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x13 Open Positions at African Development Bank(AfDB)

x13 Open Positions at African Development Bank(AfDB)

About African Development Bank(AfDB)

Established to promote economic and social development efforts on the continent, the African Development Bank (AfDB) Group comprises three entities: the African Development Bank (AfDB) which is the parent institution, created following an agreement signed by 23 founding member states on August 14, 1963 in Khartoum, Sudan. This became effective on September 10, 1964. The group includes two concessionary windows – the African Development Fund (ADF), established on November 29, 1972 by the African Development Bank and 13 non-African countries; and the Nigeria Trust Fund (NTF), set up in 1976 by the Federal Government of Nigeria.

The inaugural meeting of the Board of Governors of the Bank was held from November 4 to 7, 1964 in Lagos, Nigeria, and the headquarters was opened in Abidjan, Côte d’Ivoire, in March 1965. The Bank’s operations commenced on July 1, 1966. From February 2003, the Bank operated from its Temporary Relocation Agency (TRA) in Tunis, Tunisia, due to the prevailing political conflict in Côte d’Ivoire at the time until late 2013 when it commenced the return to its headquarters in Abidjan. In June 2015, over 1,500 staff had returned to headquarters out of the more than 1,900 total staff complement in the Bank.

Membership  

Membership of the AfDB Group at the end of May 2015, comprised 54 African countries and 26 non-African countries. To become an AfDB member, non-regional countries must first be ADF members.

Resources

From an initial authorized capital of US $250 million, AfDB resources increased over a 19-year period up to 1982 to US $2.9 billion and jumped to US $6.3 billion in 1983 as a result of the admission of non-regional countries on December 30, 1982. It further increased to US $22.3 billion barely five years later following a 200% Fourth General Capital Increase achieved in Cairo, Egypt, in June 1987. The Fifth General Capital Increase concluded in 1998 recorded a 35% capital increase and attributed 60% shareholding to regional countries and 40% to non-regional countries. This was tripled to US $100 billion on May 27, 2010 in Abidjan, Cote d’Ivoire.

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For the ADF, from the initial contributions of US $101 million in 1974 by its first 13 member state-participants, the Fund has had eleven general replenishments on a 3-yearly basis. The current ADF XI replenishment of UA 5.76 billion or US $8.9 billion for the 2008-2010 period, saw a record 52% increase on previous ADF-X figure. The 11thand 13th replenishments garnered $14 billion and US $14.6 billion, respectively.

The Nigeria Trust Fund started operations with US $80 million in 1976. It was replenished in 1981 and extended for another 10 years in 2008. At end 2012, its resources stood at US $253 million.

The AfDB has also been instrumental in the establishment and promotion of other African development institutions such as Africa Re-insurance Corporation, Shelter Afrique, Association of African Development Finance Institutions (AADFI), Federation of African Consultants (FECA), the Africa Project Development Facility (APDF), the International Finance Company for Investments in Africa (SIFIDA), African Management Services Company (AMSCO), African Business Round Table (ABR), African Export-Import Bank (AFREXIMBANK), African Capacity Building Foundation, Joint Africa Institute, PTA Bank, the Network for Environment and Sustainable Development in Africa (NESDA).

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The Bank is the lead agency for NEPAD infrastructure development, a respected guide in the development of banking and financial standards as well as the strategic partner of the African Peer Review Mechanism (APRM).


The overarching objective of the African Development Bank (AfDB) Group is to spur sustainable economic development and social progress in its regional member countries (RMCs), thus contributing to poverty reduction.

The Bank Group achieves this objective by:

  • mobilizing and allocating resources for investment in RMCs; and
  • providing policy advice and technical assistance to support development efforts.

In 2015, all multilateral development institutions have agreed on a same set of objectives, called the Sustainable Development Goals. They are:

Sustainable Development Goals

Goal 1. End poverty in all its forms everywhere

Goal 2. End hunger, achieve food security and improved nutrition and promote sustainable agriculture

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Goal 3. Ensure healthy lives and promote well-being for all at all ages

Goal 4. Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all

Goal 5. Achieve gender equality and empower all women and girls

Goal 6. Ensure availability and sustainable management of water and sanitation for all

Goal 7. Ensure access to affordable, reliable, sustainable and modern energy for all

Goal 8. Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

Goal 9. Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation

Goal 10. Reduce inequality within and among countries

Goal 11. Make cities and human settlements inclusive, safe, resilient and sustainable

Goal 12. Ensure sustainable consumption and production patterns

Goal 13. Take urgent action to combat climate change and its impacts

Goal 14. Conserve and sustainably use the oceans, seas and marine resources for sustainable development

Goal 15. Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss

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Goal 16. Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels

Goal 17. Strengthen the means of implementation and revitalize the global partnership for sustainable development

x13 Open Positions at African Development Bank(AfDB)

Position TitleGradeLocationPublication DateClosing Date
Director, African Development Institute (ECAD)EL5Abidjan, Côte d’Ivoire07-Jul-202306-Aug-2023
Senior Research EconomistPL5Abidjan, Côte d’Ivoire30-Jun-202330-Jul-2023
Senior Governance OfficersPL5Abidjan, Côte d’Ivoire23-Jun-202322-Jul-2023
Principal Knowledge Management OfficerPL4Abidjan, Côte d’Ivoire22-Jun-202321-Jul-2023
Principal Country EconomistsPL4Ghana and Angola21-Jun-202320-Jul-2023
Principal Quality, Results and Monitoring OfficerPL4RDGC (Cameroon – Yaounde)21-Jun-202320-Jul-2023
Capacity Development Officer, ECAD1PL6Abidjan, Côte d’Ivoire21-Jun-202320-Jul-2023
Country Economists/Senior Country EconomistsPL6 / PL5Several locations19-Jun-202318-Jul-2023
Short Term Staff – HR Operations Assistant (Employee Helpdesk)GS5 – GS6 – GS7Abidjan, Côte d’Ivoire19-Jun-202318-Jul-2023
Chief Equity Management OfficerPL3Abidjan, Côte d’Ivoire13-Jun-202312-Jul-2023
Principal Transport EngineerLP4Tanzania Country Office13-Jun-202312-Jul-2023
Principal Outreach and Selection OfficerPL4Abidjan, Côte d’Ivoire12-Jun-202311-Jul-2023
Senior Network EngineerPL5Abidjan, Côte d’Ivoire09-Jun-202308-Jul-2023

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