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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 financial and technical support for transformative projects that will significantly reduce poverty through inclusive and sustainable economic growth.

In order to sharply focus the objectives of the Ten Year Strategy (2013 – 2022) 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 Bank is seeking to build a management team that will lead to the successful implementation of this vision.

African Development Bank (AfDB) Recruitment 2020/2021



  1. Principal/Chief Research Economist–Macroeconomic Modelling and Forecasting, ECMR1 - Closing date: 03-Jun-2020
  2. Chief Investment Officer, SNOU - Closing date: 03-Jun-2020
  3. Media Relations and Communication Officer (Francophone), PCER1 - Closing date: 06-Jun-2020
  4. Principal evaluation officer, BDEV1 - Closing date: 06-Jun-2020
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Principal evaluation officer, BDEV1


The Role:

The Principal Evaluation Officer contributes to the delivery of the division work program by leading moderately complex evaluations, supervising evaluation teams, and mentoring and coaching junior colleagues, and supporting work programme management and the Independent Development Evaluation Department’s quality assurance activities of the Bank’s interventions (including policies, strategies, and operations) in the areas covered by the Division, in particular activities related to the private sector, infrastructure (including transport, ICT, urban development, water, and sanitation), industrialization, power systems, energy, climate change, and green growth.

Duties and responsibilities

Undertake Evaluation Activities: Design, conduct, and report on evaluations in accordance with the Bank’s Evaluation Policy and Manual and international evaluation standards (e.g., OECD DAC evaluation standards and the Evaluation Cooperation Group Good Practice Standards).

Contribute to the capture of learning from evaluation design to evaluation dissemination for use in updating the Independent Development Evaluation Department evaluation manual, and for staff learning events.

Manage human and financial resources of a multi-disciplinary evaluation team to ensure the delivery of complex and concurrent evaluations that are conducted in an independent, cost-effective, rigorous, and timely manner.

Promote the mandate of the evaluation function and contribute to the creation of an evaluation culture in the Bank and in Regional Member Countries (RMC).

Contribute to positioning the Independent Development Evaluation Department as an innovator on the leading-edge among other multilateral institutions and to maximizing the effectiveness and efficiency of the Bank’s Evaluation Function.

Selection Criteria

Holds at least a Master’s degree or it's equivalent in Economics, Development Evaluation, Finance, Business Administration, Sociology, Development, Statistics, Policy analysis, Public administration, or another international development-related field. A certificate/diploma in development evaluation, development-oriented research, and/or program/project planning, management, and evaluation is an advantage.

A minimum of six (6) years’ experience in as a development evaluator/researcher; designing, conducting, managing, and reporting development evaluation/research studies.

Significant knowledge in quantitative and/or qualitative evaluation methods.

Broad knowledge of evaluation theories and practice including evaluation needs assessment, design, and implementation.

Experience in providing strategic advice to senior management.

Experience in coaching and mentoring staff.

Substantial experience in evaluation in Multilateral Development Banks or other international development agencies desirable.

Substantial experience in managing human and financial resources.

Experience to lead multidisciplinary teams, and work in diverse and multi-cultural settings

Other Details


Grade: PL4
Position N°: 50000281 / 50083178
Reference: ADB/20/058
Closing date: 06-Jun-2020
Duty station: Abidjan, Côte d'Ivoire

How to apply


Interested candidates to apply online and if you want to get more information about "AfDB Bank Nigeria Principal evaluation officer, BDEV1 Job" click here.

Principal/Chief Research Economist–Macroeconomic Modelling and Forecasting, ECMR1


The Role:

The Principal/Chief Research Economist–Macroeconomic Modelling and Forecasting, is responsible for leading research work focusing on macroeconomic issues that are relevant for the Bank’s regional member countries and its operational engagement, including research on the Bank’s High 5 agenda. The role involves the construction of macroeconomic models and conducting debt sustainability analysis to improve the Bank’s modeling portfolio for evidenced-based and enhanced policy dialogue in the Regional Member and improving macroeconomic analytical content of its operations.

Duties and responsibilities
Under the supervision and guidance of the Division Manager Macroeconomic Policy, Debt Sustainability, and forecasting, the Principal/Chief Research Economist will:


Develop and lead research programs and projects focusing on macroeconomic issues of particular relevance to the Bank’s RMCs and its High 5 agenda. This involves:

Initiate, oversee, and contribute to research projects focusing on macroeconomics issues using established and proven quantitative techniques/methods.

Lead the preparation of Flagship publications and knowledge products such as the African Economic Outlook; African Development Report; books, reports, etc.

Lead the design and construction of a suite of structural macro-econometric models; Dynamic Stochastic General Equilibrium, Global Vector Autoregressive Analysis, and another simpler Autoregressive Integrated Moving Average models.

Provide senior management and regional member countries with comparative research analysis, socio-economic data, and macroeconomic projections of the most widely used socio-economic parameters relating to Africa’s economies and Bank Group operations.

Deliver inputs in collaborative research and knowledge management activities carried out jointly with regional and international organizations, research, and capacity building institutions in Africa, development research centers, and universities.

Selection Criteria

Hold a minimum of a Master’s degree in Economics, Economic modeling, Macroeconomics; Econometrics, Development Macroeconomics; Applied Statistics, or any relevant field. A Ph.D. in economics is a strong advantage.

Have a minimum of seven (7) years ((for PL3 position) and a minimum of six (6) years (for PL4 position) of professional experience in development policy research and analysis with a focus on Africa or low-income countries.

Working experience in macroeconomic modeling and macroeconomic research is a strong advantage.

Strong publications record in reputable peer-review journals.

Having experience in international financial institutions or private sector experience will be an added advantage.

Extensive practical knowledge of advanced econometric methods and ability to handle, process and analyze large time-series datasets using packages such as Matlab, R, Stata, and Eviews.

Ability to lead the identification of appropriate methods and techniques to conduct cutting edge empirical research and present the results.

Capacity to come up with innovative research ideas and techniques to improve research outcomes.

Willingness to learn and take advice from the supervisor and peers.

Capacity to work independently and meet tight deadlines.

Communicate and write effectively in French or English, with a good working knowledge of the other language.

Competence in the use of standard software: Word, Excel, PowerPoint, etc.

Other Details


Position Title: Principal/Chief Research Economist–Macroeconomic Modelling and Forecasting, ECMR1
Grade: PL4/PL3
Position N°: 50093608/50083074
Reference: ADB/20/055
Publication date: 04-May-2020
Closing date: 03-Jun-2020
Duty station: Abidjan, Côte d'Ivoire

How to apply

Interested candidates to apply online and if you want to get more information about "AfDB Bank Nigeria Principal / Chief Research Economist-Macroeconomic Modeling and Forecasting, ECMR1 Job" click here.


Chief Investment Officer, SNOU

The Role

The Chief Investment Officer must possess considerable experience with the technical delivery of such projects as well as leadership skills for his direct reports in the Unit as well as both internal and external interaction and consensus-building. The Chief Investment Officer will deputize for the SNOU Head when required to do so.

The job holder must leverage the prior project knowledge from portfolio managers who can be highly valuable temporary members of a tailored SNOU Jeopardy or Joint Venture team. However, SNOU must bring a new vision and objective thinking to decide on the best path forward for the underperforming project so as to maximize recoveries whilst minimizing any write-offs. The Chief Investment Officer must practice and encourage others in the rapid diagnosis of distressed situations and to design and implement optimal rehabilitation and exit strategy but with no “cookie-cutter” approach, as each project has unique characteristics and issues which must be assessed and resolved.

The successful candidate may also be invited from time to time to observe the CRC investment process and Board Approval in order to bring his or her experience to the attention of the Bank. Lessons learned from a career focused on global distress resolution can be a useful complement to the in-house experience of AfDB’s experienced bankers.

The Chief Investment Officer must represent the Bank professionally with external parties too, including auditors/advisors/consultants, Government representatives, co-investors, Central Banks, Regulators, and also at technical, DFI, and MDB conferences.

Duties and responsibilities
Under the supervision and guidance of the Head of Unit (SNOU), the Chief Investment Officer will undertake the following:


Monitor the financial and operational performance of impaired investments and effective execution and implementation of agreed work out strategies to ensure optimal recoveries whilst seeking to minimize any write-offs;

Prepare regular reports and back-to-office reports as required on all investment resolution activities;

Identify lessons learned to disseminate SNOU’s workout and recovery experience to other investment departments within the Bank to assist Portfolio Management to identify warning signs in projects at an earlier stage;

Preparation of financial forecasts and perform and review cash flow analysis to determine the debt carrying capacity of project companies and the return potential for equity investments, participate in due diligence of companies and determine, document and present options for approaching investment resolutions (e.g. trade sale, restructuring, refinancing, turnaround, workout, enforcement and insolvency processes, debt for equity swaps or any other rescue approaches);

Lead internal multi-disciplinary teams when conducting business reviews to understand the issues facing companies and offering practical solutions; interact with accountants, legal, financial and sectoral consultants; interact with senior management of investee companies; liaise with other co-investors and DFIs and construct and review complex financial and valuation models with sensitivities as required;

Prepare detailed action plans and different resolution options for each non-performing or impaired investee company for the SNOU Head and other team members to present to the internal Credit Risk Committee and Management Committees including recommended strategies to resolve and optimize problem investments whilst understanding the need to protect the over-arching developmental mandate of the Bank and to minimize any reputational fall-out.

To work on any specific ad-hoc project that requests the Chief Investment Officer to be engaged in to add value to the Bank.


Selection Criteria 

A Master’s degree or equivalent in Economics, Business Administration, Finance, or related discipline.

Professional qualifications in Accounting, Legal, or Banking are a strong advantage.

A minimum of seven (7) years of relevant progressive experience.

Demonstrable and extensive track record and professional experience of working either in a workout or recovery team for a bank or financial institution or having worked for a major accounting or consulting firm advising clients on workouts, restructurings, non-performing investments or loan portfolios.

Ability to quickly understand the underlying issues and inherent risks of specific project investments under review and advising on the most appropriate course of action and the associated consequences, risks and costs of each action proposed;

Diverse experience both geographically and sectorally, of investing and divesting across different types and sizes of businesses and projects. An international investment and recovery experience is a must. Understanding cultural sensitivities is also key to this role;

Ability to assess the effectiveness and efficiency of incumbent management teams, making a recommendation on how to change or improve teams in investee companies;

Knowledge and experience in the valuation of listed and unlisted equities and ability to assess proposed exit strategies for problem projects. Experience with Private Equity Funds, adding value to investments and/or Project Finance would be an advantage;

Strong analytical and modeling abilities and ability to lead transactions from inception to completion would be an advantage;

Sound business judgment, with creative problem-solving skills and ability to think laterally in order to solve complex business and financial problems. Ability to build effective client and other relationships (both internally and externally);

Advanced corporate negotiating and influencing skills in workout, restructuring, and investment environments.

Excellent written and verbal communications in English or French, with a working knowledge of the other language.

Competence in the use of Bank standard software (Word, Excel, Access, PowerPoint). Ability to provide strategic advice to the Bank on emerging financial and development issues, as well as corporate issues.

Other Details

Position Title: Chief Investment Officer, SNOU
Grade: PL3
Position N°: 50102227
Reference: ADB/20/053
Publication date: 04-May-2020
Closing date: 03-Jun-2020
Duty station: Abidjan, Côte d'Ivoire

How to apply

Interested candidates to apply online and if you want to get more information about "Chief Investment Officer, SNOU Job" click here.

Media Relations and Communication Officer (Francophone), PCER1


The Role:

Under the general guidance and supervision of the Division Manager, Communication and External Relations - PCER.1, the incumbent will liaise with media houses and be responsible for disseminating information to the press to raise awareness around the Bank’s mission, policies, projects, and achievements in a positive, consistent and credible manner. He will also support the editorial team in writing media advisories, press releases, and media briefing kits, and other collaterals.

Duties and responsibilities

Under the overall supervision of the Division Manager, Communication and External Relations - PCER.1, the Francophone Media Relations, and Communication Officer has the following responsibilities:

Media Relations
Respond to and follow through on requests for information from the media, determining appropriate, accurate responses and appropriate contacts for a response.

Pitch and solicit press interest in a range of Bank projects, products, and issues through interview opportunities with the Bank’s President, Vice Presidents, Directors, and Regional Directors, etc.

Write media advisories.

Prepare daily press digest for the Bank’s internal audiences.

Disseminate press releases and external communication of information through various media that are designed to keep the public informed of the Bank’s accomplishments or points of view.

Selects top-tier media outlets for dissemination of thematic op-eds by the Bank’s senior management.

Cultivate and maintain knowledge of and relationships with key news media at local, pan-African, and international levels.

Develop, update, and maintain media contact lists/databases.

Prepare media monitoring reports on mentions of the Bank in international, pan-African, and French-speaking media.

Selection Criteria

Hold a master’s degree in communication, journalism, or related areas.

Have a minimum of four (4) years of experience in media relations (preferably in multilateral development banks).

Journalistic background with strong written and verbal communication skills, able to deliver clear, concise information tailored to specific and varied audiences.

Proven experience in event planning or event coordination in a corporate environment.

Good overall knowledge of communication and media platforms.

Excellent command of French (written and spoken). Working knowledge of English would be an added advantage.

Excellent organizational, negotiation, and multitasking skills.

Able to quickly blend into and maintain a smooth working relationship with a multilingual team.

Be able to work efficiently under stress.

Detail-oriented and organized, ensuring quality and consistent output.

Ability to effectively solve problems, think creatively, make decisions, and act, exercising independent judgment.

Ability to maintain a professional and positive attitude and work with a team or independently with little guidance in a fast-paced, changing environment.

Ability to work on tight deadlines and under pressure.

Ability to manage multiple projects independently.

Proficiency in MS Office applications (Word, Excel, and PowerPoint.)

Other Details

Grade: PL6
Position N°: 50050125
Reference: ADB/20/057
Publication date: 06-May-2020
Closing date: 06-Jun-2020
Duty station: Abidjan, Côte d'Ivoire

How to apply

Interested candidates to apply online and if you want to get more information about "Chief Investment Officer, SNOU Job" click here. Many people think that registration is necessary to apply, you do not panic, you can apply without registration, you just have to go through a few steps.

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