The Government of Malawi developed its National Energy Compact as part of Mission 300, a joint initiative led by the World Bank Group and African Development Bank Group. The Compact aims to expand electricity access, promote clean cooking solutions and increase the share of renewable electricity in the energy mix by 2030. Achieving these objectives will require significant investment, policy reforms and coordination between government, development partners and the private sector.
To coordinate and monitor implementation, the Government has established a Compact Delivery and Monitoring Unit (CDMU) within the Office of the President and Cabinet. We are recruiting a Financing and Fundraising Expert who will provide strategic advice on financing options, resource mobilisation, and financial structuring for Compact delivery. The expert will be required to design innovative financing models and engage development partners, DFIs, and private investors.
Tasks and Responsibilities
Develop financing strategies for Compact interventions across grid, off-grid, clean cooking, and utility reforms.
Facilitate the mobilisation of concessional finance, grants, and private capital to close financing gaps.
Structure blended finance instruments to reduce risks and attract investment.
Analyse project proposals and conduct financial due diligence for Compact-supported initiatives.
Support tariff reforms and fiscal measures required to sustain utilities.
Provide advice on PPP models, including structuring and negotiation of agreements.
Support the Ministry of Finance in aligning Compact financing with macro-fiscal frameworks.
Engage DFIs, climate funds, and development partners to unlock funding.
Advise on innovative financing models such as carbon credits and green bonds.
Monitor and report on the financial health of sector institutions, including ESCOM and EGENCO.
Develop risk mitigation strategies for foreign exchange exposure in energy projects.
Support pipeline development of bankable projects for Compact implementation.
Prepare financial progress reports for the Steering Committee and OPC.
Work with donors to ensure alignment of Compact financing with national priorities.
Provide training to CDMU and ministry staff on financial modelling and project structuring.
Requirements
Master's degree in Finance, Economics, Business Administration, or related field.
At least 8 years’ experience in project finance, investment banking, auditing, or DFI-funded programmes.
Knowledge of procurement and contracting under donor-funded programmes.
Strong understanding of Malawi’s macroeconomic context and fiscal constraints.
Demonstrated experience advising government on utility tariff reforms and financial sustainability.
Understanding of regional energy financing trends and opportunities.
Proficiency in relevant project management methodologies and tools
Must be a Malawi citizen
