P4G Regional Investment Manager – Africa

Nairobi, Kenya
negotiable Expired 1 year ago
This job has expired.

JOB DETAIL

This is a hybrid position based in the WRI Africa office in Nairobi, Kenya. Existing work authorization is required at the time of application submission. WRI is unable to sponsor any visa work sponsorship for this position.

About the Program:

P4G – Partnering for Green Growth and the Global Goals 2030 – contributes to green and inclusive growth in low- and middle-income countries by helping early-stage climate businesses become investment-ready and supporting national climate platform connections in food, water and energy systems. Hosted by World Resources Institute and funded by Denmark, the Netherlands and the Republic of Korea, P4G partner countries include Colombia, Ethiopia, Kenya, South Africa, Indonesia and Vietnam. P4G provides grants and technical assistance to early-stage climate businesses within a broader partnership to improve their investor readiness. All partnerships are in consideration of national priorities as defined in the NDCs and coordinated by each of P4G’s nine government-led P4G National Platforms. The partnerships and the National Platforms engage together on sector specific policy and regulatory changes to promote business growth. P4G captures and mobilizes knowledge around these public-private pathways to increase the flow of global climate finance to local climate businesses.

Job Highlight:

Reporting to the P4G Executive Director, the Africa Regional Manager’s key roles will be to: (1) increase the quality of origination and success rates of P4G early stage locally led climate businesses across Africa; (2) work concurrently with the P4G National Platforms to advance enabling policy and regulatory reform related to the portfolio of companies and related sub-sector areas; and (3) advance the state of knowledge related to how to enable greater flows of global climate capital to local climate businesses. You will be supported by the Africa regional team of P4G National Platform Liaisons and related P4G team members. As the Regional Investment Manager for Africa you will support in-country engagement and the participation of P4G’s African country partners in major P4G activities and events by coordinating closely with the P4G Hub team (the P4G secretariat), the African P4G National Platforms, and related P4G partners. In partnership with these stakeholder you will originate and accelerate climate entrepreneurs in the region, while concurrently working on the market systems to enable the overall growth of the sector.

What will you do:

Partnership origination, acceleration and graduation (70%):

  • Responsible for the origination process across Africa to source innovative early stage climate ventures
  • Lead the analysis and due diligence to determine if the climate business has the potential to grow from seed to early growth level
  • Lead financial due diligence process and evaluation of commercial viability for P4G business model for new P4G partnership applications implementing in Ethiopia, Kenya and South Africa, including reviewing business plan and financial forecasts, and investment risk and mitigation. Prepare the Committee Due Diligence document to present to the Independent Grants Committee for final award decisions
  • Conduct market research to help develop investment strategies and identify transaction opportunities for P4G partnerships implementing in P4G’s country partners in Africa. Facilitate investment and blended finance solutions for P4G partnerships through technical support to their business model and commercial readiness from origination to acceleration
  • Provide mentor/advisor services to P4G climate businesses. Identify and maintain a network of regional investment and development financing institutions and climate financing facilities to enable transaction deals for P4G funded partnerships. Arrange for value chain B2B matchmaking and investor matchmaking
  • Leverage network of investor relationships, manage the deal flow of P4G funded partnerships, and assist them in realizing blended financing and financial closure

Fundraising and Strategy development (30%):

· Lead and advance P4G knowledge and strategy in Africa Works with P4G’s in country staff, P4G’s National Platforms, and with other partners in the ecosystem (i.e. accelerators, tech hubs and early stage venture funds) across Africa to build the P4G network

· Work with the P4G National Platform Liaisons in the region to ensure coordination between government ministries and other relevant stakeholders in the private sector and civil societies regarding P4G partnerships, key dialogues, and matters of coordination on behalf of P4G’s overall implementation, strategy and knowledge mobilization

· Implement P4G’s Phase 2 theory of change on the African continent

· Coordinate with the P4G leadership team that includes the other regional investment managers and the operations and knowledge teams

· Oversee P4G National Platform Liaisons and Partnership Investment Management staff in the region. Represent P4G at high-level discussions within partner Ministries and companies, building relationships at that level both within the P4G National Platform and within a broader network

· Manage investor relationships with relevant commercial and climate financing agencies to raise investor awareness and understanding of the P4G business model and funded partnerships

· Work with the P4G leadership team on fundraising for P4G and for investment in partnerships from donor countries, impact investors, foundations and financial institutions

· Travel to other P4G countries in Africa, and other global meetings and events.

What will you need:

· Education: You will have a master’s or advanced degree in business, finance, or a relevant technical field

· Experience: You have 10+ years of experience in investment, commercial and strategic financial management responsibilities with 3+ years of supervisory experience

· Experience managing financial deals or transactions for projects or enterprises, and commercialization of startup companies in supporting investment deals for market-based green ventures

· Demonstrated knowledge of business planning, financial due diligence, reviewing deal documentation. Experience with reviewing investment memorandum, project financing, venture financing, financial modeling and financial structuring (debt, equity, blended, guarantees etc.)

· Demonstrated familiarity with regional investment and development financing schemes for green growth projects and on applications of climate fund facilities

· Demonstrated understanding of investment framework of private equity, development financial institutions and institutional investors

· Experience engaging with government officials and in multi-stakeholder engagements and public and private cross-sectoral coordination around green growth and climate themes/SDGs/NDCs

· Demonstrated expertise in one or more of P4G’s technical sectors. These include climate, food and agriculture, clean energy, and water

· Experience working in a multicultural environment

· Languages: You are proficient in verbal and written English. Additional language skills desirable

· Requirements: Existing work authorization is required where this position is based. WRI is unable to authorize visa work authorization.

Potential Salary:

 

Salary is commensurate with experience and other compensable factors.

How to Apply:

Please submit a resume with cover letterby November 13 2023. Youmustapply through the WRI Careers portal to be considered.

What we offer:

· A competitive salary.

· Access to the WRI global network with the opportunity to exchange with and learn from passionate colleagues working at the cutting edge of their fields across Asia, Africa, Europe, Latin America and the US

· The chance to have an impact and to develop your career within a mission driven organization with access to varied learning and training opportunities.

· A workplace that strives to put diversity and inclusion at the heart of our work.

· The opportunity to join and get involved in different working groups and affinity groups to shape the future of WRI.

· Commitment to hybrid working model with flexible working hours.

· Generous leave days that increase with tenure.

 

About Us:

Founded in 1982, World Resources Institute (WRI) is an independent, nonprofit global researchorganizationthat turns big ideas into action at the nexus of environment, economic opportunity, and human well-being. We are working to address seven critical challenges that the world must overcome this decade to secure a sustainable future for people and the planet: climate change, energy, food, forests, water, sustainable cities, and the ocean. WRI has a global staff of over 1,800 people with work spanning 60 countries. We have offices in Africa, Brazil, China, Europe, India, Indonesia, Mexico, Colombia and the United States, as well as a growing presence in other countries and regions.

The foundation of our work is delivering high-quality research, data, maps, and analysis to solve the world’s greatest environment and international development challenges and improve people’s lives. We work with leaders in government, business, and civil society to drive ambitious action and create change on the ground. Equally important, we bring together partners to develop breakthrough ideas and scale-up solutions for far-reaching, enduring impact.

Our mission and values:

WRI’s mission is to move human society to live in ways that protect Earth’s environment and its capacity to provide for the needs and aspirations of current and future generations.

Our values are shared ideals that bind us together: Integrity, Innovation, Urgency, Independence and Respect.

Our culture:

WRI is committed to advancing gender and social equity for human well-being in our mission and applies this principle to ourorganizationaland programmatic practices. We are committed to providing equal opportunities in employment; we embrace all diversity and encourage women, the LGBTQ+ community, persons with disabilities, Afro-descendants, and Indigenous people to apply.Recognizingour strong commitment to gender equality, WRI has also been awarded EDGE certification.

Our team in Human Resources carefully reviews all applications.

 

Nairobi, Kenya

location

This job has expired.