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 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 market major operators and technologies Contribute 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 development
MBA, MSc or equivalent qualification from a Tier 1 university 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 – this role will regularly require late nights/weekends/travel 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 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
The role will be based in Casablanca.
How to Apply
If you are interested in this position,
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