Selection of an Audit Firm for the Financial and Accounting Audit of the ACRC-FI Project

• Sector: Improving the Quality of Life for the People of Africa / Financial Sector
• Grant Number: 5120155000006
• Project ID: P-Z1-H00-090
• Issuing Entity: Africa Cybersecurity Resource Center (ACRC SUARL)
• Publication Date: 28 April 2026
• Submission Deadline: 10 May 2026

1. Background

The Africa Cybersecurity Resource Center (ACRC SUARL) has received financing from the African Development Bank (AfDB) in the form of a grant amounting to USD 2 million, channeled through the Africa Digital Financial Inclusion Facility (ADFI), to cover the cost of the project "Africa Cybersecurity Resource Center for Financial Inclusion" (ACRC-FI).

ACRC intends to apply a portion of these funds to engage an audit firm to carry out the financial and accounting audit of the Project.

2. Objective of the Assignment

The objective of the audit is to express an independent and professional opinion on the Project's financial statements upon completion of its implementation, and to provide assurance that the resources made available have been used for the purposes for which they were granted, in pursuit of the Project's development objective.

3. Scope of Services

The assignment consists of conducting a review of the Project's financial statements covering:

• the mid-term period from 15 August 2022 to 31 December 2023;
• the closing period from 1 January 2024 to 30 June 2026, or such extended closing date as may be applicable.

The audit shall be conducted in accordance with the International Standard on Review Engagements (ISRE 2400) and the Project's audit Terms of Reference.

4. Eligibility and Qualifications

ACRC invites audit firms duly registered and listed with a recognized national or regional body of chartered accountants to submit their expressions of interest.

Interested firms must demonstrate their capacity and experience by providing:

• documentation of similar past assignments, with supporting references and certificates;
• proven experience in the accounting and financial audit of development projects/programs, particularly those funded by international donors;
• availability of qualified personnel, including at least:

• a Team Leader: a professional accountant (ACCA, CA, CPA, or chartered accountant) with a minimum of 10 years of post-qualification experience in auditing projects and programs financed by multilateral donors;
• one or more Assistants, each with at least 5 years of experience in auditing multilateral projects and programs.

5. Selection Method

The eligibility criteria, shortlisting and selection procedure shall be conducted in accordance with the "Procurement Framework for Operations Financed by the African Development Bank Group" (October 2015), available at www.afdb.org.

The selection method shall be Consultant Qualification Selection (CQS).

The consultant whose qualifications and experience are deemed most relevant will be invited to submit a technical and financial proposal.

6. Commencement of the Assignment

The assignment is scheduled to commence on 15 June 2026.

7. Submission of Expressions of Interest

Expressions of interest must be submitted by email to frobba@cyber4africa.org no later than 10 May 2026, with the following mandatory subject line:

"EOI — RECRUITMENT OF AN EXTERNAL AUDITOR FOR THE AUDIT OF THE ACRC-FI PROJECT"

8. Further Information

Interested consultants may request additional information at the address below:

• Email: frobba@cyber4africa.org
• Tel: +221 33 864 05 55

9. Downloadable Documents

• Request for Expressions of Interest (REOI / AMI)
• Terms of Reference (TOR)

Download the documents here: https://bit.ly/3OyfptU