Portfolio Manager - EEP Africa

Key responsibilities

The Portfolio Managers have responsibility for the direct and day-to-day interface with projects and grantees of EEP Africa. In addition, they form an integral part of the EEP Africa team to deliver the Fund’s objective to provide a sustainable and effective model for identifying and fast-tracking support to innovative renewable energy and energy efficiency projects.

Key responsibilities and corresponding deliverables are listed below. Additional requests may be made to the Portfolio Manager in line with above objectives and as agreed between the Portfolio Manager and the Head of Portfolio for EEP Africa.

General support to Fund management:

• Input to annual and quarterly workplans;
• Input to quarterly fund report;
• Attend regular EEP Africa (virtual) team meetings with the fund manager;
• Support to the Supervisory Board meeting preparations as requested;
• Represent the Fund and its interests inside the EEP Africa region and elsewhere as appropriate and agreed;
• Regular updates on site visits, grantees, events, and investment opportunities for communication purposes.

Portfolio management:

• Regular and proactive communication with between 10 to 15 grantees, as well as ad hoc engagements with EEP Africa’s alumni network;
• Review, validate and process milestone reporting and disbursements from EEP Africa grantees ensuring that all supporting documentation, approval and safeguards procedures are adhered to;
• Adhere to effective financial management, grant and repayable grant administration and disbursement procedures;
• Prepare project modification and extension requests with possible amendment of financing agreements;
• Attend regular meetings with the fund manager to discuss portfolio progress, potential red flags, upcoming project modification needs, as well as other ad hoc needs of grantees;
• Ensure effective follow up of project implementation including proactive portfolio risk management and project visits, with particular attention to regular follow up of environmental and social safeguards;
• Provide input to the set-up and design, and utilise online portfolio management system as procured by NDF.

Call for Proposals (CfP)

Support the annual CfP from EoI stage through to contracting and onboarding of new grantees, including timely support to the following steps:

• Marketing, communication and advertisement in the region and elsewhere as required;
• Pre-screening of assigned Expressions of Interest against minimum criteria and general quality;
• Detailed evaluation of assigned EoIs against preset evaluation criteria and frameworks;
• Long-listing of applications in coordination with the fund manager;
• Pitch interviews with assigned long-listed applicants;
• Shortlisting of applicants who will proceed to full proposal stage;
• Proposal development with 5-10 assigned applicants;
• Evaluation of assigned proposals;
• Development of memos for the Investment Committee for assigned projects;
• Presentation of the recommended portfolio to the Investment Committee;
• Comprehensive due diligence process and reporting for assigned projects;
• Preparing financing agreement and supporting documentation templates related to assigned approved grant and repayable grant projects for the fund manager’s review, approval and signature;
• Onboarding support to new grantees.

Monitoring, Evaluation and Learning

• Support reporting on key indicators and impact from active portfolio within MEL framework by working closely with the MEL Officer;
• Support the preparation of physical and/or virtual knowledge events in strategic partnership with other stakeholders;
• Support the development of high-quality, timely knowledge briefs, case studies and sector thematic reports.

Technical assistance: Business Development Support & Investment Facilitation

• Identify grantee needs for targeted TA expertise with core focus on strengthening investment readiness “post EEP Africa”;
• Engage proactively in regular discussions with grantees to identify needs in terms of raising additional financing and reaching investment readiness;
• Support as appropriate regular investor facilitation activities for EEP Africa grantees;
• Coordinate with TA providers on designing the scope of TA engagements, attend meetings between the TA provider and grantees.