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Consulting services to provide content adjustment, adaptation to the Angolan reality.Fostering an inclusive transition from informal to formal economy in Angola
Procurement Process :RFQ - Request for quotation
Office :Angola - ANGOLA
Deadline :24-May-22
Posted on :16-May-22
Development Area :SERVICES  SERVICES
Reference Number :91194
Link to Atlas Project :
00139145 - Foster Inclusive Transition Informal to form Economy
Documents :
Overview :

The COVID-19 pandemic has slowed down the global economy and extended the economic contraction in Angola. The restrictions imposed by the pandemic emergency have significantly affected both households and private enterprises. Informal employment has risen during this situation and accounts for nearly 8 out of 10 jobs in Angola.

Widespread informality is associated with poor coverage under social protection, limited access to skills development and entrepreneurship support, low financial inclusion, lack of decent jobs, working poverty, gender inequalities, and poor use of digital technologies, among others. The Angolan Government has responded to these challenges by adopting a response plan to COVID-19 and launching the Program for the Reconversion of Informal Economy (PREI), led by the Ministry of Economy and Planning (MEP) to promote a transition strategy from the

informal to the formal economy.

The project aims to foster an inclusive transition from the informal economy to achieve a major outcome: increased formalization of informal workers to enhance access to social services, credit, and business development services. Achieving these outcomes will mean strengthening the national capacities to effectively operationalize and monitor the PREI, with a strong focus on women, youth, and key vulnerable populations. It also implies enhancing the inclusion of informal workers under the social protection regime, promoting social dialogue with informal workers and their representatives, and enhancing the adoption of digital financial services (DFSs) and access to financial services.

To promote effective implementation of the PREI, this project aims to strengthen the technical capacities, including the design of a campaign to promote the formalization, capacity-building support to the local services in the informal markets, and analysis of the informal economy. As the financial inclusion and access to digital financial services (DFSs) are of growing importance to connect workers and markets, the project will also foster the adoption of mobile financial services by informal workers and informal economic units.

Interested consulting firms, are requested to review the attached terms of reference and submit their offers by the set deadline to: