The African Development Bank is not a regular bank. It's like the African version of the World Bank. The African Development Bank provides finances to several African countries that are regional member countries, as well as some private establishments. The clue is in the name itself. The African Development Bank's mission is to trigger continuous economic development as well as social progress in the various regional member nation-states. This institution aims to reduce poverty in Africa.
Your role
The African Development Bank’s internship program aims to deliver on the strategic focus of the Bank’s Ten-Year Strategy. These priority areas are commonly referred to as the High 5s, which are as follows:
Light Up and Power Africa
Power systems development (grid-based, utilities); climate change and green growth (climate finance, climate adaptation); policy and regulation (energy statistics); renewable energy (off-grid energy access); energy partnerships (stakeholder engagement, energy markets).
Feed Africa
Agriculture and agro-industry (agribusiness development, agriculture research, production and sustainability); agricultural finance and rural development (agricultural and rural finance, rural infrastructure development).
Integrate Africa
Development research (macroeconomic policy, debt sustainability and forecasting, microeconomic, institutional and development impact); governance and public financial management (program development, policy management); statistics (economic and social statistics, statistical capacity building).
Industrialize Africa
Private sector development (strategy and new products, asset portfolio management, special operations); financial sector development (financial institutions, financial inclusion); infrastructure, cities and urban development (transport and logistics, ICT); industrial and trade development.
Improve the Lives of the People of Africa
Water, human and social development (education, human capital and employment, sanitation and public health, security and nutrition); gender and civil society (women’s empowerment, community engagement).
Training & development
The Bank’s Internship program aims to:
Provide students with the ability to work in an international environment;
Provide the Bank with a pool of potential candidates in the future; and
Enhance the visibility of the Bank and its development activities.
Benefits
Here are the benefits given by the African Development Bank to their employees.
Full relocation assistance
Tax-free salary
Installation allowance
Education assistance
Retirement benefits
Medical insurance
Dependency allowance
Flexible work schedule
Paid leave and holidays
Career progression
There's good career progression at the African Development Bank. This is great news for fresh graduates, interns, and even experienced professionals. Fresh graduates and young interns get to work with authorities in various fields on social projects and build a wealth of work experience. They have an Internship program and a Young Professionals Program.
Work-life balance
The AfDB offers a variety of roles suited to your goals, background, and talents, providing opportunities to advance, grow and strike the right balance between work and life that is best for you.
Company culture
Being a regional development bank, the African Development Bank has an excellent work culture and a rich multicultural setting. The employees are supportive and friendly. Numerous collaborative projects bring co-workers together, especially field activities. It's a great place for fresh graduates to begin their careers. You get to experience unique cultures within your workplace and in the field.
To know more about what it's like to work at the African Development Bank, watch this video:
About you
Requirements:
Aged thirty (30) years and below by December 31, 2022
Possess a bachelor’s degree and be enrolled in a master’s degree program or its equivalent in a recognized public or private institution of higher learning;
Apply for an internship within one year of having obtained the master’s degree;
Provide proof of enrollment from the university / professional institution/ school;
Citizen of a member country of the African Development Bank;
Ability to communicate effectively (written and oral) in English or French, with a working knowledge of the other language;
Female candidates are encouraged to apply.
Adaptability to multicultural settings;
Good communication skills;
Working knowledge of a third language that is relevant to the Bank's operations;
Experience on projects that have a direct bearing on the mission of the Bank.
The Bank aims to select candidates with professional degrees in the following disciplines:
Power, Energy, Climate and Green Growth;
Agriculture, Human and Social Development;
Private Sector, Infrastructure and Industrialization;
Economics, Statistics;
Governance and Knowledge Management;
Finance;
Legal;
Human Resources and Corporate Services: IT, Language Services, General Service & Procurement, HR Management;
Audit, Anti-corruption;
Evaluation;
Communication & External Relations;
Public Relations;
Gender;
Environmental and social assessment.
How to apply
To apply for this role, simply click the "Apply on employer site" button on this page to submit your application directly to African Development Bank.
Source
The following sources were used in researching this page:
afdb.org
Hiring criteria
You should have or be completing the following to apply for this opportunity.
Entry pathway
Degree or Certificate
Minimum Level of Study
Bachelor or higher
Study Field
B
Accounting
Commerce
Finance
Business
Business Administration
International Business
Management
Project Management
Event Management
Economics
Human Resources
Marketing & Advertising
Public Relations
C
Communication
Media Studies
E
Mathematics & Statistics
Renewable Energy Engineering
Engineering & Mathematics (all other)
H
Gender Studies
Indigenous Studies
International Development
Peace & Conflict
Refugees & Forced Migration
Humanities (all other)
Policy Studies
Political Science
Public Administration
Social Science (all other)
Social Work & Sociology
I
Computer Science (all other)
Computer Systems and Networks
Data Science
L
Commercial Law
Constitutional Law
Tax Law
Legal Studies
Work rights
The opportunity is available to applicants in any of the following categories.