Type de consultant: Individual Consultant

Lieu de la mission: Abidjan, Côte d'Ivoire

Date de publication: 05-déc-2025

Date de clôture: 16-déc-2025

Domaine: 

Finance

The Agreement establishing the African Development Bank Group (the Bank) mandates that the Bank ensures loan proceeds are used economically, efficiently, and exclusively for their intended purposes. The Financial Control Department is responsible for ensuring the adequacy and appropriateness of disbursement arrangements and approving disbursement requests for financing provided or administered by the Bank.

The Bank employs four disbursement methods: Reimbursement, Special Account, Direct Payment, and Reimbursement Guarantee. These methods facilitate fund disbursement for sovereign and sovereign-guaranteed investment projects and programs financed wholly or partially by Bank Group resources, special funds, donor-funded trust funds managed by the Bank, and co-financing operations governed by Bank policies and procedures.

The Bank has identified operational risks associated with the high proportion of direct payments in its disbursement process, constituting approximately 95% of transactions. External auditors have raised concerns about the potential for errors due to the large transaction volume and have recommended a study to assess how to optimize the use of the Bank’s disbursement methods while maintaining fiduciary obligations. This study will explore strategies to enhance efficiency, streamline documentation, and benchmark best practices from other Multilateral Development Banks (MDBs).

Furthermore, the Bank’s internal auditors have noted that several recommendations approved by the Bank’s Operations Committee (OPSCOM) regarding the management of the Special Account method have not been implemented due to feasibility challenges. The Bank is now seeking to engage an individual consultant to conduct a study on optimizing its disbursement methods and processes in the evolving fiduciary landscape of its Regional Member Countries (RMCs).