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 inclusive economic growth and social progress across the continent. There are 80 member states, including 54 in Africa (Regional Member Countries). The Bank’s development work program entails delivering 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, all of which are needed to accelerate the delivery of the Sustainable Development Goals in Africa, have been identified for scaling up, namely; energy, agro-business, industrialization, integration and improving the quality of life for the people of Africa.
The Chief Economist/Vice-President for Economic Governance and Knowledge Management is the Bank’s spokesperson on economic matters and the Vice President for the ‘Economics Governance and Knowledge Management Complex’. The Chief Economist/Vice-President for Economic Governance and Knowledge Management is responsible for (i) providing leadership and visibility for the Bank on economic, finance, financial governance and socio economic development issues; and coordinating the generation of analytical work to inform operational engagement and policy formulation; and (ii) systematically emphasize the critical role of knowledge, experience, lessons learnt and their tangible impact on sustainable, inclusive transformation of African economies. The Chief Economist/Vice-President for Economic Governance and Knowledge Management inspire, generate and provide direct support to the President and Senior Management of the Bank on a broad range of technical and management issues within the broad remit of economic, finance, public financial governance, management and social economics.
THE HIRING DEPARTMENT/DIVISION
The Macroeconomics, Policy, Forecasting and Research Department is dedicated to the generation of high quality knowledge in the area of development in Africa. It (i) provides technical support to operations and regional member countries through rigorous analytical work; (ii) engages in impactful policy dialogue with decision-making bodies within and outside of the Bank; and (iii) most importantly enhances the operational effectiveness of the Bank in achieving the High 5s. The activities of the department are structured around the Macroeconomic Policy, Debt Sustainability and Forecasting on one side, and the Microeconomics, Institutional and Development Impact on the other.
The Microeconomic, Institutional and Development Impact division focuses on microeconomic issues related to development finance, infrastructure development, private sector development, industrial organizations, governance, competitiveness & investment climate, agriculture, institutions, and regional integration to support the High 5s. In addition, the Microeconomic, Institutional and Development Impact division is the institutional anchor of the ex-ante Additionality and Development Outcome Assessment and Outcome Assessments (ADOA) of the Bank’s Non-Sovereign and Regional operations, as such it is a key element of the Bank’s Results Framework and Quality at Entry control system.
The Senior Research Economist is part of the ECMR.2 team and is expected to perform both ADOA assessments of the Bank’s lending operations as well as research activities related to the Bank’s High5 agenda. The candidate is expected to particularly handle lending operations involving financial intermediaries.
Under the supervision of the Microeconomic, Institutional and Development Impact Division Manager, the Senior Research Economist will:
1. Perform Ex-ante Additionality and Development Outcome Assessments of the Bank’s lending operations
2. Lead and participate in the division’s research activities supporting the Bank’s High 5s (High priority areas: Light Up and Power Africa (Energy), Feed Africa (Agriculture and Nutrition), Industrialize Africa (Industrialization), Integrate Africa (Regional Integration) and Improve quality of live for Africans (Sustainable socio-economic development)). This includes also strengthening knowledge generation in the area of inclusive and green growth. The candidate is expected to play a leading role in research activities covering financial sector development and inclusion issues.
3. Provide inputs into the production of the Bank’s flagship publications
4. Provide technical and analytical input into the work of Operations Complexes:
5. Contribute to the Bank’s “Working Papers Series " and the Bank’s "African Development Review":
6. Provide inputs in collaborative research and knowledge management activities carried out jointly with regional and international organizations, research and capacity building institutions in Africa, development research centers and universities.
7. Participate in review meetings, internal Task forces and Working Groups and represent the Bank in external ones.
8. Perform other duties as may be assigned by Management.
Including desirable skills, knowledge and experience
1. Have at least a Master degree in Finance or relevant field; A PhD would be an added advantage.
2. Have a minimum of Five (5) years of professional experience combining research and strong operational involvement in the design and Evaluation of operations relevant to the High 5s areas including the following: infrastructure including energy, agriculture, private sector development, industrial organizations and social sectors, project analysis and/or monitoring and evaluation. A minimum of 3 years of professional experience covering financial intermediaries and financial sector development/inclusion issues is necessary.
3. Proven ability in Leading and producing development policy research and analysis of economic conditions that are of relevance for the High 5s (Bank priority areas) with a proven publication record in international peer review journals, working papers, book chapters, reports
4. Good knowledge and background in the use of statistical and econometric methods and packages in project evaluation, finance and development economics research;
5. Ability to understand and identify development outcomes expected from real sector projects.
6. Proven skills in drafting and preparation of policy memoranda, speeches and notes for use in decision making processes.
7. Communicate and write effectively in English or French, with a good working knowledge of the other language;
8. Good communication skills and a proven ability to work in teams and on multiple projects in parallel until tight deadlines.
THIS POSITION IS CLASSIFIED INTERNATIONAL STATUS AND ATTRACTS INTERNATIONAL TERMS AND CONDITIONS OF EMPLOYMENT.
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.