Guide to business opportunities
The African Development Bank provides financing to countries in Africa of a significant magnitude every year. The recipient countries, in turn, use these funds to procure goods, works and services to implement the projects. The agency implementing the project is responsible for procurement. The contracts with the contractors, suppliers and consultants are signed by the Borrower and the Bank is not a party to the contract. However, in terms of its fiduciary responsibility, the Bank has to ensure that the agreed procurement procedures and the fundamental principles of efficiency, fairness, transparency and equal opportunity are followed.
The Procurement Policy of the Bank is articulated in the following two documents:
- Rules and Procedures for Procurement of Goods and Works and
- Rules and Procedures for the Use of Consultants.
The African Development Bank requires its borrowers to submit timely notification of bidding and consulting opportunities. Apart from this web-site, the opportunities are published at UN Development Business (UNDB). The UNDB also publishes information on business opportunities generated by other Multilateral Development banks and development agencies. Development Business is available in either print format or by online subscription. More information is available on the web-site of UNDB.
The various notices published on this web-site and in UNDB online include:
- General Procurement Notices (GPNs)
On the approval of a project, a General Procurement Notice (GPN) is published in UNDB online as well as this web-site. The GPN contains information about the project including procurement requirements under the project.
- Specific Procurement Notices (SPNs)
An SPN is a follow up of a GPN for invitation to bid, prepared by the Borrower (in consultation with the Bank), which gives detailed information on a particular contract of a project under International Competitive Bidding (ICB). This notice is published simultaneously in UNDB and in the newspaper of the Borrower's country.
- Expressions of Interest (EOIs)
These are invitations to consultants to express their interest in a specific consultancy assignment. Based on the capacity and capability of the interested consultants for the assignment, the Borrower sends Requests for Proposals to a shortlist of consultants.