THE BANK
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 81 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. To sharply focus the objectives of the Ten-Year Strategy (2024 – 2033) and ensure greater developmental impact, five major areas (High 5s), all of which will accelerate our delivery for Africa, have been identified, namely : energy, agro-business, industrialization, integration and improving the quality of life for the people of Africa.
THE COMPLEX
The core mandate of the Vice Presidency (ECVP) is to lead the Bank Group on prioritizing the generation, analysis, dissemination, brokering and implementation of relevant knowledge solutions in all High-5 operational priorities and the cross-cutting themes of its Ten-Year Strategy. Such solutions must be a clear response to priority development challenges facing regional member countries (RMCs), individually or collectively and need to involve RMCs in both the planning and implementation of the solutions. The solutions include : (i) research on major development issues facing Africa and their relation to global economic governance and other major global public goods; (ii) country diagnostics and future perspectives; (iii) policy dialogue and advisory services; (iv) economic, sector, and thematic knowledge work; (v) improving national and sub-regional statistical systems; (vi) preparation, design and support to implementation of public financial management and Governance operations; (vii) capacity development for policy formulation and implementation; (viii) technical assistance and advice related to RMCs’ management of natural resources; and (vii) knowledge dissemination and development of national, regional, and inter regional knowledge networks.
THE HIRING DEPARTMENT / DIVISIONS :
The mandate of the Country Economics Department is to position the Bank at the center of socio-economic knowledge-led Country and Regional strategies, policy dialogues and operations through (i) Strategy Documents : leading and contributions to the production of Country and Regional Strategy documents, including the Country Strategy Papers, Regional Integration Strategy Papers, Country Diagnostic Notes, and Regional Diagnostic Notes to inform country lending programs, (ii) Regional and Country Economic Reports : produce the Regional Economic Outlooks Reports, the Country Focus Reports, and the African Economic Outlook Country Notes to update on the economic, political and social developments in the country, (iii) Policy Dialogue : The department plays a key role in Country / Regional policy dialogues and in the Bank’s collaboration with other Development partners, including participation in Country Thematic Groups in line with the Paris Declaration on Aid effectiveness and Accra Plan of Action (iv) Economic and Sector Work : the Country Economics Department leads in the research and analysis of economic and sector issues at the country level to inform the design of Bank’s strategy and programs in the country. The Country Economics Department is composed of two (2) divisions, each overseen by a Division Manager : The Country Economics Department Division 1 (, which covers Central, North, and West Africa, and the Country Economics Division 2 (, which covers Nigeria, Eastern and Southern Africa. The two (2) Division Managers report to the Director of the Country Economics Department.
THE POSITION
Under the supervision of the Division Manager in the Country Economics Department and the Lead Economist (on technical matters) for West Africa (for the position in Abidjan) and Central Africa (for the position in Yaoundé) and reporting administratively to Country Managers in charge of their countries of assignment, the Country Economist works in close collaboration with other internal and external stakeholders. Under the guidance of the Director of the Country Economics Department, the Country Economist will focus on macroeconomic and economic development work to deepen country knowledge, strengthen the Bank’s policy dialogues with country, regional, continental and global policymakers, prepare Economic Sector Works and coordinate the preparation of Country Strategy Papers and other relevant documents ( mid-term review, completion report). Under the Bank’s matrix system, the Country Economist, who is a member of the Country Economics Department, will have a solid reporting line to the Division Manager of the Country Economics Department and a dotted reporting line to the Country Manager where he / she is based.
KEY FUNCTIONS :
The Country Economist will :
COMPETENCIES (skills, experience, and knowledge) :
1. Hold at least a master’s degree in Economics and other relevant fields and related disciplines.
3. Strong planning and organizational skills, including a proven ability to think strategically, seeing the big picture without sacrificing the details, negotiation skills and team building skills, as well as a credible ability to influence and present ideas.
4. Capacity to connect, understand, and influence stakeholders at all levels.
5. Ability to handle the high-level demands of a complex organization, including the ability to work under pressure and meet tight deadlines.
6. Good grasp of the developing countries issues, including publication of peer-reviewed journal papers
7. Solid technical and quantitative skills as an applied development macroeconomist.
8. Proven experience and record in economic modelling and forecasting
9. Competence in the use of at least one standard econometric software for empirical analysis
10. Very good knowledge of portfolio management and demonstrated knowledge of economics and analytical skills
11. Strong experience in policy dialogue on the ground, as well as fragility assessment knowledge and skills.
12. Strong analytical and organizational skills and ability to deliver results on time.
13. Problem solving capabilities coupled to innovation skills and change management.
14. Excellent verbal and written communication skills in French or English, with a good working knowledge of the other language.
15. Competence in the use of standard Microsoft Office Suite applications.
THIS POSITION IS CLASSIFIED INTERNATIONAL STATUS AND ATTRACTS INTERNATIONAL TERMS AND CONDITIONS OF EMPLOYMENT.
Chief • Abidjan, Côte d’Ivoire and Yaoundé, Cameroon