Tenders/Consultancy Services for Senior Economist as Chief Economic Advisor to the Governor of the Central Bank of Somalia (CBS) - FSDP

Open🇸🇴SomaliaConsulting

Consultancy Services for Senior Economist as Chief Economic Advisor to the Governor of the Central Bank of Somalia (CBS) - FSDP

AfDB - Somalia

Published: Oct 28, 2026

Updated: Oct 29, 2026

Source: AfDB - African Development Bank

About This Opportunity

EOI | Somalia

This is a consulting contract in the finance and banking sector, with a focus on Banking. Located in Somalia, Africa, this opportunity is open to firms and consortiums.

Published through AfDB - African Development Bank, a multilateral development bank that follows standardized international procurement guidelines. Projects funded by multilateral institutions are generally open to international bidders from eligible member countries for consulting in the finance and banking sector. Consulting assignments are typically evaluated with a strong emphasis on the technical proposal, including the methodology and qualifications of key experts. Shortlisted firms may be invited to submit financial proposals in a second stage. Interested parties should review the full documentation on the original source before submitting their proposal.

Description

28-Oct-2026 The consultant will provide high-level strategic, technical and institutional advisory support to the Governor of the Central Bank of Somalia (CBS), focusing on revenue diversification and financial sustainability, monetary and exchange rate policy readiness, reserve management, macroprudential policy and financial stability, and institutional reforms aligned with CBS Strategy 2029. The assignment will include conducting financial and institutional assessments, developing policy frameworks and implementation roadmaps, supporting the Financial Stability Committee, reviewing progress under CBS Strategy 2029, and strengthening institutional coordination and technical capacity. The consultant will also provide technical advice, facilitate knowledge transfer, support agreed initial implementation activities, and, where formally requested, assist with regional and international engagement. The consultancy will be implemented over nine months in coordination with the Governor and relevant CBS departments, with decision-making and implementation authority remaining with CBS. https://www.afdb.org/sites/default/files/documents/project-related-procurement/reoi_individual_consultancy_services_for_senior_economist_as_chief_economic_advisor_to_the_governor_of_the_central_bank_of_somalia_cbs.pdf

Data provenance

This notice is sourced from AfDB - African Development Bank and was originally published on October 28, 2026. Last refreshed 8 days ago. BidsFactory mirrors official procurement notices and links back to the source for full legal text.

About AfDB - Somalia

AfDB - Somalia has issued 32 procurement notices on BidsFactory, including 5 currently open and 0 awarded contracts. Activity concentrates in Governance & Public Administration, Finance & Banking, and Construction & Civil Works. All notices are published for Somalia. Notices are distributed via AfDB - African Development Bank. Most recent publication: October 28, 2026.

Frequently asked questions about this tender

Who is the contracting authority?

This notice was issued by AfDB - Somalia in Somalia. The authority is responsible for evaluating bids, awarding the contract, and managing performance.

What type of contract is this?

This is a Consulting contract in the Finance & Banking sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.

Where will the contract be performed?

The contract is for delivery in Somalia. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.

How can I submit a bid?

Visit AfDB - African Development Bank to access the full notice, required documents, and submission instructions provided by the contracting authority.