Senior Investment Analyst

About Africa50

Africa50 is a pan-African infrastructure investment platform founded to catalyze the development of commercially viable infrastructure projects across Africa. It was established by African governments and the African Development Bank with a focus on making investments that deliver sustainable economic growth, increase access to infrastructure, and improve quality of life throughout the continent. With its headquarters in Casablanca, Morocco, Africa50 works primarily in the energy, transport, ICT, midstream gas, healthcare, and water sectors. The organization seeks to raise private as well as public investment, aiming for a target capitalization of US$3 billion. Africa50’s approach integrates environmental, social, and governance (ESG) criteria into its investment processes.

About this Role

The Senior Investment Analyst at Africa50 will play a crucial role in the investment team, supporting the strategic goal of investing in bankable infrastructure projects across Africa. The role involves comprehensive financial analysis, investment research, and preparation of materials necessary for sound investment decision-making. The analyst is expected to cultivate a strong pipeline of opportunities, applying sector and geographical expertise to identify promising prospects. Responsibilities include involvement in all phases of the investment cycle, from origination through execution and portfolio management.

Responsibilities

• Prepare rigorous financial analyses and build financial models to support investment decision making
• Conduct industry, market, and company research
• Prepare investment memoranda and other materials for internal and external audiences
• Develop a strong pipeline of investment opportunities through anticipating market trends and employing sector/country knowledge
• Provide live deal support on deal execution
• Participate in all aspects of the investment cycle including origination, screening, due diligence, execution, disbursement, and portfolio management
• Participate in negotiations for investment documents (SHA, SPA, debt documents and other agreements)
• Produce investment materials based on a thorough understanding of several infrastructure sectors, including power, transport, midstream gas, ICT, healthcare, education and fintech
• Develop an investment thesis, understand risks and produce investment materials to propose an investment to an Investment Committee
• Participate in due diligence process and commercial, strategic, operational, financial and legal due diligence
• Assess ESG and impact aspects of an investment
• Work with portfolio companies to create value for shareholders

Requirements

• 2 to 4 years prior experience in investment banking, private equity, DFI or similar global finance institution
• Prior equity investment experience on live completed transactions
• Demonstrated academic excellence including a university degree from a Tier 1 institution
• Positive attitude
• High integrity
• Strong work ethic
• Willingness to travel regularly
• High levels of personal initiative
• Clarity of thought and action
• Flexibility / adaptability to a fast-growing organization
• Demonstrated experience in emerging markets, Africa a plus
• Understanding of the power, utilities, transport, and ICT sectors
• Understanding of project finance including deal structuring, project capital structures, and key documentation
• Strong financial modeling and analytical skills across subsectors (power, midstream gas, transport, communications / digital infrastructure)
• Excellent written and verbal communication skills (in English, French a plus)
• Strong interpersonal skills, ability to interact effectively with sponsors, partners, and colleagues
• Culturally sensitive, able to relate to people of diverse backgrounds; living experience in emerging countries is a plus
• Prior knowledge of African infrastructure and relationships in Africa are a plus

Benefits

• Flexible remote working arrangements
• Opportunity to work in a diverse and dynamic environment