Provision of subscription for access to statistical databases and knowledge products for 3 years

High debt-to-GDP levels, high fiscal deficits, high costs of borrowing, and depreciation of many African currencies against the euro and the dollar have been the main challenges facing African countries exacerbated by the rent economic crises including the COVID-19 pandemic and the war in Ukraine. Most African governments have taken steps over the past few years to strengthen their macroeconomic frameworks such as debt management strategies and procedures. However, these have not been very effective as debt levels remain relatively high in most African countries. Debt vulnerabilities remain elevated, with many African countries, especially LICs, facing high interest payments but with elevated refinancing needs, in the context of limited revenue mobilization ability, low growth prospects, and declining ODA, hence exacerbating fiscal challenges. These developments call for robust and coordinated immediate responses guided by evidence-based and -driven research that leverages on multilateral cooperation to address and mitigate these challenges. Befitting its think-tank role, the current situation provides immense opportunities for ECA to provide thought leadership, looking beyond the recent emergency phase, to rethink traditional development models that could enhance the continent’s growth by addressing its macroeconomic and structural vulnerabilities to boost resilience to shocks, safeguard macroeconomic stability, and unlock countries’ growth potential. As the continent embarks on its recovery efforts, it is imperative for ECA to seize this opportunity and put forward an alternative vision that could break the vicious cycle of indebtedness and aid dependence and increase access to debt markets at relatively lower borrowing costs. To fulfill this mandate the ECA needs to have access to and utilize comprehensive analytical knowledge products and the associated real time or most recent datasets pertaining to countries’ performance I Africa and beyond. It is in this regard that the ECA seeks the services of a company or institution to provide the necessary data and knowledge products that could help ECA in its economic growth, fiscal and monetary policy management support to African countries as they respond and recover from the consequences of the recent crises, including, but not limited to the envisaged economic vulnerabilities as a result of high debt risk or debt distress and high fiscal deficits. The knowledge products and its associated datasets should provide, among others, the opportunity to access analyses and data on most recent economic issues affecting the world and the African continent, and macroeconomic forecasts. Apart from these, the company/institution should also provide access to macroeconomic data and forecasts from various sources such as World Bank, IMF, EIU etc., country analytical reports with economic forecasts and insights, political risk assessments, daily and weekly events-driven analyses, the macroeconomic databank and comprehensive forecasts for all the 54 countries, excel download capabilities Specific Requirements/Information 1. Terms of References for the entire contract period will be provided in the solicitation document. 2. Proposers must provide Secure and reliable links for data and knowledge products download. 3. Proposers should have prior experience of providing similar services to international organizations