– AFDB Group Graduate Internship Recruitment –
This page will guide you on the latest information about how to apply for African Development Bank Group job offers in Nigeria for graduates and undergraduates.
About African Development Bank Group
African Development Bank Group (AfDB) – 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.
Applications are currently invited for:
Title: Internship Program
Reference: ADB/18/031
Location: Headquarters (Abidjan, Côte d’Ivoire), Bank’s External Offices
Grade: N/A
Position N°: N/A
Objectives
The broad objectives of the program are to:
1. Provide students with an opportunity to gain professional and practical experience at the African Development Bank.
2. Provide the Bank with a pool of potential candidates for future recruitment.
Duties and Responsibilities
1. The fields of study from which they selected interns must be within the job families of the Bank, particularly Economics.
Also, Agriculture, Private Sector Development, Human Capital Development (Education and Health), Environment, and Finance.
Infrastructure Development, Human Resources Management, Information Technology, Communications, Law, Internal Audit, Budget, Governance or any other field of study that the Bank may deem relevant to its operations.
2. Special consideration shall be given to students who are working on projects that have a direct bearing on the mission of the Bank.
3. They shall perform internships either at the Bank’s headquarters in Abidjan (Côte d’Ivoire) or in any of the Bank’s field offices or Regional Centres.
Timeline for the 2022 Program (Summer – Session: June through December 2018.):
1. Internships shall be granted to each candidate for a period not less than three (3) months and not over six (6) months. It allowed only once the internship for any candidate.
2. Interns shall be responsible for their air travel (where applicable) to and from the Bank’s location and their upkeep.
3. Interns shall be responsible for their medical insurance coverage and for obtaining entry and residence visas in the host country of the Bank.
4. Eligible Interns will be provided with a monthly stipend.
More Details on Duties and Responsibilities
Selection Criteria
Eligibility Criteria:
To be eligible for an internship, applicants must meet the following criteria:
1. Students, aged between eighteen (18) to thirty (30) years, and currently enrolled in a Master’s level degree program or its equivalent in a recognised public or private institution of higher learning.
2. The candidate can apply for an internship within one (1) year of having got such a degree.
3. Provide a letter from their school confirming their enrollment or a copy of the above mentioned Degree.
4. Citizens of one of the Bank’s member countries.
5. Applicants must be fluent in at least one of the Banks’s two working languages (English or French).
Strategic Focus areas:
They align the specific disciplines and specialist professional areas to the Bank’s Ten-Year Strategy (TYS) and the gender strategy. Besides the fields that are in the job families of the Bank, the focus will be on the following areas:
1. Power, Energy, Climate, and Green Growth
2. Agriculture, Human & Social Development
3. Legal
4. Human Resources and Corporate Services: IT, Language Services, General Services & Procurement, HR Management
5. Audit, Anti-Corruption
6. Evaluation
7. Communication & External Relations
8. Public Relations
9. Private Sector, Infrastructure, and Industrialisation
10. Economics, Statistics
11. Governance and Knowledge Management
12. Finance
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Shortlisted Applicant Update
If you’ve been shortlisted, then you’ve got your foot in the door. And it’s time for you to shine at the final stage – the interview.
However, it could be a telephonic, Skype, or face-to-face interview. And this is depending on the employer. When shortlisted:
1. Endeavor to get information about the company.
2. Also, ensure you have a clear vision. Try to figure out why you want the specific position. And how you would be a good fit. Also, go through your application.
3. Additionally, be interactive. It’s an interview, not an interrogation. There is much more to you than your resume.
4. The practice goes a long way. Thus, take mock interviews with your friends or practice speaking before a mirror.
5. It’s rare, but sometimes you get an offer letter directly based on your application. You plan the celebration, but remember some points before you go into that party mode: Get it in writing.
6. Also, go over the written offer. And make sure we mentioned all important details and ask questions if you understand nothing. Such as work profile, start date, duration, stipend, etc.
7. Send a thank-you letter to the employer once you accept the offer.
8. Also, follow up with an e-mail confirming your start date and expressing your enthusiasm for your new role.
From the above, it is important you note we are not partnering with these companies. We are only making this information available to help you get your dream job. As you apply, ensure to do more research about the company AFDB Group Graduate Internship Recruitment. GOOD LUCK.
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FAQs about AFDB Group
Check out FAQs about AFDB to know more. Below are the answers you need to know.
1. What is the African Development Bank Group?
The African Development Bank (AfDB) Group is a regional multilateral development finance institution established to contribute to the economic development and social progress of African countries that are the institution’s Regional Member Countries (RMCs).
The AfDB was founded following an agreement signed by member states on August 14, 1963, in Khartoum, Sudan, which became effective on September 10, 1964.
The AfDB comprises three entities: the African Development Bank (ADB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF).
As the premier development finance institution on the continent, the AfDB’s mission is to help reduce poverty, improve living conditions for Africans and mobilize resources for the continent’s economic and social development. The AfDB headquarters is officially in Abidjan, Côte d’Ivoire.
2. How does African Development Bank work?
The primary function of AfDB is making loans and equity investments for the socio-economic advancement of the RMC.
Also,Second, the bank provides technical assistance for development projects and programs. Third, it promotes investment of public and private capital for development.
3. What are the benefits of African Development Bank?
The African Development Bank offers a competitive international remuneration package (salary and benefits).
Also, which includes a tax-free salary, full relocation, installation allowance, dependency allowances, education grant/education travel, comprehensive medical insurance coverage, staff retirement plan with generous
More FAQs About AFDB Group Graduate Internship Recruitment
4. How many countries are in the African Development Bank?
81 member countries
The Bank Group has 81 member countries, comprising 54 regional member countries (RMC) and 27 non-regional member countries (NRMC).
5. Does African Development Bank give grants?
19-Oct-2021 – The African Development Bank Group has approved $350,000 in grant funding for technical assistance to consolidate the country’s capital markets strategy and increase the liquidity of its fixed income markets
6. What is the remuneration of new employees in African Development Bank?
The average salary for African Development Bank jobs is $144,412; ranging from $101,237 at the 25TH percentile to $125,954 at the 75TH percentile.
However, with top earners (the top 10%) earning more than $138,965. Compensation is derived from fewer than 20 profiles, including base salary, equity and bonus.
7. How is African Development Bank funded?
The Fund’s resources consist of contributions from internal Bank resources and periodic replenishments by donor countries, usually on a three-year basis. Initial contributions to ADF were pledged in 1972.
8. Is African Development Bank an international organization?
The African Development Bank Group (AfDB), located in Abidjan, Côte d’Ivoire, is a multilateral development finance institution established to contribute to the economic development and social progress of African countries.
9. What is development fund account?
The Nigerian Capital Development Fund (NCDF) is an independent social investment financial intermediary institution.
This hybrid organization was set up mainly to address the challenges of poverty in low income rural communities in Nigeria.
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