UNCDF Internship (UN Capital Development Fund) is the United Nations Capital Development for local development finance, inclusive finance and the promotion of Women and Youth empowerment in the Least Developed Countries (LDCs) which main objective is to facilitate access to the public and private capital for the most underserved people.

Its expertise enables it to develop «last mile» financial models in areas where infrastructures, access to basic services, financial and non-financial services are lacking to unlock public and private resources at the national level.

The expected impact is to reduce poverty and encourage economic local development. UNCDF’s work is based on two approaches:

Financial inclusion – New technologies and saving-based approach allowing individuals, households and small businesses to better participate in the local economic development by providing the tools and financial services they need to escape poverty and manage their financial situations;
Localized Investments – Thanks to fiscal decentralization, innovative municipal financing and structural financing of projects –, which contribute to promote public and private financing to boost local economic growth and sustainable development.

UNCDF Internship Duties and Responsibilities

The intern will support the West and Central Africa office of UNCDF to implement the portfolio of projects for the achievements of its goals in various domains of its mandate.

These projects aim at boosting very small businesses namely in the whole agricultural value chain-, Public-Private Partnership (PPP) projects, to strengthen the capacities of Municipalities – particularly in rural areas – for the implementation of their mandate, namely with better access to financing, but also digital and mobile finance.

The achievement of these objectives will be possible through capacity building programs, the development of innovative financial mechanisms, and the identification, structuring and financing of projects with high local impact.

More specifically, the intern will support particularly UNCDF teams in the implementation and development of their programs by:

Providing analytical support for conducting research on financing local development and financial inclusion in the region;
Developing communication tools;
Providing support to organize framing/formulation and technical assistance missions;
Support the drafting of project/framing documents, technical reports, performance reviews and country annual reports;
Participating in working meetings and consultation with project stakeholders and writing and sharing of minutes;
Supporting UNCDF’s resource mobilization efforts

Working Arrangements

The intern will be based full-time at the UNCDF Regional Office in Dakar and Home-Based during COVID;
The intern will work under the supervision of the UNCDF Regional Technical Coordinator in WCA;
The position is open to candidates from all nationalities, Senegalese included;
Please note that internships are unpaid. UNCDF’s internal rules do not allow the organization to provide compensation for travel, remunerations and living expenses;
Please note that interns are not employees of UNCDF;
All costs/fees associated with the intern’s participation in the program must be borne by the intern.

• Demonstrated interest in rural/local development issues in sub-Saharan Africa;

• Excellent writing, analytical and research skills;

• Excellent communication skills (oral and written) and the use of social media and other online tools in French and English;

• Ability to take initiatives and work independently and in teams;

• Excellent computer skills (Word, Excel, Power Point).

UNCDF Internship Required Skills and Experience

Education:

Candidate must be enrolled in a degree programme in Management, Economics, Politics or another related field.

Applicants to the UNCDF internship programme must at the time of application meet one of the following requirements:

(a) Be enrolled in a graduate school programme (second university degree or equivalent, or higher) in management, economics, politics or similar studies; OR

(b) Be enrolled in the last academic year of a first university degree programme (minimum Bachelor’s level or equivalent) in a related field of study;

(c) Have graduated with a university degree (as defined in (a) and (b) above) less than one year before the beginning of the internship.

Language:
• Excellent knowledge of French and English (written and oral).

General Internships Terms & Conditions:

UNCDF Internship programme is governed by the UNDP Internship policy framework & rules.
Under the new revised UNDP internship policy, UNCDF will provide a modest monthly internship stipend to its interns, in accordance with the provisions of the UNDP Internship policy. All expenses connected with the internship will be borne by the intern or her/his sponsoring entity/institution. Stipends are available only for full-time/on-site inernships at this time.
Selected Interns must be able to share proof of education enrolment and/ or graduation, medical/ health and life/accident insurance, valid for the location in which the internship will be carried out and be able to provide insurance documentary proof at the time of their selection;
The purpose of the Internship Programme is not to lead to further employment with UNCDF but to complement an intern’s studies & learning growth
There is no expectation of employment at the end of these internships.