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AFRICA INSURANCE COMPANY (S.C) Tender for External AuditService


Tender for External AuditService

Africa Insurance Company (S.C) is a privately owned Insurance Company established in December 1994 to undertake both general and long-term (Life) Insurance business in accordance with the Licensing and Supervision of Insurance Business Proclamation No. 86/1994 and the commercial Code of Ethiopia.

The company would like to invite licensed audit firms to carry out a statutory audit as per the ISA for the fiscal year 2018/19and 2019/2020. Theaudit firms are required to fulfill the following;

  • Should be certified chartered accountants who are authorized to Audit Public Interest Entityby the office of Auditing and Accounting Board of Ethiopia;
  • Copy of professional indemnity Insurance Cover;
  • Should have renewed (valid) Business license;
  • Should have TIN certificate;
  • Should submit their detailed work profile;
  • Bid security of Birr 20,000.00 (CPO).

Beside, the audit firm should indicate the time frame to complete the audit. Eligible and interested audit firms can submit their sealed technical and financial proposal with quotation and should reach our office at address given below not later than October 20, 2018.

Africa Insurance Company (S.C)

Bole-Africa Avenue

Alem Building 3rdfloor, Finance & Investment Department

Tel. +251-011-6637716, 251-0116632989

Addis Ababa