Local Champions Initiative Senegal

World Bank Group

Published: Aug 12, 2026

Updated: Aug 13, 2026

Source: world_bank_egp

About This Opportunity

This is a consulting contract in the trade and industry and finance and banking sectors, with a focus on Banking and Investment. Located in Senegal, Africa, this opportunity is open to firms and consortiums. Proposals must be submitted before August 27, 2026.

Published through WB eGP - World Bank e-Government Procurement, 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 trade and industry 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

IFC — a member of the World Bank Group — is the largest global development institution dedicated to private sector development in emerging markets. Operating in more than 100 countries, IFC deploys its capital, expertise, and networks to create markets and unlock opportunities across the developing world. IFC harnesses the transformative power of private enterprise to generate employment, drive economic growth, and advance shared prosperity. For more information, visit www.ifc.org . IFC's Local Champions Initiative (LCI) is designed to deepen investment pipelines and support structured growth pathways of MSMEs that combine capacity building, financing, and sustained client engagement to drive business growth, job creation, and private sector development. Spearheaded by IFC's Fragile and Conflict Situations team (FCS Africa) across the continent's most fragile and conflict-affected markets, the initiative is now seeking to expand its reach to non-fragile countries where access to finance for small, and medium enterprises (SMEs) remains a critical barrier to growth. Building on this momentum, the IFC Senegal Country Management Unit, in close collaboration with the FCS Africa team, is leading the launch of an assessment phase of the Local Champions Initiative in Senegal. This phase is designed to develop a rigorous understanding of the SME ecosystem, mapping financing pathways and diagnosing critical gaps, while identifying and screening prospective businesses to assess their bankability, investment readiness, and technical assistance needs. The insights and pipeline generated will directly inform a subsequent implementation phase aimed at expanding IFC's investment portfolio, strengthening the capacity of local private sector actors and supporting their growth, and advancing IFC's country strategy in Senegal by addressing persistent financing constraints and catalyzing sustainable, locally led economic development.

Data provenance

This notice is sourced from WB eGP - World Bank e-Government Procurement and was originally published on August 12, 2026. Last refreshed 2 days ago. BidsFactory mirrors official procurement notices and links back to the source for full legal text.

About World Bank Group

World Bank Group has issued 444 procurement notices on BidsFactory, including 31 currently open and 0 awarded contracts. Activity concentrates in Governance & Public Administration, Finance & Banking, and Information & Communication Technology. Tenders span 10 countries including Senegal, Uzbekistan, and Chile. Notices are distributed via WB eGP - World Bank e-Government Procurement. Most recent publication: August 14, 2026.

Frequently asked questions about this tender

What type of contract is this?

This is a Consulting contract in the Trade & Commerce 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 Senegal. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.

How can I submit a bid?

Visit WB eGP - World Bank e-Government Procurement to access the full notice, required documents, and submission instructions provided by the contracting authority.

When does this tender close?

The submission deadline is August 27, 2026. You have 12 days left to prepare and submit your proposal to the contracting authority.

Who is the contracting authority?

This notice was issued by World Bank Group in Senegal. The authority is responsible for evaluating bids, awarding the contract, and managing performance.