ESG in the African Finance Sector: New Job Vacancy for Africa50

ESG in the African Finance Sector: New Job Vacancy for Africa50

Job of the week Director ESG and sustainability in africa adveritsed by CA Global Finance

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In the dynamic landscape of sustainable finance, the integration of Environmental, Social, and Governance (ESG) principles has become pivotal for businesses and investors alike. This blog post explores the core tenets of ESG and delves into transformative initiatives facilitated by Africa50. This blog will also introduce in detail a new ESG job in Africa headhunted by Africa’s executive talent search experts: CA Global Finance.

What is ESG?

Environmental, Social, and Governance (ESG) is a comprehensive framework employed by businesses and investors to evaluate and integrate key non-financial factors into decision-making processes. The “Environmental” aspect focuses on a company’s commitment to sustainable practices, including its impact on climate change, resource efficiency, and waste management. The “Social” dimension assesses a company’s relationships with its employees, communities, and broader societal impact, considering aspects such as diversity and inclusion, labor practices, and philanthropy. Lastly, the “Governance” component examines the internal structures and policies that guide a company’s leadership and operations, ensuring transparency, accountability, and ethical conduct. Embracing ESG principles is not merely a moral imperative but increasingly recognized as a strategic business imperative, as companies that prioritize ESG factors are often better positioned for long-term success, resilience, and positive societal contributions.

Who is Africa50?

Africa50 is a pan-African infrastructure investment platform established with the primary goal of addressing the continent’s infrastructure funding gap. The organization plays a pivotal role in bridging this gap by actively engaging in project development, mobilizing both public and private sector finance, and making strategic investments in infrastructure projects across Africa.

Africa50 seeks to foster sustainable economic growth, job creation, and an enhanced quality of life across the continent by strategically investing in infrastructure. This commitment extends to preserving natural resources for future generations and generating value for shareholders. We firmly believe that a robust Environmental, Social, and Governance (ESG) proposition is fundamental for creating value. It establishes the groundwork for sustainable investment practices, secures ongoing support from governments and communities, and facilitates access to investment capital and partnerships on a global level. This holistic approach positions Africa50 favorably for sustained profitability and impactful contributions over the long term.

Climate Change & Africa50

Climate change poses immense challenges on Africa’s development, including food insecurity, population displacement, water scarcity, and threats to socio-economic development. While acknowledging the significant risks posed by climate change, the imperative for substantial new investments in mitigating, adapting to, and building resilience against its effects presents an opportunity for our African country shareholders. This opportunity extends beyond addressing climate challenges to driving sustainable economic development and diversification through the establishment of novel economic value chains and industries.

Recognizing the scale of the task ahead in addressing climate change, African countries must actively engage and leverage increased involvement from the private sector. Africa50 is committed to catalyzing private sector funding, aiming to seize the opportunities arising from the low-carbon transition in various infrastructure-linked sectors such as transport and logistics, ICT, midstream gas, healthcare, fintech, and power. By promoting efficiency, fostering innovation, and stimulating growth, Africa50 endeavours to facilitate the continent’s expedited transition to a Net-Zero future.

To read more about Africa50’s position on and approach to both climate change challenges and opportunities you can review their Climate Change Guiding Principles.

CA Global Finance in Partnership with Africa50

At CA Global Finance, the leading recruitment firm in Africa, we are proud to be assisting Africa50 in their talent search to fulfill vital roles such as ESG, Climate and Sustainability  Director. With our team of professionals’ proven search techniques and strict quality control procedures, as well as our expert knowledge of the African market; we are confident that the right candidate will be placed in no time.

To review the vacancy of ESG, Climate and Sustainability Director you can visit our job board or continue reading below:

Director, ESG, Climate and Sustainability – Africa50

Reference Number: JA-015

Supporting Management and investment teams, the ESG, Climate and Sustainability Director will have the following responsibilities:

Responsibilities:

  • Overseeing ESG Management System implementation and ensuring that the ESG Manual and Policy are reviewed on a three-year basis in line with emerging trends.
  • Driving the implementation of Africa50’s Climate Guiding Principles and ensuring that we have an efficient system to monitor and measure the execution of any climate-related actions.
  • Overseeing the execution of the Development Impact framework and the building of a track record stemming from both Africa50 and our portfolio companies and institutional actions
  • Coordinating engagement with internal and external stakeholders where required, including the implementation of stakeholder engagement plans, information packs, thought leadership pieces, attending speaking engagements, and developing relationships with investors, NGO and civil society organisations, development finance institutions, and industry bodies.
  • In conjunction with the Senior Director Strategy and Investor Relations, identify potential new investors and build investor relationships, as well as representing Africa50 in meetings/presentations with/to prospective and existing investors.
  • Support the fundraising efforts by:
  • Building the narrative for securing “green capital” and targeting investors that are sensitive to climate and sustainability.
  • Collecting market intelligence and seeking to expand the set of potential shareholder/investor relationships.
  • Overall responsibility and management of Africa50’s Corporate Social Responsibility program
  • Responsibility for Africa50’s internal climate impact monitoring and measurement per the Climate Guiding Principles
  • Ensuring implementation and monitoring of efficient data gathering processes for the measuring and monitoring of ESG, Climate and Sustainability to ensure relevant reporting.
  • Overseeing the on-going monitoring and measurement of ESG, Climate and Sustainability metrics by appointed ESG internal and/or external officers and lead and support investment professionals who have been assigned ESG duties.
  • Overseeing and supporting site visits to portfolio companies including on-site audits, monitoring and evaluation activities, provision of support and training, assessing progress and providing support on implementation of prescribed corrective actions, and reviewing post site visit reports
  • Undertaking assessments of project lead sponsors’ ESG capability (where the lead sponsor is not Africa50) and advising the Africa50 investment teams as appropriate on areas of sponsor weakness that require corrective action in order to ensure alignment with the ESG Management System
  • Supporting the Africa50 investment teams in their engagement with sponsors, portfolio companies, and other relevant project stakeholders, to encourage and guide all relevant project stakeholders towards achievement of ESG, Climate and Sustainability standards that align with Africa50’s standards.
  • Overseeing the appointment and management of third-party consultants for complex ESG due diligence and/ or monitoring (i.e. for Category A and selected Category B investment opportunities)
  • Assisting with the scoping of complex ESG due diligence and/ or monitoring exercises (i.e. for Category A and selected Category B investment opportunities)
  • Reviewing and signing-off on ESG DDs for Category A (High) and B (Medium) investment opportunities
  • Contributing to the evaluation of investment proposals, including via investment committee papers and meetings
  • Supporting in negotiations with underlying investments to ensure that ESG, Climate and Sustainability rights are embedded in legal agreements, including relevant action plans (where appropriate)
  • Ensuring effective monitoring of portfolio company compliance with the internal ESG, Climate and Sustainability requirements and policies, including the implementation of agreed action plans or management plans
  • Responding to significant ESG, Climate and Sustainability incidents arising at portfolio companies and ensuring that Africa50 Executive Management and relevant stakeholders are informed of such significant incidents, as appropriate and in a timely manner.
  • Overseeing disclosure of key ESG, Climate and Sustainability information to relevant internal and external stakeholders, including the Africa50 Board and its subcommittees
  • Driving internal ESG, Climate and Sustainability skills development and capacity building of Board Directors, deal executives, investment professionals and lead sponsors through internal and external training
  • Collation and compilation of Sustainability, Climate and ESG Reports as and when required for the Africa50 shareholders.

 

Candidate Profile:

Essential Qualifications & Experience

  • Minimum of a bachelor’s degree in a relevant discipline.
  • A minimum of 15 years’ experience in Environment, Sustainability and Governance, Climate and Sustainability fields in Africa and/or other Emerging Markets
  • Experience within a relevant finance institution or public/private organisation in the financial services industry (e.g., PE, DFI, multilateral, sovereign wealth fund, professional services firm), of which at least seven years will be at a senior management level.
  • Connection to Africa and intent to pursue an Africa-focused career

Location:

  • Casablanca, Morocco (Hybrid)

 

If you wish to apply for the position, please send your CV to our CA Global Finance recruitment consultant Jamie Adams at jadams@caglobalint.com .

CA Global will respond to short-listed candidates only. If you have not had any response in two weeks, please consider your application unsuccessful however your CV will be kept on our database for any other suitable positions.

Please feel free to visit www.caglobalint.com for more exciting opportunities.

 

 

4 Jobs in Australia and New Zealand

A growing Technology company based in the Middle East is recruiting four (4) full-time jobs in Australia or New Zealand. Fabio Faria is the Recruitment Consultant managing the recruitment for these roles.He is an experienced Recruitment Consultant and Headhunter with a vast network in recruiting for the technology and finance sector in Africa and the world. Please get in touch with Fabio via email (fdasilvafaria@caglobalint.com) or Connect with Fabio via LinkedIn.

** Please note that for all the below jobs, the candidates must be based in either Australia or New Zealand.


Senior .Net Developer 

  • 5+ years of hands on development experience using .NET, C# and VB.NET.
  • Strong understanding of ASP.NET Security Practices and threats as it pertains to web development in that environment.
  • Must be proficient in JavaScript, SOAP- or REST-based web services, XML and JSON technologies.
  • Experience in constructing complex queries and stored procedures for Microsoft SQL.

Click here to apply for the Senior .Net Developer job.

Functional Consultant (Consumer Goods/ FMCG)  

  • Must have a high-level knowledge of all platform functionality including, data migration, configuration, integration and environment management best practices.
  • Intermediate SQL experience combined with basic ETL and UAT skills.
  • Experience in CPG commercial processes such as Trade Promotion Management/Retail Execution/Sales Force Automation is a plus.

Click here to apply for the Functional Consultant job.

Project Manager

To lead client-facing solution implementation and adoption engagements within our CPG/FMCG clients. This is a strategic role responsible for all aspects of the project life cycle, including customer experience, cross-functional team management, and profitability. 

  • 5+ years of experience in project management; PMP certification preferred.
  • Experience in managing decentralized resources across multiple time zones and functions.
  • Background in Retail or CPG commercial processes (trade promotions, sales agreement, sales force automation, incentives management, retail execution) is considered a significant asset.

Click here to apply for the Project Manager job.

IT Business Analyst

  •  Minimum 5 to 7 years’ experience as a business analyst in a software-driven environment.
  • Have worked within an Agile software delivery environment as a business analyst, and have a technical (systems/development) background.
  • Experience in consumer product goods (CPG) and FMCG.

Click here to apply for the IT Business Analyst job.


Looking for other jobs in Africa? Visit our job board for the latest jobs in Africa. We have jobs in banking, finance, insurance, financial services, and more sectors in Africa. 

4 New Jobs in Tete, Mozambique

We are assisting our client, an International Agriculture company, with 4 jobs in Mozambique. Shearidan Rabsch, Senior Recruitment Consultant at CA Global Finance is managing the recruitment of these jobs. Should you wish to apply for any of these jobs below, or know of anyone suitable, then click on the job link provided below. Alternatively get in touch with Shearidan directly via email: srabsch@caglobalint.com.

MOZAMBIQUE JOBS

Procurement Administrator – Tete, Mozambique

The incumbent will update and maintain all compliance-related activities within the Procurement department and to assist with financial control adherence and updating of KPI’s.

Requirements: Qualification and Skill

  • Degree or Diploma in Procurement/ Supply Chain or any other qualification relevant to this position, e.g. Financial / Administrative
  • Minimum 3 Years’ experience in a similar role

Click here to apply for the Procurement Administrator job.


Procurement and Supply Chain Lead – Tete, Mozambique

Our client, an International Agriculture concern is looking to hire a Procurement & Supply Chain Lead to be based in Tete, Mozambique.  The incumbent will ensure the most cost effective and efficient supply of goods, inputs and capital requirements to the various divisions and projects within the company including the Agronomy Department from a list of vetted and compliant suppliers.

Requirements: Qualification and Skill

  • Degree in Procurement or Supply Chain
  • Minimum 10 Years’ experience in a similar role

Click here to apply for the Procurement and Supply Chain Lead job.


Warehouse Store Manager – Tete, Mozambique

Our client, an International Agriculture concern is looking to hire a Warehouse Store Manager to be based in Tete, Mozambique.  The incumbent will assist in the management, monitoring and overseeing all the company stock requirements.  To ensure the continuity of supply of consumable goods for both the Factory and Agronomy whilst determining the most economic and practical reorder levels.  The successful candidate will ensure the smooth running of the department operations which include the receiving, the stock management and issuing aspects of the Stores function.

Requirements: Qualification and Skill

  • Degree/ Diploma in Purchasing and Supply
  • Minimum 5 Years’ experience in a similar role
  • Experience with managing a large warehouse

 

Click here to apply for the Warehouse Store Manager job


Strategy and Business Intelligence Manager – Tete, Mozambique

The incumbent works in an operational capacity directly with the Director; guaranteeing the implementation of Agronomy’s digital strategic agenda.  He/she will focus on converting and analysing the Agronomy Big Data available into the right data to enable quick review by Executives.  As the Agronomy Business Owner, the incumbent will liaise with IT regarding the different agronomy systems.

Requirements: Qualification and Skill

  • Degree in Agronomy or Business Management
  • Post graduate course in Data Analytics
  • Fluency in business intelligence tools, such as Power BI, is required
  • Fluency in MSQL database design and management
  • Advance MS Office user skills
  • Basic knowledge of web applications design

Click here to apply for the Strategy and Business Intelligence Manager job


Looking for more jobs in Africa? Click here for our latest jobs in Africa