International Finance Corporation (IFC)- Expression Of Interest For Last Mile Digital Financial Service Agents And Merchants Expansion In Nigeria

DEADLINE: 6TH AUGUST, 2025
INTERNATIONAL FINANCE CORPORATION (IFC)
PROCUREMENT NUMBER:  0002017220
TITLE: LAST MILE DIGITAL FINANCIAL SERVICE AGENTS AND MERCHANTS EXPANSION IN NIGERIA

Description
IFC Financial Institutions Group is seeking to recruit two to three consulting firms responsible for the acquisition of financial service Agents and Merchants across the country. This will include recruitment, onboarding, training, merchandising and management with specific deliverables.

IFC has established a partnership with a financial service provider in Nigeria to scale up its mobile money business across the country with a focus on rural Nigeria. The purpose of this partnership is part of IFC digital financial services advisory program aimed at increasing financial access and usage by improving the quality and quantity of last mile distribution of digital financial services through Agents and Merchants networks across the country, and particularly in northern Nigeria. 

EOI Deadline: 08/06/2025 11:59 PM EDT

SELECTION OF CONSULTING FIRMS BY THE WORLD BANK GROUP

REQUEST FOR EXPRESSION OF INTEREST (EOI)

Electronic Submissions through WBGeProcure RFx Now

ASSIGNMENT OVERVIEW

Assignment Title: Last Mile Digital Financial Service Agents and Merchants Expansion in Nigeria

Assignment Countries: Nigeria

ASSIGNMENT DESCRIPTION
IFC Financial Institutions Group, Digital Financial Services team is seeking to recruit two consulting firms responsible for the acquisition of financial service Agents and Merchants across the country. This will include recruitment, onboarding, training, merchandising and management with specific deliverables.

IFC has established a partnership with a financial service provider in Nigeria to scale up its mobile money business across the country with a focus on rural Nigeria. This partnership is part of IFC digital financial services advisory program aimed at increasing financial access and usage by improving the quality and quantity of last mile distribution of digital financial services through Agents and Merchants networks across the country, and particularly in northern Nigeria.

FUNDING SOURCE
The World Bank Group intends to finance the assignment / services described below under the following:

TF0C4390: IFC

ELIGIBILITY
Eligibility restrictions apply:

SUBMISSION REQUIREMENTS
The World Bank Group invites eligible firms to indicate their interest in providing the services. Interested firms must provide information indicating that they are qualified to perform the services (description of similar assignments in Nigeria, experience in similar conditions, availability of appropriate skills among staff with CVs, etc.).

Please note that the total size of all attachments should be less than 5MB and not more than 20 pages.

Firms may associate to enhance their qualifications unless otherwise stated in the solicitation documents. Where a group of firms associate to submit an EOI, they must indicate which is the lead firm. If shortlisted, the firm identified in the EOI as the lead firm will be invited to the request for proposal (RFP) phase.

Expressions of Interest should be submitted, in English, electronically through WBGeProcure RFx Now

NOTES:
Following this invitation for EOI, a shortlist of qualified firms will be formally invited to submit proposals. Shortlisting and selection will be subject to the availability of funding.

Only those firms which have been shortlisted will be invited to participate in the RFP phase. No notification or debrief will be provided to firms which have not been shortlisted.

If you encounter technical difficulties while uploading documents, please send an e-mail to the Help Desk at corporateprocurement@worldbank.org prior to the submission deadline.

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Qualification Criteria