Institutions/Firms to support its Joint Finance Team (JF) on a framework agreement (on call basis) for the negotiation execution, closure and implementation of financing transactions.

2. NNPC’S FINANCING OBJECTIVES
NNPC is seeking to engage the services of local and International Financial Advisor(s) on call basis to assist the financing team in putting together a financing package for any of its bankable projects in the Upstream, Midstream or Downstream Sectors taking the following objectives into consideration

a) Minimize risk and cost
• Align short, medium and long term objectives at optimal cost
• Use tested, well understood and bankable structures
• Achieve the lowest cost of funding with minimum complexity
• The risk of transferring any upstream funding to the midstream should be properly evaluated and fully mitigated
• Raise the expected finance in a timely manner
• Optimize tenors of facilities
• Financing to be at competitive terms and conditions
• Financing to optimize applicable tax regimes
• Preferably explore and use financing options that are Non-recourse to NNPC

b) Maximize operational flexibility:
• The financial solutions considered or recommended for one project should not jeopardize NNPC’s capacity to fund of its other projects
• The financial solutions recommended should have no adverse impact on NNPC’s extant cash flow trend
• Balance lender requirements and minimize onerous operational covenants
• Ensure limited impact on future projects and ring-fence the preferred solution
• Ensure maximum business flexibility and minimize project restrictions
• Avoid physical assets and shares pledge while still providing reasonable security to the lender(s).
• The preference is to raise the appropriate level of debt commensurate with the projects’ cash flows.

c) Tap into new pools of liquidity:
• Approach new pools of liquidity outside Nigeria’s regular domestic/regional and European Financial Institutions
• Explore, propose and use opportunities for the support of relevant Export Credit Agencies, Development Finance Institutions and other potential sources of concessionary loans

d) Compliance with Applicable Local & international Regulations:
a. Financing is to involve Nigerian Banks in line with the Nigerian Oil and Gas Industry Content Development Act (2010)
b. Optimize the amount of funding that can be secured from Nigerian Banks
c. Ensure compliance with World Bank Negative Pledge
d. Ensure compliance with all applicable local & international laws and regulations particularly with regards environmental laws

3. BRIEF DESCRIPTION OF SCOPE OF THE FINANCIAL ADVISER
The scope of services is expected to include but not limited to the following a detailed scope would be negotiated and can prior to formal engagement.
a. Upgrade the transaction structure and financial model to the required level that meets the expectations of sponsor and lenders
b. Review and Revalidate the cash flow model, financial assumptions and economics for Projects from a lenders perspective, coordinate development and distribution of a “data book containing and assumptions to be used in financial modeling (including, but not limited to, debt service capacity, financing costs, cover ratios, etc. )and to develop a financial model as required to enable analysis of various funding scenarios and risk allocation options developed and analyzed by the Advisor in the course of developing the Preliminary Funding Plan as well as identify any issues critical to the success of Projects which require resolution
c. Identity and analyze Project risks from sponsor and lender perspectives. Propose risk allocation and mitigation mechanisms acceptable to the Sponsors and lenders which take into account the objectives and likely risk tolerance of the various parties to Project agreements (e.g. off-takers, EPC contractors, etc.). Prepare a report on Project issues and risk analysis, including review of force majeure and an inter-creditor issues:
d. Analyze Funding Scenario Options for the transaction and further define and develop an implementation strategy and timetable;
e. Prepare a Preliminary Funding Plan report summarizing conclusions reached as a result of work performed and describing details concerning the funding scenario agreed with lenders and recommend course of action and timeline;
f. Prepare an assessment of Environmental and Social Impact Assessment (ESIA) requirements and the identification of third- party(s) which would be required by potential lenders:
g. Prepare a strategy paper for engaging lenders to achieve quick financial close
h. Prepare A timeline detailing all deliverables under financial transactions and hold regular update calls to ensure that the items set forth in the timeline are delivered on the agreed timeline;
i. Assist with the appointment and management of the external legal counsel and other technical consultants including the preparation of Engagement Letters and the selection process,
j. Create a special purpose vehicle for the financial transactions,
k. Coordinate the negotiation of the financing documents:
l. Coordinate the establishment of the project accounts in accordance with agreed cash waterfall, as further described in the term sheet or elsewhere:
m. Support the JFT as appropriate, to ensure approval of the financing documents and a smooth closing:
n. Act as Coordinator to facilitate alignment and fairness between the Sponsor and banks based on pre-agreed objectives and regular quantification of the cost of delay to timeline’ or do nothing for circulation to top management as a tool to improve commercial alignment
o. Follow Through implementation of the Sponsor’s decisions on a formal and informal basis throughout the process to ensure timelines are achieved and financial close is achieved; and
p. Such other services ancillary to the above as may be reasonably requested by the Sponsor
q. Detailed proposal for ensuring efficiency in the deployment of resources for engagements, optimizing value for NNPC and managing costs:

4. WHO MAY APPLY?
Reputable Local and International Financial Consulting and Advisory Firms, Banks and other relevant institutions with proven record and vast experience in handling and structuring project financing in the Oil and Gas industry in Nigeria. The prequalification of prospective bidders would be based on the minimum of the following criteria,
a. Firm’s Technical capability.
b. Industry footprint,
c. Relevant financial advisory services experience in any or a combination of projects in the upstream, midstream downstream sectors of the Oil & Gas industry Preference will be given to firms that:
– Have provided advisory services for financing deals that cut across the oil and gas value chain
– Previous experience with NNPC
– Responsiveness and ability to deliver on assignment within agreed time
d. Dedicated deal team with adequate and experienced manpower

5. DURATION AND COMMENCEMENT
The duration of the Call off term Contract shall be for period of three (3) years. However, this will lapse on the 31 of December 2023 irrespective of the effective date of such engagement subject to the timeline for the completion of any financing initiative that may be assigned by NNPC

6. STATUTORY REQUIREMENTS
In accordance with the Public Procurement Act of 2007, extant laws and NNPC policies and guidelines all interested bidders seeking to be considered must include the general experience of the firm as well as satisfy the following requirements:
a. Full details of company profile including postal address, telephone/fax number and email address where correspondences maybe directed:
b. Evidence of Certificate of Incorporation issued by Corporate Affairs Commission (CAC), certified true copies of Memorandum and Articles of Association of the company, CAC form C02 and C07 (Particular of Directors) for Nigerian companies and/or similar document of Incorporation for foreign companies, certified true copies of statutory documents indicating ownership structure of company, name(s) of major shareholders and percentage shareholding:
c. Evidence of firm’s tax clearance certificate for the last three years (i.e. 2017, 2018 & 2019 for Nigerian companies) and similar tax certification documents for foreign companies;
d. Evidence of compliance with the provisions of Industrial Training Fund (ITF) Amendment Act 2011 by inclusion of current copy of compliance certification from the Industrial Training Fund expiring in December 2020 (for Nigerian companies):
e. Evidence of compliance with the Nigerian Social Insurance Trust Fund (NSITF) Act by inclusion of current copy of compliance certificate expiring in December 2020. (for Nigerian companies):
f. Evidence of compliance with PENCOM Reform Act 2004 by inclusion of valid Pension clearance certificate expiring in December 2020
g. Evidence of registration on the Bureau of Public Procurement (BPP) National Data Base of Federal Contractors, Consultants and Service Providers (NDCCSPs) by inclusion of interim Registration Report (IRR):
h. Evidence of Financial advisory services provided over the last 5 years (2015, 2016, 2017, 2018 & 2019). Please attach reference letters, value of project, including client company full contact details (not P.O.Box), functional phone numbers and e-mail address for at least three (3) of such completed jobs

7. FINANCIAL REQUIREMENTS
Audited Accounts for the past three (3) years (2016, 2018 & 2019) which must bear the stamp and seal of a credible Audit Firm.

8. BUSINESS INTEGRITY REQUIREMENTS
8.1. A prospective bidder shall make provision of a sworn affidavit to support action as follows:
a) To allow NNPC verify all claims made in your submission
b) To allow NNPC verify that your organization is not in receivership, nor the subject of any form of insolvency or bankruptcy proceedings or the subject of any form of wrong up petition or proceedings;
c) To confirm that the company is not a replacement for a hitherto tax defaulting company;
d) To confirm whether any of the members of relevant companies of NNPC or Bureau of Public Procurement (BPP) is former present Director, Shareholder or has any pecuniary interest in your company:
e) A Written statement confirming that your company does not have any Director who has been convicted in any country for a criminal offence relating to fraud or any financial impropriety or criminal misrepresentation of falsification of facts relating to any matter, and
f) A Written statement providing full names, contact addresses of current directors and beneficial owners to Including their email address, and telephone number.

8.2. Certainty of business integrity and pre-signed undertaking to strictly comply with Nigerian anti-corruption laws in processing the bid and executing the contract. If successful

9. COMPLIANCE WITH THE NIGERIAN CONTENT ACT
As in all prior engagements of international financial advisers, NNPC has always complied with NCD requirements by making sure a local financial services firm is appointed to jointly provide these services. This is designed to help develop local financial advisory capacity with the hope that in the long run the locals will develop appropriate expatriates to play the leading role in small to medium size fundraising efforts.

In furtherance of the above, NNPC intends to select a pool of local and international financial advisers with right to nominate and engage a combination of the selected firms to jointly act as financial advisers on call basis as earlier indicated.

To this end, any or a combination of International Financial Advisers that may be selected by NNPC should be prepared to be engaged to act as Joint Financial Adviser with any local financial advisory firm that may be nominated by NNPC.

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NIGERIAN NATIONAL PETROLEUM CORPORATION-

INVITATION TO TENDER FOR THE SELECTION OF FINANCIAL ADVISORY (CONSULTANCY) SERVICES FOR NNPC

NIGERIAN NATIONAL PETROLEUM CORPORATION
NNPC TOWERS, HERBERT MACAULAY WAY,
P.M.B. 190, GARKI- ABUJA, NIGERIA
INVITATION TO TENDER FOR THE SELECTION OF FINANCIAL ADVISORY (CONSULTANCY) SERVICES FOR NNPC

1. INTRODUCTION
The Nigerian National Petroleum Corporation (NNPC) is a Statutory Corporation established under the laws of the Federal Republic of Nigeria (FGN) with its Head Office at NNPC Towers, Herbert Macaulay Way, Central Business District, Abuja, Nigeria.

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REGIONAL AGENCY FOR AGRICULTURE AND FOOD(RFAF)

– REQUEST FOR EXPRESSION OF INTEREST TO SELECT FINANCIAL INTERMEDIARIES IN THE OPERATIONALIZATION OF THE WEST AFRICAN INITIATIVE FOR CLIMAT-SMART AGRICULTURE “WAICSA”

REQUEST FOR EXPRESSION OF INTEREST TO SELECT FINANCIAL INTERMEDIARIES IN THE OPERATIONALIZATION OF THE WEST AFRICAN INITIATIVE FOR CLIMAT-SMART AGRICULTURE “WAICSA”

DESCRIPTION:
In response to the impacts of climate change on agricultural productivity in West Africa, particularly on small producers, the Economic Community of West African States (ECOWAS) has developed a financial mechanism integrated into the Regional Fund for Agriculture and Food (RFAF) called the “West African Initiative for Climate-Smart Agriculture (WAICSA}”.

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SEARCH FOR COMMON GROUND NIGERIA

– INVITATION TO BID FOR FINANCIAL SERVICES INTERMEDIARY FOR TREASURY/ CURRENCY MANAGEMENT

SEARCH FOR COMMON GROUND NIGERIA
RFP NO: SFCG/NGR/2407/2020
INVITATION TO BID

Search for Common Ground is an international, non-sectarian, non-profit organization partnering with people around the world to ignite shared solutions to destructive conflicts Search work cut across all levels of society to build sustainable peace through three main avenues.

FINANCIAL SERVICES INTERMEDIARY
Search has been working in Nigeria since 2004, using innovative approaches to promote peace building in areas of tension and to encourage understanding across ethnic, religious, and gender lines. With offices in Abuja, Jos, Maiduguri, Yola, Benue, Bayelsa and Warri, we are working to address conflict, utilizing consensus based advocacy training, conflict resolution training, human rights monitoring and reporting and the facilitation of dialogue processes that engage all levels of society.

In accordance with the due process for award of contracts Search for Common Ground Nigeria is soliciting competitive bids from interested and reputable financial services

LOT NO. PROJECT TITLE/DESCRIPTION LOCATIONS
SFCG/NGR/2407/2020 Financial Services Intermediary for Treasury/ Currency Management. Abuja,

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BANK OF INDUSTRY- REQUEST FOR EXPRESSION OF INTEREST FOR THE PROVISION OF A MICROCREDIT CORE BANKING SYSTEM

BANK OF INDUSTRY
REQUEST FOR EXPRESSION OF INTEREST FOR THE PROVISION OF A MICROCREDIT CORE BANKING SYSTEM

The Bank of Industry is embarking on a series of projects providing loans to MSMEs across Nigeria.

To support this initiative, the client is seeking to engage the services of qualified entities with extensive and verifiable experience in the below-listed services and capabilities.

SCOPE OF WORK
Eligible firms will be required to provide the following capabilities:
a. Ability to create credit products and define product terms
b. Receipt of electronic credit applications, including KYC validation
c. Ability to support automated and human approvals of credit applications
d. Automatic credit assessment reviews
e. Ability to disburse to bank accounts of all 22 commercials banks, microfinance institutions, and other financial institutions
f. Creation and management of ledgers and loan positions of millions of candidate
g. Ability to integrate and support a variety of repayment channels with data provision on debt amounts, loan position updates, and reconciliations
h. Ability to integrate and report into other core banking applications
i. Ability to support and integrate into mandated 3rd-party applications for the purpose of data querying and update
j. Ability to produce separate financial statements per fund (credit product) managed by the application, or consolidated account funds

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GREENWICH TRUST LIMITED

– INVITATION TO BID FOR A PLANT IN NIGERIA

GREENWICH TRUST LIMITED

Greenwich invites investors to bid for a plant in Nigeria.

A State in the South West of Nigeria seeks to divest the majority of its stake in an independent power plant (IPP or the plant).
Closing date for submissions is 3pm (Nigerian time) on Monday, 22 June 2020.

The plant was solely conceived and developed by the State and is 90% to completion. The development of the plant is part of the State’s efforts to support infrastructural development aimed at driving industrialisation within the State.

Consequently, the State has engaged Greenwich Trust Limited (Greenwich) to act as its financial adviser in connection with the proposed sale of majority stake in the Plant.

On behalf of the State, Greenwich is pleased to invite prospective investors (PIs) to formally submit an Expression of Interest (EOI) indicating their interest to bid for the sale. The proposed sale is hereinafter denoted as (the transaction).
The transaction shall be by way of a competitive bidding process.

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BANK OF INDUSTRY

– REQUEST FOR EXPRESSION OF INTEREST FOR THE PROVISION OF MOBILE WALLET/CASHOUT SERVICES

BANK OF INDUSTRY
REQUEST FOR EXPRESSION OF INTEREST FOR THE PROVISION OF MOBILE WALLET/CASHOUT SERVICES

The Bank of Industry is embarking on a series of projects providing loans to MSMEs across Nigeria. To support this initiative, the client is seeking to engage in the services of qualified entities with extensive and verifiable experience in the below listed services and capabilities.

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