Prime Business Africa
ABIDJAN, Côte d’Ivoire, 2 April 2024 -/African Media Agency(AMA)/-The heads of procurement of the Multilateral Development Banks (MDBs) have collaboratively developed a comprehensive and user-friendly tool for assessing electronic government procurement (e-GP) systems of partner countries.
The tool, specifically designed for considering the procurement of goods, works or service contracts financed by MDBs through e-GP systems, aims to determine whether e-GP systems meet the minimum requirements set by MDBs for their effective use.
Join our WhatsApp ChannelThis assessment tool conducts a thorough review of procurement policies, procedures, and practices to ensure compliance and enables MDBs to evaluate whether e-GP systems fulfill the necessary criteria or if additional measures are required. For broader reform initiatives, this tool is ideally complemented by the MAPS e-GP supplementary module.(link is external)
The effective utilization of e-GP systems is critical for enhancing transparency, credibility, and efficiency of procurement processes. By consolidating procurement-related data and offering comprehensive insights, e-GP systems empower decision-makers in project preparation and delivery.
Distributed by African Media Agency (AMA) on behalf of African Development Bank.
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Source : African Media Agency (AMA)
Prime Business Africa is a business, economy and policy news platform founded in 2021 by veteran journalist and media scholar, Dr Marcel Mbamalu, after he left The Guardian as Editor.
Dr Mbamalu, who serves as Founder and Publisher, set up Prime Business Africa to deliver sharp, data-driven reporting on Nigeria’s markets, trade, investment, and governance trends for decision-makers, entrepreneurs, and policy leaders.
He also writes The Bottom Line, a backpage column for Punch Newspaper every Thursday.
Under his leadership, Prime Business Africa combines deep newsroom experience with a focus on accountability journalism, aiming to bridge information gaps between Africa’s private sector and the global economy.
