Request for Proposal
RFP – Development of A National Insurance Strategy and Relevant Documentations for the Government of Rwanda
The Africa Re Foundation is soliciting for proposals from qualified and experienced consultants to support the National Bank of Rwanda (BNR) and the Ministry of Finance and Economic Planning (MINECOFIN) of Rwanda, in collaboration with relevant government ministries, coordinating departments and supporting agencies to develop a Comprehensive National Insurance Strategy that cuts through the different sectors of the economy. Africa Re is acting on behalf of the Africa Re Foundation in the process of engaging the experienced and Qualified consultant or firm for this project.
This strategy will provide a clear framework and implementation roadmap for advancing the insurance sector in Rwanda, with a focus on:
a) Increasing insurance penetration.
b) Enhancing customer-centric product development.
c) Promoting financial inclusion.
d) Strengthening insurance regulation and supervision.
e) Addressing risks related to natural calamities and economic shocks.
f) Aligning the insurance sector with Rwanda’s broader economic and social development goals.
The following guidelines are recommended for the submission of all proposals.
A. General Guidelines
a) The proposal can be submitted by email or in hard copies or both.
b) The proposal can be a joint application of two or more individuals or entities.
c) The proposals to be submitted as hard copies must be in a sealed envelope and marked as “Development of a National Insurance Strategy and Relevant Documentations for the Government of Rwanda” while those to be submitted by email should have the subject read “Submission - Development of a National Insurance Strategy and Relevant Documentations for the Government of Rwanda”.
d) Proposals should be received by Africa Re Foundation no later than 10 January 2025. Any proposal received by Africa Re Foundation after the submission deadline will not be considered.
e) Hard copies submission address:
The Chairman of the Tenders Committee
African Reinsurance Corporation
Plot 1679 Karimu Kotun Street Victoria Island PMB 12765 Lagos, Nigeria
f) Email submission address: tender@africa-re.com
Please download full RFP below for more information