Investment Associate, Project Development

About the role

Africa50 is a pan‑African infrastructure investor and asset manager seeking an Investment Associate to lead project development activities in the power and transport sectors. Based in Casablanca, the role involves sourcing, structuring and executing investments across the continent, with regular travel to project sites.

Key responsibilities

• Build and manage pipelines of investment opportunities using sector and market knowledge.
• Structure project development and equity investments, including financial modelling and valuations.
• Coordinate due‑diligence across financial, commercial, legal, technical and ESG domains.
• Lead negotiations with sponsors, lenders and government entities.
• Drive portfolio projects toward bankability and prepare documentation for internal and external stakeholders.
• Cultivate relationships with infrastructure companies, banks and government officials.
• Supervise portfolio companies and mentor junior staff.

Required profile

• 6–10 years of experience in project development, investment or project finance within power or transport sectors.
• Background in utilities, investment banks, DFIs, advisory firms or infrastructure private‑equity funds.
• Project‑management experience and a solid understanding of concession agreements, PPAs, EPC and O&M contracts.
• Proven track record of closing transactions.
• Bachelor’s degree from a top‑tier institution; MBA or MSc preferred.
• Advanced financial modelling capabilities.
• Fluent in English; French essential, Portuguese beneficial.
• Prior African infrastructure sector knowledge and existing networks are a plus.

Required skills

• Financial modelling
• Valuation
• Project finance