GENERAL PROCUREMENT NOTICE

 

Country: KENYA

Project Name: ISLAMIC FINANCE GRANT PROGRAM TO DEVELOP ISLAMIC FINANCE HOUSING PRODUCTS

Sector: FINANCING HOUSING DELIVERY AND URBAN DEVELOPMENT

Mode of Financing: ISLAMIC FINANCE GRANT

Financing No:  ZZZ2739

 

SHELTER AFRIQUE has received financing in the amount of ID 174,242 (Islamic Dinar One Hundred and Seventy-Four Thousand Two Hundred and Forty-Two), approximately USD 230,000 (United States Dollar Two Hundred and Thirty Thousand equivalent) from the Islamic Development Bank toward the cost of the Islamic Finance Grant Program to Develop Islamic Finance Housing Products. It intends to apply part of the proceeds to payments for  consulting services to be procured for this Project. Shelter Afrique will jointly finance this Project.

 

The Project will include the following components:

Component A

1. Conducting a study on the regulatory, legal and economic frameworks for implementing Islamic Finance products by Shelter Afrique for Affordable Housing Delivery and Urban Development in Africa.
2. Conducting a diagnostic assessment of Shelter Afrique’s operational processes to enhance operational efficiency and be well suited for implementing Islamic Finance products.
3. Review and adapt similar existing Islamic finance facilities and propose an Islamic finance structure relevant to Shelter Afrique.
4. Design and submit operational and implementation guidelines for the product.
5. Design and submit for approval the relevant policies and procedures to guide staff/management/board of Shelter Afrique in the appraisal, approval and disbursement of Islamic financing to eligible projects/programs and member states.
6. Design and submit templates for approval, as well as reporting and project audit requirements.
7. Benchmark the final document with similar templates in other relevant institutions, regionally and globally.

Component B

8. Capacity-building activities for the staff of Shelter Afrique and other related stakeholders and financial services providers.
9. Financial literacy and awareness campaign about Islamic finance products.

The main consulting services that will be procured for this project include:

1. Consultancy Services for conducting a study on the regulatory, legal and economic frameworks for implementing Islamic Finance products.
2. Consultancy Services for capacity-building for the staff of Shelter Afrique and awareness campaign about Islamic finance products

Procurement of contracts financed by the Islamic Development Bank will be conducted through the procedures specified under the Guidelines for the Procurement of Consultant Services under Islamic Development Bank Project Financing (April 2019, revised in February 2023) and is open to all eligible bidders as defined in the guidelines.

 

Requests for Expression of Interest for contracts for consultancy services (QCBS-International Shortlist) will be announced as they become available on IsDB Website, UNDB Online and DG Market as well as the Shelter Afrique website (www.shelterafrique.org).

Interested eligible firms who would wish to be considered for the provision consulting services for the Project mentioned above, or those requiring additional information, should contact the Beneficiary at the address below:

Shelter Afrique Centre

Dr Muhammad M. Gambo

Manager - Strategy, Policy, Research and Partnerships

Shelter Afrique, Nairobi, Kenya

Longonot Road, Upper Hill

P.O. Box 41479,00100 Nairobi, Kenya

Tel: +254-70-17-62609, +254-20-27-2722305-9 Fax: +254-20-2722024, 2721211

Email: mgambo@shelterafrique.org, info@shelterafrique.org, Website: www.shelterafrique.org