Consultancy Services to support Bank of South Sudan (BSS) to develop National Payment System (NPS) Legal and Regulatory Framework in South Sudan

The African Development Bank Group (AfDB) or Banque Africaine de Développement (BAD) is a multilateral development finance institution. The AfDB was founded in 1964 and comprises three entities: The African Development Bank, the African Development Fund and the Nigeria Trust Fund. The AfDB’s mission is to fight poverty and improve living conditions on the continent through promoting the investment of public and private capital in projects and programs that are likely to contribute to the economic and social development of the region. The AfDB is a financial provider to African governments and private companies investing in the regional member countries (RMC).

The East African Community (EAC) has received financing from the African Development Fund (ADF) toward the cost of the EAC Payment and Settlement Systems Integration Project (EAC- PSSIP) and intends to apply part of the agreed amount for this grant to payments under the contract for Individual Consultancy Services to support Bank of South Sudan (BSS) to develop National Payment System (NPS) Legal and Regulatory Framework in the Republic South Sudan.

The development of payment systems legal and regulatory framework shall consider international best practices, norms with respect to the functioning of both large and retail payment and settlement systems especially the Principles for the Financial Market Infrastructure (PFMI) and developments in the East African Community. The consultancy services shall include:

(i)  Perform a review of legal gap analysis;
(ii)  Conduct consultative workshops with key stakeholders
(iii)  Drafting Law and regulations in the area of payment and settlement systems;
(iv)  Analysing other applicable laws in South Sudan and their alignment with the NPS Law and other regulations to be draft;
(v)  Providing knowledge transfer on the drafted regulations.

The detailed Terms of Reference (TOR) for this consultancy can be obtained from the EAC website at http://www.eac.int/ and the Bank of South Sudan (BSS) website https://bankofsouthsudan.org/ or requested directly from the contact indicated below.

The EAC Secretariat now invites eligible individual consultants to indicate their interest in providing these services. Interested consultants must provide information indicating that they are qualified to perform the services (letter of interest, Update CV, description of similar assignments, experience in similar conditions, availability of appropriate skills, etc.).

Eligibility criteria, establishment of the short-list and the selection procedure shall be in accordance with the African Development Fund’s “Rules and Procedures for the use of Consultants” (May 2008 Edition, Revised July 2012), which is available on the Fund’s website at http://www.afdb.org. Interested consultants may obtain further information at the address below during office hours 0800hrs – 1700hrs (local time).