🌍
Liberia
ocds-bidanga-LR-OP00349094
activetender
Hiring of Project Finance Officer for the Ministry of Commerce and Industry through the Liberia Investment, Finance and Trade Project (LIFT-P)
Deadline
April 14, 2025
Published on April 1, 2025 at 12:00 AMModified on June 12, 2026 at 12:30 PM
Key information
- Type
- Conseil & Études
- Procuring Entity
- Ministry of Commerce and Industry
- Location
- 🌍 Liberia
- Deadline
- April 14, 2025 at 12:00 AMClosed
- Estimated Value
- Not disclosed
- Language of Notice
- English
Description
REPUBLIC OF LIBERIA
MINISTRY OF COMMERCE & INDUSTRY
LIBERIA INVESTMENT, FINANCE AND TRADE PROJECT (LIFT-P)INSURANCE BUILDING, 5TH STREET-SINKOR, OPPOSITE CONEX GAS STATION MONROVIA, LIBERIA
P.O. Box 9041, 1000 Monrovia, 10 Liberia
www.moci.gov.lr
REQUEST FOR EXPRESSION OF INTEREST (REOI)
(CONSULTING SERVICES)
Individual Consultant Selection (INDV)
RE-ADVERTISED March 28, 2025
| No. | Assignment Titles |
|---|---|
| Procurement Method | Duration |
•
| FINANCE OFFICER | Individual Consultant Selection (INDV) Method | 1 Year Background The Republic of Liberia through the Ministry of Commerce & Industry has received Financing from the International Development Association (IDA) towards the cost of implementing the Liberia Investment, Trade & Finance Project (LIFT-P) and it intends to apply part of the proceeds of the Financing towards payments under the contract for above mentioned position for the Ministry of Commerce and Industry (MOCI). under the Liberia Investment, Finance and Trade Project (LIFT-P) of the Ministry of Commerce and Industry. The overall objective of the LIFT-P is to improve the investment climate, expand sustainable access to finance, and increase the efficiency of trade in Liberia and help formal MSMEs recover from the impact of the COVID-19. The LIFT-P is an explicit contributor to the FY19-FY24 Country Partnership Framework (CPF) The detailed Terms of Reference (TOR) for this position can be found below . The Ministry of Commerce and Industry now invites eligible and interested Individual Applicants (“Consultants”) to indicate their interest in providing the required Services. Interested Consultants should provide information demonstrating that they have the required qualifications and relevant experience to perform the required Services. The shortlisting (qualification) criteria are listed as per the Terms of Reference. Applicants must have minimum qualifications and experience as per the Terms of Reference. Applicants will be selected in accordance with the Individual Consultant Selection (INDV) as set out in the World Bank Procurement Regulations for IPF Borrowers dated July 2016 as Revised in November 2017, August 2018, November 2020, September 2023 and February 2025. Further information can be obtained at the address below during office hours, i.e., 0900 to 1600 hours GMT, Monday to Friday. The deadline for submission of Expressions of Interests is on Monday April 14, 2025. Please submit your Expressions of Interest with a letter of interest to the addresses below only by email by indicating the position title in the subject line of the email. Please note that ONLY shortlisted Applicants will be contacted. Liberia Investment, Finance and Trade Project (LIFT-P) Attn: Joseph Blanco Human Resource Director First Floor, Commerce Building EJS Ministerial Complex, Congo Town Monrovia, Liberia E-mail: [email protected] Cc: [email protected] and [email protected] Terms of Reference | Post Tile: |
|---|---|---|---|
| Finance Officer | Location of Post: | Project Implementation Unit - Ministry of Commerce and Industry, 5th Street, Sinkor Monrovia, Liberi | Contract Duration: |
| One (1) year (Full- Time) with possibility of extension based on performance and availability of funds. | Report Line: | Project Coordinator | Recruitment: |
| National Position | Type of Contract | Time Based ContractBackgroundThe Government of Liberia, through the Ministry of Commerce and Industry (MoCI) is implementing the Liberia Investment, Finance and Trade Project (LIFT-P) with financing from the International Development Association (IDA) and the International Bank for Reconstruction and Development (IBRD) of the World Bank Group. The total project funding is 40 million Dollars in both loan and grant.The World Bank is supporting the Liberia Investment, Finance and Trade Project under four (4) components, namely, Component 1: Trade & Investment-Enabling Environment, Component 2: SME Access to Markets and Finance, Component 3: Digital Financial Services Infrastructure and Component 4: PIU and Contingency Emergency Response Component (CERC). The Liberia Investment, Finance and Trade Project therefore invites the services of an individual consultant with proven experience in project procurement management to express interest in providing consultancy services to support the procurement specialists in the implementation of the LIFT Project.The overall objective of the LIFT Project is to improve the investment climate, strengthen firm capabilities, expand financial access, and help formal Mqicro, Small and Medium Enterprises (MSME) recover from the impact of the COVID-19.The LIFT- P is an explicit contributor to the FY19-FY24 Country Partnership Framework (CPF) Pillar I: Strengthening Institutions and Creating an Enabling Environment for Inclusive and Sustainable Growth. Specifically, the project implements Objective 3 of the CPF, that seeks a more enabling environment for the development of Small and Medium Enterprises (SMEs). The Project furthers the CPF’s objective by fostering the emergence of an inclusive private sector through a more hospitable investment climate, expanded access to finance, and stronger market governance. The ERTP envisions the removal of key regulatory constraints and will facilitate trade and expand access to finance. Specifically, it will focus on (i) the regulatory areas where Liberia ranks low on Doing Business indicators, (ii) implementation of the Financial Sector Development Implementation Plan and National Financial Inclusion Strategy, (iii) implementation of the Insolvency and Restructuring Law adopted in 2017, and (iv) support for Liberia’s implementation of commitments to the World Trade Organization (WTO), Trade Facilitation Agreement, since adoption of the long-awaited Customs Code.The project supports a Jobs and Economic Transformation (JET) framework for Liberia and its two pillars on which the outcomes sit: better market functioning and improved firm capabilities. In doing so, the project targets six of the ten-building block in this framework as a complement to other parallel activities under the Liberia CPF supporting macroeconomic management, infrastructure services, employment policy and human capital. The project takes account of the Government Recovery Program (GRP) project that seeks to support otherwise viable growth oriented private enterprises that were adversely impacted by the effects of the pandemic. As the mechanism for firm level support is structured, guardrails will be established to prevent adversely impacting financial discipline and commercial credit underwriting needed for a sustained recovery. At the same time, with various indicators highlighting access to finance as an issue, attention to expanding digital financial services (DFS) is needed.In addition to its contribution to the Jobs agenda, the Project design supports a range of IDA priorities including Gender, Climate, Governance, Fragility, Conflict & Violence and Maximizing Finance for Development (MFD). The project will ensure that women-oriented training and eligibility will be included in firm support and financial access component by deliberately incorporating, in the design of project activities, features that seek to address the identified gaps between men and women with respect to their participation in economic activity in the country, especially around differential constraints and performance between women-owned and men-owned firms. These include the reforms to the business environment (e.g., registration, permits and access to finance), as well as activities to support SMEs and entrepreneurs. The project will monitor the extent to which activities are contributing toward closing gender gaps by measuring, among other things: (i) the number of women led MSMEs with a loan through the project; and (ii) the percentage of women that are covered by the credit registry. Finally, as a foundational project to strengthen the public sector’s ability to facilitate growth of the private sector on a sustainable basis, significant efforts will be devoted to institution building activities in key agencies. In this light, the project’s concept identifies the strengthening of institutional functioning, streamlining of business processes and use of automation to lower costs, improve services and remove face-to face interactions.The Project will be implemented in all 15 counties of Liberia for the next 5 years.The components of the project are as follows;Component I. Investment Climate and Trade (US$16.0 million). This component supports improvements in Liberia’s business environment by strengthening critical Government to Business (G2B) services covering international trade, business licensing and private investment.Component II. SME Access to Markets and Finance (US$11.0 million). This component seeks to capitalize on emerging national, regional and international trade opportunities and the existence of Foreign Direct Investment in Liberia, to offer a combination of technical assistance and finance to support SMEs to access markets, improve capabilities and increase productivity.Component III: Digital Financial Services Infrastructure (US$9.0 million).Component IV. Project Implementation, M&E and CERC (US$4.0 million). This component will support: (i) Government and other actors capacity strengthening for coordination, design, and implementation; (ii) the administrative, technical, procurement of goods and services, and financial management of the project by Project Implementation Unit (PIU) under the oversight of Project Steering Committee; (iii) the coordination among all institutional partners to ensure the efficient flow of information among all actors and coordination with the private sector; (iv) the establishment of monitoring and evaluation (M&E) mechanism of the project’s results and impact; (v) the developme |
Tender Timeline
Publication
April 1, 2025
Bid Submission Deadline
April 14, 2025
Evaluation & Award
Pending
Contract Signature
Pending
Procuring Entity
- Procuring Entity
- Ministry of Commerce and Industry
- Country
- Liberia
- Contact person
- Julius Saye-Kehnel
- [email protected]
- Phone
- 0777201863