Legal Consultants - PGCL (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: Legal Consultant - PGCL

Location: Abidjan, Côte d'Ivoire
Consultant type: Individual Consultant
Job family: Information Technology
Job family: Legal

Description

• The African Development Bank (the “Bank”) hereby invites Individual Consultants to submit their proposal in respect of the following consultancy assignment : “ Legal Consultant Public Sector Operations, Policy and Governance Division (PGCL.1)” N.B : to participate in this request for proposals you need to be a national of one of the AfDB member countries: (https://www.afdb.org/en/about-us/corporate-information/members/).
• The General Counsel and Legal Services Department (PGCL) provides legal services to the statutory organs of the Bank and the African Development Fund (ADF) and advises on the administration, operations and financial activities of the Bank. PGCL also ensures that the Bank’s activities and operations are consistent with the constitutive documents and other legal instruments of the Bank, its policies, the relevant norms and principles of international and commercial law, and the best practices of international development. The principal objective of the Public Sector Operations, Policy and Governance Division (PGCL.1) is to provide legal advice in connection with public sector projects and programs financed by the Bank , the Fund and other trust funds and special funds of the Bank.
• PGCL.1 is seeking to recruit one (1) legal consultant who will work under the direct supervision of the Division Manager, Public Sector Operations, Policy and Governance Division (PGCL.1) and/or the PGCL. 1 legal officer(s) designated by the latter.

The Legal Consultant will carry out the following activities:

• Liaise with staff in the operations and finance complexes to develop the appropriate terms and conditions of transactions;
• Conduct legal due diligence on proposed transactions;
  • Ensure compliance with applicable rules, regulations and policies;
  • Draft and negotiate financing agreements, guarantee agreements, grant agreements for Trust fund operations;
  • Review appraisal reports to be presented to the Board(s) of Directors, draft the conditions, verify the financial terms and other salient terms and prepare resolutions and other legal documents required for the meetings of the Board(s) of Directors;
  • Provide legal support for the implementation and monitoring of projects, particularly in connection with the fulfilment of conditions, and the use of the proceeds of the financing;
  • Assist with request for consents, cancellations, waivers or amendments (including ensuring that the internal procedures for approval of waivers and amendments are met);
  • Provide legal opinions on fulfillment of conditions precedent; and
  • Undertake any other assignments as required in the furtherance of the Department’s mandate.

Requirements
The Legal Consultant should meet the following qualifications and requirements:

• At least a Master’s Degree in Law or a First university Degree plus a relevant combination of academic qualification in Law (e.g. Juris Doctor (JD) and (ii) admission to the Bar of (or diploma to practice law in) one of the African Development Bank’s Member Countries;
• At least five (5) years of relevant professional experience, preferably with an established law firm or an international financial institution, with proven writing and analytical skills and experience in major international financial transactions;
• Proven competence in Project Finance, International Finance, Corporate, Development finance and Public International Law;
• Demonstrated communication, team building, inter-personal relations, writing and analytical skills;
• Ability to communicate and write effectively in English or French, with a good working knowledge of the other language;
• Competence in the use of standard software such as MSWord, Power Point, Excel; and
• Demonstrated effective coordination skills and an ability to work under pressure in a multicultural environment to complete multiple tasks and meet deadlines.

Criteria
The proposals submitted shall be evaluated on the basis of the following criteria:

• General qualifications and suitability of such qualifications for the assignment described above (25%);
• Relevant experience in a law firm and/or in an MDB or IFI as a transactional lawyer and, in particular, proven experience in drafting lending documentation, guarantees and counter-indemnity agreements in relation to sovereign lending (50%);
• Excellent drafting skills in English or French language with a good working knowledge of the other language (20%); and
• Familiarity with basic office computer software (5%).
• Only proposals scoring seventy percent (70%) or above shall be considered for this assignment.

Application Closing Date
21st April, 2023.