The primary role of the Financial Sector Development Department
(OFSD) is to help the regional member countries (RMCs) increase reach
(e.g. financial inclusion), depth (e.g. financial intermediation), and
breadth of financial systems (e.g. capital market, cross-border
development).
The mission of the Department has four long-term
objectives: (i) development of a vibrant private sector through an
inclusive access by households and enterprises to financial services;
(ii) strengthening markets participants; (iii) developing efficient
capital markets, and (iv) deepening regional financial integration.
The Financial Markets Division (OFSD3) of OFSD will focus on projects
aiming to create more efficient financial markets and institutions
capable of mobilizing domestic savings and allocating scarce capital.
Because investment finance provided by the development community
supplies only a minute fraction of the capital used by private agents
across Africa, OFSD3 will endeavor to channel the Bank Group’s lending
resources in ways that develop national and regional capital markets.
Job Title: Senior Financial Markets Officer
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