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The African Development Bank Group (AfDB) is a multilateral development finance institution established to contribute to the economic development and social progress of African countries. The AfDB was founded in 1964 and comprises three entities: The African Development Bank, the African Development Fund and the Nigeria Trust Fund.
Principal Special Operation Officer, SOU

Job Type Full Time
Qualification MBA/MSc/MA
Experience 12 years

Objectives

The Infrastructure, Private Sector and Regional Integration Vice Presidency (OIVP) is responsible for all private sector operations falling within the umbrella of the Bank Group’s private sector development strategy. Within this complex, the Special Operations Unit (SOU) provides timely specialized services to resolve distressed assets. The SOU works closely with OPSD and OFSD to plan, organize and implement the activities related to private sector project identification, preparation, appraisal, implementation and portfolio management.

Accountability and Objectives: The Special Operations Unit (SOU) main responsibility is designing and implementing workouts in the form of financial restructurings, or other recovery solutions for jeopardy as well as potentially distressed investments that preserve to the extent possible the Bank’s development impact. SOU will undertake its workouts either independently or jointly with portfolio management units, with SOU always taking the lead.

Duties and responsibilities

Under the overall supervision of the Vice-President OIVP, the Head of SOU will have both technical and managerial responsibilities. The incumbent is also expected to develop an understanding of the dynamics of AfDB regional and sector portfolios and to actively communicate with their respective portfolio managers to explore areas of potential SOU value addition. He/she will be :

Assuming leadership during the SOU’s startup, including hiring and managing staff, setting work assignments, as well as supervising consultants and liaising with other AfDB units as required in the task of developing policies, procedures, guidelines, and manuals for SOU’s continuing operations;
Approving or obtaining approvals for overall asset-resolution objectives;
Identifying with SOU staff the specific targets, milestones, and other objectives against which performance assessments will be applied;
Undertaking restructuring and recovery efforts regarding jeopardy or distressed investment cases by taking over assets deemed nonperforming or impaired or in risk of becoming nonperforming or impaired, from Portfolio Officers in a structured and documented fashion;
Analysing nonperforming and impaired or potentially nonperforming and impaired transactions in order to determine and present the best course of action in terms of asset resolution to the respective approval authority within the Bank.

Selection Criteria

Including desirable skills, knowledge and experience

At least a Master’s Degree or equivalent in economics, finance, accounting or related fields. An additional qualification such as Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) will be an added advantage;
At least 12 years of relevant experience in an international bank, multilateral/bilateral development organization, or consulting firm. Strong experience in managing corporate and capital restructurings, preferably in the areas of credit is required; in addition to financial analysis, debt re-profiling, recapitalization, pre-and post-default operational restructuring, and management/sale/liquidation distressed asset;
Excellent technical knowledge and demonstrated track record in all areas of credit risk management of individual transactions. Proven ability to capture the essence in terms of risks of transactions under review, using the concepts and tools available;
Experience in valuation of listed and unlisted equities and ability to assess proposed exit strategies, and experience with Private Equity Funds would be an advantage;
Strong analytical abilities, as well as negotiation and transaction execution skills
Sound business judgment, with creative problem solving skills
Ability to build effective client relationships (internally and externally), to represent SOU effectively within and outside the AfDB, and to play an active role in knowledge sharing;
Ability to work under pressure and deliver high-quality work within tight deadlines.
Excellent oral and written communication skills, including demonstrated ability to communicate complex ideas clearly and tactfully to a variety of audiences within and outside the AfDB; and

Chief legal counsel (private sector operations), GECL.2

Job Type Full Time
Qualification MBA/MSc/MA
Experience 7 years

Objectives

General Counsel and Legal Services Department: The principal objective of the General Counsel and Legal Services Department (GECL) is to protect the interests of the Bank and to insulate the Bank from legal liability. GECL provides legal support and advice to the Boards of the Bank Group, to the President and Vice-Presidents as well as to the operational, financial and administrative departments of the Bank. GECL ensures that the Bank’s activities and operations are consistent with the constitutive documents and other legal instruments of the Bank, its policies, the norms and principles of international and commercial law and the best practices of international development banking.

Private Sector Operations Division: The main activities of the Private Sector Operations Division of GECL (GECL.2) are to handle private sector and other non-sovereign transactions and support the work of the Bank’s Private Sector Department (OPSM) the Financial Sector Department (OFSD) and the Special Operations Unit (SOU). SOU is responsible for managing problem investments in the Bank’s non-sovereign loan and equity portfolios including: restructuring and workouts of problem investments and distressed assets, asset resolution. These transactions comprise principally non-sovereign loans, guarantees, project finance transactions, syndicated loans, private equity and trade finance, amongst others.

Duties and responsibilities

Under the direct supervision of the Division Manager, Private Sector Operations (GECL.2), the Chief Legal Counsel will be a team leader in the Division, and will assist the Division Manager in coordinating and supervising the work of the Division. He/she may be requested to assume management functions in the absence of the Division Manager. S/he will be primarily responsible for the following activities in connection with the Bank’s non-sovereign loan and equity portfolios:

Liaise and collaborate with staff in the SOU, OFSD, OPSM, finance and environmental and social complexes to develop practical, innovative and creative restructuring and workout solutions for complex infrastructure projects (including power projects, toll roads, airports, ports, oil & gas, amongst others), and advising on distressed investments and non-performing loans, while ensuring compliance with applicable rules, regulations and Bank policies.
Advising as appropriate, on documentation in connection with any creditors’ rights issues, on any bankruptcy, insolvency and on any potential dispute resolution alternatives that may be required as part of any debt recovery and insolvency proceedings.
Advising on appropriate means for asset resolution including, but not limited to, any asset sales.

Additionally, s/he may also be required to undertake the following activities with regards to the Bank’s general private sector activities:

Conduct legal due diligence on proposed transactions such as, the review of project documents and agreements, constitutive documents of proposed borrowers/investee funds and review of local legal and regulatory requirements.
Liaise and collaborate with staff in the private sector ,finance and environmental and social complexes to develop the appropriate terms and conditions of transactions, ensuring compliance with applicable rules, regulations and Bank policies.
Be responsible for drafting and/or reviewing, negotiating and finalizing all relevant legal documentation required for Bank lending.
Participate in project appraisal missions and review project concept notes, project appraisal reports, draft board resolutions and assist in preparing projects for presentation to the Board of Directors.
Provide legal support for the implementation and monitoring of projects/transactions post-financial close including advising on waiver requests, consents and approvals and project work-outs amongst others.
Liaise with co-lenders/investors, partners and external counsel as appropriate.
Assist the Division Manager in coordination and quality control of the legal services provided by the Division; and
Undertaking such other assignments as required in furtherance of the Department’s mandate.

Selection Criteria

Including desirable skills, knowledge and experience

At least a Master’s degree in Law, plus admission to the Bar of (or diploma to practice law in) a member country; or a first university degree plus a relevant combination of academic qualification in Law (e.g. Juris Doctor (JD) plus admission to the Bar of (or diploma to practice law in) a member country of the Bank.
At least 7 years of relevant professional experience with an established law firm or an international financial institution, with in-depth experience in major international financial transactions with a specialization in restructuring and workouts, cross-border insolvency and bankruptcy, distressed debt and asset resolution with a focus on infrastructure projects.
Proven competence in international banking and finance, project finance, corporate finance with a specialization in bankruptcy and insolvency law, creditors’ rights issues, disposal of distressed assets, cross-border insolvencies and the negotiation of bankruptcy terms for new loans and inter-creditor agreements, and creditor’s rights issues that arise during commercial and other transitions.
Excellent negotiation skills and demonstrated ability to work under pressure and deliver within tight deadlines.
Possess a versatile multi-disciplinary skill-set, an ability to work in a multi-cultural environment and effective communication, team building, inter-personal, writing and analytical skills.
Ability to communicate and write effectively in English and/or French. A working knowledge of the other language will be an added advantage; and
IT competence in the use of standard software such as MS Word, Power Point, Excel and Internet Explorer.

Head of the special operation , SOU

Job Type Full Time
Qualification MBA/MSc/MA
Experience 12 years

Objectives

The Infrastructure, Private Sector and Regional Integration Vice Presidency (OIVP) is responsible for all private sector operations falling within the umbrella of the Bank Group’s private sector development strategy. Within this complex, the Special Operations Unit (SOU) provides timely specialized services to resolve distressed assets. The SOU works closely with OPSD and OFSD to plan, organize and implement the activities related to private sector project identification, preparation, appraisal, implementation and portfolio management.

Accountability and Objectives: The Special Operations Unit (SOU) main responsibility is designing and implementing workouts in the form of financial restructurings, or other recovery solutions for jeopardy as well as potentially distressed investments that preserve to the extent possible the Bank’s development impact. SOU will undertake its workouts either independently or jointly with portfolio management units, with SOU always taking the lead.

Duties and responsibilities

Under the overall supervision of the Vice-President OIVP, the Head of SOU will have both technical and managerial responsibilities. The incumbent is also expected to develop an understanding of the dynamics of AfDB regional and sector portfolios and to actively communicate with their respective portfolio managers to explore areas of potential SOU value addition. He/she will be :

Assuming leadership during the SOU’s startup, including hiring and managing staff, setting work assignments, as well as supervising consultants and liaising with other AfDB units as required in the task of developing policies, procedures, guidelines, and manuals for SOU’s continuing operations;
Approving or obtaining approvals for overall asset-resolution objectives;
Identifying with SOU staff the specific targets, milestones, and other objectives against which performance assessments will be applied;
Undertaking restructuring and recovery efforts regarding jeopardy or distressed investment cases by taking over assets deemed nonperforming or impaired or in risk of becoming nonperforming or impaired, from Portfolio Officers in a structured and documented fashion;
Analysing nonperforming and impaired or potentially nonperforming and impaired transactions in order to determine and present the best course of action in terms of asset resolution to the respective approval authority within the Bank.

Selection Criteria

Including desirable skills, knowledge and experience

At least a Master’s Degree or equivalent in economics, finance, accounting or related fields. An additional qualification such as Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) will be an added advantage;
At least 12 years of relevant experience in an international bank, multilateral/bilateral development organization, or consulting firm. Strong experience in managing corporate and capital restructurings, preferably in the areas of credit is required; in addition to financial analysis, debt re-profiling, recapitalization, pre-and post-default operational restructuring, and management/sale/liquidation distressed asset;
Excellent technical knowledge and demonstrated track record in all areas of credit risk management of individual transactions. Proven ability to capture the essence in terms of risks of transactions under review, using the concepts and tools available;
Experience in valuation of listed and unlisted equities and ability to assess proposed exit strategies, and experience with Private Equity Funds would be an advantage;
Strong analytical abilities, as well as negotiation and transaction execution skills
Sound business judgment, with creative problem solving skills
Ability to build effective client relationships (internally and externally), to represent SOU effectively within and outside the AfDB, and to play an active role in knowledge sharing;
Ability to work under pressure and deliver high-quality work within tight deadlines.
Excellent oral and written communication skills, including demonstrated ability to communicate complex ideas clearly and tactfully to a variety of audiences within and outside the AfDB; and
Demonstrated leadership and teamwork skills.

Chief trade and regional integration officer, ONRI.2

Job Type Full Time
Qualification MBA/MSc/MA
Experience 10 years

Objectives

The Regional Integration Policy and Strategy (RIPoS) approved in November 2014 provides the strategic direction of the ONRI department. The key pillars of the RIPoS are: 1) infrastructure development (with emphasis on soft infrastructure); Trade & Industrialization; and 3) capacity building as a cross-cutting pillar.

The objective of the Regional Integration and Trade Division is to implement activities that support regulatory and policy reforms and institutional capacity development to ensure movement of goods and services across borders to facilitate Africa’s economic integration and global trade. The division’s priority focus areas include: a) trade facilitation and support to infrastructure investments; b) trade policy and capacity support; c) investment attraction & value chain diagnostics; d) Services trade with emphasis on cross-border trade in skills; and e) financial integration.

The candidate is expected to lead and provide strategic direction to the division’s trade agenda particularly in the areas of trade policy, investment attraction, trade facilitation and services. Furthermore, he/she is expected to deepen the Bank’s trade analytical and knowledge work, engagement with Regional Member Countries, Regional Economic Communities and other international organizations. Within the Bank, the candidate is expected to lead and provide technical support to regional and cross border infrastructure operations and develop tools and knowledge products that are operationally relevant.

Duties and responsibilities

Under the supervision of the ONRI.2 Division Manager, and in collaboration with other staff of the division, the incumbent’s duties and responsibilities will be as follows:

Lead the division’s work on trade and regional integration by strengthening and further defining and expanding the current work stream in line with the Bank’s overall agenda and with RMCs and other international partners.
Provide strategic and business leadership of trade and regional integration with sector and regional departments in the Bank;
Develop trade and regional integration programmes/projects that are operationally relevant for Bank intervention especially in the infrastructure sector;
Build and strengthen partnerships coalitions within and outside the Bank, including the private sector, RECs, local institutions, and NGOs;
Support RECs and RMC in implementation of their regional integration programmes;
Mentor and provide guidance to less experienced staff in the preparation of programmes, analytical work, tools and other products and services;
Lead the Bank’s policy dialogue, analytical and knowledge agenda on regional integration and trade and ensure that they are mainstreamed into the Bank’s operational and analytical work;
Provide technical and advisory services to Regional Member Countries (RMCs), Regional Economic Communities (RECs) and the private sector;
Provide support to other duties as assigned by the Division Manager ONRI.2.

Selection Criteria

Including desirable skills, knowledge and experience

A minimum Master’s degree or equivalent in Economics, Law, Social sciences, International Trade/Relations, or related international development fields;
Strong analytical skills and ability to produce high quality reports;
At least ten years of progressively responsible experience in trade , operational experience in Africa is an added advantage;
A diverse work background in trade and regional integration issues , especially in the division’s focus areas;
Strong client orientation with commitment to results on the ground;
Strong operational experience and ability to contribute to strategic thinking and to integrate strategies and policies into Bank programmes/projects;
Proven ability to conduct research, analyze and produce reports. Publications on topics related to trade and regional integration would be an added advantage;
Excellent interpersonal and communication skills and demonstrated ability to communicate ideas effectively;
Strong leadership skills including the ability to mentor, coach and to work effectively in a matrix management environment, both as a team leader and team member;
Excellent computer skills: Word, Excel, PowerPoint etc.;
Language skills: proficiency in English or French, with a good working knowledge of the other. Proficiency in the two working languages of the Bank will be an advantage.

Division Manager: Regional Integration & Trade, ONRI2

Job Type Full Time
Qualification MBA/MSc/MA
Experience 7 years

Objectives

The purpose of the NEPAD Infrastructure Project Preparation Facility (NEPAD-IPPF) is to finance the preparation of bankable projects in infrastructure across the continent. Its major partners are African States, Regional Economic Communities (RECs) and Specialized Institutions such as Power Pools and River Basin Organizations including continental bodies, the African Union Commission (AUC) and the NEPAD Planning and Coordinating Agency (NPCA). NEPAD-IPPF focuses on Transport, Transboundary Water Resources, Energy and ICT sectors. It is a multi-donor Facility managed by the African Development Bank through the NEPAD, Regional Integration and Trade Department. The key activities of the unit are the management and administration of the resources of the Facility, resource mobilization, organization of Oversight Committee (OC) meetings and portfolio management in collaboration with Task Managers.

The Senior Programme Officer will, in collaboration with the Division Manager be responsible for developing briefs and reports related to IPPF programs, portfolio management, communication, and on the OC meetings. The senior programme officer will also prepare IPPF’s annual reports and support in the production of communication material for the department.

Duties and responsibilities

Under the supervision of the NEPAD-IPPF Manager, the incumbent shall perform the following duties:

Research and develop analytical reports on IPPF programs including the annual reports;
Analyse IPPF’s portfolio and develop reports on Portfolio performance;
Track and report on the development impact of IPPF funded interventions through an appropriate monitoring and evaluation (M&E) framework
In collaboration with infrastructure specialists provide briefs and quarterly reports on IPPF’s programmes for OC members;
Work closely with the Portfolio analyst to monitor portfolio performance & propose actions to improve performance to management;
Support the NEPAD-IPPF Manager in the implementation of IPPF operations and the Strategic Business Plan (SBP);
Provide material for IPPF’s website and newsletter Prepare and disseminate the quarterly status report on the execution of the objectives of the SBP;
Any other activity that will be assigned by the Manager or the Director.

Selection Criteria

Including desirable skills, knowledge and experience

A minimum of Master’s degree or equivalent in Social Sciences, Economics, ,Law or related international development fields;
Proven strong research, analytical, M&E and writing skills
At least seven (7) years of professional experience on issues in managing programmes, regional integration, project preparation and management including tracking and reporting on results;
Strong client orientation with commitment to results on the ground and operational experience;
Excellent interpersonal and communication skills and demonstrated ability to communicate ideas effectively and to work in a multi-cultural environment;
Excellent computer skills: Word, Excel, PowerPoint, Microsoft Project, etc.;
Excellent verbal and written communication skills in English and/or French. A good working knowledge of the other language would be an added advantage

Senior Operations Assistant, ONRI

Job Type Full Time
Qualification BA/BSc/HND
Experience 5 years

Objectives

The Regional Integration Policy and Strategy (RIPoS) approved in November 2014 provides the strategic direction of the ONRI department. The key pillars of the RIPoS are: 1) infrastructure development (with emphasis on soft infrastructure); Trade & Industrialization; and 3) capacity building as a cross-cutting pillar.

The Director’s front office provides strategic focus, support and coordinates the three divisions and two units in the department. Administrative issues of the front office include implementation of the work programme, budget, procurement and portfolio management.

Duties and responsibilities

Under the guidance of the director, the selected candidate is expected to provide administrative and operational support to the department. Specific duties include:

Assists with the preparation of annual working calendar and quarterly mission programme;
Support the director in creating/revising systems and procedures by analyzing operating practices, budgetary and personnel requirements;
Support the preparation of annual budget and work program;
Support the development of an annual calendar for work program monitoring;
Prepare the quarterly work program reports, mission program;
Submission for approval and monitoring Consultant’s summary data sheets;
Support task managers on consultancy procurements issues;
Monitor and report on project pipeline and portfolio of the department (ONRI, IPPF, AfTra and other Trust Funds)
Provide administrative support for workshops and conferences;
Responsible for processing the department’s documents and publications;
Contributes to team effort by accomplishing related results as needed;

Selection Criteria

Including desirable skills, knowledge and experience

At least a Bachelor’s degree or BTS in Economics, Finance, Business Administration, or other related field;
At least seven (5) years of progressively responsible operational and administrative experience, preferably with international organisations,
Should be well versed with IT systems and information management systems such as SAP
Strong client orientation with commitment to results and operational experience;
Excellent interpersonal and communication skills and demonstrated ability to communicate ideas effectively;
Excellent computer skills: Word, Excel, PowerPoint, etc.;
Excellent verbal and written communication skills in English and/or French. A good working knowledge of the other language would be an added advantage.

Senior program officer, JSSO

Job Type Full Time
Qualification MBA/MSc/MA
Experience 6 years

Objectives

The Joint Secretariat Support Office (JSSO), based in Addis-Ababa, Ethiopia a joint initiative of the African Union Commission (AUC), the UN Economic Commission for Africa (ECA) and the African Development Bank (AfDB). The main purpose of the JSSO is to strengthen collaboration and coordination and leverage synergies between the three institutions. The Office therefore works closely with the three institutions to monitor and follow up on the implementation of joint initiatives such as the PIDA, Agenda 2063, the Continental Free Trade Area (CFTA), ClimDev, etc.

The Incumbent will work closely with the Coordinator to implement joint initiative to strengthen the collaboration between the three institutions.

Duties and responsibilities

Under the general guidance of the Director of ONRI and the specific technical guidance and administrative supervision of the JSSO Coordinator, the senior Program Officer of the JSSO will perform the following duties and responsibilities:

Write reports and briefs for the JSSO related to key continental initiatives such as Agenda 2063, ClimDEV, BIAT, CFTA, & PIDA;
Provide technical input to seminars, Workshops and meetings organized by JSSO;
Monitor implementation of joint programmes & ensure complementarity among the three continental institutions: AUC, UNECA & AfDB;
Help to determine new and emerging issues requiring strategic intervention by the three institutions;
Ensure that cooperation arrangements are program-oriented and based on the common priority areas;
Identify resource requirements of the JSSO and its activities as well as potential funding sources;
Coordinate the on-going collaboration between the three institutions in the area of regional integration, particularly with regard to the implementation of NEPAD programmes and activities such as the Program for Infrastructure Development in Africa (PIDA), the prioritization of NEPAD programs, implementation of the African Action Plan (AAP) and participation in the African Peer Review Mechanism (APRM) and their related programs and meetings;
Provide technical input to technical reports and supervise research reports commissioned by JSSO secretariat;
Represent the Bank, upon delegation by the JSSO Coordinator or other relevant Bank departments, in joint meetings with the ECA, AUC and other Addis Ababa-based institutions and help coordinate joint initiatives;
Prepare each year a Report on the Status of collaboration between the three institutions.

Selection Criteria

Including desirable skills, knowledge and experience

At least a Master’s degree in social sciences, development, economics international relations and related fields.
A minimum of six years of relevant professional experience
Excellent writing and analytical skills (an added advantage)
Knowledge of Bank policies and good working knowledge of the AUC and ECA
Experience in dealing with national and regional authorities.
Proven ability to conduct research, analyse and synthesize information and produce reports.
Demonstrated interpersonal skills.
Excellent computer skills: Word, Excel, PowerPoint etc.
Language skills: proficiency in English and French, given that the incumbent will be required to interact with highest authorities of the three institutions and member countries, RECs, DFIs, ROs, the media, civil society organizations and other stakeholders, sometimes on a one-to-one basis.

Senior program officer, ONRI / IPPF

Job Type Full Time
Qualification MBA/MSc/MA
Experience 7 years

Objectives

The purpose of the NEPAD Infrastructure Project Preparation Facility (NEPAD-IPPF) is to finance the preparation of bankable projects in infrastructure across the continent. Its major partners are African States, Regional Economic Communities (RECs) and Specialized Institutions such as Power Pools and River Basin Organizations including continental bodies, the African Union Commission (AUC) and the NEPAD Planning and Coordinating Agency (NPCA). NEPAD-IPPF focuses on Transport, Transboundary Water Resources, Energy and ICT sectors. It is a multi-donor Facility managed by the African Development Bank through the NEPAD, Regional Integration and Trade Department. The key activities of the unit are the management and administration of the resources of the Facility, resource mobilization, organization of Oversight Committee (OC) meetings and portfolio management in collaboration with Task Managers.

The Senior Programme Officer will, in collaboration with the Division Manager be responsible for developing briefs and reports related to IPPF programs, portfolio management, communication, and on the OC meetings. The senior programme officer will also prepare IPPF’s annual reports and support in the production of communication material for the department.

Duties and responsibilities

Under the supervision of the NEPAD-IPPF Manager, the incumbent shall perform the following duties:

Research and develop analytical reports on IPPF programs including the annual reports;
Analyse IPPF’s portfolio and develop reports on Portfolio performance;
Track and report on the development impact of IPPF funded interventions through an appropriate monitoring and evaluation (M&E) framework
In collaboration with infrastructure specialists provide briefs and quarterly reports on IPPF’s programmes for OC members;
Work closely with the Portfolio analyst to monitor portfolio performance & propose actions to improve performance to management;
Support the NEPAD-IPPF Manager in the implementation of IPPF operations and the Strategic Business Plan (SBP);
Provide material for IPPF’s website and newsletter Prepare and disseminate the quarterly status report on the execution of the objectives of the SBP;
Any other activity that will be assigned by the Manager or the Director.

Selection Criteria

Including desirable skills, knowledge and experience

A minimum of Master’s degree or equivalent in Social Sciences, Economics, ,Law or related international development fields;
Proven strong research, analytical, M&E and writing skills
At least seven (7) years of professional experience on issues in managing programmes, regional integration, project preparation and management including tracking and reporting on results;
Strong client orientation with commitment to results on the ground and operational experience;
Excellent interpersonal and communication skills and demonstrated ability to communicate ideas effectively and to work in a multi-cultural environment;
Excellent computer skills: Word, Excel, PowerPoint, Microsoft Project, etc.;
Excellent verbal and written communication skills in English and/or French. A good working knowledge of the other language would be an added advantage

Senior trade and investment officer, ONRI.2

Job Type Full Time
Qualification MBA/MSc/MA
Experience 5 years
Job Field Administration / Secretarial Finance / Accounting / Audit Law / Legal

Objectives

The Regional Integration and Trade Division is seeking an experienced Trade and Investment specialist to design and implement programmes for promoting investment and trade linkages across several industries, especially between Africa, Asia, Europe and North America. The Regional Integration Policy and Strategy (RIPoS) approved in November 2014 provides the strategic direction of the ONRI department. The key pillars of the RIPoS are: 1) infrastructure development (with emphasis on soft infrastructure); Trade & Industrialization; and 3) capacity building as a cross-cutting pillar.

The objective of the Regional Integration and Trade Division is to implement activities that support regulatory and policy reforms and cross-border trade and investment to help facilitate the free movement of goods and services and in order to enable Africa’s economic integration into the global economy. The division’s priority focus areas include: a) trade facilitation and support to infrastructure investments; b) trade policy and capacity support; c) investment attraction & value chain diagnostics; d) Services trade with emphasis on free movement of persons and talent mobility; and e) financial integration.

Investments are critical to promoting trade across Africa and developing the African private sector. The candidate is expected to deepen the Bank’s work in investment facilitation through support for policy and regulatory reforms as well as institutional strengthening by developing analytical and knowledge works and Technical Assistance projects through close collaboration with Regional Member Countries, Regional Economic Communities and sister international organizations. Within the Bank, the candidate is expected provide technical support on the investment aspects of regional infrastructure operations and develop tools and knowledge products that are operationally relevant.

Duties and responsibilities

Under the supervision of the Division Manager Regional Integration and Trade, the Senior Trade and Investment Expert will:

Develop and implement targeted programmes and projects to support investment promotion and trade promotion agencies, working in collaboration with the Bank’s African Development Institute (EADI) and the Private Sector Department.
Design and implement collaborative project partnerships on trade and investment promotion with sister organizations such as the International Trade Centre (ITC) and the World Bank’s Trade and Competitiveness Practice.
Support Regional Economic Communities (RECs) and Regional Member Countries (RMCs) in implementing their programmes on investment promotion. This includes support for institutional strengthening of investment promotion agencies, regulatory reforms to facilitate investment and programmes specifically targeting the investment facilitation for the African private sector.
Support the division’s work on targeting promotion of investments into Africa from specific markets in order to promote trade, such as the USA through the African Growth and Opportunity Act (AGOA) and the Africa – EU Economic Partnership Agreements (EPAs).
Contribute to the Bank’s knowledge base on investment facilitation, best practices and new developments in the area
Provide technical and advisory services to Regional Member Countries (RMCs), Regional Economic Communities (RECs) and the private sector on investment facilitation reforms.
Mobilize resources within and outside the Bank for technical assistance activities to support investment facilitation.
Provide technical support on the investment aspects of the Department’s infrastructure operations,
Provide support to other duties as assigned by the Manager or the Director, ONRI

Selection Criteria

Including desirable skills, knowledge and experience

A minimum Master’s degree or equivalent in Economics, Law, Finance, Social Sciences, International Trade/Relations, or related international development fields,
At least five (5) years of progressive experience in investment facilitation;
Familiar with trade/ investment treaties and cross-border investment facilitation in Africa, Asia, Europe and North America;
Previous experience in providing investment facilitation support in Africa would be an advantage;
Strong client orientation with commitment to results on the ground;
Strong operational experience and ability to contribute to strategic thinking and to integrate strategies and policies into Bank programmes/projects;
Strong writing skills and a proven ability to conduct research and produce analytical reports. Demonstration of previous publications on trade issues and investment facilitation would be an added advantage;
Excellent interpersonal and communication skills and demonstrated ability to communicate ideas effectively;
Ability to work effectively in a matrix management environment, both as a team leader and team member;
Excellent computer skills: Word, Excel, PowerPoint etc;
Language skills: proficiency in English or French, with a good working knowledge of the other. Proficiency in the two working languages of the Bank will be an asset.

Method of Application
Interested and suitably qualified candidates should click on preferred job titles to apply online.

 

 

Principal special operation officer, SOU
Chief legal counsel (private sector operations), GECL.2
Head of the special operation , SOU
Chief trade and regional integration officer, ONRI.2
Division Manager: Regional Integration & Trade, ONRI2
Senior Operations Assistant, ONRI
Senior program officer, JSSO
Senior program officer, ONRI / IPPF
Senior trade and investment officer, ONRI.2

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Jobs

These are the 5 most ‘boring’ — and exciting — jobs in the world, according to a recent study

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Financial jobs may often be lucrative — but some of them could make you seem boring and even incompetent to the people around you, according to a new study.

Researchers from the University of Essex in Colchester, England, asked more than 500 people across five different experiments about the careers and hobbies they considered the most “boring” — and what characteristics they associated with people who did those jobs. The study was published in the Personality and Social Psychology Bulletin earlier this month.

Finance was overwhelmingly tagged as the world’s most boring industry, with finance-associated positions occupying four of the top five slots on the “most boring” list. The people occupying those “boring” jobs were also not seen as competent, according to the report, which surprised at least one of the study’s authors.

“I would have thought that accountants would be seen as boring, but effective and the perfect person to do a good job on your tax return,” Wijnand Van Tilburg, a study co-author and senior lecturer in the university’s psychology department, said in a statement last week.

Tilburg said that stereotypically “boring people” are generally disliked, and often avoided by the people around them — largely due to unfair preconceived notions.

Your perceptions of people can certainly change over time, but folks dubbed as “boring” don’t often get a chance to prove the stereotypes wrong, Tilburg said. “The very fact that people choose to avoid them can lead to social ostracization and increase loneliness, leading to a really negative impact on their lives,” he said.

Tilburg said he launched the study to explore stigmas around boredom, and how it can impact the way humans perceive each other: “The irony is studying boredom is actually very interesting and has many real-life impacts.”

Here are the results of the study, including top-five lists for most boring jobs, most exciting jobs and most boring hobbies:

Top 5 most boring jobs
Data analysis
Accounting
Tax/insurance work
Cleaning
Banking

Top 5 most exciting jobs
Performing arts
Science
Journalism
Health professional
Teaching

Top 5 most boring hobbies
Sleeping
Religion
Watching television
Observing animals
Math
Some of those “boring” jobs do tend to pay more than some of the “most exciting” ones. According to compensation software and data company Payscale, the average salary for a data analyst is around $62,754 per year. That’s approximately $10,000 per year more than the average salary of someone in performing arts — roughly $52,522, according to Glassdoor.

And while “sleeping” ranked as the single most boring hobby anyone could have, getting regular amounts of high-quality sleep is essential to your productivity, health and mental sharpness, according to research.

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Jobs

The 10 most-searched jobs in the U.S., according to Google—and how much they pay

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The coronavirus pandemic has spurred millions of people to quit their jobs to spend more time at home, become their own boss or pursue their dream career, among other reasons.

This phenomenon – often referred to as “The Great Resignation” – has dominated conversations in recent months, and new research from Google based on its search trends suggests that this quitting wave is reaching other continents.

The top countries searching for “how to leave your job” on Google between January 2021 and 2022 were the Philippines, South Africa, the U.S., Australia and the U.K.

While Google did not include additional global insights in its report, their researchers did identify the top jobs people searched for in the U.S. alongside the phrase “how to become,” such as “how to become a lawyer,” to determine which careers people are most interested in.

Google’s research shows that people are most excited about jobs that help others improve their mental and physical health, offer ample travel opportunities and flexible work schedules. “Real estate agent” and “flight attendant” claimed the top two spots on the list.

Some jobs, however, are more popular in certain regions over others. People in the Northeast, Northwestern Midwest and Western U.S. appear to be the most interested in real estate careers, while swaths of people in the South and Midwest wanted to become notaries.

Only two states’ most-searched jobs didn’t include notary or real estate agent: New Mexico, where flight attendant was the most popular gig, and Montana, where people searched for personal trainer jobs more than any other role.

Here are the top 10 jobs people want in the U.S. right now according to Google, how much they pay and the education requirements:

Map showing the top jobs in the U.S. including real estate agent and personal trainer based on new Google research


Image courtesy of Google

  1. Real estate agent
    Median salary: $51,220

Typical entry-level education: High school diploma or equivalent

  1. Flight attendant
    Median salary: $59,050

Typical entry-level education: High school diploma or equivalent

  1. Notary
    Median salary: $37,000

Typical entry-level education: Bachelor’s degree

  1. Therapist
    Median salary: $47,576

Typical entry-level education: Bachelor’s or master’s degree

  1. Pilot
    Median salary: $130,440

Typical entry-level education: Bachelor’s degree and flight training

  1. Firefighter
    Median salary: $ 52,500

Typical entry-level education: Postsecondary nondegree award (certificate program and other skills training)

  1. Personal trainer
    Median salary: $40,510

Typical entry-level education: High school diploma or equivalent

  1. Psychiatrist
    Median salary: $208,000

Typical entry-level education: Doctorate of medicine, or M.D.

  1. Physical therapist
    Median salary: $91,010

Typical entry-level education: Doctoral or professional degree

  1. Electrician
    Median salary: $56,900

Typical entry-level education: High school diploma or equivalent

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Jobs

These are the top companies to work for in the UK in 2022, according to Glassdoor

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Software company ServiceNow has been named as the best place to work in the U.K. in 2022, according to Glassdoor’s annual employer rankings.

ServiceNow entered the U.K. rankings for the first time this year, with employees highlighting the company’s strengths in its workplace culture, career opportunities and training, in anonymous reviews left on Glassdoor.

California-based ServiceNow is headed up by Bill McDermott, the former CEO of software solutions firm SAP.

McDermott noted that the “employee experience is really everything” amid the return to work, speaking on CNBC’s “TechCheck” in August, on the back of ServiceNow’s acquisition of indoor mapping and wayfinding company Mapwize.

“There’s a war for talent out there … the companies that are early adopters to these technologies [will] win and the one’s that don’t will lose a lot of people,” McDermott said.

Global jobs website Glassdoor compiled the rankings by looking at companies that had received at least 30 ratings across nine attributes, including an overall score from an employee, as well as factors such as work-life balance, compensation and benefits, and whether staff would recommend their employer to a friend.

I.T. consultancy AND Digital came in second place on Glassdoor’s 2022 list and was also a newcomer in the rankings.

Jill Cotton, career trends analyst at Glassdoor, told CNBC via email that this year’s rankings had seen a number of new entrants partly because the coronavirus pandemic had “turned the business world upside down but this gave companies the opportunity to embrace change, rip up the corporate rulebook and put their people first.”

Cloud-based software firm Salesforce, which topped the rankings last year, dropped down to third place on the 2022 list.

Cotton said that technology companies dominated the rankings because they were “well-equipped to adapt during the pandemic.”

In addition, she said that the pandemic had forced many businesses to speed up their adoption of technology.

“This growing importance means that now all businesses need to be a tech company of sorts,” Cotton added.

Immediate Media Company, a special interest content and platform company, and Abcam, a supplier of protein research tools, rounded out the top five companies on Glassdoor’s list. Here’s the full rundown of the U.K.’s best employers.

The U.K.’s top 10 employers for 2022
ServiceNow
AND Digital
Salesforce
Immediate Media Company
Abcam
McKinsey & Company
Adobe
VMware
Arm
Meta (Facebook)

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