Request for Proposal - Legal Advisory Services

Bankers without Boundaries (BwB), an innovator in global finance, is an investment banking, asset management and advisory firm focused on delivering value to our clients that benefit the environment and society. Founded in 2013, BwB is powered by former investment bankers and is a not for profit, with operations in Ireland, the United Kingdom & Singapore. BwB serves the financial needs of governments, institutional clients, corporates, high net worth individuals, cities, and foundations worldwide in meeting the most pressing social and environmental challenges.

Africa Capital Hub (BWB), acting as transaction adviser to Solid’Africa, is seeking a legal adviser to support the structuring and delivery of the Solid’Africa School Feeding Development Impact Bond (DIB) in Rwanda.

The role involves providing transaction-readiness legal advisory services to ensure the DIB is legally sound and investor-ready within a fast-paced, fixed timeline. The adviser will deliver comprehensive legal analysis across multiple workstreams, including transaction structuring, government contracting, regulatory compliance, escrow arrangements, and data protection.

Key responsibilities include:

• Advising on transaction structure and legal frameworks for a blended finance instrument (DIB)
• Assessing government contracts, MoUs, and PPP arrangements
• Designing and reviewing escrow, trustee, and payment mechanisms
• Providing guidance on tax, FX, KYC/AML, and regulatory compliance
• Ensuring compliance with data protection and safeguarding requirements
• Reviewing and contributing to transaction documentation and conditions precedent
• Delivering a suite of practical, transaction-focused legal outputs within a compressed timeline (12 working days)
• Supporting (if extended) negotiations and drafting of transaction agreements with investors and public-sector stakeholders

The role requires close collaboration with the transaction team and stakeholders, with outputs tailored for a non-legal audience and focused on enabling investment readiness.

Essential Requirements

• Qualification to practice law in Rwanda (or partnership with Rwanda-admitted counsel)
• Proven experience in structured finance, blended finance, impact bonds, or PPP transactions
• Demonstrated expertise in escrow and trust structuring in multi-party or cross-border contexts
• Experience advising on government contracts, MoUs, or PPP frameworks in East Africa
• Strong knowledge of tax, FX regulations, and KYC/AML compliance in Sub-Saharan Africa
• Understanding of data protection frameworks, including cross-border and sensitive data (e.g. child data)

Preferred Requirements

• Experience with Development Impact Bonds (DIBs), Social Impact Bonds (SIBs), or outcomes-based financing
• Familiarity with ESG / sustainability bond frameworks (e.g. ICMA principles, SPO requirements)
• Experience working with DFIs, foundations, or impact investors
• Strong Rwanda regulatory experience and relationships with key institutions

Team Requirements

• Senior Lead Counsel (Partner level) with experience on comparable transactions
• Rwanda-admitted counsel responsible for local legal analysis
• Optional supporting associate for drafting and review
• Demonstrated ability to deliver within a high-intensity, short timeline

Link to full RFP document: https://bit.ly/47BQ7Bi  (please copy and paste in browser)

Link to full TOR document: https://bit.ly/4v2oOdD (please copy and paste in browser)

Submission Deadline: 16 April 2026