Investment Analyst, Principal Investment 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 has raised over US$1 billion so far from 33 African countries, the African Development Bank, two African Central Banks and Africa’s largest pension fund. Africa50 has an independent investment process and seeks to generate commercial risk adjusted returns for its investments across key infrastructure sectors: Energy (including power generation and related parts of the value chain), Midstream gas, Transportation, ICT, Health infrastructure, Education and Fintech.
Africa50’s Principal Investment Fund team mandate encompasses three critical roles: (i) making direct equity investments on a minority basis in late-stage infrastructure projects and growth platforms across Africa; (ii) sponsoring, seeding and managing investments in Africa50 sponsored funds (e.g., the Africa50 Infrastructure Fund); and (iii) seeding investment companies to underwrite specific sector strategies e.g., gas midstream. The team partners with sponsors and developers to structure and execute transactions in sectors such as power, midstream gas, transport and digital infrastructure, delivering sustainable impact and competitive returns. The relatively small size of the team offers Interns the opportunity to work closely with senior members of the firm and to have interactions with management teams and external advisors.
Purpose of the Role
The Investment Analyst is expected to contribute at every stage of the deal life cycle from deal origination to deal execution and portfolio management, in the context of both direct and indirect investments. This will entail conducting market and company research, screening potential investments, preparing financial models and investment memoranda and undertaking periodic valuation of portfolio companies.
Principal Responsibilities
Conduct industry, market, and company research
Screen compelling investment opportunities
Prepare rigorous financial analyses and build financial models to support investment decisions
Prepare investment memoranda and other materials for internal and external audiences
Provide live deal support on deal execution, including overseeing multiple due diligence workstreams and participating in investment negotiations
Ensure portfolio companies maintain high environmental, social and governance standards
Monitor the performance portfolio companies and analyze potential exit opportunities
Candidate Profile
Required background
- 2 to 3 years of experience in investment banking (M&A), project finance or private equity
- Knowledge of the power, midstream gas, transport or digital infrastructure sectors
- Bachelor's degree in Finance, Economics, Business, Investment Management, International Development or a related field; Master's degree is an advantage.
Essential Qualities
- Excellent analytical ability
- High integrity
- Strong work ethic
- High levels of personal initiative and urgency
- Alignment with Africa50’s mission, strategy and values
- Flexibility/adaptability to a fast-growing organization
- Positive attitude
Knowledge, skills and experience
- Strong financial modeling and analytical skills
- Solid background in accounting, finance and valuation
- Superb organizational skills and ability to multitask while maintaining attention to details
- Strong interpersonal skills: able to interact effectively with sponsors, partners, and colleagues
- Culturally sensitive and able to relate to people of diverse backgrounds
- Demonstrated experience or interest in the infrastructure space in Africa
- Excellent written and verbal communication skills in English (French a plus)
Location
The position will be based in Casablanca, Morocco with remote working arrangements.
Application
If you are interested in this position, Click here to apply.
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.