The internship offers the opportunity for young graduates to gain experience analyzing and executing investments in African champions and committing to funds managed by African general partners. More specific responsibilities include:

Investment analysis

• Analyzing investment opportunities by building financial models, assessing historical performance and contributing to investment memorandums
• Developing valuations under the guidance of Investment Officers and Investment Managers; refining investment cases, forecasts and sensitivity analyses
• Creating quarterly reports on the performance of funds and portfolio investments
• Conducting desktop research on macroeconomic conditions in the markets in which ACIF invests, on priority investment sectors and specific to investment opportunities identified by the team
• Participating in meetings with financial, legal, tax, and impact advisors in conducting due diligence of investment opportunities
• Supporting the execution of transaction processes, including overseeing meeting of conditions precedent, and closing
• Working with management teams to develop and complete reporting requirements
• Ensuring appropriate reporting by portfolio funds or companies

WHO YOU ARE

Education & Experience

• Bachelor’s degree in finance, accounting, business, actuarial science, economics, engineering, statistics, data analytics or an associated field from a recognized institution
• Mastercard Foundation Scholar Alumni
• Understanding of investment fundamentals, key drivers of major African markets, and risks of operating in complex markets