Senior Investment Associate, Project Development (AGIA)

Description

AGIA is a project development fund managed by Africa50, which aims to support the development of green infrastructure projects across Africa. It mobilizes public and private sector investments to support projects in renewable energy, climate resilience, sustainable urban development, and other sectors that promote economic growth and environmental sustainability.

Africa50 is an infrastructure investor and asset manager that contributes to Africa's growth by developing and investing in bankable projects, catalysing public sector capital, and mobilizing private sector funding. 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.

Purpose of the Role

The Senior Investment Associate is to identify and execute on project development investments.

Principal Responsibilities

Participate in the development of a strong pipeline of opportunities by anticipating market trends and employing sector / sponsor / country knowledge

Lead the structuring of project development and equity investments

Participate and / or lead negotiations with sponsors, lenders, and public authorities

Lead Africa50’s contribution to the development of projects in the portfolio with a strong focus on achieving bankable projects

Have a good understanding of project and concession financing and policy issues

Prepare project-related documents for internal and external audiences

Build and maintain strong relationships with local / regional / global / infrastructure companies, banking and multilateral partners, and government officials

Develop a thorough knowledge of the power and transport sectors, including major market operators and technologies

Contribute to supervising portfolio companies

Candidate Profile

Required background

8 to 12 years’ investment and industry experience in project development, investment and / or project finance in the power and / or transport sectors within :

a utility / concessions companythe project finance / infrastructure / power department of a Tier 1 international investment bankthe infrastructure department in a Development Finance Institutionthe infrastructure / PPP department of a transaction / financial advisory firman infrastructure private equity fund with exposure to early to mid-stage project development

MBA, MSc or equivalent qualification

Project management experience

Solid understanding of Concession agreements, PPA, EPC, O&M contracts

Demonstrated track record of closing transactions

Awareness of the latest trends and developments in financing infrastructure

Essential Qualities

Positive attitude

Integrity

Indefatigable work ethic

Self-starter

High initiative

Clarity of thought and action

Knowledge, Skills and Experience

Interest in Africa50’s mission, strategy and values

Strong connection to Africa and intent to have Africa-focused career

Strong understanding of the power 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, Fluent in French, Portuguese a plus

Strong interpersonal 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

The position will be based in Casablanca,with flexible working arrangements.

Application