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Summer Internship, icolo.io (Nairobi, Kenya)

Company

icolo.io has been established with the vision of building a Pan-African network of colocation data centers. icolo.io builds and operates state-of-the-art (Tier 3), vendor and carrier neutral data centers to serve a broad spectrum of clients, telecom carriers, ISPs and peering points, IT and cloud providers, content providers and corporates.

The company has hyper-connected data center hubs in their countries of operations. It will differentiate itself from providers of hosting services by being the first independent data center business to focus solely on colocation services (space, power availability licenses and physical interconnects). It is icolo.io’s objective to be the largest independent colocation data centre operator in Africa over the next five years.

10 Weeks Summer Internship Opportunity in Africa

icolo.io invites you to join us for a unique summer experience in Kenya for a duration of 10-12 weeks program. The opportunity is open to first year MBA students. The intern will work on tasks handling some of the most cutting-edge data center technologies. icolo.io is seeking a highly quantitative Summer Associate. This position may span across a wide range of analytical responsibilities. These include market research, forecasting and analysis for our revenue and business trends, and financial planning and analysis across our business operations. The role will function highly on finance, corporate development and research. Get insights, gain experience and get a chance to work in one of Kenya’s best data center startup by joining us this summer at our head-quarters in Kenya.

Responsibilities

  • Intern projects will be determined based on the experience and focused on finance, sales and business strategy

Qualifications

  • Must be pursuing a full-time MBA program
  • Willing to spend the summer in Kenya
  • Be able to complete a 11-12 week program in Kenya beginning in May or June 2018.

Preferred Qualifications

  • Interest in the technology industry in Africa
  • Demonstrated critical thinking skills and independent motivation.
  • Strong corporate finance skills
  • Report writing and business case development
  • Excellent project management, interpersonal and organizational skills
  • Analytical skills, and ability to solve highly strategic and difficult business problems

Offer

  • Accommodation
  • Air ticket
  • Visa sponsorship for international students

Interested applicants should e-mail Zainab Daham at zainab.daham@icolo.io

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Corporate Development Mgr, icolo.io (Nairobi, Kenya or Ebene, Mauritius)

Company

icolo.io has been established with the vision of building a Pan African net-work of co-location data centers. icolo.io builds and operate state-of-the-art (Tier 3), vendor and carrier neutral data centers to serve a broad spectrum of clients, telecom carriers, ISPs and peering points, IT and cloud providers, content providers and corporates.

The company has hyper connected data centre hubs in their countries of operations. It will differentiate itself from providers of hosting services by being the first independent data centre business to focus solely on co-location services (space, power availability licenses and physical interconnects). It is icolo.io’s objective to be the largest independent co-location data centre operator in Africa over the next five years.

Job Description

We are seeking a highly skilled Corporate Development Manager keen to work in a startup environment, understands data centers and technology, and wants to be part of a great story.

The role advises the CEO and senior leadership team on a range of topics including growth strategy, competitive analysis and future trends.The position is based in Nairobi, Kenya. This is a unique opportunity for individuals who are enthusiastic and passionate about the data center industry in Africa and have a drive to make a difference. We are looking for top performers seeking a high-impact, high-visibility position and the ability to influence the future course of icolo.io.

Responsibilities

  • Researches and analyzes the African data center industry, market segments, and business models. Evaluates the merits of alternatives and presents findings to executive management.
  • Responsible for underwriting and development of business cases to evaluate data centres, new market and/or new product opportunities.
  • Evaluates potential corporate development opportunities (e.g. by providing strategic due diligence, financial statement analyses, financial modelling, and returns analyses) and monitors existing strategic initiatives.
  • Collects, manages, and analyzes global competitive market data for the organisation to provide support and insight to the management team.
  • Identifies and interprets trends and patterns in datasets to locate influences.
  • Provides recommendations and strategic/tactical plans based on business data and market knowledge.
  • Creates specifications for reports and analysis based on business needs and data elements.
  • Supports activities for the development of strategic market and product line business cases to support performance and growth in target market segments.
  • Provides and delivers strategic data analysis, insights and presentations to senior leadership and functional teams.
  • Is able to build a sales pipeline of new customers who could be potential tenants of a new data center and follow up in converting sales leads into contracts.
  • Identifies, cultivates and analyzes qualitative and quantitative data in the external competitive market as well as from within the organization (e.g. financials) to sup-port business needs.
  • Updates data from multiple sources on a regular basis to provide information to management to make strategic business decisions.
  • Support, lead, and direct both quantitative and qualitative investment case analyses, including valuation (e.g. comparables, discounted cash flow, internal rate of return), projected synergy cases, and strategic rationale.
  • Guide and support business units in preparing and presenting investment cases, including board-level presentations.
  • Willing to travel in the region to build new opportunities for icolo.io for new builds of data centers in Africa. Be prepared to spend extended period of time in these countries.
  • Brand Ambassador for the company

Required Skills and Experience

  • 4+ years of relevant work experience with some experience in an investment bank-ing, private equity, cloud/data Center sales, management consulting, or corporate environment with meaningful acquisition and/or investment activity.
  • Experience would specifically include analyzing new business opportunities and participating in acquisition, strategic investment, partnership, alliance or other related types of discussions.
  • Demonstrated success in working with “C” level executives, senior business leaders and executives, and professional stakeholders, whether internal or external.
  • Strong managerial finance/accounting understanding is required.
  • Specific experience in new business case development, financial modeling, and execution is preferred.
  • Technology industry knowledge is a requirement.
  • Superior writing and verbal communication skills including developing presentations for executive audiences to communicate and achieve buy-in for strategic recommendations.
  • Education: BA/BS degree; MBA is a plus.

Interested applicants should e-mail Zainab Daham at zainab.daham@icolo.io.

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Summer Internship, Jospong Group (Accra, Ghana)

Overview

The Jospong Internship Program is a fully funded opportunity for Harvard graduate students and Harvard University and MIT undergraduate students to work for the Jospong Group of Companies in Accra, Ghana. The Jospong Group of Companies has several sectors of operation including waste management, banking and finance, information communications technology and mining. The program provides interns a unique opportunity to work for one of the fastest growing network of companies in Africa. Interns will gain invaluable experience working on challenging assignments and setting up systems for the sector they are selected to work in.

Each intern’s role is shaped by their field, skills, and strengths as well as the needs of the company at which they are placed. The internship typically requires an eight-week commitment in the summer.

Successful candidates are awarded a grant that covers travel expenses and a stipend to cover living expenses. Accommodation is provided by Jospong in Accra, in a hotel/conference facility.

Qualifications:

  • Graduate students in the following fields: business, law, public health, governance and policy making
  • Undergraduate sophomores and juniors majoring in engineering and applied sciences
  • Goal oriented
  • Problem solver
  • Strong interpersonal skills
  • Excellent writing and communication skills
  • Some work experience related to the sector of interest

Apply via carat. The following attachments will be required:

  • Current resume
  • Cover letter indicating up to three functional area(s)
  • Unofficial Transcript
  • One Recommendation letter

For any questions, contact the Student Support and Outreach Officer at nthatisiquella@fas.harvard.edu. MIT students should request XID number here to apply through carat

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Principal, Strategic Investments Fund, Bill & Melinda Gates Foundation (Seattle, USA)

Overview

  • $2.0 billion strategic investment fund seeks Principal with buy-side experience and belief in the mission of helping all people lead healthy, productive lives.
  • Location – Seattle
  • Please apply by sending your resume to vidya.vasu-devan@gatesfoundation.org by March 15, 2018.

Opportunity

In 2009, the Bill & Melinda Gates Foundation established a strategic investment fund with the mandate to use equity, debt and guarantee investment tools to further the philanthropic goals of the organization. The fund has become a leader in the “impact investing” industry successfully completing more than 60 investments across a variety of sectors and asset classes. The 10-person investment team is seeking a Principal-level individual to further grow the investment portfolio by leading thesis formation, deal origination, investment execution and investment management activities.

The individual will be a generalist, working across a number of the foundation’s strategic priority areas which include programs in global health, global development and US education. Investments are made in support of the charitable impact theses of the strategy teams which employ technical experts from around the world. 

It is expected that the Principal will focus on the following responsibilities:

  • Working closely with two or three program teams to deeply understand their strategies and partner with technical colleagues to form investment theses and source potential investments through active outreach and relationship-building with the entrepreneurial and investment communities;
  • Oversee 4-5 person deal teams that include colleagues from the program technical, legal and investment fund teams to evaluate opportunities, shape opportunities with companies and co-investors, determine appropriate investment structure, conduct due diligence and financial analysis;
  • Present investments to the Foundation’s Investment Committee;
  • Lead transaction negotiations and oversee legal documentation;
  • Manage portfolio investments through frequent interaction with company leadership (management, board, investors) and represent the Foundation as an observer to the board, ensuring progress against programmatic and financial benchmarks;
  • Ensure high-quality interactions and provide clear and consistent communications with internal and external stakeholders; and
  • Selectively represent and speak on behalf of the Foundation at relevant events and conferences.

We anticipate that the successful candidate will have strong financial transaction experience with a leading investment bank or corporate business development team and a deep interest in principal investing and belief in the foundation’s mission to drive innovative social impact. Candidates with experience at a venture capital, growth equity or leveraged buy-out fund where they were active in deal sourcing, execution and portfolio engagement are particularly encouraged to apply. Minimum five-years of applicable career and/or graduate school experience is required.

Bill & Melinda Gates Foundation

Guided by the belief that every life has equal value, the Bill & Melinda Gates Foundation works to help all people lead healthy, productive lives. In developing countries, it focuses on improving people’s health and giving them the chance to lift themselves out of hunger and extreme poverty. In the United States, it seeks to ensure that all people - especially those with the fewest resources - have access to the opportunities they need to succeed in school and life. The Foundation supports partners in all 50 U.S. states and more than 100 countries. With an endowment of $40 billion and total grant payments of over $41 billion, including $4.6 billion in 2016, the Gates Foundation is the world’s largest private foundation. The Foundation operates through five program divisions: Global Development, Global Health, Global Growth & Opportunity, Global Policy & Advocacy and the United States Programs.

Representative past investments from the fund, include:

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Snr. Associate Intern, Providence Public (Hedge Fund)

Firm Overview

Providence Equity Partners (“PEP”) is a leading global asset management firm with approximately $50 billion in assets under management and a broad range of investment strategies in private equity and credit platforms. Providence Equity, founded in 1989, makes traditional buyout, growth equity and growth buyout investments in North America, Europe and emerging markets focused in the media, communication, education and information sectors. In its 27 year history, Providence Equity has closed seven private equity funds, most recently PEP VII at $5 billion, and has invested in more than 150 companies. Providence Strategic Growth (“PSG”), formed in 2014, is a growth equity fund targeting software and technology-enabled service companies in the lower middle market. With a team of twenty-four investment professionals and four senior advisors, they have executed 21 portfolio company acquisitions on top of 72 add-on acquisitions representing $1.1bn in total capital invested. Benefit Street Partners, the firm’s growing credit affiliate, was founded in 2008 and currently manages approximately $25 billion in AUM. Providence Equity Partners is headquartered in Providence, RI and also has offices in New York and London.

Providence Public is a newly formed (first investment made June, 2017) fund investing in public equities. At present the fund manages internal capital – building a track-record ahead of a future external fund raise. The Providence Public team has its own investment process, which leverages PEP and PSG’s industry expertise.

Position Overview

Work directly with the portfolio manager of Providence Public in all areas of fund management, with responsibilities including but not limited to:

  • Assisting in due diligence of potential fund investments, including market assessment, competitive positioning and general business diligence
  • Participating in calls with management and industry consultants
  • Building financial models
  • Helping in the creation of memos for the Investment Committee
  • Assist in monitoring fundamentals / investment thesis at current portfolio companies
  • Work collaboratively as a member of Providence Public, vetting ideas with the portfolio manager and other members of PEP and PSG

Qualifications

  • At least 3 years of pre-MBA professional experience including experience at a private equity fund, hedge fund or long only asset manager or a combination of investment banking and the aforementioned experience
  • Track record of outstanding academic performance
  • Exceptional financial modeling, financial statement analysis and valuation skills
  • Highly motivated with strong interpersonal and communication skills

Qualified candidates should send their CVs to colleen.noble@provequity.com; applications will be accepted on a rolling basis.

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Consultant / Senior Consultant, Sahel Capital Advisors (Lagos, Nigeria)

Deadline: 5pm (GMT+1) on Friday 16th March 2018

About Sahel Capital Partners & Advisory Limited

Sahel Capital Partners & Advisory Limited (SCPAL) is a leading management consulting firm focused on the agricultural and nutrition sectors in Africa. We partner with government agencies, private sector companies and leading international development organizations to conduct research, analyze policies, develop strategies and implement programs that promote sustainable food security and improved nutrition. We have worked on a variety of projects across West Africa, including in Benin, Burkina Faso, Ghana, Mali, Nigeria, and Senegal.

Sahel provides a wide array of services including: Value Chain Analysis, Policy Analysis, Market Entry / Strategy Consulting, Agribusiness Training and Project Implementation

Role Description

The Consultant / SC position is for experienced practitioners with a passion for agriculture. Consultants and SCs have the opportunity to lead small engagements or workstreams as part of larger engagements with clients across the public, private and social sector and across multiple value chains to make a tangible impact to the agriculture and nutrition sector in Africa.

In this role, you will be required to fulfill the following primary responsibilities:

  • Ensure timely and high quality implementation of Sahel Capital-led projects, including planning, coordination of, and reporting of project activities.
  • Oversee the work of junior Sahel Capital employees and contractors to successfully deliver on projects’ objectives
  • Prepare PowerPoint and Word reports summarizing research and analyses and developing recommendations for the client.
  • Support senior management on other Sahel Capital initiatives as requested.
  • Led proposal writing and business development efforts

Minimum Qualifications & Requirements:

We are looking for candidates with a passion for agriculture exhibiting leadership skills, are driven, and self-starters. Below are key qualifications we are looking for:

  • Masters in Agriculture, Business, Economics or related discipline
  • At least 3-4 years of professional experience
  • Experience in overseeing teams
  • Strong program management skills and high level of analytical and problem solving skills
  • Excellent oral and written communication skills (both written and verbal), interpersonal and facilitation skills
  • Proficiency in Microsoft Office suite, including Word, Excel, PowerPoint and Outlook
  • Willingness to travel (required)
  • Past consulting or advisory experience is an advantage

Qualified candidates should send their CVs and Cover Letters to recruiting@sahelcp.com with subject: “Consultant / Senior Consultant” before 5pm (GMT+1) on Friday 16th March 2018.

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Summer Investment Associate, Sahel Capital (Lagos, Nigeria)

Deadline: 5pm (GMT+1) on Friday 16th March 2018

Company Description

Sahel Capital Agribusiness Managers Limited is a leading private equity firm focused exclusively on the Nigerian agribusiness sector and is fund manager of the Fund for Agricultural Finance in Nigeria (“FAFIN”), a US$66 million agribusiness focused private equity fund. For more information please view: www.sahelcp.com/sahel-capital-agribusiness-managers-limited/.

Job Description

Sahel Capital is seeking an outstanding candidate to work as a Summer Associate at our offices in Lagos, Nigeria. The Associate will work closely with Sahel’s investment team on a specific agribusiness project, while also assisting in all aspects of the investment process related to ongoing transactions. The Summer Associate will:

  • Conduct market, industry, and company research related to investment opportunities;
  • Screen and evaluate potential investment opportunities consistent with global private equity best practices and fund investment guidelines;
  • Prepare investment proposals and memoranda; and
  • Support senior professionals on other company initiatives.

Timing: Minimum 2-month commitment onsite in Lagos, Nigeria, the summer of 2018.

Preferred Candidate Qualifications

  • Currently enrolled in a top-tier MBA program;
  • Strong communication and analytical skills;
  • Prior experience working in one or more of the following areas – agribusiness, private equity, investment banking, SME development, and management consulting;
  • Prior experience working in an African country is an advantage; and
  • Candidate should have a long-term career interest to work in West Africa.

Qualified candidates should send their CVs and Cover Letters to recruiting@sahelcp.com with subject: “Summer Associate” before 5pm (GMT+1) on Friday 16th March 2018.

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Snr. Associate Intern: Women in PE, Providence Strategic Growth (Multiple US locations)

Firm Overview

Providence Equity Partners is a leading global asset management firm with approximately $50 billion in assets under management and a broad range of investment strategies in private equity and credit platforms. Providence Equity, founded in 1989, makes traditional buyout, growth equity and growth buyout investments in North America, Europe and emerging markets focused in the media, communication, education and information sectors. In its 27 year history, Providence Equity has closed seven private equity funds and has invested in more than 150 companies. Providence Equity Partners is headquartered in Providence, RI and also has offices in New York, and London. Providence Strategic Growth (PSG), formed in 2014, is a growth equity fund targeting software and technology-enabled service companies in the lower middle market. With a team of twenty-five investment professionals and eight senior advisors, they have executed 25 portfolio company acquisitions on top of 90+ add-on acquisitions representing $1.4bn in total capital invested.

PSG is focused on encouraging motivated young women to apply to their proven and diverse internship program.

Position Overview

Responsibilities include, but are not limited to:

  • Take lead role in processing new investment opportunities to include market assessment, competitive positioning, initial underwriting and deal structuring and pitching deals internally to PEP’s investment committee.
  • Conduct diligence efforts on pursued deals, including business diligence, risk underwriting and managing external advisors.
  • Oversight and review of building of financial models to support deal underwriting in deal structuring efforts.
  • Demonstrate business judgement to develop influential insight, and communicate decisions in clear, concise and logical manner.
  • Perform ad-hoc analysis to support transaction negotiations.
  • Provide support to portfolio companies.
  • Work collaboratively as a member of the deal team. Support and advise junior associates in modeling and other aspects of deal processing.

Qualifications

  • Approximately 4 years of pre-MBA experience (Exposure in private equity and/or an investment bank or management consulting firm is preferred but not required).
  • Exposure to financial modeling, financial statement analysis and valuation skills.
  • Track record of outstanding academic performance.
  • Highly motivated and self-starter with strong interpersonal and communication skills.

Qualified candidates should send their CVs to colleen.noble@provequity.com; applications will be accepted on a rolling basis.

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HBS Leadership Fellow: Strategy & New Ventures Mgr, One Acre Fund (Kenya / Rwanda)

Application Deadline: 20th February at 5.00pm; apply here on Career Hub.

Role Description

The Manager, Strategy & New Ventures will work on One Acre Fund’s Internal Consulting Team (ICT), and will be responsible for building strategic solutions to key problems, building relationships with One Acre Fund’s leaders, and working to deliver high-quality results towards the organization’s most important strategic initiatives and questions. ICT supports the organization’s highest-priority projects through targeted analysis, research, and capacity support. The Manager will report directly to the Director of Strategy and Research, who leads ICT, and will interact regularly with the Executive Director and other General Partners as key stakeholders in the their projects. Matt Forti, One Acre Fund USA’s Managing Director, will serve as your mentor.

Scope of work: 

The specific scope of work will be determined based on the needs of the organization in July/August 2018. Across their portfolio of work, the Manager will leverage and strengthen core competencies to drive impact for the organization, including strategic thinking and consensus building, analytics, project management, and leadership. The specific scope of work will be defined closer to the Manager’s start date, however, below is a snapshot of a potential scope of work. The areas described below are the biggest initiatives being undertaken by ICT this year, and thus the Manager will likely be doing work in these areas:

  • Chairing a General Partner Working Group: The Manager will likely serve as a strategy partner for a key cross-country leadership team (e.g., Country Directors, Budget Working Group, Impact Working Group). In this role, the Manager will work closely with a group of General Partners to set the agenda for their group and drive key initiatives forward, building their strategic thinking, leadership, consensus-building skills.

  • Analyzing country health check-ups (due diligence): As leadership considers investments across our portfolio of countries, the Manager may be tasked with investigating the “health” of a specific country. The Manager would use their analytical skills and strategic thinking to assess a wide range of aspects of the program (e.g., people/team, systems, program operations, and market context). Building communications skills, the Manager would then be asked to develop a memo outlining any key constraints to growth, and a prioritized list of recommendations for how to address those constraints.

  • Long-term country and expansion planning: The Manager will likely run the expansion process in one of our core countries of operation. This includes carrying out the market research across potential areas of expansion, analyzing a range of quantitative and qualitative data to determine the expansion strategy, and working closely with country leadership to guide key growth decisions and ensure buy-in.

  • Steering org-wide initiatives: Building project management, leadership, and innovation skills, the Manager may be responsible for rolling out an organization-wide initiative across countries and teams. For example, an ICT member was recently tasked with evaluating each country’s Customer Protection strategy, disseminating best practices and shoring up areas of weakness, while revamping our monitoring practices and policy implementation. The project involved negotiating with different stakeholders with different incentives, securing buy-in from country leadership, and instituting cultural change in areas where customer protection was not a major priority.

  • Conducting targeted strategic research, analysis, and communications for General Partners: The Manager will take on targeted research and analysis for General Partners as key opportunities arise that would benefit from strategic thinking from someone with an MBA skill set. This includes conducting new market or new product analysis (e.g., for expansion opportunities in West Africa, or for new product categories like water purification); developing high-level strategic communications content for executives to represent the organization at global events like the Skoll World Forum; and creating and running period data analyses answering key questions for leaders (eg., conducting a repayment analysis for OAF countries of operation, analyze annual staff satisfaction survey to uncover key trends).

  • Management: As a Manager, the Manager will have the opportunity to directly supervise ICT analyst(s), both in support of the Manager’s projects and as a coach/supervisor on the analyst’s own assignments.

  • Capstone project: The Manager will have a unique opportunity to do a "capstone" project as part of their role with ICT on a key strategy question, engaging key senior leaders as stakeholders in the project. 

Career development: 

This role is part of the HBS Leadership Fellows Program. We are hopeful that the Manager would stay on with us for a second year, and there may be opportunities for additional funding from HBS. If the Manager desires, year 2 of this position could be structured as a rotation across 3 departments of interest to the Manager and importance to the organization – e.g., Global Logistics, People Operations and Innovation, and New Country Expansion.

One Acre Fund invests in the professional development of each of our team members from day one. People are always our primary focus: growing capable leaders in our organization means better service for the farmers we work with. As a One Acre Fund staff member, you will have access to an amazing team, strong mentors, actionable feedback from your manager, and regular discussions about your career path. Our training and development team also rolls out new formal skills trainings on a regular basis.

You will also have as much responsibility as possible early on. We are allergic to daily micro-management. We push team members to make their own day-to-day decisions as soon as possible, offer well-reasoned new suggestions, and eventually recruit, train, and manage their own large teams. We back that up with targeted mentorship and skill-building, but strongly believe in autonomy.

Location: 

Due to visa restrictions, depends on nationality. African nationals may be based in Nairobi, Kenya. Candidates who are not nationals of an African country may be based in Kigali or Rubengera, Rwanda. 

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Regional Director for Africa, Capria Ventures (Location TBD)

Role Details

  • Role Type: Full-time
  • Location: TBD; establish office and have a presence on the African continent
  • Salary: Commensurate with experience recognizing start-up nature of the business, with emphasis on long-term performance compensation
  • Benefits: Start-up oriented including health insurance plan and technology allowance
  • Apply here.

Capria Overview

Capria Ventures is a global financial services innovator investing in the “missing middle” finance opportunity in emerging markets. Capria manages multiple investment funds, a fund manager advisory and accelerator, and the leading global network of impact fund managers. Capria is focused on delivering superior profits to investors along with social and environmental impact at scale, with a goal of unlocking over USD $500 million in impact capital by 2021 and positively impacting the lives of millions. Capria has offices in Seattle and Bangalore, and soon, on the African continent. More at: http://capria.vc and http://usf.vc

Overview of Responsibilities & Objectives

Capria is seeking a highly qualified, entrepreneurial, and self-directed investment professional to take on a new role to lead the setup and operations of the Capria’s new Africa regional office.

As of mid-2017, Capria Network members have presence in West, Southern, and South Africa. Approximately 40% of fund manager partnering opportunities are coming from the continent. As Regional Director for Africa, you will be an integral part of the Capria investment team as we continue to grow our investments and presence across the continent. You will work closely with Capria’s leadership team and be involved in virtually all aspects of our work including sourcing partnering opportunities, supporting our fund manager selection process, ensuring our portfolio is receiving world-class support to deliver targeted returns, supporting fundraising, and overseeing local business operations.

Experience and Capabilities

The most vital areas of experience for a successful candidate include:

1. Experience working and investing throughout Africa with strong, relevant business relationships established in multiple countries. We know investing globally; we need someone who knows Africa.

2. Demonstrably-relevant investing experience (preferably 5+ years) and credibility in making sound investment decisions, as evidenced by deal performance and professional recommendations. To be credible with our fund manager partners, you must have shown you have been an effective investor.

3. Experience in a start-up environment or equivalent for 5-10 years. We’re not a large PE firm with unlimited resources – we’re looking for someone who knows how to get a lot done, with limited resources, and quickly.

Key personal skills and abilities include:

1. Demonstrated aptitude as a fast learner of new skills and knowledge and a strong aptitude for using state-of-the-art technology for info sharing & communications.

2. Outstanding written and verbal communication skills.

3. Ability to effectively synthesize complex information, exercising advanced critical thinking to deliver recommendations and solutions.

The Role

  • Portfolio/Network Development & Support: You will work closely with Africa fund managers in Capria Network to ensure they are well positioned for success. You will be the primary investment team lead for each of our engagements with managers throughout Africa.
  • Sourcing & Screening Investment Opportunities: Capria has already reviewed fund manager proposals from over 60+ countries with the largest number of proposals coming from Africa. You will lead our sourcing efforts throughout the continent to ensure we are connecting with the best managers throughout the region.
  • Fundraising: Capria is currently raising the next $100M for Capria Fund to expand our investing in Africa and other markets. In addition to the Capria Fund, we provide direct fundraising support to each fund manager in our portfolio.
  • Business Operations: You will manage and support operations, information and reporting for the Capria Africa office, overseeing one or two interns or junior staff members and ensuring we run an efficient and accountable organization, ensuring we are always in full compliance with local laws and partnership agreements.

Education and International Experience

The successful candidate will have a MBA or equivalent work experience, and will have at least 3 years experience working for a multi-national and/or working abroad in addition to the investing and start-up experienced referenced, thus having a strong understanding of global best practices in business operations

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Summer Associate, Quona Capital (Washington DC)

Organization

Quona Capital is a venture capital firm investing in financial technology companies targeting the underbanked in emerging markets. We back innovators enhancing the quality and availability of financial products and services for underserved consumers and enterprises through business model innovation, technology utilization, and a passion for making a positive change in the world. Quona is the investment manager of the $141 million Accion Frontier Inclusion Fund, whose investors include global insurance companies, major investment banks, pension funds, university endowments, a global payments company, and leading family offices.

Quona brings together a diverse team of investment professionals with deep experience in financial technology, emerging markets, and entrepreneurship. Our team has lived, worked, and built companies in both the emerging markets we serve and the developed economies we seek to connect. Quona is focused on specific markets in Latin America, Asia, and Sub-Saharan Africa and leverages a strategic relationship with Accion International, a global leader in financial inclusion.

Job Description

We are currently recruiting two Summer Investment Associates who will be based in Washington, DC. This specific role will be focused on supporting Quona's investment and portfolio strategy in Africa, with the other position focused on Latin America.

The role is highly entrepreneurial, spanning emerging market venture investing, consulting, and entrepreneurship, with a focus on cutting edge innovation in financial inclusion. Successful candidates will have the opportunity to work on live deals and provide support to portfolio companies, and will work with the team to define a meaningful project and deliverable (e.g., investment thesis development, portfolio company project) to complete during the internship period.

The minimum length of the program is ten weeks, with a target start date in May 2018.

Qualifications

Required

  • Currently enrolled in an MBA or similar advanced degree program.
  • Relevant experience in investment banking, venture capital, private equity, or management consulting. Startup experience also a plus.
  • Advanced financial modeling, strategy analytics, and communication skills.

Preferred

  • Utmost enthusiasm for technology, entrepreneurship, and business learning.
  • Strong diligence skills. Ability to quickly evaluate the key questions, risks, or upsides to an opportunity, prioritize and execute to flesh out these issues.
  • Domain expertise in financial technology or financial inclusion.
  • Emerging market knowledge or experience.
  • French  language skills a plus.

Application

Please apply to the Summer Investment Associate (Africa) position on the HBS job portal, or send your resume to Efayomi Carr at Efayomi@quona.com

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3-6 Month Fellowship, Open Capital Advisors (Nairobi, Kenya)

Start date: Flexible; recruitment on a rolling basis.

About Open Capital Advisors

In 2010, we founded a management consulting and financial advisory firm that supports high-growth enterprises, innovative investors and industry-leading development partners to solve challenging problems in frontier markets. By offering deep, operationally-focused management support and creative strategic advice, we help open markets and transform industries. We have completed more than 300 engagements across dozens of industries spanning 20 countries in Africa. We are a global team of more than 50 full-time staff based in Nairobi, Kampala and Lusaka with experience from top global firms including the Boston Consulting Group, Credit Suisse, McKinsey, IFC and World Bank.

The Fellow Role

We continue to expand rapidly and are looking for exceptional staff to join our team in a 3 to 6-month role based in Nairobi. During this time, you will work closely on new initiatives and work alongside senior management while managing & mentoring our growing analyst team.

As a Fellow you will support analyst training and mentorship while they work on live projects across a range of high-growth industries and client types. Our model is especially focused on execution and implementation, and you will support analysts embedded directly at the client site, working with all levels of client staff.

You will join us at an exciting time – we are seeking to achieve broad, ambitious growth goals, and leverage our strong international brand in the impact investing and frontier market space. As we look to deepen our reach in the broader African market, there will continue to be many opportunities to engage in regional work. The right candidate should be excited and genuinely motivated by the challenging strategic, financial, and operational questions we answer for our clients.

Desired skills and experience

We are looking for exceptional leaders and executers who share our motivation and drive. Fellows should be able to manage analysts, perform excellent work, contribute fresh ideas, and take pleasure in the work we do. Our team is energetic and driven and we are quick to reward performance and initiative. We are open to Fellows with a variety of backgrounds, but top candidates will typically have the following:

  • Several years of experience at a top global consulting firm, investment firm, bank, law firm, or experience as an entrepreneur or leader in a high-growth business, with significant responsibility for deliverables and client service;
  • Strong communication skills and analytical abilities and insightful, structured way of presenting information;
  • Ability to effectively work with clients at all levels and backgrounds; • Interest in guiding teams and mentoring our analysts & junior team members;
  • Desire to work and live in Nairobi for at least 3 months and broader interest in the region;
  • Multiple languages and previous Africa experience useful but not required;

Compensation

We offer a stipend and assist in arranging logistics, including housing.

If you are interested, please apply here. We are recruiting on a rolling basis.

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Summer Associate, Emerging Capital Partners

Application Deadline: January 15, 2018 @ 11.59pm EST

Company Profile

With an 18-year track record of investing in Africa and seven successful funds, Emerging Capital Partners (ECP), one of the largest and longest-established private equity fund managers focused on Africa, has raised more than $2.7 billion for investment in companies across the African continent. ECP has invested in over 60 companies across multiple funds and completed over 40 exits.

Registered with the U.S. Securities and Exchange Commission, ECP upholds a culture of accountability, good governance and innovation that makes it an attractive investment partner to Africa-based companies and institutional investors around the world. The firm identifies and invests in companies with compelling growth opportunities, where the firm can align its interests with managers who share its values. ECP is an active investor that provides board representation, strategic advice and operational support to its companies. This approach has proved that investors can achieve strong returns in Africa in an honest and transparent manner.

ECP is headquartered in Washington and has offices in Paris, Johannesburg, Lagos, Nairobi, Tunis, Douala and Abidjan.

For more information please refer to our website: www.ecpinvestments.com

Responsibilities

Summer Associates will be exposed to various aspects of the deal evaluation and execution processes. Summer Associates may also work on key strategic initiatives at any of ECP’s current portfolio companies. Summer Associate responsibilities include:

  • Industry and company research
  • Financial modeling and analysis
  • Transaction and due diligence support
  • Preparation of investment memorandums
  • Portfolio company monitoring

Qualifications

The ECP team is seeking first-year MBA candidates for its 2018 summer internship program. Candidates should have a minimum of 3 years of banking, consulting or relevant industry experience (e.g. operating, financial or strategy work for telecoms & ICT, consumer, financial services, infrastructure & logistics). Previous private equity experience is preferred, but not required. Ideal candidates will have had exposure to Africa and a demonstrated interest in the continent. 

Interested candidates should submit their resume and cover letter (1 page each) through Career Hub. ECP is only hiring interns for its African offices. Please specify your preferred office location(s) in the subject line of your cover letter. Applications are due by 11.59pm EST on January 15, 2018.

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Full-Time Associate, Vantage Capital (Johannesburg, South Africa)

 

Role Description

Vantage Capital is recruiting for a full time associate from the class of 2018 to join its deal team in its Johannesburg, South Africa offices. The role would focus on Ghanaian and Nigerian current and new investments. Vantage Capital manages a Pan-African mezzanine fund and has over $500 million in AUM. The associate role requires one to four years prior work experience in leveraged finance, investment banking, corporate finance or private equity. In addition, the candidate must be a Nigerian or Ghanian national. The associate will perform the following duties:

  • Support function on all areas of transaction execution
  • Due diligence investigation and review
  • Management, customer, supplier interviews
  • Valuations
  • Financial modeling
  • Market and investment opportunity analysis
  • Structure investments, negotiation support, term sheet drafting
  • Preparing investment committee reports for transactions
  • Reviewing legal agreements
  • Assist in research
  • Play an active role in the management of portfolio companies
  • Sit on boards of portfolio companies
  • Assist with reports to stakeholders on portfolio performance

Qualifications

  • Bachelors degree required
  • Candidate must have 1 to 4 years experience in leveraged finance, corporate finance, investment banking or private equity
  • Strong knowledge of Nigeria or Ghana required

If you fit the specific job requirements and are interested please contact Johnny at johnny@vantagemezzanine.com

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Summer Fellow, Lori Systems (Nairobi, Kenya)

2018 Summer MBA Fellow at Nairobi Tech Venture

The Company Lori is building the cutting-edge logistics infrastructure for trucking in Africa. The startup is using advanced technology and operational systems to tackle a massive issue - $180 billion is spent annually on haulage across Africa, which means that up to 75% of a product’s cost is due to logistics (compared to 6% in the US).

Lori’s tech-enabled logistics optimization system is driving a new-age supply chain management system and has already realized significantly improved flexibility, reliability, and significant cost savings (savings upwards of 15%, which reduces the prices of goods for consumers).

The market demand for Lori’s platform is increasing exponentially and the company has achieved a 30% month over month growth since system launch in May. To continue driving this pace of growth, Lori has raised capital from institutional and strategic investors from the continent/world. The company recently won TechCrunch’s Battlefield Africa.

The team is led by a team of nerds obsessed with revolutionizing logistics in Africa and executing on their vision:

  • Gichini Ngaruiya, CTO: Y Combinator, co-founder/CTO of E la Carte (raised $50mm+), MIT CS, Kenyan native
  • Josh Sandler, CEO: industrialization + logistics wonk, Harvard MBA/MPA-ID, South African native
  • Fredrik Johansson, COO: former COO of $80mm Swedish supply chain co, Masters in Eng (thesis in Tanzania)

The Position

Lori is seeking a hands-on Summer MBA Fellow to be a key member of our platform. The role will require significant autonomy in the execution of strategy. The Fellow will leverage their experiences to drive business expansion and optimization - all inside an exciting, dynamic and fast growing start-up environment. Crucial to this role is persistence and commitment.

What you will do

  • Hustle hard
  • Execute on commitments without excuses
  • Develop relationships at all levels within customer organizations and government agencies
  • Analyze new markets and offerings
  • Enhance finance processes
  • Contribute to the design of our next-generation logistics system

What you bring to the table

  • Track record of delivering results at a top company
  • Experience interacting with multiple stakeholders at all levels
  • Pursuing MBA degree from top university
  • Exceptional communicator
  • Confidence, charisma, passion; ability to inspire
  • Deep interests in East Africa Preferred Experience
  • > 4 years Finance, Operations and/or Logistics industry experience
  • Degree in engineering

Qualified applicants are invited to email their CV to Lori HR at: careers@lorisystems.com

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Summer Associate, Schulze Global Investments (Addis Ababa, Ethiopia)

Company Overview

Schulze Global is an American private investment firm focused on the world’s most dynamic frontier markets. Schulze Global manages several hundred million dollars of investments across various markets in Asia and Africa and works in partnership with some of the world’s most prestigious institutional investors. Schulze Global is the pioneer of private equity investing in Ethiopia having raised the first country-focused private equity fund in 2013 and has had a local team operating since 2008. The firm has made growth equity investments in Ethiopia across a variety of industries including food processing, construction, pharmaceuticals, coffee, education, and dairy.

2018 MBA Summer Associate Program

Schulze Global Investments, a frontier market focused private equity firm, is offering an exciting internship opportunity based in Addis Ababa, Ethiopia. The MBA Summer Associate program is part of Schulze Global’s strategy of identifying and developing potential talent for the growing private equity industry in Africa.

Position Objective & Representative Responsibilities

The Summer Associate program is designed for promising young professionals who have a passion to work in the world’s dynamic frontier markets and have a specific desire to pursue a career in Africa’s burgeoning private equity industry. The Summer Associate will get hands-on experience in both deal sourcing and portfolio management by working very closely with seasoned private equity practitioners.

Responsibilities will include:

  • Assist in portfolio company management through multiple aspects of operational value-add.
  • Prepare investment memorandums and portfolio company updates for Investment Committee.
  • Assist in deal sourcing activities and comprehensive due diligence on target companies.
  • Research and evaluate new investment ideas for multiple sectors which meet investment objectives and portfolio requirements.

Qualifications and Requirements

  • Candidates must be graduate students in the fields of finance, business, or economics.
  • Prior work experience in private equity, investment banking or strategy consulting preferred.
  • Good communication and writing skills required.
  • Ability to work in a multicultural environment is essential.
  • Candidates are expected to possess strong interpersonal and analytical skills.

Benefits

The internship is unpaid, but the firm will cover accommodation and offer a transportation allowance in Addis Ababa.

How to Apply

Interested candidates should submit a resume with a cover letter to eyob.tolina@schulzeglobal.com no later than February 15, 2018.

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Commercial Director, DukaConnect.com (Nairobi, Kenya)

Company Overview

DukaConnect.com is building the first fully-mobile Artificial Intelligence platform for traditional retail, beginning in Africa. We are headquartered in Nairobi, Kenya and San Francisco, CA. We share a collective desire to utilize technology to transform the lives of billions of people who continue to lack access to it. DukaConnect started its prototyping journey in 2016 and we are now fine-tuning our neural networks ready for product launch in early 2018. We are united by our dream of transforming trade in emerging markets to bring out its full potential. Our founding team consists of Harvard, Stanford and MIT alumni who together have previously built successful companies in Africa and the US and have deep expertise in the traditional retail and machine learning. We are backed by top-tier European, African, and US VC investors as well as the Stanford StartX accelerator.

Role Description

We are looking for a Commercial Director based in Nairobi to start ASAP. As the Principal Commercial Director, you will be in charge of driving forward our product deployment. You will lead our field operations and be our eyes and ears as we bring our products to shops and manufacturers. You will guide our design process in the field, working closely with small mom and pop shops, our corporate partners, and our technology team. You will develop partnerships with fast moving consumer goods companies, both multinationals and local players, as well as other potential partners.

You are a visionary leader as well as an entrepreneurial spirit who thrives equally in executing day-to-day and driving forward the overall vision of the company together with the co-founders. You feel comfortable and energized in the boardroom and in the heat and dust of Africa’s informal settlements alike. You excel at building strong relationships with the corporate world and with a diverse group of mom and pop shop owners in the field. You derive energy from your excitement for making a difference in Africa and beyond and inspire your team with your passion.

Responsibilities

  • Be our ear and eye on the ground co-leading the iterative design process with shopkeepers
  • Lead operational product roll out and customer support teams
  • Develop commercial opportunities and partnerships with fast moving consumer goods players and other potential partners
  • Lead business development team for ongoing relationship management with key partners
  • Identify product needs from shopkeepers and corporate partners and work with CTO to turn ideas into products
  • Work closely with the co-founders to develop a strong culture at DukaConnect

Ideal candidates likely fit into one of these two profiles:

1. You are a senior executive in the fast-moving consumer goods industry with >10 years of experience, ideally in the area of sales, marketing and/or strategy. You have been with more than one FMCG player, know the industry inside out and have established strong networks. You are looking for a new challenge and the idea of fundamentally transforming the industry with technology excites you. Ideally, you have been exposed to a fast-paced startup environment and its challenges in some form.

2. You have a successful track record in building and scaling up products in a startup environment. You have had senior management roles and experienced building (tech) products from early stages to financial viability. In your previous endeavors, you have dealt with both building corporate partnerships as well as actively operated in a field setting with either consumers or SMEs. Ideally you have a good understanding of the retail and FMCG industry.

In either case, candidates should have the following experience:

  • Work and life experience in Africa (ideally fluency in Kiswahili)
  • Experience in leading field and business development teams
  • High level of intrinsic motivation and a clear track record of excellence
  • Strong team player
  • Passion to make a difference in Africa and beyond

Reporting: The role reports directly to the CEO and works closely with the CEO and CTO on a daily basis.

Compensation: This is a key role in our executive team with cash and significant equity compensation.

Expected Start Date: ASAP

Application Instructions: Email jambo@dukaconnect.com.

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Business Development Director, DukaConnect.COM (Nairobi, Kenya)

Company Overview

DukaConnect.com is building the first fully-mobile Artificial Intelligence platform for traditional retail, beginning in Africa. We are headquartered in Nairobi, Kenya and San Francisco, CA. We share a collective desire to utilize technology to transform the lives of billions of people who continue to lack access to it. DukaConnect started its prototyping journey in 2016 and we are now fine-tuning our neural networks ready for product launch in early 2018. We are united by our dream of transforming trade in emerging markets to bring out its full potential. Our founding team consists of Harvard, Stanford and MIT alumni who together have previously built successful companies in Africa and the US and have deep expertise in the traditional retail and machine learning. We are backed by top-tier European, African, and US VC investors as well as the Stanford StartX accelerator.

Role Description

We are looking for a Business Development Manager to join our Commercial team in Nairobi. Your principal role at the company will be to establish and grow business relationships with fast moving consumer goods manufacturers (FMCG) and other third parties that support and plug into our retail ecosystem.

Responsibilities

  • Build relationships and establish partnerships with FMCGs and other potential partners to grow our business
  • Design and create products for our partners in collaboration with the technical team
  • Analyze and present data to derive key business insights for our partners and product team
  • Provide day to day relationship management to our partners
  • Develop and implement company strategy in partnership with the team

Requirements

  • Strong business relationship building and network development capability
  • Strong analytical and strategic thinking skills
  • Comfortable in working in a dynamic and challenging start up environment
  • Demonstrated passion in driving change and economic growth in emerging markets
  • Strong team player
  • Ability to travel and work across different African markets
  • Minimum Bachelor's Degree
  • Demonstrated track record of excellence
  • Previous work experience in the FMCG space a plus

Reporting: The role reports directly to the CEO and works closely with the co-founders.

Compensation: This is a key role in our executive team with cash and significant equity compensation.

Expected Start Date: ASAP

Application Instructions: Email jambo@dukaconnect.com.

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HBS Global Opportunity Fellows

HBS is pleased to announce the Global Opportunity Fellowship | GO: AFRICA, a pilot program to support graduating HBS students and recent alumni who are making a difference working in Africa.

Beginning with the Class of 2018, the GO: AFRICA Fellowship will be awarded to a limited number of students who secure a full-time job in Africa with total guaranteed annual compensation of less than $100,000 USD. The fellowship award will bridge the gap between the recipient’s salary and $100,000 USD.

For detailed information, please visit Global Opportunity Fellowship | GO: AFRICA on myHBS. Application deadlines are December 13, 2017; March 9, 2018; May 18, 2018; and October 1, 2018. An information session will be held on Wed., 12/6 at 3:30pm in Aldrich 109

If you have any questions please contact Phillip Andrews, Corporate Relations Director, MBA Career & Professional Development, 617-495-6086, phandrews@hbs.edu.

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CEO, Harambe Entrepreneur Alliance

About Harambe

The Harambe Entrepreneur Alliance is a network of highly educated, principled, young African CEOs and entrepreneurial leaders known as Harambeans, who are scaling social and business ventures across sectors. Harambeans have raised capital from prominent investors such as Mark Zuckerberg, Steve Case, George Soros and Pierre Omidyar, and gained the endorsement of the African Union, The Economist and the Queen of England among others.

Our vision is to realize the potential of exceptional leaders and leverage their skills and passion to build a peaceful, prosperous and equitable Africa. Our goals are to identify promising young African leaders with an entrepreneurial mindset and connect them to opportunities to advance their education, find employment within Africa, or support their entrepreneurial ventures across Africa.

With the help of exceptional corporate partners, the organization is now transitioning itself from an all volunteer effort to a fully staffed and institutionalized entity. Harambe intends to write its next chapter by restructuring, expanding and scaling the value proposition to its members.

To implement on the growth plan, we are seeking an entrepreneurial Executive Director capable of steering Harambe through this unique and pivotal transition period of institutionalization, while actively seizing on the abundant opportunities enabled and supported by our exceptional partner network of highly reputable thought leaders, investors, corporate and public institutions.

Description of Chief Executive Officer Role

Reporting to the Board of Directors, the Chief Executive Officer (CEO) will have overall strategic and operational responsibility for Harambe’s executive team, fundraising, programs and execution of the organization’s institutionalization strategy. She or he will be required to design Harambe program strategies and formats, assume responsibility for financial planning and budgeting, expand network of relationships with partners, manage existing partnerships and leading an executive team of 3-5 full-time employees.

Core Requirements

  • Ensure Harambeans achieve a greater than average success rate in building their ventures;
  • Grow external funds committed for the organization by deepening and expanding our partnership network;
  • Grow awareness of the Harambe brand by our target audience groups.

Responsibilities

Leadership:

  • Develop and articulate Harambe’s core purpose, mission and long-term strategy, accompanying programs and initiatives;
  • Deliver programmatic excellence with a rigorous and on-going progress evaluation and reporting for programs; achievement of fundraising goals and sound financial administration;
  • Actively engage and energize the Harambe community, board members, program committees and partnering organizations;
  • Seek and build board involvement for ongoing operations as well as for implementation on our roadmap to institutionalization. Ensure board composition and capacity stays relevant to fulfill the needs of the organization at different stages over time;
  • Lead, coach, develop, and retain a high-performance executive management team;
  • Establish effective processes to track scaling progress, and regularly evaluate programs and communicate success to the Board, partners, and other constituents.

Transition Management:

  • Determine processes required for the institutionalization of the organization, defining areas that must be changed and establishing measures of success, cost/benefit and outcomes/risks analysis;
  • Develop strategies to support the organization in areas of transition (operational, communication, team development, budget implications);
  • Align with stakeholders on timetables and sequence of events for establishing new processes and procedures that will support growth objectives and rollout of new programs;
  • Monitor transition success and proactively partner and report to stakeholders.

Fundraising, Communications and Impact Reporting:

  • With the support of staff, plan and pursue short-term fundraising activities to support existing program operations and expansion while simultaneously working with the staff, board and partners to establish strategic, long-term funding solutions (e.g. structuring and establishing an endowment and potential earned-income strategies);
  • Know the organization’s culture and values to help refine communications (e.g. web presence to external relations) with the goal of enhancing a brand that embodies our unique characteristics;
  • Oversee the development of organization’s impact measurement framework and composition of corresponding impact report to be published in quarterly and annually including regular progress reports to the Board.

Program Management and Strategic Planning:

  • Oversee the annual admissions process of the organization, driven by members of the executive team in cooperation with Harambeans, board members and partners;
  • Support the coordination of regional groups and corresponding events, overseeing the organization of the annual symposium and other recurring and regional member events;
  • Supervise programs, including Angel Investor sessions and Scholarship partnerships with leading universities.

Qualifications, Strengths and Experience

  • Financial and business acumen to manage a multi-million dollar organization;
  • Excellent people and communication skills, with a strong ability to develop and manage diverse relationships, engage, inspire, influence and build credibility among a wide range of internal and external stakeholders.
  • Strong management skills and a track record of building talent by attracting and retaining key individuals.
  • Results-oriented with proven experience of delivering measurable results and impact.
  • Experience building quality programs and tracking performance and impact performance through datadriven evaluations.
  • Experience cultivating constructive working relationships with a Board of Directors, while engaging a wide range of stakeholders and cultures;
  • Management consulting experience, corporate and non-profit sector preferred.
  • A powerful work ethic driven ‘servant leadership’, enduring integrity, optimism and deliberate audacity.
  • Creative bold thinker with big ideas about the intersection of philanthropy and the private sector.

To apply, please send your CV to liaison@healliance.org

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