REQUEST FOR EXPRESSIONS OF INTEREST
(CONSULTING SERVICES)
Country : São Tomé and Principe
Project : ACCESS TO CLEAN RESILIENT ELECTRICITY PROJECT (ACRE)
Loan No./Credit No./ Grant No. : E259-ST
Assignment Title: Hiring of a Finance & Accounting Director for EMAE
REFERENCE NO .: 59/C/ACRE/2026
The Government of the Republic of Sao Tome and Príncipe (GoSTP) received a grant from the World Bank toward the cost of the Access to Clean and Resilient Energy Project (ACRE), and intends to apply parto f the proceeds for consulting services.
The Consulting Services ("the Services") include leading EMAE’s financial management function, including strategic financial planning, budgeting, forecasting, treasury and cash-flow management, financial control, and the implementation of financial recovery and sustainability measures. The assignment is expected to run until December 2028, with an initial contract duration of 12 months, renewable based on satisfactory performance and project needs. The detailed Terms of Reference (TOR) for the assignment can be obtained at the address given below.
The Project Administration and Fiduciary Agency (AFAP) now invites eligible individuals ("Consultants") to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have the required qualifications and relevant experience to perform the Services (attach curriculum vitae with description of experience in similar assignments and similar conditions).
Candidates must hold 1) a Master's degree in a relevant field (Business Management, Engineering - preferably Electrical- Marketing, Commercial Law, or equivalent) and; 2) must demonstrate fluency in Portuguese. Candidates who do not meet both requirements will not be considered.
The criteria for selecting the Consultant are:
(i) Specific experience relevant to the assignment — 40 points
At least 10 years of proven experience in Top Management Roles — 7.00 points
Experience in Organizational Transformation Processes and Management of Public Companies — 7.00 points
Experience in Utility Operations — 7.00 points
Experience in Enterprise Planning and Control — 7.00 points
Previous experience with budgeting and financial control — 6.00 points
Experience working in Africa — 6.00 points
(ii) Qualifications and competence for the assignment — 25 points
MBA or other Engineering/Management Post-Graduation — 5.00 points
Basic knowledge of the Electricity Sector (from a business and management perspective) — 4.00 points
Basic knowledge of the Water Sector (from a business and management perspective) — 4.00 points
Contract Management — 2.00 points
Negotiation experience and capacity — 2.00 points
Experience with Financial Management Systems (ex: ERP, Vending Software, etc.) — 4.00 points
Ability to present and discuss content with public institutions (Ministry of Finance, Tax Authority, etc.) — 4.00 points
(iii) Language — 5 points
Fluency in English — 5 points
Total: 70 points
Following evaluation of the CVs ,of individual consultants will be subject to a competency assessment and interview, after which the best qualified candidate will be invited to contract negotiations and signing.
The attention of interested Consultants is drawn to paragraphs 3.14, 3.16, and 3.17 of the World Bank's Procurement Regulations for IPF Borrowers ("the Regulations"), setting forth the World Bank's policy on conflict of interest.
Consultants are advised to limit their Expression of Interest to 10 pages.
Expressions of interest must be delivered in written form to the address below (in person or by e-mail) by 12 August 2026 at 23:45 (local time), referencing: "Expression of Interest - Hiring of a Finance & Accounting Director for EMAE - Ref. 59/C/ACRE/2026". Further information can be obtained at the address below during office hours, from 08:00 to 16:00.
Agência Fiduciária de Administração de Projectos (AFAP)
Attn: Hélio Silva Almeida, General Director
Avenida Kwame N'Krumah, Edifício Afriland First Bank STP, 2.º Andar
São Tomé, São Tomé and Príncipe
Tel: +239 222 52 05
E-mail: [email protected] | [email protected]