FEDERAL GOVERNMENT OF SOMALIA
MINISTRY OF FINANCE
REQUEST FOR EXPRESSION OF INTEREST (REOI)
COUNTRY: Federal Republic of Somalia (FGS)
NAME OF PROJECT: De-Risking, Inclusion and Value Enhancement of pastoral economies in the Horn of Africa Project (DRIVE)
PROJECT ID: P176517.
Assignment Title: Investment Officer for LVCF Operations and Stakeholder Coordination
Individual/Firm: Individual Consultant
Deadline: 11th June 2026
Reference No.: SO-MOF-542983-CS-INDV.
The Government of the Federal Republic of Somalia has received financing from the World Bank toward the cost of De-Risking, Inclusion and Value Enhancement of pastoral economies in the Horn of Africa Project (DRIVE) and intends to apply part of the proceeds of the above project to finance the position of Investment Officer for LVCF Operations and Stakeholder Coordination.
The objective of this assignment is to ensure effective and compliant implementation of LVCF operations by supporting Gargaara in pipeline management, allocation and disbursement workflows, portfolio monitoring, risk and compliance follow-up, and multi-stakeholder coordination.
Duration: The proposed duration for the assignment is Twelve Months (12) calendar months from starts date.
The detailed Terms of Refence (TOR) for the assignment can be found at the following website:
https://mof.gov.so/publications/tor-investment-officer,
Key Tasks and Responsibility
The Investment Officer will undertake the following key functions/tasks:
Maintain a live LVCF pipeline tracker by window, geography, value chain segment, PFI, and investment stage.
Coordinate with PFIs and Gargaara technical teams to screen proposals against eligibility criteria, exclusion list requirements, and pastoralist linkage objectives.
Prepare an awareness campaign to include more women in the pipeline and monitor the applications.
Support Stage 1 origination and screening note quality control, ensuring complete documentation for onward review. Support the documentation for the window for women and youth
Support Stage 2 clearance in principle (CIP) processing, including tracking of conditions and due diligence actions required prior to disbursement.
Coordinate with PFIs on allocation request completeness, including required forms, declarations, and forecast documentation.
Facilitate presentations to PFIs and their branches at the FMS to promote window for women and youth.
Track Ministry of Finance response timelines for allocation requests and maintain an action log of pending issues, clarifications, and decisions.
Support preparation and verification of disbursement request packs and financing confirmation documentation before submission.
Monitor allocation validity periods, cancellation risks, and renewal requirements, and alert stakeholders on time-critical actions.
Consolidate monthly and quarterly PFI portfolio submissions covering disbursement progress, repayments, arrears, restructurings, and defaults.
Track repayment obligations to the DRIVE Reflow Account and reconcile expected versus actual principal returns by PFI.
Maintain a portfolio risk dashboard including portfolio-at-risk indicators, concentration exposure, delinquency trends, and operational bottlenecks.
Coordinate with Gargaara management, PFIs, and the investment firm to follow up on non-performing or at-risk investments and agreed corrective actions.
Support monitoring of use-of-funds compliance and promptly escalate suspected misallocation cases for management action.
Work closely with environmental and social specialists to ensure E&S screening, ESMS follow-up, and exclusion list compliance are applied in all supported investments.
Support adherence to applicable anti-bribery, anti-corruption, and anti-money laundering requirements under project and national rules.
Prepare monthly operations dashboards and quarterly portfolio briefs for Gargaara and PIU reporting.
Provide secretariat support for LVCF coordination meetings, including agendas, decision records, action trackers, and follow-up notes.
Coordinate data and reporting inputs from PFIs and technical partners to ensure consistency, completeness, and audit-ready documentation.
Support portfolio forecasting and liquidity planning inputs linked to projected disbursement demand.
Carry out any other related assignment tasks requested by Gargaara management and PIU within the scope of the role.
Selection Criteria: The selection will be based on qualification, experience and skills of the candidate and followed by an interview. The qualifications, experience and competencies include:
Minimum Bachelor's degree in finance, economics, agribusiness, business administration, development finance, or related field.
At least 6 years of relevant experience in investment operations, SME or agribusiness finance, portfolio management, or financial intermediary programs.
Demonstrated experience supporting pipeline development, investment appraisal, and disbursement/portfolio operations in multi-stakeholder programs.
Strong knowledge of financial analysis, investment documentation, and operational reporting.
Practical understanding of risk management, compliance controls, and safeguards coordination in development-financed operations.
Experience working with government institutions, financial institutions, and private sector actors in Somalia or the Horn of Africa is highly desirable.
Excellent written and verbal communication skills in English; Somali language is an asset.
HOW TO APPLY:
The Ministry of Finance now invites eligible consulting ("Consultants") to indicate their interest in providing the above-mentioned Services. Interested Consultants should provide information demonstrating that they have the required qualifications and relevant experience to perform the Services and furnish the Curriculum Vitae (CV).
Attention of interested Consultants is drawn to section III, para 3.14,3.16 & 3.17 of the World Bank's Procurement Regulations for IPF Borrowers: Procurement in Investment Projects Financing Goods, Works, Non -Consulting and Consulting Services dated in September 2023 ("Procurement Regulations"), setting forth the World Bank's policy on conflict of interest.
A Consultant will be selected in accordance with the Individual Consultant method set out in the World Bank Procurement Regulations.
Interested Consultant may obtain further information (in person or by e-mail) at the address below during office hours from 8.00 a.m.- 4.00 p.m. Saturday to Thursday except on public holidays.
Deadline for submission: Expressions of interest should be delivered in a written form to the address below (in person, or by e-mail: bid.drive@piu.mof.gov.so, ) by 11th June 2026 4:00PM. local Time.
Attention.
Project Coordinator,
DRIVE Project,
Ministry of Finance - Federal Government of Somalia
Shangani District - Mogadishu, Somalia
Email Address: bid.drive@piu.mof.gov.so,