Senior Sector Economist Vacancy

  • Full Time
  • Nairobi

IFC international


The Sector Economics and Development Impact Department (CSEDR), part of the Economics & Private Sector Development Vice Presidency in IFC, analyses sectoral economic trends, and works closely with IFC Operations in formulating sector priorities and strategies, conducting policy dialogue, structuring, appraising, and monitoring investment projects and reporting on IFC’s impact. The CTT team within the CSEDR undertakes the activities above in relation to the CTT sectors, which comprise Telecom, Media, Technology, Venture Capital Investment, Fintech and Private Equity Funds. These operations focus on delivering, through loans, venture, or private equity, the infrastructure and the digital services required to support the development of a Digital Economy centred around information, communications and technology. The Department is looking for a Sector Economist-Telecom and Technology to help it assess, on an ongoing basis, the development impact of IFC projects in the Telecom and Technology sectors, perform deeper economic analysis for decision-making purposes and incorporate the relevant analysis into IFC’s and CTT strategies and private sector development (PSD) objectives.

He/she will work in close collaboration with the Investment and Advisory Staff of the CTT group, responsible for designing and structuring IFC’s projects in this area.


1. Telecom and technology project impact assessment :

The Economist will primarily be responsible to provide support on articulating and measuring the economic impact of the Telecom and Technology industries, and of projects in these sectors undertaken by the IFC. The work will involve contributing to the operation of a newly developed framework (the Anticipated Impact Measurement and Monitoring framework – AIMM) to assess such impacts. The Economist will work to identify and assess direct project outcomes (e.g. on stakeholders, suppliers, communities) as well as wider market impacts (e.g. on competitiveness, integration, resilience, inclusiveness and sustainability). The sectors that the Economist will focus on include mobile services, broadband, satellite services, data centers, and technology platforms (e.g. cloud providers, e-commerce platforms); and investments in digital start-ups across the economy. The Economist will lead day-to-day project management, quality oversight, and analysis for research. This includes establishing a strong working relationships with IFC’s CTT Industry team and with other CSEDR CTT team members. The work will include working with IFC’s Investment Officers to collect and analyze project data, apply the appropriate frameworks on the basis of data and research, create narratives that support the articulation of project impacts, and rate projects. It will also include the provision of expert advice and support to operational teams and managers on trends, key risks, and sector analysis during the project life cycle, in coordination with the respective industry strategists.

2. Lead Sector Economic Analytical Work

This support will include the following activities :

• Monitoring and analyzing trends and developments in the technology/telecom sector on the global and country level and producing reports with a focus on challenges, priorities, and opportunities for market creation and private sector development in the sector.

• Undertaking economic and econometric research on a variety of economic topics relevant for the telecom and technology sectors in collaboration with relevant CTT investment and advisory teams to inform sector strategies and operational decisions.

• Supporting sector policy dialogue aimed at creating markets for private sector driven development.

• Preparing high quality briefs, reports, and presentations to various stakeholders as well as external stakeholders.

• Contributing to various Strategy and Business Plan documents (e.g., CTT Strategy and Deep Dive Presentations, Country Private Sector Diagnostics, IFC Road Map, IFC Annual Report).

Selection Criteria

• Minimum of a Master’s degree in Economics.

• At least five years of prior experience as economist in the telecom sector, working for the private sector (preferably) or in a Development Finance Institution.

• Previous significant exposure to the telecom and technology industry in emerging markets.

• Robust and tested knowledge of key market, competition, policy and regulatory trends in the global telecom and technology markets, and for emerging markets.

• Robust and tested understanding of the technical functioning of telecommunications networks and of key technology platforms; and of sector-related financial and economic concepts and data.

• Strong analytical and quantitative (including econometric) skills.

• Proven capability to handle complex assignments and produce work to a high professional standard.

• Excellent written and verbal communications in English and ability to communicate effectively with relevant stakeholders.

• Ability to create project plans, manage projects, team members, and deliver high quality outputs (presentations, papers and other material).

• Ability to Lead and Innovate, developing innovative solutions with others, and to deliver results for clients by proactively addressing clients’ stated and unstated needs.

The World Bank Group values diversity and encourages all qualified candidates who are nationals of World Bank Group member countries to apply, regardless of gender, gender identity, religion, race, ethnicity, sexual orientation, or disability. Sub-Saharan African nationals, Caribbean nationals, and female candidates are strongly encouraged to apply.