Development of Rules of Procedure for Administrative Proceedings and Ethiopian Capital

Market Guidebook for the Ethiopian Capital Market Administrative Tribunal

1.   Introduction

The Ethiopian Capital Market Administrative Tribunal (the “Tribunal”) has been established in line with the Ethiopian Capital Market Proclamation No. 1248/2021 (the “Proclamation”). The Tribunal serves as a specialized body to adjudicate disputes arising under the Proclamation and related regulations. Its establishment is a significant milestone in fostering a robust and credible capital market in Ethiopia. By providing efficient, transparent, and fair resolutions to capital market-related disputes, the Tribunal aims to enhance investor confidence and uphold the integrity of the Ethiopian capital market.

To effectively operationalize its mandate, FSD Ethiopia supports the Tribunal in the following key areas:

•      The development of Rules of procedure for administrative proceedings to establish a clear, consistent, and transparent framework for handling cases.

•      The creation of an Ethiopian capital market guidebook for judges and lawyers, which will enhance understanding of the capital market ecosystem and its legal and regulatory underpinnings.

2.   Project Background

2.1. About the Ethiopian Capital Market Administrative Tribunal

Ethiopian Capital Markets Administrative Tribunal serves a pivotal role in the financial regulatory framework, with its primary objectives being to maintain integrity and fairness in the capital market development. It operates as an independent adjudicative body, tasked with the responsibility of hearing and deciding cases related to capital market conduct. Its mission is to ensure that proceedings are conducted justly, expeditiously, transparently, and cost- effectively, thereby upholding the rule of law and instilling confidence in the capital market. This aligns with its overarching goal to protect investors, deter improper market behavior, and support enhancement of a healthy and competitive economic environment. To achieve this the Proclamation, among other things, provides for establishing a Ethiopian Capital Market Tribunal.

2.2. About FSD Ethiopia

FSD Ethiopia is a development agency that supports the development of accessible, inclusive, and sustainable financial markets for economic growth. It aims to address financial system

failures by facilitating market actors to address constraints and build a functional financial sector that generates economic gains for all Ethiopians.

More about FSD Ethiopia can be found here:  https://fsdethiopia.org/.

3.   Objectives and Scope

3.1. Project Objectives

The primary objective of this initiative is to provide technical assistance to the Tribunal in two specific areas:

•    Draft of rules of procedure for administrative proceedings

•    Development of an Ethiopian capital market guidebook for judges and lawyers

3.2. Scope of Work

The project will include the following components:

•    Rules of procedure for administrative proceedings:

o  Conduct a comprehensive review of the Capital Market Proclamation and relevant legal frameworks.

o  Analyze best practices from administrative tribunals in comparable jurisdictions.

o  Engage stakeholders, including Tribunal members and legal experts, to ensure practicality and inclusiveness.

o  Develop procedural rules covering jurisdiction, case handling, evidence submission, appeals, and confidentiality.

•    Ethiopian capital market guidebook for judges and lawyers:

o Review Ethiopia’s capital market laws, regulations, and directives.

o  Develop detailed content on capital market structure, key instruments, legal frameworks, and dispute resolution mechanisms.

o  Collaborate with stakeholders to ensure the guidebook’s relevance and usability.

•    Stakeholder validation workshop

4.   Deliverables

In line with the scope of work, the expected deliverables under this contract will include the following, organized in a sequence to facilitate milestone-based payments:

i)         Submission of an inception report

ii)        Rules of procedure for administrative proceedings

iii)       Ethiopian capital market guidebook for judges and lawyers

iv)        Stakeholder consultation

5.  Timeline

The project is expected to be finalized in a period of 4 months. Below is the timeline for each deliverable:

6.    Invitation to Submit Proposal

Qualified consultants are invited to submit proposals for this assignment. The proposal should include:

–     Names and CVs of key individuals (maximum three sides of A4 paper each).

–     Outline of team structure. The proposed team must be gender balanced.

–     Summary of experience in the operation and regulation of capital markets in emerging markets and having provided human capital development services.

–     Description of the consultant’s understanding of the role and how they intend to fulfil the services

within the suggested timeline.

–     References (and their contact details) who can provide testimony for the Consultant’s experience, skills, and overall suitability for this assignment highlighting experience relevant to this RFP and dates of service.

–     Estimated budget for both professional fees and reimbursable expenses. (Template for financial proposal is annexed)

Proposals should be submitted electronically to   bi ds@ f s dethio pia .o rg  with the subject line “Consultant to Develop Rules of Procedure and CM Guidebook” by February 7, 2025.

Note: Technical and financial proposals should be submitted separately but simultaneously.

7.    Basi s o f a wa rd

A contract will be awarded to the most economically advantageous tender based on the following criteria:

8.    Con tact

Questions or comments in respect of these terms of reference should be directed by email to

 bids @f s det hi o pia .o rg  on or before 28 January 2025 and feedback will be provided by 03 February 2025.

9.    A ppli ca ble Taxes

As per Ethiopia’s tax law, FSD Ethiopia will pay the contractor after withholding the appropriate taxes at the applicable rate. It is the responsibility of the contractor to keep themselves apprised of these applicable taxes.

Date: 24 January, 2025

The Office of the United Nations High Commissioner for Refugees (UNHCR), Representation Office in Ethiopia, Addis Ababa, invites qualified and registered Contractors / Suppliers to participate in the following tender:

All the above tender documents can be requested for by sending an email to: ETHAOSUP@unhcr.org specifying the tender reference number in the subject.  Working hours: Monday to Thursday from 08:30-13:00 and 14:00-17:30, Friday from 08:30-14:00.

Optionally, all the above- mentioned tender documents can be downloaded from the UNGM website:  https://www.ungm.org (search for the documents using the tender reference number).

Submission of bids for the above RFP shall only be done through the UNHCR Cloud ERP platform.

SUPPLY MANAGEMENT SERVICES,

UNHCR ADDIS ABABA, ETHIOPIA

DESCRIPTION OFREQUIREMENTS

REQUEST FOR EXPRESSION OF INTEREST

The United Nation Economic Commission for Africa (UNECA) is seeking Expression of Interest (EOI) to procure an Event Management Application for UNECA Conference Services.

UNECA requires sophisticated tools to facilitate participant engagement, streamline event logistics, and ensure the seamless execution of event services. The solution should support functionalities such as attendee management, event scheduling, real-time updates, networking features, and detailed analytics to measure engagement and event success.

The objective is to procure an existing, proven event management system that is fully customizable to UNECA’s needs. The solution must offer both a mobile application and cloud backend support for event planning, management, and post-event analysis.

Please note that the UNECA is precluded from entering into contract with a firm that is not fully registered with UNGM. Those interested in responding to this invitation but not currently fully registered as vendors with UNGM, are encouraged to register before submission of the bid. Further details may be obtained by visiting https://www.ungm.org/Vendor/Registration. In order to be eligible for UN Registration, please make sure to declare in writing the Prerequisite for Eligibility criteria itemized from A-F as contained in EOI instruction on the notice. UNECA reserves the right to verify statements by the EOI respondent and not to invite all those companies who had expressed interest. Only eligible firms that are successful at this pre- qualification stage will be invited to participate in the later stage. Those interested should write to the above-mentioned email address to submit their “Expression of Interest” by the deadline of 31 January 2025. Interested vendors should submit a fully completed Vendor Response Form to the link provided. It is to be noted that the successful bidder will be required to Register in UNGM before Contract award.

1. Awash Insurance S.C.  invites all interested and eligible bidders/ suppliers, both local and international, for the Supply, Installation, Configuration and Commissioning of Digital channels that meet the requirements of the Company indicated in the Request for proposal (RFP) document.

1. The bid and RFP documents can be obtained from the Company in the following address upon payment of a non-refundable fee of ETB 1,000.00 (One Thousand Birr) at the time of purchasing the bid document from: –

Awash Insurance S.C, Ras Abebe Aregay Street, Awash Towers, P.O Box: 12637, Addis Ababa, Ethiopia

Tel  : +251-115-570001

Fax : +251-115-570208

• Suppliers can register and obtain bid documents in any one of the following ways:
• By appearing in person and registering on their own behalf;
• By registering through a domestic company who acts as a commercial agent;
• Through bidder’s embassy.
• Local bidders should submit renewed license, VAT registration, TIN certificate and current year tax clearance.
• International bidders are required to submit an authorized license or certificate that certifies the bidder to transact the subject matter of the bid from the country of origin.
• The bid must be accompanied by a bid security in the amount of 2% of the bidder’s fixed fee for the “Supply, Installation, Configuration and Commissioning of Digital channels” in one of the following forms:
• CPO;
• Bank guarantee;
• Bid Bond issued by a well-known foreign bank and confirmed through a recognized domestic bank in Ethiopia and the bidder should inform Awash Insurance S.C.  by fax or e-mail to collect the bid bond before the closing date.
• The bid remains floating from January 27,2025 to February 10,2025 and shall be closed on March 10,2025 at 3:30 PM and opened in the presence of bidders or their representative on the same date at 4:00 PM at the Company’s Management Meeting Room, 15^th Floor, Ras Abebe Aregay Street, Awash Towers. Bids presented by any bidder after the closing date and time shall not be accepted.
• Sealed bids marked as “Tender for the Supply, Installation, Configuration and Commissioning of Digital channels” original and copy in separate three wax-sealed envelopes marked of General Proposal, Technical Proposal and Financial Proposals, wax-sealed in one big envelop must be delivered to the address specified above and submitted in the box prepared for this purpose on or before March 10,2025 3:30 PM
• Awash Insurance S.C.  reserves the right to accept or reject all or parts of this bid.