Project Overview and Role:
The Kenya Feed the Future Private Sector Activity (KPSA) is a $48 million, USAID-funded, Palladium implemented project that will accelerate inclusive economic growth in Kenya through partnerships with large agricultural firms, health firms and other sectors. Using a systems approach, KPSA will provide a suite of customized, high-impact services that increase the productivity of firms such as SMEs, smallholders, Business Advisory Service Providers (BASPs) and Financial Institutions (FIs), increase market linkages, and mobilize finance to support targeted sectors. From 2024 – 2029, KPSA will use its Inclusive Growth Platform to mobilize $400 million in finance, create new jobs, increase exports and sales, and increase access to healthcare services.
The Blended Finance Director will design KPSA's blended finance work plan and strategy to integrate blended finance across range of technical activities and provide technical leadership on strategies to increase access to blended finance among Inclusive Growth Partners.
Location:Nairobi, Kenya
Roles and Responsibilities:
Define KPSA's blended finance workplan and strategy to integrate blended finance across a range of technical activities
Design a blended finance facility that combines grant funding with a diverse mix of capital to catalyze business growth
Provide technical leadership on strategy to increase access to blended finance amongst new and existing businesses
Present KPSA' blended finance services activities in meetings with public and private sector actors including GoK, non-governmental organizations, business associations, among others
Supervise implementing partners, sub-contractors, and grantees as they undertake tasks relating to blended finance services
Develop a comprehensive inventory of sources and mechanisms for blended finance and capital investment that best align with programmatic foci in Kenya
Travel to various regions of Kenya as needed
Any and all other project-related tasks as required by the Chief of Party, Deputy Chief of Party and Palladium HQ
Position Requirements:
Advanced knowledge of blended finance, financial services providers, and investors in Kenya
Robust networks within the Kenyan financial sector and development finance space
Proven track record improving businesses' access to finance, connecting businesses with potential investors, and improving business finance services
Experience designing and managing blended finance facilities targeted at the agricultural sector
Experience working on USAID or other donor-funded programs of a similar size
Excellent communications, organizational, and interpersonal skills
Knowledge of USAID policies, procedures, and reporting requirements preferred
Experience working for large donor organizations such as USAID preferred
Kenyan candidates are preferred
Written and oral proficiency in English required