Investment Director, Project Development (AGIA)

* Location: Casablanca, Morocco

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 Investment Director’s role is to originate, negotiate, develop, close and manage Africa50 PD projects. She/he is expected to provide leadership, management and technical support to the project teams to ensure the successful development of bankable projects.

Principal Responsibilities

* Develop a strong pipeline of opportunities by anticipating market trends and employing sector/sponsor/country knowledge
* Execute and supervise AGIA-PD investments with a strong focus on achieving bankable projects
* Lead the structuring of complex transactions, including negotiations with sponsors, lenders, and public authorities
* Set standards for thoroughness and provide quality control over the entire investment process
* Lead the development and presentation of investment recommendations
* Lead and manage project teams; mentors and develop junior staff.
* 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

Candidate Profile

Required Background

* Hold 10+ years investment and industry experience in project development, investment and/or project finance, in the power and/or transport sectors within:
* a utility / concession company
* the project finance / infrastructure / power department
* the infrastructure department in a Development Finance Institution
* the infrastructure / PPP department of a transaction / financial advisory firm
* an infrastructure private equity fund with significant exposure to project development

* MBA, MSc or equivalent qualification
* Demonstrated track record of closing complex infrastructure transactions
* Prior experience of mentoring and managing investment staff

Essential Qualities

* Positive attitude
* Integrity
* Indefatigable work ethic
* Self-starter / self-motivated
* 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 infrastructure sectors (which may include power, transport, ICT, water etc.)
* Strong understanding of PPP project structuring and project finance (incl. Concession agreements, PPAs, EPC, O&M contracts)
* Awareness of the latest trends and developments in financing infrastructure
* 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 and French, Portuguese is a plus
* Strong interpersonal skills, ability to interact effectively at a senior level and create sufficient trust and confidence 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

Position is based in Casablanca, Morocco, with flexible working arrangements.

Application

If you are interested in this position, Click here to apply.

We thank all applicants for their interest; however, only those selected for an interview will be contacted.