IFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2020, we invested $22 billion in private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity. For more information, visit www.ifc.org.
THE ROLE OF THE WBG IN FINANCE, COMPETITIVENESS & INNOVATION
Creating Markets Advisory for Africa (CMA) is a Global Practice of the International Finance Corporation that combines expertise in the financial sector with expertise in private sector development to foster private sector led growth and help create markets in client countries. Through this work, IFC strengthens the WBG’s evolving advisory approach to development finance: to maximize finance for development and to leverage private sector investments for sustainable and inclusive growth.
With the largest economy and population in the East Africa Community (EAC), Tanzania has attained a lower middle-income country status but struggling to improve economic productivity that would create enough jobs for its fast-growing youth population. Transformation to a more modern industrialized economy that would accelerate job growth and higher incomes requires the strengthening of investment climate and conducive government policies for increasing private investment and entrepreneurship. Support to financially inclusive, gender-empowered private sector growth agenda is enshrined in the Systematic Country Diagnosis (SCD) and Country Partnership Framework (CPF), and at the heart of IFC dialogue with the authorities. The timing of this assignment is critical to support the client’s commitment to structural reforms necessary to unlock economic growth, by strengthening the Bank’s engagement and expert resources around financial and private sector development and competitiveness issues.
The Investment Climate Advisory Services (ICAS) technical assistance program in Tanzania, implemented by IFC, aims to support the Government of Tanzania (GoT) to promote sustainable and inclusive economic growth through better economic foundations, increased trade and investment and business growth support. The five-year program, which is formally titled, the Tanzanian Business Enabling Environment Support (BEES) Program (the “Program”) has a budget of $6.7 million USD which has been secured through a trust fund supported by the Government of Canada, Department of Foreign Affairs, Trade & Development (DFATD).
JOB DUTIES AND RESPONSIBILITIES:
The candidate will be expected lead BEEs program management and specifically:
- Lead the implementation of ICAS II program in agribusiness, light manufacturing and tourism components in collaboration with global experts and IFC/FCI country team. The role will involve managing experts and consultants that support implementation of various components of the extensive program.
- Knowledge Management, and Teamwork: promote synergies across product teams, managing consultants, providing support through trouble shooting, anticipating problems and solving them.
- Manage overall relations with government through relevant Ministries, departments and agencies responsible for private sector development. The responsibilities will involve regular updates to Ministers, PSs, Directors and Heads of key agencies on the progress of program implementation
- Lead in preparation of briefing material on program implementation, sector and project issues and follows up on portfolio issues. Produce technical notes, briefings, presentations, etc.
- Coordinate and Participate as a member of IFC missions (preparation, appraisal, supervision), conduct independent discussions with client representatives on selected problems and issues identified by task managers, and participate in managing client relations
- Contribute to the policy dialogue on issues relating to investment, trade, private sector and real sector development, while actively participating and contributing to multi-sectoral teams involved in policy-based discussions
- Business Development: cultivate strategic relationships with country clients and the CMU
- Contribute to or lead specific operational activities at all stages of the project cycle including quarterly/semi-annual reports, participation in the design and development of specific project components, and supporting monitoring and evaluation
- Work closely with the IFC leadership/ Creating Markets Africa /FCI country team/ Program Leaders/Country Economists and Country Management Unit (CMU) to ensure the integration of relevant private sector issues in country strategies, SCDs/CPFs and work programs and country policy dialogue and engagement.
- Under the guidance of the lead specialist, perform quality research and analytical tasks on a wide range of operational, country and sector issues, providing expert interpretation of information/data, identifying key pertinent issues and recommending targeted actions/solutions
This job requires a Private Sector Development (PSD) professional with good technical and operational skills, good understanding of the Tanzanian policy environment and excellent project management skills. She/He will have demonstrated an ability to work in teams effectively and deliver results on the ground. The following qualifications will be considered:
- Masters level or equivalent qualification with minimum 8 years of relevant professional experience in the areas of finance, business, management, economics or related discipline.
- The ideal candidate should have solid knowledge and experience in the one or more topic areas: trade policy and facilitation, business environment and investment climate, investment policy and promotion, regulatory governance, competitive industries and sectors, SME innovation, entrepreneurship, competition policy and issues. Working experience in Tanzania, and the broader Africa region as well as Tanzanian citizenship would be a n added advantage.
- Experience working in private sector or on private sector related policy development
- Proven capacity to engage in and influence policy discussions at the country level on trade, investment and competitiveness issues.
- Possess strong internal and external client engagement skills and ability to collaborate and work across boundaries.
- Outstanding judgment on operational, country, and practice issues. Strong results focus, with a track record of leading teams to deliver high impact projects and activities. Knowledge and practical experience of Africa region/East African countries would be an advantage.
- Should be a mature professional with a demonstrated ability to mentor and incentivize teams, inspire confidence in senior country officials, and work in a culturally diverse environment.
- Fluent in English and Swahili.
Note: The selected candidate will be offered a one-year appointment, renewable for an additional one year, at the discretion of the World Bank Group, and subject to a lifetime maximum ET Appointment of two years. If an ET appointment ends before a full year, it is considered as a full year toward the lifetime maximum. Former and current ET staff who have completed all or any portion of their second-year ET appointment are not eligible for future ET appointments.
Poverty has no borders, neither does excellence. We succeed because of our differences and we continuously search for qualified individuals with diverse backgrounds from around the globe.
The deadline for submitting the application is October 08, 2020