World Bank new Vacancy 2024  

World Bank new Vacancy 2024 Home to an estimated 124 million people, Ethiopia is the alternate most vibrant nation in Africa and one of the fastest- growing economies in the region, with an estimated 6.4 growth rate in FY2021/ 22. World Bank new Vacancy 2024 invites qualified employee for the following vacant position  

Position 1: Operations Officer  

Job# req29699  

Organization World Bank  

Sector Operations  Grade GF  

Term Duration 3 years 0 months  

Recruitment Type Original Recruitment  

Location Addis Ababa, Ethiopia  

Required Language (s) English  

Preferred Language (s)  Closing Date 10/23/2024( MM/ DD/ YYYY) at 1159 pm UTC  

Description  Eastern and Southern Africa (AFE) Region  

Home to about 700 million of Africa’s people, Eastern and Southern Africa is a geographically, culturally, and economically different region of 26 countries stretching from the Red Sea in the North to the Cape of Good Hope in the South. Children under 18 make up almost half of the total population. The subregion boasts of some of the world’s richest  mortal and natural resources and apart from South Africa, the countries are predominantly raw material exporters. The subregion harbors some of Africa’s protracted conflicts, rendering  numerous of its countries fragile, while significant gaps in education, health, and skills development continue to keep people from reaching their full potential. This creates a huge development challenge, heavily impacts people’s lives and livelihoods, and hinders indigenous integration and trade. But it also creates an opportunity to work closely with country leaders, civil society, development partners, and  youthful people to chart a brighter course for the future.  The World Bank’s Eastern and Southern Africa Region, comprised of approximately  1,260 staff, mostly grounded in 26 country  services, has been helping countries realize their considerable development potential by focusing on the following priorities- Creating Jobs and Transforming Economies, Building up the Digital Economy, Institutions more Effective and responsible, Investing in People, Supporting Climate Change Mitigation and Adaption, Addressing the Drivers of Fragility, Conflict, and Violence, and Building Partnerships and Working across the African Continent. We're scaling up our work on indigenous integration, taking a holistic view of the continent that covers both North andSub-Saharan Africa.  Are you ready to make an impact? We're looking for  devoted professionals to join our innovative and different team to improve people’s lives and help countries.  

COUNTRY MANAGEMENT UNIT( CMU) CONTEXT  

The Ethiopia, Eritrea, South Sudan, and Sudan team( AECE3) provides a wide range of  fiscal, knowledge, and convening services to help address our country’s most complex development issues. The CMU comprises a diversity of  customer countries and portfolios. The CMU manages two active country offices in Addis Ababa( which serves Ethiopia, Eritrea, and Sudan), and in Juba, with over 160 AFE indigenous mapped staff and hundreds of consultants. The management  platoon comprises the Country Director, the Operations Manager, the Sudan Country Manager, and Program Leaders( all based in Addis Ababa), as well as a South Sudan Country Manager based in Juba and a Senior Country Officer in Washington, DC.  

COUNTRY CONTEXT  

Ethiopia Home to an estimated 124 million people, Ethiopia is the alternate most vibrant nation in Africa and one of the fastest- growing economies in the region, with an estimated 6.4 growth rate in FY2021/ 22. Ethiopia had previously enjoyed periodic growth of nearly 10 per year over a 15- year period until 2019, driven by a state- led model involving large public investments in agriculture, enabling infrastructure, and manufacturing. Public investments averaged over 15 of GDP over that time and were financed by external debt and by domestic and diaspora savings. GDP growth slowed beginning in 2019 to around 6 per year due to multiple shocks, including COVID- 19, a series of failed rains in the country’s lowlands, and conflict, particularly the severe fighting in the country’s North in 2020- 2022. With inflation running at over 30 for  further than two years, a high risk of debt distress, limited reserves, and an overvalued original currency, Ethiopia faces significant macroeconomic challenges. The consistently high  profitable growth until 2019 resulted in overall positive poverty reduction trends in civic and  pastoral areas. The share of the population living below the public poverty line decreased from 30 in 2011 to 24 in 2016, and  mortal development indicators also improved. However, gains are modest when compared to other countries that saw fast growth, and inequality has increased in recent years. The multiple shocks since 2019 have stalled progress on poverty reduction, negatively impacted  mortal capital, and sharply increased food insecurity. Over 20 million people are now estimated to need  philanthropic  assistance. The government has embarked on reforms to transition from a state- led model to a facilitating a more private- sector driven approach. It launched a Home-overgrown Economic Reform Agenda in 2019 and a HGER Agenda 2.0 in 2023- 4, signaling that it'll follow through with deep reforms to address macroeconomic distortions and drive growth. The government has also formulated a 10- year Development Plan for 2029/30. The plan aims to foster efficiency and introduce competition in  crucial growth- enabling sectors( including energy, logistics, and telecoms) and improve the business climate. The World Bank Group’s strategic focus is to assist Ethiopia in forging a more inclusive and sustainable growth path, supporting the objectives of the Home-overgrown Economic Reform Agenda and the 10- Year Development Plan. The WBG’s wide- ranging engagement in Ethiopia’s reforms and development is underpinned by a  public portfolio of 34 operations totaling US$ 14B in commitments together with 12 Ethiopia components of indigenous operations totaling US$ 2.6 B in commitments. For  further information, visit https// www.worldbank.org/en/country/ethiopiaSouth Sudan  South Sudan became independent on July 9, 2011. However, outbreaks of civil war in 2013 and 2016,  patient subnational violence, and political contestation have underminedpost-independence development gains and  boosted being  philanthropic   requirements. further than a decade after independence, South Sudan remains impacted by fragility,  profitable recession, and instability. Poverty is ubiquitous, exacerbated by conflict, displacement, and external shocks.  The signing of the Revitalized Agreement on the Resolution of the Conflict in the Republic of South Sudan( R- ARCSS) in September 2018 and the formation of a Transitional Government of National Unity in February 2020 have contributed to recovery and peacebuilding. A series of encouraging reforms have been undertaken to support longer- term stability and development outcomes, and a two- year extension of the R- ARCSS to February 2025 to allow the government to meet  crucial milestones in the peace agreement. The Government recently announced the postponement of the December 2024 elections in favor of a two- time extension of the Transition Period citing the need to complete critical implementation tasks set out in the R- ARCSS. For information, visit https://www.worldbank.org/en/country/southsudanSudanThe country experienced a major political transition in 2019, precipitated by a popular revolution that led to the dismissal of the  former regime of Omar Al- Bashir after 30 years in power. A transitional government( TGOS) was formed in August 2019, jointly comprised of military and mercenary elements.

The World Bank and the  transnational community adopted a high- risk/ high- reward approach as described in the FY21- 22 Country Engagement Note( CEN), calling for the World Bank to “  spare in ” in recognition of the generational opportunity to contribute to stability and growth in the country. After three decades of isolation from the  transnational community, in March 2021, Sudan was  suitable to clear its arrears to IDA opening the door to full reengagement with the World Bank and reaching HIPC Decision Point in June 2021. Approximately$ 2 billion in grants were mobilized during IDA19, including$ 1.25 billion from the FCV Envelope Turnaround Allocation( TAA) and$ 50 million from the Crisis Response Window. still, escalating tensions between component parts of the government culminated in a military takeover in October 2021. A political deadlock prevailed between domestic stakeholders in the military and broader security apparatus, fortified groups, political parties, and civil society until April 2023, when a failed political process saw an explosion of conflict between the Sudanese Armed Forces( SAF) and the Rapid Support Forces( RSF). For information, visit https://www.worldbank.org/en/country/sudanEritreaEritrea’s recent growth performance has been marked by significant volatility in part due to its dependence on a predominantly rain- fed agriculture sector, accounting for about one- third of the economy( and which has a significant impact on distribution services, which account for around 20 of gross domestic product( GDP), and on a narrow mining sector which also accounts for 20 of the economy.

For information, visit https://www.worldbank.org/en/country/eritrea

UNIT CONTEXT  

The successful candidate is expected to play a significant role in supporting the CMU in delivering the overall work program. The Operations Officer will be grounded in Addis Ababa and will report to the Operations Manager and will be an integral member of the CMU operations team.  

ROLES AND RESPONSIBILITIES