Senior Investment Analyst, Project Development Fund
- Location: Casablanca, Morocco
Description
Africa50 is a specialist investor in African infrastructure, developing, de-risking and delivering projects to unlock growth across the continent.
Africa50 - Project Development operates at the front end of the investment cycle. It works with governments, public authorities, sponsors, developers, lenders, investors and technical partners to originate, structure, de-risk and advance projects toward investment readiness and financial close.
Within Project Development, the Transport and ICT vertical focuses on transport, logistics and digital infrastructure, including roads, bridges, railways, ports, airports, urban mobility, e-mobility, logistics platforms, regional corridors, digital connectivity, data centres, telecommunications infrastructure, fibre networks and other ICT-enabled infrastructure, as well as infrastructure asset recycling.
Purpose of the Role
The Senior Investment Analyst role is to contribute to the investment team by providing high-quality financial modelling, investment analysis, research and transaction support to enable sound investment decisions. The role is expected to independently own complex analysis and defined transaction workstreams, assess structuring options, coordinate due diligence, develop investment recommendations and support the execution of bankable projects.
Principal Responsibilities
Build, own and maintain complex project finance models including sensitivity analyses, cash flow projections, and scenario modelling.
Analyze key project assumptions, capital structures, financing requirements, returns and risks, and develop recommendations on project economics and investment structuring.
Support the screening of new opportunities against Africa50's mandate and risk-return requirements.
Assess project development and investment opportunities and recommend appropriate structuring options.
Conduct sector, country, market, company, sponsor and policy research to identify/assess investment opportunities.
Review project and transaction documentation and independently assess key commercial, financial, contractual and risk considerations, escalating material issues and developing recommendations as appropriate.
Participate in all aspects of A50’s project processing cycle from project development and structuring through investment approval, financial close and disbursement, with ownership of defined transaction workstreams and a focus on achieving bankable projects.
Coordinate due diligence processes across financial, technical, commercial, legal, and ESG workstreams including managing adviser deliverables, reviewing outputs, identifying key risks and mitigants, and following up on outstanding matters.
Support negotiations and stakeholder discussions with public authorities, sponsors, co-developers, contractors, operators, lenders, DFIs and other investors.
Prepare project-related documents for internal stakeholders (IC memorandums, briefing notes, board notes etc.) and external audiences (Ministerial briefing notes, MoUs, Investment proposals etc.).
Assist in supervising approved projects and portfolio companies, including monitoring financial and operational performance, investment risks, business plans and other relevant matters.
Support the investment team in non-core investment activities (marketing, corporate initiatives, recruitment, etc.).
Candidate Profile
Required background
Three (3) to five (5) years’ prior experience in infrastructure project development and/or project finance within:
- project finance / infrastructure / Tier 1 international investment bank / private equity with exposure to infrastructure sectors
- project or business development department of a Tier 1 power IPP or developer
- infrastructure department in a Development Finance Institution
- infrastructure / PPP department of a transaction / financial advisory firm
- infrastructure private equity fund with exposure to early to mid-stage project development
- Bachelor’s degree from a recognized university/Business school/Engineering school. MBA or MSc would be a plus.
Essential Qualities
Positive attitude
High Integrity
Strong work ethic – this role will regularly require late nights/weekends/travel
High initiative with the ability to manage priorities and work autonomously
Clarity of thought and action
Flexibility / adaptability to a fast-growing organization
Knowledge, Skills and Experience
Interest in Africa50’s mission, strategy and values
Strong connection to Africa and intent to have Africa-focused career
Good understanding of the ICT and transport sectors
Strong understanding of PPP project structuring and project finance
Strong business development and client relationship skills, track record and ability to focus on clients’ needs effectively and identify potential business partners
Excellent written and verbal communication skills in English. Proficiency in French is a plus.
High attention to detail and ability to work independently in a fast-paced environment.
Proven experience in financial modelling and valuation, drafting investment memorandum and supporting deal processes.
Strong inter-personal skills, ability to interact effectively with sponsors, partners and colleagues from various cultural backgrounds; living experience in emerging countries is a plus
Prior knowledge of African infrastructure and relationships in Africa are a strong plus
Location
Position is based in Casablanca, Morocco, with flexible working arrangements.
Application
If you are interested in this position, Click here to apply.
We thank all applicants for their interest; however, only those selected for an interview will be contacted.
At Africa50, we believe inclusive teams drive stronger and more sustainable impact. We are committed to equal opportunity and fair recruitment practices, and we welcome applications from individuals of all backgrounds. We strive to create a respectful, diverse, and inclusive workplace where everyone can contribute and grow.