Financial Sector Deepening Africa
Formalizing FSD Africa’s Sustainable Procurement Commitment
Financial Sector Deepening Africa (FSD Africa), a development organization that strengthens financial markets to drive economic growth across Africa, aimed to formalize its commitment to sustainable procurement. They engaged Reeve Consulting to develop comprehensive Sustainable Procurement Guidelines and supporting resources to operationalize this commitment.
How Reeve Consulting Designed a Sustainable Procurement Program for FSD Africa
To better understand FSD Africa’s procurement landscape, Reeve conducted 12 interviews with staff across various departments, identifying key opportunities and challenges. Based on these insights, Reeve developed the following components of a high-performing sustainable procurement program:
- Sustainable Procurement Guidelines: A detailed guide covering category-specific and threshold-specific procureme
nts, helping staff integrate sustainability into everyday and high-spend purchases. Click here to see the guidelines. - Tools: Practical resources, including a market research guide, sustainability prioritization worksheet, clause menu, evaluation guide, and two factsheets, supporting staff through each step of the procurement process.
- Implementation Plan: To assist FSD Africa with the rollout of the Guidelines and ongoing program development, Reeve developed a three-year roadmap with actionable recommendations.
- Key Performance Indicators: To monitor and measure progress, Reeve developed a list of program, process, and outcome performance metrics.
- Training and Communications: Finally, to gain organization-wide awareness, Reeve developed and delivered a 60-minute training session to 70 FSD Africa staff, introducing the fundamentals of sustainable procurement, highlighting the guidelines, and the new tools to support their application.
- Supplier Engagement: FSD Africa hosted a supplier conference to announce their commitment to sustainable procurement and to foster collaboration. As part of this initiative, Reeve supported the development of a supplier newsletter and produced a video showcased at the event, illustrating the business case for adopting sustainable procurement practices.
- Supplier Video: Reeve Consulting supported FSD Africa in developing a Sustainable Procurement Guidelines video to help suppliers understand how they can align their practices to meet with buyer expectations on new sustainability policies.
Empowering Action Through Sustainable Procurement
FSD Africa staff are now ready to prioritize sustainability, local suppliers, and women-owned businesses in procurement. The guidelines, tools, and training empower staff to transition theoretical concepts into actionable strategies for daily procurement activities. Additionally, the procurement team is prepared to sustain momentum by following the implementation plan and tracking progress through KPIs.
Reeve Consulting is excited to continue supporting FSD Africa in the coming months and looks forward to seeing the long-term impact on local communities and women-owned enterprises.