Tenders Are Invited For Selection Of Transaction Advisor For The Expansion Of Capital Base Valuation Of Shares And Capital Restructuring For The Ecowas Bank For Investment And Development Ebid

Tenders Are Invited For Selection Of Transaction Advisor For The Expansion Of Capital Base Valuation Of Shares And Capital Restructuring For The Ecowas Bank For Investment And Development Ebid Terms Of Reference For The Selection Of Transaction Advisor For The Expansion Of Capital Base Valuation Of Shares And Capital Restructuring For The Ecowas Bank For Investment And Development Ebid Deadline For Receipt Of Tenders March 31 2021 At 4 00 P M GmtI General Presentation Of EbidThe Ecowas Bank For Investment And Development Ebid Is The Financial Arm Of The Economic Community Of West African States Ecowas Comprising Fifteen 15 Member States Namely Benin Burkina Faso Cape Verde C te DIvoire The Gambia Ghana Guinea Guinea Bissau Liberia Mali Niger Nigeria Senegal Sierra Leone And Togo Ebid Emerged As A Banking Group The Ebid Group After The Transformation Of The Erstwhile Fund For Cooperation Compensation And Development Of The Economic Community Of West African States Ecowas Fund In 1999 The Ecowas Fund Was Established In 1975 At The Same Time As The Erstwhile Executive Secretariat Of The Economic Community Of West African States The Present Ecowas Commission And Commenced Operations In 1979 Ecowas Bank For Investment And Development Ebid Started Operations In 1999 As A Holding Company With Two Specialized Subsidiaries Ecowas Regional Development Fund Erdf For Financing The Public Sector Ecowas Regional Investment Bank Erib For Financing The Private SectorIn 2006 The Ecowas Authority Of Heads Of State And Government Decided To Reorganize The Ebid Group Into One Unified Entity With Two Windows One For Promoting The Private Sector And The Other For Developing The Public Sector In Order To Extend The Services Of The Bank To A Wider Range Of Stakeholders Involved In Sustainable Economic Development Activities And Programs At National And Regional Levels The Bank Has Been Operating Under The New Structure Since January 2007 The Authorized Capital Of Ebid Is One Billion Units Of Account Ua Consisting Of One Million 1 000 000 Shares Of Nominal Value Thousand 1 000 Ua The Called Capital Is In The Amount Of Ua 392 741 332 As At 31St December 2019 The Headquarters Of The Bank Is In Lom Togolese Republic VisionThe Vision Of The Bank Is To Be The Leading Regional Investment And Development Finance Bank In West Africa A Powerful Financial Institution For Private Sector Promotion And Financing In The Region And An Effective An Effective Instrument For Poverty Alleviation Wealth Creation And Job Promotion For The Well Being Of The People Of The Region Mission And ObjectivesThe Mission Of Ebid Is To Contribute Towards Creating The Conditions Capable Of EnhancingThe Emergence Of An Economically Strong Industrialized And Prosperous West Africa ThatIs Perfectly Integrated Both Internally And In The Global Economic System In Order ToBenefit From The Opportunities Offered By Globalization By Virtue Of Its Articles Of Association The Bank Aims To Contribute To Attaining The Objectives Of The Community By Supporting InfrastructureProjects Relating To Regional Integration Or Any Other Development Projects In ThePublic And Private Sectors Assist In The Development Of The Community By Funding Special Programs Corporate ObjectThe Corporate Object Of The Ebid Is To Grant Loans And Guarantees For Financing Investment Projects And ProgrammesFor The Economic And Social Development Of Member States Mobilize Resources Within And Outside The Community For The Financing Of ItsInvestment Projects And Programmes Provide The Technical Assistance Necessary Within The Community For The Study Preparation Financing And Execution Of Development Projects And Programmes Receive And Manage The Portion Of The Community Levy Resources Meant ForFinancing Of Community Development Projects Manage Any Community Special Funds Relevant To Its Corporate Object Carry Out Any Commercial Industrial Or Agricultural Activity In As Much As SuchActivity Is Secondary To Its ObjectWithin The Scope Of Its Corporate Object The Bank Cooperates With National And Subregional Development Organizations Operating Within The Community In The Same Vein ItCooperates With Other International Organizations With Similar Aims And Objectives AndOther Institutions Involved In The Development Of The Community Ii Scope Of The AssignmentEbid Seeks The Services Of A Transaction Advisor Transaction Advisor Or Consultant To Provide Financial Advisory Services In Connection With The Expansion Of Its Capital BaseIn Order To Bring On Board Non Regional Shareholders Additionally The Transaction AdvisorWill Be Expected To Undertake A Valuation Of Shares Of The Bank Propose Optimal CapitalRestructuring Of The Bank And Provide Recommendations As To The Required Capital InjectionBy The Non Regional Members 4Specifically The Transaction Advisor Shall Review The Current Capital Structure In Line With The BankS Articles Of AssociationAnd Establish An Optimal Capital Structure For Subscription By Non RegionalMembers Ascertain The Market Value Of The BankS Shares By Undertaking An IndicativeValuation Of The Shares Of Ebid Using Valuation Approaches Establish Or Propose New Classification Of Shares In Line With The BankS Articles OfAssociation Develop A Capital Improvement Plan To Enhance A Strong Capital Base In Other ToWithstand Business Risk Propose Any Premium To Be Paid By Non Regional MembersIii Duration Of The MandateThe Transaction Advisor Is Expected To Complete The Assignment Within A Period Of Sixty 60 DaysIv Expected DeliverablesAt The End Of Its Work The Transaction Advisor Should Draft A Share Valuation Report And A Capital Restructuring Report V Eligibility CriteriaFirms Must Meet The Following Criteria Be A Member Or Partner Of An International Network Demonstrate Not Less Than 10 Year Of Experience In Corporate Finance BusinessValuation And Capital Market Support Experience In Executing Projects Of Similar Nature For Financial DevelopmentFinancial Institutions And Commercial Banks Organizations With Similar Configuration The Delivery Team Should Include Professionals Who Hold Relevant ProfessionalQualifications Cfa Cva Acca Etc And Have Extensive Experience In TheDevelopment Of Models For Dfis And Commercial Banks In West Africa Be Up To Date With Its Tax And Other Statutory Obligations Bilingual Technical Staff French English Vi Evaluation CriteriaThe Criteria And Sub Criteria For Evaluating The Technical Offer Are As Follows 5FirmS Experience General Experience And International Membership Experience With Development Banks And International Institutions20 Pts10 Pts10 PtsMethodology And Work Plan Technical Approach And Methodology Work Schedule 55 Pts40 Pts15 PtsQualification And Competence Of Key Personnel Team Leader 15 Years And Holder Of Cfa Acca Ca Financial Modeler Analyst 12 Years And Holder Of Acca Cva Cfa Business Advisor 10 Years And Degree In Finance Economics Accounting Legal Expert 10 Years In Capital Markets And Advance Degree In Law 25 Pts10 Pts5 Pts5 Pts5 PtsThe Minimum Technical Score Required Shall Be 80 Points Out Of 100 Vii Content Of OffersThe Technical Offer Must Include All The Information Necessary For Its Proper EvaluationIncluding The Presentation Of The Firm Social Form Addresses Location Fields Of Activity Organization Professional References Belonging To A Network Etc The Proposed Working Methodology The Timetable And Deadlines For Completion Of Work Organization Of The Team Curricula Vitae And Copies Of The Officers Degrees The Certificate Certifying That The Social Security Contributions Have Been Paid The Certificate Constituting A Fiscal Discharge Proof Of Affiliation To An International NetworkThe Financial Offer Will Be Presented Less Tax And Will Include A Transmittal Or Application Letter A Detailed Financial Proposal In The Form Of A Quantitative Estimate An Estimate OrA Price ListIn Addition The Financial Offer Must Include All Fees Fees Reimbursable Expenses AndOther Disbursements The Conditions Of The Contract Concluded Are Not Revisable DuringThe Mandate Ebid Reserves The Right To Have All Information Verified And If Necessary Exclude AnyTenderer Who Has Provided Incorrect Or Incomplete Information 67Viii Presentation And Submission Of TendersThe Technical And Financial Offers Must Be In English 3 Copies And French 3 Copies And Presented In Three 3 Envelopes One 1 Outer Envelope Containing Two Inner Envelopes A First Closed And Sealed Inner Envelope Containing The Technical Proposal A Second Closed And Sealed Inner Envelope Containing The Financial OfferThe Envelopes Must Be Presented As Follows Outer Envelope Call For Tenders For The Selection Of Transaction Advisor ForThe Ecowas Bank For Investment And Development Ebid 128 Boulevard Du 13 JanvierBp 2704 Lom TogoTel 228 22 21 68 64 1St Inner Envelope Containing The Technical Offer Call For Tenders For The Selection Of Transaction Advisor ForThe Ecowas Bank For Investment And Development Ebid Technical OfferTo Be Opened Only During The Opening Of Bids Session 2Nd Inner Envelope Containing The Financial Offer Call For Tenders For The Selection Of Transaction Advisor ForThe Ecowas Bank For Investment And Development Ebid Financial Offer8To Be Opened Only During The Analysis Of Financial OffersSession Only Financial Offers From Bidder

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