Intern (m/f/d) Venture Capital in Africa

The 'Innovative Capital Mobilisation in Africa' (ICAMA) Initiative aims to mobilise private capital for startups and growth firms in Africa. To achieve this, ICAMA develops and scales innovative investment vehicles that address key structural barriers in African venture capital markets. This work is undertaken in close collaboration with ICAMA partners – leading investors, fund managers, development finance institutions, foundations, policymakers and industry experts from Africa and Europe.
In addition, ICAMA is exploring how to strengthen connections between German and European investors and African venture capital fund managers through an Investor Access Platform that facilitates market understanding, trusted partnerships and curated investment opportunities.
ICAMA was launched at the Hamburg Sustainability Conference 2025, the Africa Early Stage Investor Summit 2025 and the World Economic Forum 2026.

• Support with design and scale-up of the five investment vehicles (incl. fund-of-funds, secondary structures), including research, conceptualization, preparation of consultations (e.g. ‘working group’ meetings) and support in steering of service contracts / financing agreements
• Support the development and implementation of ICAMA's Investor Access Platform, connecting German and European investors with African venture capital opportunities.
• Support with the coordination of the ICAMA Initiative, including engagements with investors, fund managers and development finance institutions across private equity and venture capital ecosystems
• Contribute to the preparation and implementation of high-level events in Europe and Africa, including logistics, agenda setting, invitation management etc.
• Ad hoc support e.g. for team meetings/workshops, the Africa department, as well as regarding the collaboration with other GIZ projects in field of startup promotion

Required criteria:

• You have completed your Bachelor’s in the field of economics, finance or business administration, are currently pursuing your Master’s in above-mentioned fields or have completed your Master’s in above-mentioned fields no more than 6 months ago at the beginning of your internship
• In-depth expertise and knowledge of capital markets and Venture Capital
• Initial professional experience in the financial sector (e.g. VC funds, asset managers, banks, institutional investors) and/or with consulting firms
• Confident interaction in the financial sector and in international networks
• Strong communication and teamwork skills, very good written expression and PPT skills, as well as the ability to work independently
• Fluency in English

Desirable criteria:

• Initial professional experience in development cooperation (e.g. with DFIs), ideally on the African continent or in countries of the Global South
• Fluency in French and/or German

GIZ is a signatory of the Diversity Charter. Recognition, appreciation and inclusion of diversity in the company are important to us. All employees shall be valued - regardless of gender and gender identity, nationality, ethnic origin, religion or belief, disability, social background, age or sexual orientation. 

Please be informed that you are only allowed to apply for this internship, if you are currently enrolled as a student or graduated not longer than six months ago from the start of your internship.

 We pay a monthly stipend of €2.349,- (gross).

We support equal opportunities and welcome applications from people with disabilities. 

For further information, please contact Ms Anna-Sophia Elm (anna-sophia.elm@giz.de).