Expression of Interest For Municipal Creditworthiness Technical Assistance For Secondary Cities In South Africa

Expression of Interest for Municipal Creditworthiness Technical Assistance for Secondary Cities in South Africa The World Banks City Creditworthiness Initiative is a global program designed to help cities and municipalities strengthen their financial standing and improve access to private and commercial financing. The Initiative works with sub-national governments to address demand-side constraints to creditworthiness, improve the quality and transparency of financial management systems, and position municipalities to engage with capital markets for infrastructure investment. In South Africa, the Initiative, delivered in close partnership with the National Treasury, recently concluded a Municipal Creditworthiness Learning Program that engaged 14 secondary cities across the country. The Academy provided structured, cohort-based learning to help participating municipalities understand the fundamentals of creditworthiness, municipal finance, and the requirements for accessing commercial and blended finance. It built a shared foundation of knowledge across the 14 secondary cities and generated important diagnostic insights into the constraints and opportunities facing them in accessing private capital. Building on the Academy, the Initiative is now moving to a deeper, hands-on phase of engagement with 2 selected secondary cities. The overarching purpose of this phase is to enable each participating municipality to successfully raise commercial finance for priority infrastructure investment. The firm will work directly with each municipalitys technical and financial teams, operating in close coordination with the World Bank and National Treasury, who will provide oversight, technical guidance, and strategic direction throughout. The firms role is to provide technical assistance to the municipality, building the municipalitys capacity, preparing the necessary analysis and documentation, and actively supporting the municipality through each step of the process required to bring it to a position where it can credibly approach and secure commercial financing. The World Bank is seeking to engage a specialized consulting firm with demonstrated expertise in South African municipal finance, capital markets, and infrastructure project preparation to deliver this assignment. Tender Link : https://wbgeprocure-rfxnow.worldbank.org/rfxnow/public/advertisement/7294/view.html