Consultant, Peer - Regional Economic Outlook Reports - ECCE (EOI) at the African Development Bank Group (AfDB)

African Development Bank Group (AfDB) - 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.

We are recruiting to fill the position below:

Job Title: Expressions of Interest - Consultant, Peer - Review of the Regional Economic Outlook Reports 2023 - ECCE

Location: Remote
Consultant type: Individual Consultant
Department issuing the request: ECCE
Duration of the assignment: One (1) month
Tentative Date of commencement: April 1st, 2023

Background

• The Country Economics Department (ECCE) of the African Development Bank has produced five (05) Regional Economic Outlooks (REO) reports (for the following regions: Central African, East African North African, Southern African, and West African), which assess the economic performance and outlook of the African regional economies, the theme of mobilizing private sector financing for climate and green growth, together with pertinent policy recommendations. The analysis is based on the African Development Bank (AfDB)’s data as well as on the country notes prepared by the ECCE department as part of the 2023 African Economic Outlook report.

The REOs prepared have three chapters:

• Chapter 1: Reviews the macroeconomic performance and prospects.
• Chapter 2: Investigates challenges in attracting and mobilizing both domestic and international private sector financing, as a complement to natural capital and public funding, for climate and green growth. The chapter also discusses the existing sources and innovative instruments of private sector financing for climate and green growth as well as the role of Development Financing Institutions (DFIs) and Multilateral Development Banks (MDBs);
• Chapter 3: Explores the role of natural capital in closing the climate finance gap and transitioning to green and inclusive growth in countries. The chapter identifies the challenges and opportunities in harnessing natural resources as an asset class for wealth creation, and options for financing nature-based solutions.

Brief Description of the Assignment

• The Consultant will review a maximum of five (5) reports (for Central African, East African, North African, Southern African, and West African regions) and provide detailed comments for improvement.

Objectives of the Assignment and Main Activities

• The Consultant will work closely with Mr. Pinto Moreira, Director of Country Economics Department, African Development Bank and the Lead Economists to review a maximum of five (5) REOs reports and provide detailed comments for improvement.

More specifically, the consultant will ensure that:

• The REOs are technically sound, coherent, and reliable.
• The structures of the REOs are consistent across regions.
• The REOs are free of plagiarism and unnecessary repetitions.
• The REOs are reader-friendly and written in a view to send clear messages to policymakers and other readers of the REOs.
• Chapters covers the topics in no more than 10,000 words (English version). Each REO will be around 30,000 words.

Duration and Time Schedule
The work is expected to begin on April 1st, 2023 and completed by April 30th, 2023.

Consultant’s Required Profile, Qualifications, and Experience

• At least a Master’s Degree or its equivalent in Economics, Natural Resource Management with expertise in Climate Finance, including private sector financing, or a related field; PhD is an advantage.
• Minimum of 10 years of relevant quantitative and qualitative research experience and report writing on policy-making in Economics and Finance.
• Excellent report-writing skills
• Ability to think critically and to analyze complex issues;
• Good knowledge of Africa’s development challenges and private sector financing;
• Ability to undertake rigorous statistical analysis;
• Proven capacity to work independently, and to deliver outputs in a timely manner;
• Competence in the use of Bank’s standard software (Word, Excel, Access, PowerPoint, and web tools);
• English is required; knowledge of French is an advantage. 

Remuneration
The consultant will be paid a lump-sum per report. Remuneration will be calculated in the basis of a lump sum in line with the Bank’s guide of remuneration depending on the Consultant’s experience. Payment will be made when work is completed, and billing is submitted.

Application Closing Date
24th February, 2023.