Principal Energy Specialist / Renewable Energy
- Job Type Full Time
- Qualification MBA/MSc/MA
- Experience 6 years
- Location Not specified
- Job Field Engineering / Technical 
Position Number: 50093761
Position Grade: PL4
The Complex
The Vice Presidency for ‘Power, Energy, Climate and Green Growth’ is a Sector Complex focusing on the Bank’s Ten Years Strategy, High 5s priority of “Light up and Power Africa”. The complex’s objectives are
- to develop policy and strategy; (ii) to provide deep sector technical expertise to the Regions by gathering pool of experienced individuals who can be consulted for their expertise on complicated transactions; (iii) to develop new financing instruments; (iv) to act as spokesperson to represent the Bank with external stakeholders on all aspects of “Light Up and Power Africa”.
- The Complex will focus on areas of Power systems, policy and regulation, renewable energy, and Climate and Green Growth.
The Department / Division
- The Renewable Energy and Energy Efficiency Department has the broad objective of promoting the development of renewable energy – both large and small scale – and promoting energy efficiency along with clean cooking. More specifically, the department is mandated to (i) function as a one-stop source / hub for renewables programmes/projects, energy efficiency and clean cooking (ii) focus on “enabling market development” with an emphasis on developing new approaches / areas (e.g., mini-grid programmes, thematic or country focused funds) and play a lead role in establishing region- or country-specific programmes (iii) mobilize concessional resources as part of the structuring of blended finance solutions for projects and, programmes.
- The Department also hosts the Desert to Power (DtP) Taskforce. The DtP initiative aims to accelerate economic development in the Sahel region through the deployment of solar technologies at scale.
- Specifically, DtP proposes to deliver electricity to 160 million people on-grid and 90 million off-grid and to add solar energy generation capacity of up to 10 GW through a combination of public and private interventions.
- The initiative covers 11 countries (Burkina Faso, Chad, Djibouti, Eritrea, Ethiopia, Mali, Mauritania, Niger, Nigeria, Senegal, and Sudan). The initial rollout will focus on the G5 Sahel countries (Burkina Faso, Chad, Mali, Mauritania, and Niger). It aims to develop and implement electrification program based on solar power generation including grid based, mini-grid and off-grid access scale up for households, social and economic infrastructure including energy for productive uses.
The Position
- The Principal Renewable Energy Specialist will play a lead role across a range of activities linked to the development, financing, and deployment of renewable energy projects, including a coordinating role in the context of the Desert to Power Taskforce.
- The job holder will focus on:
- The identification, preparation and implementation of bankable renewable energy generation projects, including both grid-connected and decentralized technologies
- Support the design and implementation of both public and private sector initiatives, including investment facilities;
- Support Regional Member Countries (RMCs) in particular in the Sahel with designing investment scale-up programs to attract private sector players, along with the mobilization of concessional resources and implementation of innovative blended finance solutions; and
- More broadly coordinate the various activities undertaken in the context of the Desert to Power initiative.
Key Functions
Under the overall supervision and guidance of the Division Manager – Renewable Energy, the Principal Renewable Energy Specialist will perform the following:
- Coordinate the various activities of the Desert to Power Taskforce, ensure regular engagement and communication with internal and external partners including the country focal points, project implementation units and prepare regular updates on the implementation of the initiative.
- Prepare, appraise, negotiate, and supervise Desert to Power projects. These include solar generation plants, transmission and distribution, regional transmission interconnections, public-private partnership projects, and electricity access projects. S/he will actively participate in overseeing implementation of energy operations with the aim to enhance quality and accelerate implementation.
- Assist regional member countries in structuring renewable energy and energy access scale-up programs, including Independent Power Producer (IPP), green mini-grids and solar home systems scale-up programs, engaging with relevant stakeholders on aspects of enabling policy and regulatory environment.
- Lead project origination and business development activities, with a view to developing a pipeline of sustainable energy investments to which AfDB’s full range of financial instruments, including concessional finance could be applied.
- Contribute to the preparation of knowledge and analytical work for to inform country-focused strategy work as well as new operations in renewable energy.
- Undertake any other task that the Division Manager or Director may assign.
Competencies (Skills, Experience, and Knowledge)
- At least a Master’s Degree in Economics, Finance, Business Administration, Engineering, Energy or related subjects.
- Have a minimum of six (6) years professional experience at project level, broad knowledge of various energy sub-sectors, including renewable energy technologies and business models.
- Proven ability to interact competently with, as well as to assess and provide technical advisory services to, both public and private sector stakeholders in the renewable energy space.
- Experience in Multilateral or Development Bank / Development Financial Institutions operations, preferably in an African context is an added advantage
- Good understanding of public and private sector financing, experience in resource mobilization and structuring of blended finance solutions.
- Experience in forging and managing relationships with a variety of stakeholders – local organizations, governments, and financing institutions.
- Demonstrated track record in the management of energy projects
- Demonstrated professional experience in African context
- Full knowledge of the principles of project cycle and project implementation.
- Strong interpersonal and client orientation skills, with proven experience in building and managing teams.
- Ability to communicate orally and in writing effectively in French or English, with a good working knowledge of the other language.
go to method of application »
Method of Application
Position Number: 50097570
Position Grade: PL5
The Complex
- The President, plans, supervises, and manages the business of the Bank Group. Under the direction of the Boards of Directors, the President conducts the business of the Bank and the African Development Fund and manages operations and activities in accordance with the Agreements establishing the African Development Bank and the African Development Fund. The President supervises several Departments and Units including Office of the President; Independent Development Evaluation Department; Integrity and Anti-Corruption Department; Compliance Review and Mediation Unit; Secretariat to the Sanctions Appeals Board; Administrative Tribunal; Office of the Auditor General; Group Risk Management Directorate; General Counsel and Legal Services Department; Communication and External Relations Department; Staff Integrity and Ethics Office and Office of the Secretary-General & General Secretariat.
The Hiring Department / Division
- The Africa Investment Forum Unit in The Office of the President assists the President in planning, supervising and managing the business of the Africa Investment Forum activities. Africa Investment Forum is a multi-stakeholder, multi-disciplinary platform dedicated to advancing private and public-private-partnership projects to bankable stages, raising capital, and accelerating the financial closure of deals and tracking those investments.
- The Africa Investment Forum is Africa’s investment marketplace, through which the African Development Bank, along with its partners, is structuring deals, screening, credit enhancing projects, attracting investors, and facilitating transactions to close Africa’s investment gaps.
- The Africa Investment Forum’s objectives are to reduce intermediation costs, improve the quality of project information and documentation, and increase active and productive engagements between African governments and the private sector as well as increase regional integration. The Africa Investment Forum offers investors access to a structured platform offering bankable, de-risked projects within an enabling environment.
- The Africa Investment Forum facilitates awareness-raising about the investment opportunities in Africa for international investors, social impact investors, institutional investors (pension funds, sovereign wealth funds, and others) both local and global. It provides an opportunity for the Africa Investment Forum partners to determine the investment needs of these various categories of investors facilitate tailored investible structures and showcase Africa’s investment successes and enabling policies that would be attractive to these various classes of investors who are looking to deploy funds in Africa.
- The AIF as a marketplace brings together the African Development Bank, global multilateral financial institutions and regional financial institutions to de-risk investments at scale, to focus their investment products on agreed key transformative transactions to scale up and accelerate Africa’s investment opportunities.
- The Africa Investment Forum will continuously track the implementation of commitments made at the annual event to ensure transactions reach financial close and policies and bottlenecks to facilitate Africa Investment Forum projects are cleared and implemented.
The PoSITION
- The Senior Portfolio and Data Analytics Officer will primarily be responsible for maintaining a credible portfolio of AIF Pipeline, Origination and Boardroom deals through robust monitoring and reporting. The incumbent will also backstop AIF Officers in managing the deal tracker, generating analytical portfolio and deal reports, and performing periodic reviews of the AIF portfolio.
Key Functions
Under the general guidance and supervision of the Senior Director, the Senior Portfolio and Data Analytics Officer will perform the following duties:
- Actively manage the AIF Master Deal Tracker database, ensure quality assurance and data integrity.
- Prepare and provide baseline portfolio reports, timely portfolio dashboards, monthly portfolio reports and ad-hoc reports for AIF management and AIF stakeholders as necessary.
- Conduct periodic portfolio reviews, providing quantitative and qualitative analysis of the AIF portfolio.
- Generate data to support the drafting of project briefs, periodic board reports and annual reports.
- Support the development and upgrading of AIF portfolio management methodologies, management tools and systems.
- Backstop AIF transactions team in the origination process: conduct routine KYC due diligence on deal sponsors; support the curation of Boardroom Packs and project documentation for AIF Deal Reviews, Boardrooms, Curated B2B Sessions, and data for the AIF Deal Gallery.
- Leverage technology to ensure optimization of the Deal Tracker database to generate analytical reports on demand.
- Manage the AIF Portfolio Collaboration Space and the interaction of portfolio data among AIF’s digital tools including inter alia the AIF Website, Digital Platform, Investor Blast, and the Management Information System (MIS) Tool.
- Work in collaboration with AIF partners, project sponsors, and Bank Sector and Regional complexes to support the advancement of deals from origination to financial close.
- Help build a robust database of the various categories of investors and their investment
policy/plans in Africa’s private sector, their investment flows in Africa to date, and subsequently use that information to proactively match them to investable solutions/pipeline of investments and or project structures. - Carry out any other task entrusted by the management of the unit.
Competencies (Skills, Experience, and Knowledge)
- Minimum of a Master’s Degree in Finance, Financial Engineering, Risk Management, Mathematics, Statistics, Data Analytics, Economics, Development Finance, Business Administration, or related discipline.
- Have a minimum of five (5) years professional experience in portfolio management, banking, data analytics, or related field.
- Excellent organizational, analytical, and problem-solving skills. High-level proficiency in data management, demonstrated quantitative analysis and analytical skills.
- Relevant work experience in multilateral development institution in Africa and/or specialized experience in similar organization/s would be considered an advantage.
- Experience in the private sector will be an added advantage, especially demonstrable knowledge of key economic developments and market trends in Africa.
- Ability to make clear and concise presentation when required.
- Ability to produce innovative, creative, and structured approaches to deal tracker activities to enhance performance and value-add to the AIF and its stakeholders.
- Excellent problem-solving skills, application of business knowledge to the resolution of problems and identifies solutions to the benefit of the client (internal and external) and the organization.
- Excellent organizational, administrative, and time management skills.
- Proven ability to work with limited supervision, deliver under pressure and meet tight deadlines.
- Be able to communicate effectively (written and oral) in English or French preferably with a good working knowledge of the other language; proficiency in the two working languages of the Bank (English and French) would be an added advantage.
- Proficient in the use of common MS Office applications (Word, Excel, PowerPoint), statistics tools, preferably in combination with knowledge and experience of SAP operations.
Leave a Comment