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  The African Development Bank (AfDB) invites applications for its 8-month fellowship program supporting emerging African fund managers who are actively investing across the continent and seeking to expand their impact.
Read more about Opportunities
Implemented by I&P, which brings dual expertise as both a General Partner and Limited Partner, this pioneering capacity-building initiative will select 20 African fund managers to address their core challenges through technical training, expert mentorship, and strategic networking opportunities.
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Who Can Apply?

Eligible candidates are emerging private equity and venture capital fund managers who:
  • Currently invest in Africa.
  • Have secured initial commitments or are launching/closing their first fund.
  • Maintain small but high-potential portfolios with clear additionality.
  • Focus on the underserved sectors or regions in Africa
  • Manage assets under $50 million
  • Fund managers with young leaders (under 35) in senior positions are especially encouraged to submit applications.
Register to attend the CN Business Mixer

Program Benefits

Participants will receive comprehensive support through:
  • Knowledge Building: Interactive webinars and in-depth sessions covering fundraising strategies, investment execution, impact measurement, and legal structuring
  • Network Development: A bootcamp alongside a major industry event, offering visibility and valuable connections
  • Personalized Guidance: One-on-one mentorship with experienced PE/VC professionals providing tailored advice for your specific challenges
  • Relationship Building: Ongoing access to limited partners, investors, and fellow fund managers across Africa
Applications due by May 21, 2025. APPLY NOW
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This article was first published on 10th May 2025
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ugo-chinedu

I am a Lion, I love to hit heights that seem impossible so I can motivate others and prove doubters wrong. For me, impossible is nothing. I'm open to learning and I love to read, travel and meet new faces.

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