This 8-month fellowship is designed to support emerging African fund managers who are actively investing across the continent and seeking to scale their impact. The program directly addresses the core challenges faced by fund managers, offering a strategic blend of technical training, tailored expert support, and networking opportunities to unlock the next stage of their growth.
The African Development Bank Fellowship for Emerging Fund Managers, an initiative of the African Development Bank (AfDB) is designed to support 20 African emerging fund managers. As the implementing partner selected by AfDB, I&P will bring its unique expertise as a General Partner (GP) and Limited Partner (LP) to deliver this first-of-its-kind capacity-building program, tailored to the realities and ambitions of African fund managers.
Eligibility
The Fellowship is open to emerging PE and VC fund managers who:
Are actively investing in Africa
Have either secured initial commitments, are at launch or close of first-time fund
Have relatively small, high-potential portfolios with clear additionality
Are focusing on underserved sectors or geographies
Have less than USD 50M in assets under management
Fund managers with representation of youth (below 35 years) in senior leadership positions are encouraged to apply!
Benefits
The program offers a dynamic combination of formats designed to deliver learning opportunities, enhance visibility, and provide tailored support.
Master the Fundamentals: Interactive webinars and deep dives into critical topics such as fundraising strategy, investment execution, impact measurement, and legal structuring
Immerse & Connect: A bootcamp held alongside a major ecosystem event, offering visibility and unique networking opportunities
Tailored Expert Insights: One-on-one mentorship with experienced private equity and venture capital professionals offering customized guidance to tackle your biggest strategic and operational challenges
Unlock Networking Potential: Continuous access to a network of limited partners, investors, and like-minded fund managers across the continent
