REQUEST FOR PROPOSALS (RFP) Recruitment of Investor Mapping Consultant (Local consultants only)

REQUEST FOR PROPOSALS (RFP)

Recruitment of Investor Mapping Consultant (Local consultants only)

Brief description of the Assignment: Rwanda Finance Limited seeks the services of a consultant to map and build a pipeline of potential and eligible KIFC investors (PEs, VCs, foundations, corporates, family offices, fintech aiming to structure and set up investment vehicles in Rwanda and/or the continent. Upon completion of the assignment, the consultant will prepare the investor data for inclusion into the RFL CRM, ensuring the data is structured for easy access and analysis.

This consultancy/assignment is supported and funded by the Luxembourg Cooperation, as part of the Project RWA/024 in support of the development of the Kigali International Financial Centre (KIFC).

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Type:
Open Competitive Bid

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Place of Assignment:
Kigali, Rwanda

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Duration of Assignment:
2 Months

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Deadline for Applications:
02nd May 2026

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Applications to be submitted to:
procurement@rfl.rw

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Contact number:
+250783803374

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Background

Rwanda aims to become a knowledge-based and high-income economy by 2050. To achieve this, the Government has prioritized the creation of an enabling environment for innovation and entrepreneurship, including positioning Rwanda as a financial services and business hub under the Kigali International Financial Centre (KIFC).

As part of this ambition, Rwanda has prioritised developing a resilient and broadened financial sector for private sector growth through a range of initiatives, including the attraction of innovative alternative investment structures like venture capital, private equity, foundations, fintech, investment management firms, family offices and wealth management firms.

About Rwanda Finance Limited (RFL)

RFL was established in 2020 to spearhead the promotion and development of KIFC. Its mandate is to position Rwanda as a preferred financial destination by promoting industry competitiveness, policy and regulatory reforms, and investment facilitation.

About Project RWA/024

The Government of Rwanda and the Grand Duchy of Luxembourg signed the RWA/024 project to support the development of KIFC. This project is set to contribute to Rwanda’s ambition to establish and position the country as an international financial service centre through attracting the necessary domestic and international investments. This assignment forms a critical component of the project support that will further accelerate development and promotion of Rwanda’s financial centre.

2. Purpose of the Consultancy

RFL aims to conduct a thorough mapping exercise, collecting comprehensive information on investors with whom RFL and its partners have previously interacted, as well as open-source information on potential investors.

This assignment aims to collect and then prepare the information into a format suitable for RFL CRM system. This information will assist Rwanda Finance in attracting more investors to Rwanda, connecting them with potential investment opportunities, and better managing relationships with existing investors domiciled in the country.

3. Scope of Work

RFL hereby requests proposals from qualified consultants to conduct comprehensive mapping of various investor types that are currently active in or relevant to the Rwanda financial ecosystem. The data collected must be structured in a format suitable for direct input into the RFL CRM, ensuring easy access and analysis.

The scope of work will include the following:

1. Conduct a comprehensive mapping of existing and potential KIFC investors. This mapping will identify diverse capital providers, including private equity and venture capital funds, angel investors, foundations, corporates, development finance institutions (DFIs), import - export entities, fintech and institutional investors, among other relevant domestic and international investors.

2. Collect information held by Rwanda Finance and its partners as well as from open-source databases on the investors and professional bodies relevant to KIFC.

3. Map and profile key players in the investment ecosystem, including fund managers, investment advisors, legal and financial service providers, incubators, accelerators, and relevant government and regulatory bodies and collect details information such as assets under management (AUM), ticket size, preferred sectors, geography, deal stage, regulatory sensitivities and ESG/impact mandates where applicable.

4. Develop a scoring model (0-100 or tiered ranking) to identify high-priority investors.

5. Prepare the data for inputting into the RFL’s CRM system ensuring data is structured for easy access, comparison and analysis.

4. Outputs and Deliverables

The consultant is expected to deliver:

• An inception Report outlining the consultant's understanding of the assignment, proposed detailed methodology, work plan, timeline, how to classify the investors and the data fields to be collected per investor and a profile template.

• A comprehensive draft mapping report and profiles.

• A final comprehensive mapping report and profiles incorporating feedback from the review, presenting the complete mapping of investors and ecosystem players.

• CRM-Ready Data File specifically prepared for direct input into the RFL CRM system.

Payment for this assignment will be linked to these deliverables

5. Required Expertise

The consultant should demonstrate the following qualifications, expertise and experience:

• Demonstrated understanding of various investment structures, including private equity, venture capital, angel investors, DFIs, foundations, investment management firms, FinTechs, global trading companies and holding companies.

• A demonstrated understanding of actors in Rwanda’s investment ecosystem, including accelerators, incubators, lawyers, tax advisors, TCSPs, industry associations, development partners

• A relevant qualification in finance, economics, business administration, or a closely related field.

• Minimum of five (5) years of demonstrable in experience in conducting data gathering, research, or analysis in the financial sector.

• Ability to produce clear and concise investor profiles.

• Knowledge of international financial centres’ ecosystem and investment landscape is an advantage.

6. Guidelines and Procedures

• Reporting Obligation

• Application/Bidder Guidelines

The consultancy consultant will report to the Chief Investment Officer of Rwanda Finance Limited and work with the delegated team who will be tasked to approve the deliverables and share the comments from stakeholders. All reports and communication related to this assignment should be in English.

Rwanda Finance invites eligible consultants to provide detailed technical and financial proposals for implementing this assignment. These proposals must be prepared as separate files for independent evaluation and should showcase the consultant’s professional capability in performing the services requested. Such information should include:

• A concise technical proposal with:

• The technical approach includes the proposed work plan/schedule and methodology; work samples of similar assignments completed for agencies of international financial centres, or financial institutions during the past 10 years; experience of the consultant etc.

• The team, including availability of appropriate qualifications and skills among the team, expected time team members will spend on specific tasks, signed CVs of the proposed team. Key information should include experience.

• A concise financial proposal providing a cost proposal providing itemized fees and level of effort for each team member to complete the proposed activities under the scope of work defined above.

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• Applicants should submit the following Documents

• Letter of Interest addressed to the CEO, Rwanda Finance Ltd

• CV with a detailed breakdown of professional experience

• TIN Number as registered individual consultant (Proof of certificate of registration)

• Certificate of good service/Completion for previous work

• Academic Qualifications

• Two referees

• Evaluation Process

• Once bidders have submitted all the necessary administrative documents, they will be invited to participate in the technical evaluations, which is the 2nd phase. Bidders who achieve a minimum score of 70% will proceed to the next stage of evaluations, while those who fail to meet the 70% threshold will be notified of their disqualification from the bidding process.

The tender opening process is private, and consultants will be assessed based on the following criteria, with all evaluations conducted by the Tender Committee (TC). The submission deadline is 30th April 2026, and all documents must be submitted separately as Administrative, Technical, and financial documents.

a) Consultants must submit all the required documents below as outlined to proceed to the next steps. Failure to provide these documents will result in automatic disqualification from the bidding process, with the bidder being promptly notified.

The 1st
phase of evaluation will be based on the following

• Letter of Interest addressed to the CEO, Rwanda Finance Ltd

• CV with a detailed breakdown of professional experience

• TIN Number as registered individual consultant (Proof of certificate of registration)

• Certificate of good service/Completion for previous work

• Academic Qualifications

• Two referees

The Financial evaluation is the 3rd
phase of evaluation, where bidders who passed the technical evaluation will be invited to participate and engage in negotiations. Final decisions will be communicated following the Tender Committee's evaluation, leading to the awarding of the contract.

• The financial evaluation will be based on the Most Economically Advantageous Tender (MEAT);The bidder with the Most Economically Advantageous Tender (MEAT) does not only imply the lowest price but reflects the required quality, delivery, and payment terms.

• The final stage involves contract negotiations and signing with the selected bidder. Before signing the contract, the successful bidder is required to provide a performance guarantee equal to 10% of the contract amount, which will be refunded upon successful completion of the assignment.

The procurement and decision-making process in Rwanda Finance Ltd shall be guided by Environmental, Social and Governance aspects of our community. The following are the fundamental principles to be adhered to for Transparency, Competition, Economy, Efficiency, Fairness, and Accountability.

Criteria

Weight

Qualifications and experience relevant to the assignment – proven background and knowledge of Rwanda’s fintech ecosystem, ecosystem development, and coordination across multiple stakeholders (government, regulators, private sector, development partners).

50%

Technical proposal and methodology: understanding of the assignment, the quality and practicality of the proposed approach, and ability to deliver the assignment effectively.

25%

References

10%

Work Samples: quality of the consultant's past work.

15%

8 General Terms & Conditions

The completion of all RFP requirements must be in accordance with the instructions contained in this RFP. Submission to Rwanda Finance Ltd of the technical and financial proposals will constitute an offer and indicates the individual consultant’s agreement to the terms and conditions set forth in this RFP. RFL is not required to accept and/or evaluate proposals that do not conform to the instructions of this RFP and, in addition, RFL may reject all proposals and not make an award. RFL reserves the right to make an award without discussion and/or negotiation; however, RFL also reserves the right to conduct discussions and/or negotiations, which among other things may require the individual consultant to revise its proposal (technical and/or cost). By submitting an offer, the individual consultant agrees to comply with the general terms and conditions for an award, including Representations and Certifications compliance. The individual Consultant must provide full, accurate, and complete information in response to this solicitation. By submitting an offer, the individual consultant certify that he/she have not and will not attempt to bribe or make any payment to RFL employees in return for preference.

Issuance of this RFP in no way obligates RFL to render an award, nor does it commit RFL to pay any costs incurred by the consulting firm to prepare and submit a proposal. RFL reserves the right to award a contract to one individual consultant or to issue multiple awards based on the results of the evaluation. RFL reserves the right to terminate this RFP process at any time prior to contract award, without liability or obligation to any respondent. RFL makes no commitments, express or implied that this process will result in a business transaction.