Associate Investment Officer – Infrastructure Africa

Build a career with impact. Working at the World Bank Group (WBG) provides a unique opportunity to help countries solve their greatest development challenges. As one of the largest sources of funding and knowledge for developing countries, the WBG is a unique partnership of five global institutions dedicated to ending poverty, increasing shared prosperity, and promoting sustainable development. With 189 member countries and more than 120 offices worldwide, the WBG works with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges.

The International Finance Corporation (IFC), a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2025, IFC committed a record $71.7 billion to private companies and financial institutions in developing countries, leveraging private sector solutions, and mobilizing private capital to create a world free of poverty on a livable planet. For more information, visit www.ifc.org.

Sustainable infrastructure is critical for addressing developmental challenges in emerging markets. IFC offers long-term financing and industry-leading expertise to develop infrastructure projects that provide essential services – including energy electricity, water and sanitation, transportation and logistics, telecommunications, mining and natural resources – in partnership with the private sector. As part of the World Bank Group, we also work with governments and development partners to create a business environment that attracts private capital to infrastructure sectors. The department is responsible for sourcing, structuring, executing, and supervising pre-investment, investment and portfolio transactions in the core infrastructure sectors across Africa.

The unit is tasked with developing and incubating a multi-year pipeline of market opportunities and bankable projects. Duties and Accountabilities The Associate Investment Officer will identify new investment opportunities, execute transactions and actively manage portfolio projects. More specifically, assignments will encompass: • Business Development: Gather market intelligence, source and assess opportunities, anticipate market trends, and by employing sector/country knowledge identify bankable projects then synthesise information into internal reports and briefings for decision-making purposes. The Associate Investment Officer will also support and work closely with various Client Relationship Managers for assigned clients in the development of client strategies, engagement plans, relationships and pitchbooks, engaging with clients, as appropriate, to understand their business directions and challenges that may lead to new opportunities.

Work closely with IFC country representatives, World Bank, and MIGA colleagues including on developing client, country, regional, and sector strategies, and support related promotion work, including early-stage development and sector / policy advisory work. • New Investments: Evaluate, structure, negotiate, and close new debt and equity transactions, portfolio restructurings, capital increases, equity sales, etc. This shall include performing credit and risk assessments (covering financial, technical, environmental and social, legal, insurance as well integrity aspects), financial projections, due diligence of project and/or company documentation, negotiating, structuring and documenting finance documents, as well as preparing internal documents required for internal approvals. • Transaction Management and Portfolio Monitoring: Support or Lead investment transactions incorporating lessons learned from IFC’s earlier investments, portfolio management or advisory mandates. Handle disbursements, waivers and complex client interactions such as restructurings; covenant compliance reviews (debt monitor and value equity investments and recommends/executes the sale of holdings), and general supervision of assets held in IFC’s portfolio as assigned. Review and analyze the financial and operating performance of clients; prepare quarterly risk ratings, annual supervision and other management reports as well as project profiles.

Apply knowledge of project/portfolio lifecycle to identify and meet critical path milestones and to implement tasks (including production of documents) in a timely and high-quality fashion for the processing or supervision of projects. Deliver all duties of the role efficiently, on a timely and expeditious basis and using best practice standards. Monitor the assigned portfolio projects and report development results internally and externally, as required. Coordinate and work closely with credit risk, legal, technical, insurance, social and environmental, corporat