Expression of Interest For Market And Regulatory Assessment Of Côte DIvoireS Music Industry

Expression of Interest for Market and Regulatory Assessment of Côte dIvoires Music Industry. Publication Date: 02/13/2026 12:00 AM EST EOI Deadline: 02/19/2026 11:59 PM EST Description: IFC, a sister organization of the World Bank and member of the World Bank Group, is the largest global development institution focused exclusively on the private sector in developing countries. It fosters sustainable economic growth in developing countries by financing private sector investment, mobilizing private capital in local and international financial markets, and providing advisory and risk mitigation services to businesses and governments. A full description of advisory and investment offerings of IFC is available at www.ifc.org. Creative Industries refers to those industries which have their origin in individual creativity, skill and talent and which have a potential for wealth and job creation through the generation and exploitation of intellectual property[1]. IFCs Creative Industries work is focused on four verticals: audio-visual media, sports and entertainment, fashion, cultural tourism, and the creative technologies that help creators monetize their work. IFC is looking to start engaging in the music sector in Africa. Creative Industries represent between 2% and 7% of GDP in emerging markets, given their economic multiplier and spillover effects on other sectors such as tourism, real estate and manufacturing. Furthermore, they represent a highly inclusive set of sectors that support income generation, foster innovation and employ a disproportionately large share of youth and women. Despite musics growing global market, particularly in Africa, which recorded 22.6% growth in 2024Africa accounts for less than 0.5% of the total music economy value. Côte dIvoire presents a compelling opportunity for targeted support, with strong government leadership in cultural policy and a growing music ecosystem. However, challenges such as copyright enforcement, royalty collection, limited investment, and weak infrastructure constrain the sectors potential. IFC is seeking a consulting firm to conduct a regulatory and market study of Côte dIvoires music sector to inform future advisory and investment activities. This initiative aligns with IFCs broader strategy to catalyze inclusive, creative-economy-led growth in emerging markets. Tender Link : https://wbgeprocure-rfxnow.worldbank.org/rfxnow/public/advertisement/6590/view.html

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