Senior Investment Associate, Project Development
- Location : Casablanca, Morocco
Description
Africa50 is a pan African 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$870 million so far from 30 African governments, the African Development Bank, and institutional investors, and intends to reach a target capitalization of US$3 billion. Africa50 has an independent investment process and seeks to generate commercial risk adjusted returns for its investments across four core infrastructure sectors : energy (including power generation and related parts of the value chain), midstream gas, transportation, ICT, health and education.
Purpose of Role
The Senior Investment Associate role 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 knowledgeLead the structuring of project development and equity investmentsParticipate and / or lead negotiations with sponsors, lenders, and public authoritiesLead Africa50’s contribution to the development of projects in the portfolio with a strong focus on achieving bankable projectsHave a good understanding of project and concession financing and policy issuesPrepare project-related documents for internal and external audiencesBuild and maintain strong relationships with local / regional / global / infrastructure companies, banking and multilateral partners, and government officialsDevelop a thorough knowledge of the power and transport sectors, including market major operators and technologiesContribute to supervising portfolio companies.Candidate Profile
Required background
6 to 10 years’ investment and industry experience in project development, investment and / or project finance in the power and / or transport sectors within : a utility / concessions company the project finance / infrastructure / power department of a Tier 1 international investment bank the infrastructure department in a Development Finance Institution the infrastructure / PPP department of a transaction / financial advisory firm an infrastructure private equity fund with exposure to early to mid-stage project developmentMBA, MSc or equivalent qualification from a Tier 1 universityProject management experienceSolid understanding of Concession agreements, PPA, EPC, O&M contractsDemonstrated track record of closing transactionsAwareness of the latest trends and developments in financing infrastructureEssential Qualities
Positive attitudeIntegrityIndefatigable work ethic – this role will regularly require late nights / weekends / travelSelf-starter. High initiativeClarity of thought and actionKnowledge, Skills, and Experience
Interest in Africa50’s mission, strategy and valuesStrong connection to Africa and intent to have Africa-focused careerStrong understanding of the power and transport sectorsStrong understanding of PPP project structuring and project financeStrong business development and client relationship skills, track record and ability to focus on clients’ needs effectively and identify potential business partnersExcellent written and verbal communication skills in English, Fluent in French, Portuguese a plusStrong inter-personal skills, ability to interact effectively with sponsors, partners and colleagues from various cultural backgrounds; living experience in emerging countries is a plusPrior knowledge of African infrastructure and relationships in Africa are a strong plusLocation
The role will be based in Casablanca.
