Digital Africa, a subsidiary of Proparco, has the mission of unlocking the barriers to success for entrepreneurs from regions on the fringes of the most mature ecosystems, by deploying a financing offer in start-ups from the pre-seed and tailor-made support phases.
Digital Africa is the subsidiary of Proparco, AFD group, dedicated to supporting and assisting digital entrepreneurs on the continent in seed stage. With a budget of 30 million over 3 years, it invests and supports African tech startups, primarily in regions on the fringes of the most mature ecosystems. Digital Africa targets entrepreneurs upstream of Proparco's intervention areas, from the pre-seed phase, both by investing directly in start-ups and by offering these start-ups a tailor-made support offer that is as close as possible to their needs.
1. Background
To strengthen the capacity of African investment teams and foster effective venture capital (VC) practices, Digital Africa aims to implement an intensive 20-week training program. This program is designed to provide comprehensive knowledge and practical skills for managing VC investments, deal sourcing, due diligence, and portfolio construction, among other areas critical to the success of VC practices.
2. Objectives of the Training Program
The main objective of this training program is to equip participants with advanced skills and tools to:
Understand and navigate the complexities of the African VC landscape.
Build and optimize investment pipelines to identify high-potential opportunities.
Conduct thorough due diligence, leveraging advanced methodologies.
Develop robust valuation analyses, term sheets, and negotiation strategies.
Construct and manage diverse, impactful portfolios.
Strategize exits to maximize returns and align with fund economics.
Foster thought leadership and enhance fund branding for VC platforms.
3. Scope of Work
The selected training provider will be responsible for:
Program Development and Delivery:
Designing a curriculum that aligns with the needs of Digital Africa’s investment teams.
Delivering 20 live training sessions, including onboarding, tutorials, workshops, and learning sessions.
Ensuring all sessions are recorded and accessible to participants.
Participant Support and Engagement:
Facilitating weekly WhatsApp-based support for participant queries and assignment help.
Providing personalized feedback on post-session assignments and pre-session preparations.
Materials and Case Studies:
Co-developing assignment structures and materials using Digital Africa input.
Providing resources such as startup decks, financial models, due diligence checklists, and term sheets.
Final Deliverables:
Guiding participants to create pre-designed VC platform proposal concepts, build execution budgets, and present to peers.
Coordinating an in-person graduation ceremony to celebrate participant achievements.
4. Deliverables
The selected provider will deliver:
Training Materials: Comprehensive pre-session briefs, case studies, and tutorial content.
Recordings: Full recordings of all live sessions.
Assignments: Evaluation and feedback for all assignments and pre-session preparations.
Final Project Support: Guidance for the development and presentation of VC platform proposal concepts.
Graduation Ceremony: Organization and facilitation of an in-person graduation event, including presentations of final proposals.
5. Expertise Required
The training provider should demonstrate:
Venture Capital Expertise: Deep knowledge of VC operations, investment strategies, and African market dynamics.
Educational and Training Experience: Proven track record in delivering similar training programs for investment teams.
Resource Development: Ability to create engaging and practical training materials.
Cross-Cultural Competence: Experience working with diverse teams in a multilingual environment.
Technical Expertise: Familiarity with tools and methodologies used in VC, such as financial modeling, valuation techniques, and due diligence frameworks.
7. Submission of Proposals
Interested training providers are invited to submit their proposals, including:
A detailed methodology and program outline.
Profiles and qualifications of the facilitators.
Examples of similar training programs conducted.
A financial proposal with a detailed budget breakdown.
Proposals should be submitted to Ali Mnif, Chief Investment Officer, at amnif@digital-africa.co by February 5, 2025, at 5 PM GMT.
Proposals can be submitted in French or English.
8. Evaluation Criteria
Proposals will be evaluated based on:
Relevance of Approach: Alignment of methodology and content with program objectives.
Experience and Expertise: Qualifications and track record of the training provider.
Cost-Effectiveness: Value for money and budget alignment.
Innovation: Creativity in program design and delivery.
|