OVERVIEW OF CTG
CTG support and manage humanitarian projects in fragile and conflict-affected countries around the world. With past performance in 15 countries – from the Middle East, Africa, Europe, Asia and Central and South America – we offer a holistic fabric of project management, implementation and support. Skilled in emergency response to crises such as the Ebola outbreak in West Africa, we have the ability to act quickly (crisis response teams can be on the ground in 24 hours) and to establish structured operations in high-risk environments. CTG recruit and manage qualified, skilled teams with extensive experience operating in challenging conditions.
OVERVIEW OF THE POSITION
The overall objective of the Jobs and Growth Compact (JGC) is to support EU’s headline commitment to the implementation of the Africa – Europe Alliance on Sustainable Investments and Jobs, including the EU External Investment Plan, as well as to define more precise country specific priorities.
The JGCs prepared for each partner countries help ensuring coherence and focus between the EU’s range of interventions and instruments, and strengthen the EU’s efforts towards European Economic Diplomacy.
The JGC offers an analysis of the potential of job creation and value chain development and related obstacles, and a forward-looking response strategy in line with the four strands of the Africa-Europe Alliance (i.e. investment climate, de-risking, education and skills, market building).
The JGC is thus an internal operational tool that also serves as a source for the programming exercise. It also serves as a means to foster convergence towards the EU key priorities identified in a given country with EU Member States, partner Financial Institutions (FIs) and other operators as well as through structured dialogue with government and the private sector. As a living document, the JGC is reviewed and revised regularly to account for an evolving local context.
The JGC is not a negotiated nor binding document and does not supersede nor replace the National Indicative Programme (NIP) but contributes to it and further articulates the priorities contained therein.
Under the new EU Multi-annual Financial Framework (MFF), the European Commission has proposed to establish a European Fund for Sustainable Development Plus (EFSD+) notably to support the first pillar of the EIP. The EFSD+ will consist of blending and budgetary guarantee operations supported by the External Action Guarantee (EAG). The EFSD+ will include operations previously carried out under the external lending mandate to the European Investment Bank (EIB). The EAG will have a worldwide scope and a volume of operations of up to EUR 60 billion to support the EFSD+ as well as Macrofinancial Assistance (MFA) and Euratom loans.
The EU Delegations are expected play a key role in ensuring a strong and coherent steering of the EU intervention on the ground. Such role will be reinforced under the EFSD+. EU Delegations will assess the partner country´s investment needs, gaps and priorities. This could be done through the study of e.g. the country´s investment plans and through holding in-country dialogues on investment issues. These assessments should cover the investment conditions in these countries, including analysis of the drivers of investment climate and business environment (See the Handbook on improving the Investment Climate through EU action) and possible need for improvements or reforms. Market distortion and crowding out of commercial finance is to be avoided from the outset. These assessments would also identify priority areas (windows) where investment would best deliver on EU policy objectives.
The in-country dialogue with partner countries provide the opportunity for the EU Delegations to explain the possibility for the partner country to receive EU assistance not only in the “traditional” form of grants (procurement, grants, budget support, etc.) but also in the form of investment projects through blending and guarantees, encompassing private-sector financing and sovereign lending. This dialogue should also be conducted not only with partner countries, but also with representatives of the private sector, banking sector, local authorities, civil society organisations and FIs on the ground (EIB, the EBRD or Member States’ agencies). This will help the EU Delegations to assess the possibility to use blending or budgetary guarantees in the country, and to identify the sectors conductive to investments and which are consistent with the EU policy objectives and priorities, thus providing orientations/ensuring an active role vis-à-vis the FIs.
It is against this background that the EU is hiring a Private Sector Engagement and Economic Development Expert.
Purpose and Scope of Assignment
The purpose of the assignment is to prepare the “Jobs and Growth Compact for the Somali People” (JGC) document by reviewing EU support to Private Sector Development in Somalia, finding the gaps and best practices to that will provide a strategic direction for future EU action in this area.
The Consultant will be under the direct supervision of the EU & our client and he/she must be able to work independently to deliver the below duties and responsibilities:
The Expert will be responsible for the following tasks:
Project reporting: Project Manager
The Private sector Engagement and Economic Development Consultant will render his or her contractual obligations in coordination with and under the guidance of the EU. When requested so by the EU, the consultant will make him- or herself available for further adjustments of his or her deliveries outlined above.
§ Master’s degree in in economics, business administration, finance or related field or relevant discipline.
§ Minimum of 7 years of demonstrable relevant Other experience.
§ Minimum of 3 year of experience in Africa (desirable).
§ Fluency in English (essential) and Somali (desirable).
Educational/Work Experience Requirement:
• Master’s Degree in economics, business administration, finance or related field or relevant discipline.
• Bachelor’s Degree in combination with four (4) additional years of relevant professional experience will be considered in lieu of the Master’s Degree.
B. Work Experience
• A minimum of seven years of progressively responsible experience in private sector engagement and economic development especially interacting with economies in transition and fragile contexts is required
• A minimum of two years of experience in the field of development finance is required
• Substantial and demonstrated understanding of contextual transition dynamics and processes, and preferably with substantive knowledge of Somalia.
• Experience working with the EU or knowledge of EU Development policy is required.
• Academic research skills required.
• Excellent written and verbal communication skills, ability to dialogue with national authorities and institutional structures, interact with high-level government officials and to establish harmonious working relationships and motivate stakeholders is required.
• Experience in presenting high-level academic work to state actors in a service-orientated manner.
• Flexibility, including demonstrated ability to work under pressure, to adapt to changing work and project circumstances and respond to unforeseen developments; and
• Willingness to travel Kenya and Somalia and other places as will be determined by EU for the implementation of activities.
• Willingness to be based in Mogadishu, Somalia.
Interested candidates should create a profile and apply on CTG careers website through the link below.
Please refer to the vacancy number: VAC-3052. Shortlisted candidates will be contacted for an interview.