REQUEST FOR EXPRESSIONS OF INTEREST
AFRICAN DEVELOPMENT BANK
Permanent Address: Avenue Jean-Paul II, 01 B.P. 1387, Abidjan, Côte d’Ivoire
Making Finance Work for Africa (MFW4A) / PIFD0
Email : [email protected] (cc: [email protected])
- The African Development Bank invites Individual Consultants to indicate their interest in the following assignment: Financial Sector Advisor (Long-term Finance) within the Making Finance Work for Africa Secretariat. Making Finance Work for Africa (MFW4A) is a multi-donor initiative that was established in 2007 by the then G8 and is dedicated to advancing financial sector development in Africa. MFW4A plays a unique role as a platform for joint action, dissemination of ideas and coordination amongst and between donors and African financial sector stakeholders to address African financial sector development priorities. The Partnership is based on the recognition that the financial sector is a key driver of private investment, employment generation and economic growth. The Partnership’s mission is to be the reference platform for advocacy, knowledge sharing and cooperation on financial sector development in Africa. The Secretariat was established in 2008 to support the activities of the Partnership, and is hosted at the AfDB headquarters in Abidjan, Côte d’Ivoire. The Secretariat is headed by a Partnership Coordinator and assisted by a team of professional and support staff ;
- The Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH (GIZ) and the African Development Bank (AfDB) jointly set up the Africa Long-Term Finance (LTF) Initiative in 2017. The LTF initiative pursues a two-pronged approach :
- The LTF Database and Scoreboard aims to enhance market knowledge and transparency by improving the availability of public data on LTF markets in Africa; and
- LTF In-Country Diagnostics that provide analysis of country-specific challenges with a view to developing reform programs designed to enhance the availability of long-term finance.
- The Financial Sector Advisor (FSA) is a key member of the Secretariat’s leadership team who reports to the Coordinator of the MFW4A Secretariat. The FSA will support the delivery of MFW4A’s 2021 workplan, with a particular focus on Long-Term Finance :
- Coordination of the Long-Term Finance Initiative ;
- Lead the Secretariat’s work on African Institutional Investors; and
- Any other duties as assigned by the Coordinator, MFW4A.
Specific Tasks related to these responsibilities include :
- Long-Term Finance Initiative :
- Supporting the launch of the Ghana and Ethiopia Long-Term Finance Country Diagnostics, supporting the project’s approach in regard to the engagement and communications thrusts of the diagnostics with relevant stakeholders and governments ;
- Designing, organising and facilitating avenues for the dissemination of the Country Diagnostics, including policy dialogues, feedback and feedforward sessions and webinars ;
- Supporting the AfDB Statistical Department in maintaining, further developing and updating the Africa Long-term Finance website, its related database and Scoreboard and providing relevant website content (incl. expert articles, related events) while ensuring coordination among involved AfDB departments ;
- Coordinating and supporting activities of the AfDB Statistical Department related to the dissemination of the Scoreboard´s findings among international and African stakeholders ;
- Coordinating the activities of the long-term finance initiative, ensuring that all stakeholders (AfDB, GIZ, FSD Africa) are kept informed of developments. Coordinating and managing Steering Calls, including preparation and circulation of minutes ;
- Supporting procurement processes for contracts issued by MFW4A in the context of the Long-term Finance Initiative monitoring proper execution of contracts (deliverables, time, invoicing, payments) ;
- Monitoring the LTF Initiative’s overall budget and expenditures and ensure all stakeholders are updated regularly, including in the LTF Initiative’s Steering Committee.
African Institutional Investors :
Supporting the IFC/MFW4A/AfDB Study on regulation and asset allocation of African institutional investors for the phase 2 of the project as per the timeline below:
Activity |
Deadline |
Finalization of market players interviews. |
December, 2020 |
Finalization of market profiles |
February, 2021 |
Drafting of the final report, peer review, redaction |
March, 2021 |
and finalization of the publication |
|
Dissemination strategy, including presentation of the |
March, 2021 |
findings to key stakeholders in a webinar |
|
- Contributing to the analysis and drafting of the final report, in collaboration with the team from IFC and AfDB ;
- Supporting the design of the final publication as required ;
- Participating in the design and delivery of activities to disseminate the report, including webinars, events, articles, presentations etc.;
- Contributing to the identification, preparation, and delivery of other activities under the initiative.
Any other duties :
These will include but not be limited to :
- Lead the conceptualization of work programmes potentially across different thematic areas (insurance, capital markets etc.) that will result in achieving clear outcomes of MFW4A’s strategic ambitions, including but not limited to: identification of priority [2] issues, potential partners and establishment of appropriate tools ;
- Provide analytical support to MFW4A members based on specific thematic programmes, including but not limited to: research, policy / country papers etc.;
- Lead and develop networks of relevant donors and stakeholders, to foster collaboration, share information, ideas and promote partnerships ;
- Support the Knowledge Management team in the production of knowledge outputs that are original in the field (knowledge briefs, articles, publications etc.) ;
- Contribute to the Partnership’s advocacy work and engage in activities to encourage financial sector stakeholders to participate in and support the Partnership’s financial sector development agenda; including through thought leadership, relationship building and participation in international meetings and conferences as required; and
- Support the Coordinator with strategy development and implementation, and any other duties as may be required by the Coordinator.
- The Making Finance Work for Africa Partnership invites Individual Consultants to submit their interest in providing the above-described services by submitting their CVs detailing their qualifications, experiences, and a list of references, and a cover letter. Applications should be transmitted in one file only (PDF preferred), with CV no longer than 3 pages and cover letter no longer than 1 page ;
- The eligibility criteria, the establishment of a short list and the selection procedure shall be in conformity with the Bank’s Procurement Policy and Procedure for Corporate Consultants Recruitment. Please, note that interest expressed by a Consultant does not imply any obligation on the part of the Bank to include him/her in the shortlist.
The qualification required for this assignment are the following :
- Master’s degree in a relevant discipline, preferably in economics, finance, public policy, business administration or related fields with a minimum of eight (8) years of relevant experience with a strong emphasis on financial sector development issues ;
- Good research and analytical skills and technical competence in finance / the financial sector ;
- Ability to think strategically and deliver an ambitious work programme while managing resources efficiently ;
- Ability to establish and manage relationships with a wide variety of financial sector stakeholders, including development partners, government officials the private sector and others ;
- Ability to work well independently and as part of a diverse team ;
- An understanding of financial sector development issues, particularly in the African context ;
- Excellent interpersonal and communication skills and demonstrated operational experience to work across institutional boundaries with multicultural teams in a productive way ;
- Demonstrated ability to multi-task and manage their time effectively to deal with multiple / conflicting demands and deadlines ;
- Ability to produce high quality work with little supervision ;
- Familiarity with standard software applications and able to communicate effectively in French and English.
- The duration of the mission is six (6) months (with the possibility of further renewal up to three (3) years based on satisfactory performance) and the commencement date is planned for 14 December 2020 ;
- Interested Individual Consultants may obtain further information at the address below during office hours: 00 to 17.00 local time ;
- Expressions of interest must be delivered to the address below no later than Thursday, 19 November 2020 at midnight local time (GMT) and mention “EOI MFW4A FINANCIAL SECTOR ADVISOR (LONG-TERM FINANCE)”.
For the attention of: Mr. Abdelkader Benbrahim African Development Bank
PIFD0 / MFW4A
Avenue Jean-Paul II, 01 B.P. 1387, Abidjan, Côte d’Ivoire Town: Abidjan
Country : Côte d’Ivoire
E-mail : [email protected] (cc: [email protected])
Establishment of the short list :
- A shortlist of three to six individual consultants will be established at the end the request of expressions of interest. The consultants on the shortlist will be judged on the following criteria on the basis of their updated resume and cover letter.
- General qualifications and adequacy for the assignment to be undertaken 25% ;
- similar experience in the area of expertise of the assignment and 55% understanding of TOR
c) |
experience with the Bank and/or multilateral donors |
10% |
d) |
language proficiency |
5% |
e) |
Knowledge of the region (experience working in several African countries) |
5% |