Investment Manager, Scalable Enterprises - Norfund

Norfund - The Norwegian Investment Fund for Developing Countries - aims to create jobs and better living conditions by investing in companies that contribute to sustainable development. The fund is owned by The Norwegian Ministry of Foreign Affairs and will help to establish and grow viable and profitable businesses in developing countries, which would otherwise not be initiated due to high risk. About half of the investment portfolio is in clean energy. Green infrastructure, financial institutions and scalable enterprises in the agricultural and manufacturing industries are other prioritized investment areas. Norfund has offices in Oslo, Nairobi, Cape Town, Accra, San José and Bangkok. Norfund's committed investments portfolio amounts to USD 3.5 billion in 150 companies. The number of employees is about 90.

Norfund’s investment sectors are Clean Energy, Financial Institutions, Scalable Enterprises (Food, Agribusiness and Manufacturing) and Green Infrastructure. We are in the process of expanding and wish to hire for our West Africa office based in Accra, Ghana. We are seeking a result- oriented person with a strong interest in investments and active ownership. The successful candidate must have the capacity to work both in teams and independently and be a resource for others in our investment departments. 

Responsibilities and tasks

• Work as Project Support or Project Manager in all phases of an investment, from the assessment of new opportunities through investment to development and exit, in our core and extended reach countries in West Africa. The roles primarily will be on Scalable Enterprises and Clean Energy, with main affiliation to Scalable Enterprises
• Evaluate potential investments, through due diligence, financial modelling and preparation of investment proposals and papers
• Work with teams on the active management of the portfolio and portfolio companies
• Update portfolio management systems and do reporting on portfolio and investment activity

• Assist in the sourcing and development of investment opportunities in Francophone West Africa, with a particular focus on Cote dÍvoire and Senegal
• Given this is a relatively new office with a small staff, be prepared to roll up your sleeves to help out as needed, be proactive, and be flexible about taking on other tasks and roles

Specific qualifications for this position:

• Master’s in Business, Economics, Finance or equivalent with a strong academic record
• A team player with strong analytical skills and good attention to detail
• Result oriented and with a structured, proactive and efficient work style
• Excellent communication skills in English and French, additional languages an advantage
• Minimum 6 years of relevant work experience (ideally investment experience), in a Francophone West African country. Preference is for Cote dÍvoire or Senegal

We can offer:

• A unique opportunity to achieve insight into private equity investments in developing countries
• A unique opportunity to invest for commercial return as well as developmental impact
• A highly competent and international working environment
• A key role in small and focused project teams in a relatively flat management structure

Norfund wishes to reflect the diversity in the society and encourages all qualified candidates to apply.

The position is based in Accra. Travelling is required.