Employment Nigeria
31-Dec-2016
AFRICA ,
Banking and Finance
Internship
The African Export-Import Bank (Afreximbank) is a Multilateral Financial Institution established for the purposes of financing and promoting intra and extra African trade. The shareholders comprise African governments, African private and institutional investors as well as non-African private and institutional investors.
The Bank was established under the twin constitutive instruments of an Agreement signed by member states and multilateral organizations which confers the status of an international organisation on the Bank, as well as a charter, governing its corporate structure and operations and signed by all shareholders.
The Bank is headquartered in Cairo, Egypt and currently operates branches in Harare, Zimbabwe (opened in November 1996); in Abuja, Nigeria (opened in January 2003); in Abidjan, Ivory Coast (opened in 2015) and Nairobi, Kenya (in 2015). More details can be found on our website www.afreximbank.com
POSITION : INTERN
Location: Cairo, Egypt
The Bank recognises that as part of its mandate to promote and finance trade in Africa, it needs to facilitate a broader understanding of the problems of African trade and trade finance as well as the principles of trade finance, and especially structured trade finance, which is its operating model. By offering good students a chance for an internship with the Bank, it is expected that they will leave with a better knowledge of the Bank’s mandate and operating model, which they will put to use as they develop their careers, no doubt with direct benefits to the Bank and generally, to trade in Africa. It is also expected that the interns will also contribute fresh and diverse ideas to the operations of the Bank. The Internship is open to students who are nationals of the Bank’s member countries a list of which is available on the Bank’s website. The programme attracts a lot of highly qualified candidates. Entry into the programme based on merit.
The programme is open to students who are :
The internships are offered for up to a maximum of six months twice a year (June and December). Applications for internship are received throughout the year.
The Bank is only able to take two candidates in each season, making a total of four interns per year, unless specifically approved by the President. Only successful candidates are contacted.
Applicants are required to complete an online internship application form via this link
along with the following:
Once accepted, successful candidates will be given two weeks within which to accept a conditional offer from the Bank, or else it will expire. During this period, they will be expected to show evidence of the possession of medical insurance and group personal accident cover that is valid in Egypt (or their given internship location) during their period of internship. Failure to provide this before the start of the internship will lead to automatic withdrawal of the offer.
Interns will be expected to start their internship within the first month of each internship season.
On commencement, interns will be taken through the Bank’s normal induction process and then attached to a particular primary department, whose Head of Department will select a mentor for them during their internship period. However, through the period of their internship, they will be rotated around the various departments of the Bank as deemed fit by their mentor and Head of department.
At the end of the internship, candidates will be expected to write a report on what they have gained from the internship and how they intend to use this knowledge to promote intra and extra African trade.
Interns are expected to take care of their own upkeep during their internship programme including accommodation, meals, transport, clothing, medical and group personal accident insurance.
However, the Bank will, on gratis terms, provide the following to successful interns:
The hotel accommodation costs cannot be exchanged for cash;
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