Country: Federal Government of Somalia (FGS)
Name of the Project: Somalia Productive, Resilient, and Inclusive Growth (SPRING)
Assignment Title: Cyber Security Expert for Central Bank of Somalia
Project ID: P501662
Individual/Firm: Individual Selection
Deadline for submission of EOI: April 26 ,2026 at 4:00pm
Ref No. SO-MOF-537479-CS-INDV
- Background: In May 2025, the Federal Republic of Somalia, through its Ministry of Finance (MoF) launched the Somalia Productive, Resilient, and Inclusive Growth (SPRING) project. The project development objective is to promote private sector-led growth and job creation by improving the business-enabling environment, strengthening the financial system, and enhancing access to finance.
The SPRING project is organized around four components (three mutually reinforcing and one supporting): (i) Component 1: Improving the enabling environment for the private sector; (ii) Component 2: Deepening financial sector reforms and strengthening institutional capacity; (iii) Component 3: Enhancing access to finance and resilience for MSMEs; and (iv) Component 4: Project Management. A wide range of activities will be implemented as part of this project to reach its development objective, such as improvements to regulatory/institutional frameworks, the rollout of the digital ID system, financial sector reforms, the creation of a risk-sharing mechanism, and the provision of business development services for micro, small and medium enterprises in select economic sectors, among others.
The MoF received US$105 million from the World Bank, including US$10 million from the Somalia Multi-Partner Fund to implement the SPRING project. As part of this initiative, under Component 2, the MoF intends to apply part of the proceeds from the World Bank to finance the position of Cyber Security Expert for the Central Bank. The Cyber Security Expert supports the Central Bank of Somalia (CBS) in strengthening institutional capacity under the Somalia Productive, Resilient, and Inclusive Growth (SPRING) Project. The Consultant ensures that CBS’s cybersecurity practices reflect internationally recognized standards and integrate advanced methodologies—including modern analytics, cloud security considerations, and emerging security technologies—necessary to safeguard national financial infrastructure
- Responsibilities: The Cyber Security Expert provides strategic advisory support to strengthen cybersecurity governance, risk management, and institutional resilience. The role focuses on reviewing and improving policies, systems, and architecture in line with international standards, assessing and mitigating cyber risks, and ensuring effective security controls across operations and key projects. It includes supporting secure digital transformation initiatives, enhancing incident response and monitoring capabilities, and advising on emerging threats and technologies. The expert also builds internal capacity through training and guidance, while offering continuous insights to senior management to improve the organization’s overall cybersecurity posture.
All other specific tasks detailed in the Terms of Reference (TOR) for the assignment can be found at the following website link: https://centralbank.gov.so/wp-content/uploads/2026/04/Cyber-Security-Expert_ToR.pdf
