Investment Ecosystem Development Manager at Renew Capital | August 2024

WHO IS RENEW CAPITAL?

At Renew Capital, we see opportunities in Africa where others, too often, only notice the problems. We invest, rather than provide handouts, by finding promising businesses, connecting them to a global network of investors and growing them into world-class companies. We do this because we believe that many growing businesses, together, create the engine that lifts entire nations out of poverty. Our ambition is to become the best middle market investment firm in Africa. We’re looking to hire those who embody our values and get excited about our vision for a prosperous Africa with growing businesses, thriving nations and a legacy of investment. Our organizational values are intelligence, integrity, beauty and grit.

Since establishing the Renew Capital presence in Africa in 2012, we have been pioneering an innovative blended-finance model that partners with the development community and focuses on investing in high-growth small and medium enterprises (SMEs). This blended-finance model allows us to invest in smaller deals that are often overlooked by larger investors but are too big for microfinance. We then help these companies build disciplined, gender-smart and climate-smart management systems and teams and grow them into market leading companies. As a result of our investment work to date, Renew Capital has mobilized millions of dollars into businesses in Africa, and built a large network of investors, the Renew Capital Angels.

We are inviting passionate and qualified candidates to apply to join our team as an Investment Ecosystem Development Manager in Dar es Salaam. In candidates, we look for professionals with a trailblazing attribute who align with our organizational values. We welcome challenges and face them head-on each and every day! What we do is not easy, but it is rewarding and forces us to grow and innovate. As such, we hire individuals who are committed to their work, take pride in what they do and are relentless in advancing projects forward in a systematic manner. The people that flourish at Renew Capital are mission-driven; they see the big picture and the long-term result of their work, and they sincerely wish to make a lasting economic impact on the continent of Africa. If this sounds like you, we encourage you to apply.

ROLE SUMMARY

This role will assist in further establishing Renew Capital’s presence in Tanzania by engaging key stakeholders, establishing Renew Capital’s brand through the engagement of development and investment ecosystem actors, and managing research and/or private sector consulting
projects. This role will also conduct sourcing investment opportunities for growing our pipeline, as appropriate.

Successful candidates will have a strong background in project management, entrepreneurship and/or investment work and are comfortable operating in an extremely adaptive and fast-paced environment. Further, this role requires being emotionally intelligent, patient and an excellent
communicator.

Responsibilities:

Training and Coaching

• Facilitating training and coaching opportunities for companies that are involved with Renew Capital’s newly launched green and blue economy project.
• Design locally appropriate business acceleration opportunities for businesses and partnerships with local/international companies operating in Tanzania with whom Renew Capital could partner on the project.
• Source local mentors and investors that would be interested in being involved in the program.
• Lead local peer-to-peer mentoring sessions with startups in the green and blue economy space.

Ecosystem Engagement

• Creating fruitful relationships with startups and SMEs, development organizations, government agencies and strategic private sector partners in their assigned country office.
• Establishing Renew Capital’s brand by representing the company at various events and functions and educating stakeholders about our blended finance model.
• Hosting learning events attended by key stakeholders.
• Developing recommendations and helping establish revenue-generating initiatives in their assigned country office to ultimately result in a financially sustainable country office for the firm.
• Supporting the business intelligence team in sourcing, researching for and/or contributing to proposals for consulting work in their assigned country office.

Investment Sourcing & Management

• Sourcing Tanzanian companies for Renew Capital’s investment pipeline.
• Processing new leads in Renew Capital’s client resource management system (Hubspot).
• Performing the required due diligence, including financial and investment due diligence.
• Assisting in all aspects of the transaction, including deal selection, negotiation and execution.
• Presenting opportunities to Renew Capital’s angel network and introducing entrepreneurs via members’ calls and blogs.

Preferred Qualifications:

• Experience with green and blue economy projects, businesses, consulting, etc.
• 8-10 years’ experience in an investment environment.
• Experience working from home and in a highly fluid and flexible environment.
• Ability to meet project deadlines and achieve or exceed required results in collaboration with teams.
• Excellent written and oral English communication, presentation and training skills.
• Advanced Microsoft Excel and PowerPoint skills.

Benefits:

• Medical insurance coverage.
• Paid leave.

About Renew Capital:

We invite you to learn more about Renew Capital by visiting our website: www.renewcapital.com.  

Renew Capital is an equal opportunity employer. All applicants will be considered for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, veteran or disability status, or any other basis prohibited by law. Further, Renew Capital supports gender-based pay equity and is committed to compensating women and men equally, for equal work.