The overarching objective of the African Development Bank (AfDB) Group is to spur sustainable economic development and social progress in its regional member countries (RMCs), thus contributing to poverty reduction.
The corporate procurement function is responsible for the acquisition of Goods, Services, Real Estate and Works necessary for the discharge of the institutional activities of the Bank.
Common goods and services regularly procured by AfDB include the following items:
- IT services & equipment
- Office furniture & equipment
- Safety & security equipment & services
- Leasing and rental
- Advertising & communication
- Building repair & maintenance
- Financial services.
The Bank has in place guidelines for sustainable procurement that ensures all procurement processes are implemented in a sustainable manner.
The Bank funds development projects and programs in RMCs. Such funding generates opportunities for the business community and provides them with an opportunity to support economic and social development in the continent and also to alleviate poverty which is one of the principal functions of the Bank. The recipient countries use these funds to procure goods, works and services to implement the projects and are responsible for the procurement process. As part of its fiduciary responsibility, the Bank ensures that the procurement procedures and the fundamental principles of efficiency, fairness, transparency, competition and equal opportunity are followed. To access the Bank’s project procurement policy, click here: http://www.afdb.org/en/projects-and-operations/procurement/resources-for-businesses/guide-to-business-opportunities/
For projects financed by the Bank resources, the charter requires suppliers for contracts for institutional activities and projects to be nationals of a member country. Only bidders from a member country of the Bank are eligible to participate in the procurement process. For goods to be eligible, they must originate from a member country. To access the member countries of the Bank, click here: http://www.afdb.org/en/countries/.
In addition, the Bank recruits individual consultants and consulting firms to carry out specific assignments relating to the business of the Bank. To access such opportunities, click here: http://www.afdb.org/en/projects-and-operations/procurement/resources-for-businesses/expressions-of-interest-for-consultants/