dgMarket.com

Since its inception in 2001, the dgMarket was the official recipient of all World Bank tenders. It was created as a part of Development Gateway (DG) at the initiative of the World Bank with a view to improving the reach, transparency, and effectiveness of International procurement in economic development around the world. The aim of creating dgMarket was to allow a wider distribution of developmen

t opportunities to increase the population of potential bidders and extend it to developing the world. DgMarket started its journey in line with Development Gateway’s public service mission as a nonprofit organization. As one of the tender databases to provide alerts and easy access to opportunities that were not otherwise easy to get in a timely fashion, dgMarket filled an important need and demand grew rapidly. Since its creation, dgMarket has partnered around the world and dgMarket branded sites have been developed with 20 partners in a variety of geographic locations (Austria, Belarus, Brazil, China, Cote d’Ivoire, France, Greece, Italy, Israel, Kenya, Mauritania, Mexico, Romania, Spain, Turkey, USA, Uzbekistan, and Vietnam). DgMarket integrates about 1 million procurement notices per year, covering about $1 trillion tender opportunities. The Decision to Divest of dgMarket:
The World Bank publishes its tenders directly and no longer mandates the use of dgMarket. Other private sector providers have entered the space, providing tender information globally. The focus has shifted to the provision of additional services to bidders rather than mere access to information that is now more readily and easily available through for profit avenues. This no longer fits with the Development Gateway’s mission to provide the development community with global public goods. These shifts have led Development Gateway to divest the assets related to dgMarket by selling them to a private sector entity, dgMarket International Inc., a Delaware corporation led by a serial entrepreneur and philanthropist, Mr.