DESCRIPTION

Background

Africa50 is a pan-African infrastructure investment platform and asset manager that contributes to Africa's growth by developing and investing in bankable projects, catalyzing public sector capital, and mobilizing private sector funding.

The Africa50 Infrastructure Acceleration Fund (IAF) is a new pan-African Infrastructure Fund established with a vision to positively contribute to economic growth and development of the African continent, and a goal of investing profitably, responsibly, and sustainably in infrastructure projects and services. The Fund is sponsored by Africa50, anchored by African institutional investors, and is targeting like-minded Investors whose interests and investments in Africa are aligned. The Fund is independently managed by an experienced Investment Team, with an Investment Committee deeply rooted in Africa and with strong expertise on the continent.

The Fund is intended to be a 12-year closed-ended fund targeting US$500 million of capital commitments to be raised over multiple closings, and investing in target sectors including power, transportation, ICT, midstream gas, healthcare infrastructure, and education.

Objective of the Internship

This internship allows you to be a part of the growth story of a dynamic and growing pan-african organization. You will learn the fundamentals of infrastructure project finance and improve your financial modelling skills, within an entrepreneurial environment. Interns are fully integrated in the team and have the opportunity to participate in all aspects of projects.

Main Responsibilities

The Intern will support the members of the Investment Team and gain first-hand experience in African private equity. The main tasks will include:

• Industry and company research
• Financial modelling and analysis
• Transaction and due diligence support
• Portfolio company monitoring
• Preparation of presentation materials and investment memos

CANDIDATE PROFILE

Required background

The IAF team is seeking undergraduate and graduate candidates:

• Fluent in English (French is a plus)
• Prior experience in investment banking/private equity and/or strategic consulting, infrastructure fund, transaction advisory
• Previous private equity experience is preferred, but not required

Essential Qualities

• Positive attitude
• High integrity
• Strong work ethic – this role will regularly require late nights/weekends/travel
• High initiative
• Clarity of thought and action

Knowledge, skills and experience

• Interest in IAF’s mission, strategy and values
• Demonstrated interest / experience in emerging markets, and specifically Africa
• Strong financial modeling and company valuation
• Strong analytical skills
• Excellent written and verbal communication skills (in English, French a plus)
• Strong inter-personal skills, ability to interact effectively with partners and colleagues
• Culturally sensitive, able to relate to people of diverse backgrounds

Duration And Location

• 6-month internship offered, from July 1st to December 31, 2025
• Position based in Casablanca, Morocco with flexible working arrangements and possible travel within Sub-Saharan Africa

Application

If you are interested in this position, apply here.

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