Posted on :
9 Jul, 2020
9 Jul, 2020
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, the Bank is implementing the High 5s, all of which will accelerate our delivery for Africa, , namely; energy, agro-business, industrialization, integration and improving the quality of life for the people of Africa.
The President plans, supervises and manages the business of the Bank Group. Under the direction of the Boards of Directors, the President conducts the business of the Bank and the African Development Fund and manages operations and activities in accordance with the Agreements establishing the African Development Bank and the African Development Fund. The President supervises several Departments and Units including Office of the President; Independent Development Evaluation Department; Integrity and Anti-Corruption Department; Compliance Review and Mediation Unit; Secretariat to the Sanctions Appeals Board; Administrative Tribunal; Office of the Auditor General; Group Risk Management Directorate; General Counsel and Legal Services Department; Communication and External Relations Department; Staff Integrity and Ethics Office and Office of the Secretary-General & General Secretariat.
Job Title: Lead Investment Relations Specialist
THE HIRING DEPARTMENT:
The Africa Investment Forum in The Office of the President assists the President in planning, supervising and managing all activities related to the efficient and timely delivery of the mandate of the Africa Investment Forum.
Africa Investment Forum (AIF) is a multi-stakeholder, multi-disciplinary platform dedicated to advancing private and public-private-partnership projects to bankable stages, raising capital, and accelerating the financial closure of deals. The AIF is Africa’s investment market place, through which the African Development Bank, along with its partners, is structuring transformational deals, screening and enhancing projects, attracting co-investors, and facilitating transactions to close Africa’s investment gaps. The AIF objectives are to reduce intermediation costs, improve the quality of project information and documentation, and increase active and productive engagements between African governments and the private sector as well as increase regional integration for developmental impact. The AIF offers investors access to a structured platform offering bankable projects within an enabling environment.
The Africa Investment Forum facilitates awareness raising about the investment opportunities in Africa for international investors, social impact investors, institutional investors (pension funds, sovereign wealth funds, and others) both local and global. It provides an opportunity for the Africa Investment Forum partners to determine the investment needs of these various categories of investors, facilitate tailored structures and showcase Africa’s investment successes and enabling policies that would be attractive to these various classes of investors who are looking to deploy funds in Africa.
The Africa Investment Forum seeks to deliver on the proposed strategic approach via its pillars as defined below:
A.The Platform – selects, supports, and facilitates the origination, structuring and closure of high-impact deals in Africa’s critical sectors through facilitating financing for project preparation & advisory services directly or through its network of advisors. It includes a digital platform for investors and project sponsors to profile their investment interests and deals respectively.
B.The Market Place – leads productive engagements and roundtables with both existing and new stakeholders’ thereby deepening relations and diversifying the sponsor, investor and partner base.
C.The Market Days – physically convenes investors, project sponsors and key decision makers at a bespoke platform for investment conversations and closing deals.
D.The Deal Tracker – a pioneering structured mechanism designed to facilitate the progress of Boardroom deals, accelerate investor’s commitments, and advance projects further towards and until deal closure.
E.Knowledge/Policy Environment – seeks to foster investment friendly regulation, a pro-investment climate to remove bottlenecks to deal closure, as well as disseminate knowledge products.
The Africa Investment Forum will track the implementation of commitments made at the actual event to ensure transactions reach financial close and policies and bottlenecks to facilitate Africa Investment Forum projects are implemented.
The Lead Investment Specialist reports to the Senior Director, Africa Investment Forum, in the Office of the President.
The key objectives of the position of Lead Investment Specialist are to:
Duties and responsibilities