WARNING AGAINST FRAUDULENT USE OF THE AFRICAN DEVELOPMENT BANK’S (AfDB) NAME Read more
Established in 1964, the African Development Bank is the premier pan-African development institution, promoting economic growth and social progress across the continent. There are 80 member states, including 54 in Africa (Regional Member Countries). The Bank’s development agenda is delivering the financial and technical support for transformative projects that will significantly reduce poverty through inclusive and sustainable economic growth. In order to sharply focus the objectives of the Ten Year Strategy (2013 – 2022) and ensure greater developmental impact, five major areas (High 5s), all of which will accelerate our delivery for Africa, have been identified, namely: energy, agro-business, industrialization, integration and improving the quality of life for the people of Africa.
The Vice-Presidency for ‘Power, Energy, Climate and Green Growth’ is a Sector Complex focusing on the Bank’s Ten Year Strategy and first High 5s priority of “Light up and Power Africa”. The complex’s objectives are to develop policy and strategy; to provide deep sector technical expertise to the Regions by gathering pool of experienced individuals who can be consulted for their expertise on complicated transactions; to develop new financing instruments; to act as spokesperson to represent the Bank with external stakeholders on all aspects of “Light Up and Power Africa”. The Complex will focus on areas of Power systems, policy and regulation, renewable energy; and, Climate and Green Growth.
The Energy Financial Solutions, Policy and Regulations department is responsible for advising Regional Member Countries in the establishment of relevant policies and regulations and to structure energy investments. The department is also responsible for coordinating relevant flagship programs: Early stage Project support and Financing Catalyst and Country-wide Transformation. Under the department there are two divisions, namely: Energy Policy Regulations and Statistics Division and Financial Solutions Division.
THE HIRING DIVISION
The Energy Financial Solutions Division provides leadership in the structuring of financing instruments to attract both public and private sector investments into the power sector. These instruments include grant funding, debt, equity, blended finance, leasing and innovative capital markets solutions.
The Financial Solutions Division leads on non-sovereign energy sector operations and provides financial expertise, including structuring investments across the full spectrum of the energy sector.
The responsibility of the Senior Investment Officer is to ensure the technical strength of the Bank’s activities in support of transactions linked to private sector investments in the electricity sector. The main task of the job holder will be to identify business opportunities and execute transactions related to private investments in energy value chain and collaborate with the hubs and governance units in supporting regulatory reforms to allow successful Independent Power Projects (IPP) investment, as well as process financing instruments through to board approval for IPP projects.
Under the overall supervision and general guidance of the Division Manager, Financial Solutions, the Investment Officer (Origination) will perform the following:
Including desirable skills, knowledge and experience
NB: Should you encounter technical difficulties in submitting your application, please send an email with a precise description of the issue and/or a screenshot showing the problem to: HR Direct HRDirect@AFDB.ORG
To apply for this position, you need to be national of one of AfDB member countries.
Applicants who fully meet the Bank's requirements and are considered for interview will be contacted. Only online applications submitted with a comprehensive Curriculum Vitae (CV) and copies of the required degrees will be considered. The President, AfDB, reserves the right to appoint a candidate at a lower level. The African Development Bank is an equal opportunities employer. Female candidates are strongly encouraged to apply. www.afdb.org
The African Development Bank Group (AfDB) does not ask for payments of any kind from applicants throughout the recruitment process (job application, CV review, interview meeting, and final processing of applications). In addition, the Bank does not request information on applicants’ bank accounts. The African Development Bank Group declines all responsibility for the fraudulent publications of job offers in its name or, in general, for the fraudulent use of its name in any way whatsoever.