EOI - Partnerships and Resource Mobilisation Expert - PIFD 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: Expression of Interest for Partnerships and Resource Mobilisation Expert - PIFD

Location: Remote
Consultant type: Individual Consultant
Job family: Finance
Place of assignment: Work from home
Department issuing the request: Financial Sector Development Department (PIFD.0)
Duration of the assignment: 6 months (with the possibility of renewal for a further 6 months)
Tentative Date of commencement: 15th May, 2023

Brief Description of the Assignment

• We have the pleasure to inform you that the African Development Bank Group (‘AfDB’ or the ‘Bank’) will require the Services of a Partnerships and Resource Mobilisation Specialist hereafter the ‘Consultant’ to support the development and implementation of partnerships and resource mobilization for various trust funds and initiatives hosted by the Financial Sector Development Department. 

Background 

• The African Development Bank (AfDB) is the premier multi-lateral development finance institution fostering economic growth and social progress in Africa. 
• The AfDB’s primary goal is to reduce poverty and improve living standards by deploying its resources in Africa and providing financial and technical assistance for development projects and programs in Africa.
• The primary role of the Financial Sector Development Department (PIFD) is to help the Regional Member Countries (RMCs) increase the reach, depth, and breadth of their financial systems while safeguarding financial stability. 
• The Department has four long-term objectives: 
  • Development of a vibrant financial sector through inclusive access by households and enterprises to financial services; 
  • Strengthening markets participants; 
  • Developing efficient capital markets, and 
  • Deepening regional financial integration.
• Paired with other Industrialization, infrastructure and Private Sector complex departments, the Financial Sector Development Department (PIFD) is responsible for implementing the Bank Group’s Financial Sector Development Policy and Strategy 2014–2019 (FSDPS) towards vibrant, innovative, robust and competitive financial systems, both national and regional, and in both the public and private sector levels of RMCs.
• FSD plays a transversal role across the Bank’s five strategic priorities, applying its financial deepening and access tool kit to the High Five (H5) agenda. Fundamentally, the scalability and policy momentum inherent in the H5 agenda create an important opportunity for expanded relevance of the FSD core skill set: flexible financing instruments and delivery frameworks for financial inclusion, smart resource mobilization and capital markets development. PIFD leverages partnerships to bring about greater developmental impact in financial sector development.
• In this regard PIFD manages and hosts a number of donors funded trust funds and programs including, the Africa Digital Financial Inclusion Facility, the Capital Markets Development Trust Fund,and the Making Finance Work for Africa Partnership (MFW4A).
•  In the context of the new 2022-2026 Financial Sector Development, PIFD intends to launch a number of 
• 5 new trust funds including the Africa Financial Sector Corporate Governance Initiative and raise additional funding for current initiatives. 
• PIFD is therefore seeking to recruit a consultant to develop a coherent and strategic approach to guide its resource mobilization effort and support the development of long-term strategic partnerships with existing and potential donors

Scope of Services

• The consultant will develop and implement a coherent resource mobilization strategy and action plan for PIFD, with the objective of securing funding for current and future initiatives of the department.
• The consultant will also support Task Managers with fundraising for specific initiatives.

Accountability & Reporting:

• The consultant will report to the Director of, the Financial Sector Development Department.

Duties of the Consultant

• Conduct a mapping of the donor landscape for financial sector development in Africa, with a view to identifying opportunities to develop and strengthen partnerships with existing and new partners.
• Develop and maintain a database of FSD donors, their priority geographies and thematics and pro-actively develop relationships with them in support of PIFD’sactivities.
• Develop and coordinate the implementation of a fundraising action plan for the department, in collaboration with the various Task Managers, to ensure continued funding and resources for the department's technical assistance activities and initiatives.
• Support and assist Task Managers with fundraising for the various trust funds and initiatives, including identification of potential donors, preparation of materials for roadshows etc.
• Engage with relevant bank departments and another trust fund to share their knowledge and experience and identify best practices in streamlining the fundraising process.
• Support the design and delivery of donor/ partner roundtables and other events as required.
• Prepare research notes and briefs on donor / partner activities as required, and
• Any other duties as may be assigned by Management

Required Qualifications and Experience 

• Advanced Degree at Master’s level in Economics, Public Policy, Finance, Project Management, Business Administration, Law, or any other relevant discipline
• At least seven (7)years of relevant experience including in developing donor-funded programs (multilateral, bilateral, foundations etc.), resource mobilization and developing and managing relationships / partnerships with donors
• Knowledge and experience of establishing initiatives fundraising with various donors, including knowledge of donor project cycles, priorities, and strategies
• Knowledge and experience in international development and public policy, particularly with donor-funded programs in financial sector development would be a distinct advantage
• Excellent communication skills in English and/or French (spoken and written)is essential including the ability to draft at a professional level in this language.
• Ability to work effectively in both languages preferred.
• Ability to work effectively as a member of a team, and independently with limited supervision
• Command of standard computer software applications; proficiency in the use of Microsoft Office applications (Word, Excel, and strong PowerPoint skills) 

Application Closing Date
24th April, 2023.