Vacancy: Consultancy (Technical Assistance (TA) for Financial Institutions (FIs) to develop quality products and services for Renewable Energy enterprises)

Date 25 Jun 2021
Location Accra
Job Type Contractor/Consultant
Industry Social Enterprise
Description


Company Profile


SNV is an International Development Organisation that provides Capacity Development Services to local institutions and organizations in more than 30 developing countries in Asia, Africa, Latin America and Eastern Europe. 



For more information on SNV, visit our website: www.snv.org




Job Description



Renewable Energy Development and Acceleration Project (REDAP)


Technical Assistance (TA) for Financial Institutions (FIs) to develop quality products and services for Renewable Energy enterprises


Terms of Reference (ToR)


 


 


1.0 Background of the assignment


The Renewable Energy Development and Acceleration Project (REDAP) is a joint initiative between the Netherlands Development Organization (SNV), Rural Development Fund (RDF) and other Financial Institutions (FIs) aimed at facilitating the growth of sustainable energy MSMEs to catalyse the transition of energy users from traditional, inefficient forms of energy to clean and efficient energy technologies to support climate change mitigation efforts. It is a 1-year pilot project to be implemented over 12 months’ period (15th October 2020 – October 14, 2021).


 


The project envisaged to achieve the following key objectives:



  1. Improve access to efficient and suitable finance for sustainable energy businesses and users through the development of tailored financial products supported by market scans and needs assessments.

  2. Build a pipeline of viable and sustainable energy MSMEs through business and market development support.

  3. Increase demand for sustainable energy services by initiating demand activation activities and brokering linkages.



A survey conducted by the REDAP team has revealed that financial institutions are often reluctant to provide loans to renewable energy enterprises due to limited understanding of the renewable energy sector. 


 


Again, renewable energy MSMEs are diverse in their operations and require tailored products and services. One of the main observations made during the market scan and needs assessment exercise is the diversity in terms of the operations of enterprises within the renewable energy sector. This diversity implies that a one-fit-all approach in respect of BDS services and financing is less likely to be effective. 


 


The lessons above underscore the need for REDAP engage a consultant to provide FIs with information that shows the benefits of investing in renewable energy businesses. The consultant will also provide Technical Assistance (TA) for FIs to develop quality financial products and services for renewable energy enterprises.


 


2.0 Scope of work


 


2.1 Purpose of the assignment


The assignment is aimed at building partnerships with FIs, training and providing them with information that shows the benefits of investing in renewable energy businesses. It also seeks to provide Technical Assistance (TA) for FIs to develop quality financial products and services for renewable energy enterprises.


 


The consultant will be provided with a list and contacts of financial institutions to work with. The consultant is also allowed to suggest FIs for partnerships.  


 


2.2 Objectives


The objectives of the assignment are as follows:



  • Assist the REDAP project team to identify at least 5 suitable financial institutions (FIs) and formalize partnerships between the project and the FIs; aimed at ensuring access to finance for renewable energy enterprises under the project

  • Train/educate FIs on quality financial products/services development and the viability of investing in various categories of renewable energy enterprises (solar, improved cookstoves, clean fuels and biogas systems)

  • Coach and mentor FIs to develop quality financial services and products for renewable energy enterprises



2.3 Duration


The assignment will commence from 19th July, 2021 and end on the 31st September, 2021. The consultant will work for 40 days within the period.


 


2.4 Key deliverables and timelines


Table 1: Key deliverables and timelines for the assignment





































No.

Deliverables

Due date

1

Inception meeting to discuss assignment implementation strategy/plan developed by consultant

16th July, 2021

2

Training report with pictures on quality financial products/services development and the viability of investing in various categories of renewable energy enterprises (solar, clean cookstoves and biogas)

6th August, 2021

3

Copies of partnership agreements signed with 5 FIs

20th August, 2021

4

Report covering each partner FI highlighting financial products and services developed for renewable energy enterprises

30th August, 2021

5

Final report presenting milestones, activities, key achievements, observations and recommendations

30th September, 2021


 



4.0  Payment Schedule























Deliverables

Percentage of payment



Signing of contract and submission of detailed implementation plan

30% of total contract sum

Submission of signed partnership agreements with at least 5 FIs (1 FI in each region; Greater Accra, Ashanti, Northern, Western, and Eastern regions).

30% of total contract sum

Final report activities, key achievements, observations and recommendations

40% of total contract sum


5.0 Communication

The consultant will report to designated officer. 






Required Skills or Experience


The consultant must meet the following basic requirements:



  • Master’s Degree preferably in Banking and Finance, Business Management, Entrepreneurial Management, or related field.

  • Demonstrated experience in building capacity of financial institutions.

  • Understanding of the Ghanaian financial and renewable energy sectors

  • Demonstrated knowledge of the renewable energy sector; in the focus areas of solar systems, biomass fuels, improved cookstoves, and biogas systems 

  • Good business coaching, mentoring and report writing skills

  • Proven record illustrating, relevant similar assignments undertaken within the past five years

  • Proven track record of meeting timelines





How To Apply


6.0 Application Process


Consultants interested in this call, and who match the qualification and experiences stated above, should please submit their proposals to [email protected], not later than July 2, 2021.


 


Applications should be marked in the subject line Financial Institutions (to develop quality products and services for Renewable Energy enterprises


 


Proposal must include: 



  • Technical Proposal:


    1. Cover letter highlighting the firm/organisation or groups of individuals capability in delivering that assignment including evidence of performing similar assignment within the last five years;

    2. A brief technical proposal outlining understanding of the assignment, work plan and staffing plan. This may include applicant’s own ideas/recommendations towards better delivery of the assignment;

    3. A clear description of the methodology, approach and tools that the company/or team intends to implement.

    4. CVs of proposed key Team Profiles and Qualifications; 

    5. All submissions should as well include company profiles, and company’s registration.



  • Financial Proposal:

    1. Personnel costs being professional fees should be indicated in the proposal;

    2. Budget in Ghana Cedis, specifying cost per item for all the outputs. 





All applicants should note that only shortlisted candidates would be contacted.


The entire assignment process shall take into consideration all safety measures including those associated with covid-19 and preventive measures. Details of these measures should be included in the work plan. 



  • Companies are allowed to team up with other companies to strengthen their bid. However, the contract will be signed with the lead company.

  • Please note selection criteria of successful proposal will be made based upon:

    • Responsiveness to work scope and program needs (25%)

    • Demonstrated experience and expertise in similar projects (25%) 

    • Cost effectiveness / budget (30%)

    • Comprehensiveness (20%)



  • Only shortlisted proposals will be contacted.  




Note



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Jobsinghana.com is not involved in any decision made by an employer/recruiter and therefore does not guarantee that applications sent
will result in a candidate being shortlisted/selected for that position.
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