JOB ADVERTISEMENT

Job Title: National Business Development Technical Assistant and Advisor

Organization: Luxembourg Development Agency

Duty Station: Kigali, Rwanda

Application Deadline: 9th July 2024

Start Date: 1st September 2024

Contract type: Limited, full-time

Contract length: 54 months

Submit: LuxDev Human It System

Background
LuxDev, the Luxembourg Development Cooperation Agency, is responsible for formulating and implementing bilateral development cooperation programs and projects for the government of Luxembourg. The agency’s staff consists of approximately 140 employees at headquarters, in our country offices, and 400 employees involved in the 50 projects and programs spread across 12 countries of intervention within the Luxembourg Cooperation.

In September 2022, LuxDev opened a Representative Office in Rwanda in response to the new cooperation objectives established by both countries. The primary sectors and themes of intervention include innovative and inclusive finance, sustainable development, and the fight against climate change, as well as skills development and youth employment.

In this regard, LuxDev/Rwanda is seeking to recruit a Finance and Accounting Officer for its projects/programs.

The financial sector in Rwanda is driven by the country’s vision to enhance domestic savings, establish itself as an international financial service centre, and achieve sustainable development goals outlined in Vision 2050.

The ‘Support to the development of the Kigali International Financial Centre (KIFC)’ project aims to support Rwanda its ambition to become the leading financial centre across Africa through skills development, promoting sustainable finance, supporting SMEs, and encouraging fintech innovation.

Place of Work
The National Business Development Advisor will be working for the Luxembourg Development Agency (LuxDev) and will be embedded in Rwanda Finance Ltd (RFL), who is the main implementing partner for the project.

LuxDev implements projects in partner countries based on the 2030 Agenda and Luxembourg’s General Cooperation Strategy.

RFL is the agency promoting and developing the Kigali International Financial Center (KIFC), to position Rwanda as a leading financial services hub for the region and Africa.

Role
The National Technical Business Development Advisor reports to the Chief Technical Advisor for the project and is responsible forL

Planning, preparation, implementation and monitoring of the below activities with the partner institutions:
RFL attracts more sustainable VC/PE funding for Rwanda
The setup of a FinTech hub to support FinTechs to scale and attract investment
BNR creates an enabling regulatory environment for the creation and expansion of FinTech companies with a focus on open finance
The Private Sector Foundation supports MSMEs to grow and access capital
Selected financial institutions offer innovative solutions adapted to the needs of MSMEs
Collaborate closely with partner organisations such as the National Bank of Rwanda, Rwanda Finance Ltd, the Private Sector Federation, the ICT Chamber, and Access to Finance Rwanda.
Collaborate closely with stakeholders from Luxembourg such as ADA (Appui au Dévelopment Autonome), the Commission de Surveillance du Secteur Financier (CSSF), the Luxembourg House of Financial Technology to leverage their expertise for the project and create deeper financial ties between Rwanda and Luxembourg.

Education and/or experience – mandatory or desirable
Master’s degree in business administration, applied economics or related fields / or comparable level of education in areas serving the position’s tasks and responsibilities
Minimum 5 years of professional experience related to business development
Familiarity with the ideation, incubation and acceleration of MSMEs of Rwanda
Familiarity with the financial technology ecosystem in Rwanda
Familiarity with the ecosystem of agribusinesses in Rwanda
Familiarity with attracting private equity and venture capital funds to Rwanda and investments in Rwandan companies
Proven knowledge of existing financing mechanisms for MSMEs in Rwanda
Experience in business development in other (East-African) countries is considered an asset