National Consultant - Private Sector and Emerging/Innovative Financing

About the role

The Government of Uganda, with the support of its development partners, is undertaking an Integrated Development Financing Assessment and Strategy (IDFAS). This assignment supports the Government in assessing Uganda's development financing ecosystem and designing a roadmap that aligns public, private, domestic and international financing with national transformation objectives. The consultant works as part of a team of three, led by an international consultant, and reports directly to the Director, Debt and Cash Policy, Ministry of Finance, Planning and Economic Development.

Key responsibilities

• Contribute to the IDFAS methodology, analytical framework and sequencing of work.
• Lead the assessment of Uganda's capacity to attract, mobilize and retain private investment, including policy, regulatory, institutional and market reforms, covering the government securities market, the Uganda Securities Exchange listings pipeline, pension and insurance funds and the feasibility of green, social and sustainability bonds.
• Assess cost-of-capital constraints, sovereign credit risk, currency mismatches and feasible local currency financing, FX risk mitigation and credit enhancement options.
• Assess emerging and innovative financing instruments such as green, social and sustainability-linked bonds, debt-for-climate and debt-for-nature swaps, carbon market revenues under Article 6 of the Paris Agreement, diaspora finance and guarantee instruments.
• Lead the preparation of a financing intelligence resource mapping development partner and development finance instrument instruments, eligibility, terms and access routes, including climate finance windows.
• Support the development of a national strategy and implementation roadmap, including the private capital action plan, and lead stakeholder consultations and validation of outputs.

Required profile

• Master's degree in economics, development finance, public finance, international development, public policy, economic development, finance or a related discipline; a PhD is an added advantage.
• Minimum 10 years of relevant professional experience in development finance, integrated financing frameworks, public finance, economic policy, investment financing or related fields, including in Uganda.
• Proven experience supporting governments and international development organizations in financing assessments and strategy preparation, and advising Ministries of Finance, planning commissions, development banks and multilateral institutions.
• Experience in local currency capital markets, institutional investor regulation and green, social and climate finance instruments.
• Fluency in English; knowledge of French is an asset.