sharing in governance of extractive industries
In search of a Woman Non-Executive Director:
CDC Group plc, the UK’s DFI, alongside the Aga Khan Fund for Economic Development (AKFED) and its industrial and infrastructure development arm, IPS, has launched a new African power platform with 325MW of operational assets today, aiming to boost power generation in sub-Saharan Africa, accelerating economic growth and impacting millions of people in the region. The joint venture will pool the existing electricity production infrastructure owned by AKFED and IPS that currently provides power for millions of people in Uganda and Kenya – the 250MW Bujagali hydropower project in Uganda, which was the largest IPP by financing size in sub-Saharan Africa until 2015 and has been called sub-Saharan Africa’s most successful PPP, and Tsavo Power, a 75MW HFO plant which was the first internationally tendered IPP in Kenya in the 1990s.The Board of the newly formed Joint Venture will have three representatives from AKFED/IPS (including the Chairman) and two representatives from CDC. This non-executive director role will be a CDC appointment.Key focus for the Non-Executive Director role will be to guide on development expenditure, phasing / timing and driving the right areas of focus for the power platform.Role RequirementAll candidates applying to this role should have the following credentials:Experience of power development is required in order to be able guide on development expenditure, phasing / timing, areas of focus and so onSector-specific Investment ExperienceHydro project experience and/or rural/mini-grid experience is desired but not essentialExperience of emerging markets power is required and ideally in Sub-Saharan AfricaPrior board-level experienceInterest in development impactCandidates must also be able to commit to the time and effort required for the role, including outside of formal board and committee meetings.Please get in touch if you know an exceptional woman who fits this criteria.