Blended Finance Sector Lead Manufacturing, Agribusiness and Services

**Blended Finance Sector Lead Manufacturing, Agribusiness and Services**

Job #:
req31954
Organization:
IFC
Sector:
Investment
Grade:
GH
Term Duration:
3 years 0 months
Recruitment Type:
International Recruitment

**Location**:
Cairo,Egypt
Required Language(s):
English
Preferred Language(s):
Closing Date:
3/6/2025 (MM/DD/YYYY) at 11:59pm UTC

Description

Blended Finance (BF) is a key tool in the execution of IFC's strategy. The Blended Finance - New Business and Portfolio (CBFNP) division sits in the Blended Finance and Partnerships Department and manages a pool of concessional donor funds of over $6 billion dollars focused on accelerating IFC's engagement in the most developmentally impactful areas: IDA and FCS countries, gender, climate, SME and agriculture and food security.

The BF facilities managed by CBFNP are structured to co-finance, along with IFC funding, investment projects to address market barriers in private sector projects. CBFNP's role is to optimize the co-investment of funds from donors on concessional terms, considering the donor's strategic priorities and risk appetite, in line with IFC's BF governance framework.

Within CBFNP, there are investment officers focusing on BF transactions supporting IFC's Operations. These transactions may use different BF facilities, such as the IDA Private Sector Window (PSW) and the Private Sector Window of the Global Agriculture & Food Security Program (GAFSP PrSW) which together comprise a large share of the total concessional funds managed by IFC. The goal of this work is to enable industry and regional departments of IFC to have a much deeper impact and footprint in the most difficult countries and sectors, primarily but not exclusively in IDA and fragile countries.

Increasing our physical footprint to cover key BF consuming regions such as Africa and the Middle East is central to the successful delivery of the IFC BF program in the coming years especially in FCS (Fragile & Conflict-affected Situations) countries. In October 2024, the World Bank Group also announced that it will be doubling its financial commitments in the Agribusiness sector to $9 billion annually by 2030. IFC is expected to provide a large portion of the expanded financing target to the private sector, for which additional BF resources (similar to IDA PSW and GAFSP PrSW) will be needed to further mobilize capital in this sector.

**Roles and Responsibilities**:
Investment and Portfolio management
- BF Sector Lead for Manufacturing, Agribusiness & Services (MAS): Act as the Global Sector Lead for BF projects in the MAS sector and the main BF relationship manager for MAS leadership and investment teams globally. Provide advice/response to BF investment officers working on MAS projects, including quality control for all MAS Blended Finance Committee (BFC) notes that are submitted to the BF Senior Manager for review.
- Financial structuring: Technical ability to translate risk tolerance of individual donors across a wide spectrum ranging from returnable capital to consumable capital to a financial structure and model needed for an investment, which neither the client nor IFC could complete without a BF co-investment.
- Business development: Help project teams put IFC's best foot forward in front of clients to help origination in areas of strategic importance for IFC investments, particularly in MAS. Attend relevant pipeline meetings of industry departments.
- Deal processing: Maintain accountability to the BFC with clear, unbiased presentation of the financial and impact rationale of the BF co-investment(s). Attend IFC project appraisals where necessary, especially if the BF co-investment has significantly different interests from IFC's own account investment. Attend IRM, pre-IRMs etc. as needed. Focus on parallel processing of the BF co-investment from PDS-Concept to Commitment and Disbursement.
- Supervision: Liaise with project teams to fulfill reporting requirements to donors (both financial outcomes and impacts). In addition, particularly for projects benefiting from a de-risking tranche from BF, monitor early warning signals of cascading risks with assistance from the project's supervision team including on existing projects. Process disbursements, waivers, amendments pertaining to the BF co-investment etc.
- Fund-raising assistance: Contribute to new concessional fund-raising efforts by providing color and nuance on projects benefiting from a BF co-investment. Gather lessons of experience for shaping future fund-raising activities and impact stories to be shared with donors and other internal and external stakeholders.
- Knowledge Management: Build up understanding of competitive landscape in the region, especially pertaining to the use of BF co-investments for challenging MAS sector projects.

BF Facility Management
- Act as the Program Manager of the GAFSP PrSW (and other existing and potential MAS focused BF Facilities), which responsibilities would include:

- Managing the