Ethiopian Herald (Jul 21, 2026)
REQUEST FOR EXPRESSIONS OF INTEREST-CONSULTANCY SERVICES FOR IMPLEMENTING
INTEREST-FREE MONETARY POLICY AND SHARIA’ COMPLIANT GOVERNMENT SECURITIES
Project Name: Institutional Support Project to Strengthen Macroeconomic Management (ISP-SMM)
Sector: Multi Sector
Financing Agreement reference: 2100155041685
Project ID No.: P-ET-KF0-007
Country: Ethiopia
The FDRE Ministry of Finance has received financing from the African Development Fund toward the cost of the Institutional Support Project to Strengthen Macroeconomic Management (ISP-SMM), and intends to apply part of the agreed amount for this Grant to payments under the contract for the recruitment of an individual consultant for Implementing Interest-Free Monetary Policy and Sharia’ Compliant Government Securities.
The services included under this project are: supporting interest free banking operation and sharia compliant government securities, preparing workshops and trainings, preparing implementation action plan and internal workflow manual, assist in launching pilot tests or phased implementation of selected monetary policy instruments for interest-free banking and operationalization of sharia be compliant government securities issuance process, deliver on-the-job training and mentorship to NBE staff involved in interest free and monitor the early phases of implementation.
The FDRE Ministry of Finance is now invites Individual Consultants to indicate their interest in providing these services. Interested consultants must provide In information indicating that they are qualified to perform the above-mentioned services. The expression of interest must include Consultant’s profile, country of residence and evidence of fulfilling the requirements to deliver the consultancy services. Qualification and experience required:
Master’s degree in business, economics, finance or related discipline.
A minimum of fifteen (15) years of dedicated experience working in Policy, central bank operation, financial markets, finance, and projects.
Experience in the operation and regulation financial markets with a specific focus on Islamic Finance and Islamic capital market products in emerging markets and experience supporting central banks on interest free monetary policy instruments.
- Previous experience working with central bank/regulators is an in the region agreed and good knowledge of Ethiopian markets and its political context added advantage.
- Fluency in written and spoken English is required.
The assignment is expected to take a maximum of five months from the date of banking contract commencement. The services and requirements for this Consultancy are stipulated in the Terms of Reference (TOR) that can be obtained from the address mentioned below.
Eligibility criteria, establishment of the short-list and the selection procedure shall be in accordance with the African Development Bank’s “Procurement Policy for and Bank Group Funded Operations”, dated August 2015, which is available on the of Bank’s website at http://www.afdb.org.
Expressions of interest must be delivered to the Address below before the deadline of 08th Day of August 2026 by 4:00 P.M local time by mentioning “Expression of Interest for Consultancy Services for Implementing Interest-Free Monetary Policy and Sharia’ Compliant Government Securities”.
Email: btolossa@mofed.gov.et ,/ iyigezu@mofed.gov.et /
Tele: +251911011477/+251911763533
Ministry of Finance