JOBS/VACANCIES

Founders Factory Africa Recent Job Openings

Founders Factory Africa (FFA) exists to create a thriving African startup economy that drives prosperity across Africa. We are venture builders dedicated to solving some of Africa’s biggest challenges and capitalising on its incredible potential by leveraging market and tech opportunities. We seek to build an ecosystem that supports authentic innovation and our goal is to be the best growth engine for entrepreneurs across Africa and beyond. We believe by supporting entrepreneurship and innovation, we will unlock employment opportunities and drive inclusive growth across the continent.

We are recruiting to fill the position below:

Job Title: Impact and Research Director

Location: Nigeria
Employment Type: Full time | Hybrid

Job Description

  • The Impact and Research Director is a critical role in ensuring that FFA delivers on its commitment to make a meaningful and measurable impact across Africa.
  • The successful candidate will work closely with other Heads of functions, the executive team, shareholders and corporate partners to develop an impact strategy and framework that is aligned to FFA’s mission and impact objectives and work across functions to ensure successful implementation.
  • This is a full-time position and will be required to work in Johannesburg, Kenya or Nigeria. We operate a hybrid model where you will be required to be in the office at least 3 days a week

Key Responsibilities

  • Develop an impact strategy that articulates  the organisation’s impact objectives, ensuring that these are aligned with the organisation’s broader mission and strategy
  • Design and deploy an end-to-end impact measurement and management approach embedded within the entire investment process (  deal sourcing, selection/investment decisions, post-investment support, and reporting), with consideration of industry best practices and standards
  • Manage relationships with investors, corporate partners, portfolio companies, and other stakeholders to ensure alignment with FFA’s impact strategy
  • Build and manage a solid team to deliver on the impact strategy and IMM approach.
  • Empower and build the capacity of the wider FFA team and Founders to implement/embed the impact strategy across the organisation, through technical guidance and support to management teams, training, and sharing of best practices
  • Develop and execute the FFA impact, research, and learning agenda.

Specific activities include:

  • Identify, assess and evaluate impact potential and risks across the investments and grants process life-cycle; from pre-investment due diligence through to investment
  • Participating in sourcing calls and analysing potential investments to understand their potential impact contribution and alignment with FFA impact themes (Impact due diligence)
  • Monitoring the performance of FFA’s portfolio against selected KPIs and initial development/impact goals
  • Provide support to  portfolio companies  to  define and measure impact
  • Manage and coordinate the collection of impact data from other teams and FFA portfolio companies, providing support for timely, accurate, and consistent reporting
  • Synthesise impact data/results into practical insights that inform decision making
  • Produce impact reports for  FFA stakeholders including investors, exco, board of directors, and subcommittees of the board
  • Coordinate with the Communications team within FFA to develop and disseminate impact stories and learning, using creative channels to reach different audiences/stakeholders
  • Continuously monitor trends in the impact domain to ensure the company’s recognition and visibility as a leader in designing, delivering, and capturing impact
  • Regularly producing research and thought leadership on impact as it relates to the business and its portfolio companies
  • Develop a fit-for-purpose data management strategy, and identify/design and deploy tools and technology required to facilitate data collection, analysis and visualisation

Requirements
Candidates should meet the following minimum requirements:

  • At least 10 years of relevant experience in impact and/or responsible investing, impact strategy, and implementation related to incubators, accelerators, and early-stage investments
  • Undergraduate or honours graduate degree in a related discipline
  • Knowledge and understanding of key frameworks and methodologies in impact measurement and management (i.e. IMM, GIIN, 5 Dimensions of Impact, UNPRI, etc.)
  • Understanding of venture building, accelerators and investments in early-stage startups in Africa
  • Ability to deploy a wide variety of qualitative and quantitative research methods and tools
  • Appetite for collecting and analysing data to produce meaningful reports to various stakeholders
  • Experience in data visualisation tools like Power BI, google studio, QlikView, or Tableau is a plus
  • Adept in developing and implementing  cross-functional projects
  • Strong collaboration and project management skills are a must.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

 

 

 

 

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Job Title: Venture Capital Market Analyst (Internship)

Location: Nigeria
Employment Type: Internship | Hybrid
Duration: 3-month period from February to May 2023
Category: Founders Factory Africa – Investments

About the Role

  • As a member of the investment team, you will contribute to building the investment department’s broader capabilities to support portfolio companies. This will involve ad-hoc projects as required.

Your tasks will include:

  • Building relevant internal databases which involves:
    • Reaching out to ecosystem players for interviews
    • Developing surveys for founder and investor feedback
    • Leveraging tools to scrape the web for data points
    • Consolidating and synthesising information for reporting
  • Market research and analyses
  • Other investment-related support

Preferred Profile

  • You have passion and existing knowledge of VC in Africa (ideally with experience on the continent).
  • Outstanding analytical and strategic thinking skills combined with strong judgment, a sense of responsibility, and curiosity.
  • A self-starter, able to operate independently and take on tasks as required.
  • Fluency in English is essential.

Additional Information:

  • Founders Factory Africa provides a rare opportunity to join a team of world-class thinkers, entrepreneurs, and creators.
  • We provide the freedom and excitement of early-stage startups but the stability and resources of a large organisation. Founders Factory Africa has global ambitions, and you’ll play a key role in our future success.
  • This role is a once-in-a-lifetime opportunity to join a high-growth organisation and to help shape the future of Africa’s startup ecosystem.

Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should:
Click here to apply online

 

 

 

 

 

 

 

Job Title: Senior Venture Sourcing Lead

Location: Nigeria
Employment Type: Full time | Hybrid
Category: Founders Factory Africa – Venture Sourcing

 

The Role

  • We are looking to hire a Senior Venture Sourcing Lead to support our efforts in sourcing and qualifying early-stage startups in Africa.
  • The successful candidate will co-lead our ecosystem engagement efforts to source and identify promising startups, as well as lead the investment process which culminates into Investment Committee approvals.
  • The candidate will need to have a good understanding of technology and business models and have existing networks and exposure to the startup world within Africa.

Responsibilities
Sourcing new investment opportunities and leading ecosystem engagement efforts:

  • Support in developing and maintaining an active partnership referral network within the African Tech ecosystem
  • Conduct market analysis and keep up to speed with sector trends and market performance
  • Lead deep dives, industry analysis, and market mapping
  • Source, identify, and evaluate new investment opportunities – startups and founders
  • Attending, participating, and hosting industry events to promote FFA venture programs, working with the rest of the sourcing team.

Screening, Qualifying, and presenting opportunities at the Investment Committee- Lead on converting investment opportunities:

  • Take responsibility for all aspects of the sourcing process (initial screening, negotiation, qualification process, due diligence, and stakeholder socialisation)
  • Conduct thorough opportunities assessment, including market and competitor analysis, technical due diligence, impact modelling, and financial model review
  • Prepare documentation to present and sell new investment opportunities internally and to the Investment Committee

Portfolio Support and monitoring:

  • Work with the portfolio and ventures team in strategic planning for company growth, business model design and critical support areas

Candidate Profile

  • Have a minimum of 3 years of experience in a similar venture capital fund leading the end-to-end investment process.
  • Outstanding interpersonal skills, able to build a network, source companies, and develop relationships with top African entrepreneurs and other tech/entrepreneurship ecosystem players in key markets across Africa.
  • An analytical mind able to qualify and understand different concepts and business models.
  • Independently be able to form views around investment decisions, make recommendations, and present deals to senior colleagues and the investment committee.
  • Be proficient in Excel and comfortable manipulating data and building financial models.
  • Knowledge and experience building financial models
  • Extensive knowledge, enthusiasm for, and interest in technology and start-ups
  • A self-starter who thrives in an autonomous role, with excellent prioritisation, self-organisation, and execution skills

Benefits

  • The role is in a fast-moving company, with a startup culture – this offers lots of opportunities to learn, be hands-on, agile, and have the freedom to develop strategy and execute it without bureaucratic constraints.
  • This is an exciting opportunity to join one of Africa’s largest venture development and investment companies, to help shape the future of Africa’s startup ecosystem
  • Growth and Learning: work with and meet exceptional talent and learn faster than you ever have before. We are in a startup environment, not corporate 9-5, so you determine where you want to grow and how quickly you want to do this.
  • Variety: Opportunity to work on hundreds of different products across a variety of sector.
  • Health and Wellness: Comprehensive extended health care coverage.
  • Network: Founders Factory Africa is part of the strongest global network for startup founders. Our relationships with corporate executives, established entrepreneurs, and funders are unparalleled.
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Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should:
Click here to apply online

 

 

 

 

 

Job Title: Director, Entrepreneur Academy

Location: Nigeria
Employment Type: Full time | Hybrid
Category: Founders Factory Africa – Venture Design Academy

Job Description

  • We are looking for a strong, agile, digitally-savvy, data-led entrepreneur with a passion for youth education in Africa to lead the creation of this venture.
  • The incumbent will play a critical role in building our Entrepreneur Academy. The successful candidate will lead the design and execution of strategic experiments across multiple markets in order to: create effective curricula that is delivered via a scaleable, tech-enabled model, leading to the creation of a  significant number of youth-employment opportunities in the next 5 years.
  • The Entrepreneur Academy Director will be supported by a dedicated team as well as having access to the broader FFA team.
  • This is a full-time position and will be required to work in London, Johannesburg, Kenya, or Nigeria. We operate a hybrid model where you will be required to be in the office at least three days a week

Responsibilities

  • Developing a Entrepreneur Academy strategy that leverages FFA’s unique experience and expertise in building tech start-ups and is informed by the complex challenges driving youth unemployment across the markets we work in
  • Leading the design and execution of iterative experiments/pilots aimed at creating, validating, and refining all aspects of FFA’s Entrepreneur Academy program
  • Overseeing qualitative research using methods such as qualitative interviews, experience mapping, service blueprints, and user journeys
  • Build up a support team and manage a dispersed team across our key markets
  • Representing FFA in the broader Entrepreneur Academy ecosystem to ensure that our program reflects emerging best practices and to identify opportunities for collaboration, partnerships and for amplification of our work
  • Working with our Community & Communications team to develop effective branding and marketing materials and strategies for recruiting high-potential learners
  • Working with our Embedded Impact and Learning team to design and implement a monitoring and evaluation framework that tracks the impact of the program, distils insights, and creates feedback loops that drive continuous improvement in programming.

Requirements
Candidates should meet the following minimum requirements:

  • Undergraduate or Honours Graduate Degree in a related discipline.
  • At least 10 years of relevant experience building companies or programs in Africa
  • Adept in developing and implementing  cross-functional projects
  • Strong collaboration and project management skills are a must.

The ideal candidate is or possesses:

  • Leadership experience and ability that translates into execution. Likely demonstrated by previous experience leading the successful creation of a company or program that scaled
  • Demonstrated ability to clearly distil a problem and subsequently identify solutions through iteration(e.g., by following the data and pivoting the approach) rather than charging forward with an initial hypothesis
  • Digitally savvy, with a keen sense of the importance of tech in creating scalable delivery channels as well as the risks posed by poorly designed, tech-for-tech’s sake solutions
  • Performance-focused in their approach to work. Comfortable with setting ambitious targets and managing to these, including the desire to be incentivized based on performance
  • A  passion for education in Africa, The candidate may not be an expert but views Entrepreneur Academy as a critical problem to solve and has empathy for the target market
  • Experience working across markets in Africa
  • Preference for candidates with a deep network in E4E or Venture Design that they would be able to tap into
  • Preference for candidates that have: led a startup, worked in the impact space, or have worked in an Edutech context

Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should:
Click here to apply online

 

 

 

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Important Notes

  • The above statements are intended to describe the general nature and level of work to be performed by those assigned to this function.
  • It should not be construed as an exhaustive list of all responsibilities, tasks and skills required of persons so classified.
  • All employees may be required to undertake other responsibilities in addition to those specified from time to time, as required.
  • We do not charge any application, processing, training, interview, testing or any other fees in connection with the application or recruitment process. If you receive a fee request, please ignore it.
  • Also, please note that logos, slogans, names and titles are easily copied and reproduced. Therefore, particular care should be taken when submitting personal information on the web.
  • We are an equal opportunity employer that values ​​inclusiveness and diversity. We do not discriminate on the basis of color, race, nationality, religion, age, ethnic origin, disability, gender, marital status or orientation gender in our employment practices
  • Our employees are all equally talented in unique ways: we come from diverse traditions, personal experiences and perspectives. And we want to include your ideas, are you ready to inspire us with your ideas?
  • We encourage all applicants to apply and do not discriminate in any recruitment process.
  • Applications submitted after the deadline will not be considered.
  • Due to the necessity of the position, we are entitled to appoint a candidate who matches the required profile before the above deadline
  • Only qualified candidates will be invited for an interview

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