CLOSED
Afropay Digital Financial Technology Share Company Invites bidders for External Audit
AP
AFRO PAY DIGITAL FINANCIAL TECHNOLOGY
Government Organization
Location
Addis Ababa
Category
IT & Software
Reference Number
CHR-008606
Tender Type
Open
Description
Invitation for External Audit Audit Background and Objectives Background: Afropay Digital Financial Technology Share Company is incorporated under the laws of Ethiopia and registered with the National Bank of Ethiopia providing digital payment solutions, Afro Gateway. The Company is engaged in digital payment solution business. Currently more than one million transaction value is processed through our gateway. Audit Objectives: Express an independent opinion on financial statements. Verify reconciliation accuracy between balance at accounting system versus balance at bank. Evaluate compliance with central bank regulations, payment licenses, and digital asset rules. Scope of Work and Timeline Scope: Audit the statement of financial position and income statement. Verify costs capitalized underdevelopment assets and preoperational expenses. Review tax and regulatory compliance. Establish baseline financial controls to prepare the startup for future institutional scaling and subsequent funding rounds. Cover the specific fiscal year (July 1, 2026 to June 30, 2026). Deliverables: Audited financial statements with an independent audit opinion. Management letter detailing internal control gaps, system-driven financial risks, and fixes. Timeline: Fieldwork begins by 1/9/2026, and the final report is due by 15/9/2026. Eligibility and Minimum Requirements Firm Profile: Valid professional accounting license and registration with the national regulator. Fintech Experience: At least two years of experience auditing fintech, banks, or high-volume payment processors. Team Qualifications: Audit Manager must hold a recognized certification (ACCA, CPA, or equivalent). Independence: No conflict of interest with the company, investors. Proposal Submission Guidelines Two-Envelope System: Separate technical and financial proposals into distinct sealed envelopes or separate password-protected PDF files. Technical Proposal: Include company profile and CVs of the tech-audit team, methodology
Source
Source Link Available for Members
Sign up free to access the original tender posting and full details
Important Dates
Published
August 15, 2026
Closing Date
August 23, 2026
Closed 19 days ago
Contact Information
Organization
████████████████
Phone
+251 ██ ███ ████
████@████.gov.et
Login to view
Similar Tenders
Ethio telecom invites eligible bidders for the procurement of rental vehicles for the Central North Region (Debre Berhan) and its working boundaries under RFQ No. 4287190.
Ethio Telecom
Closes in 16 days
View Details
Plan International Ethiopia, Amhara PA is seeking competent and reliable suppliers for a Long Term Agreement to provide two buses (44 seats and above) including fuel costs.
Plan International Ethiopia, Amhara Program Area
Closes in 5 days
View Details
MOENCO is inviting sealed bids for the supply and delivery of IT equipment.
MOENCO
Closes in 9 days
View Details