With a focus on real-world challenges and growth opportunities, the fellowship offers hands-on training, personalized mentorship, and global exposure to unlock the full potential of fund managers shaping Africa’s financial future.

If you’re a fund manager looking to scale impact, attract funding, and connect with top LPs, this 8-month, part-time, remote-first fellowship could be the game-changer you need.

African Development Bank Fellowship Summary 

About the Fellowship

This African Development Bank Emerging Fund Managers Fellowship 2025 is the first-of-its-kind capacity-building program tailored to Africa-based fund managers.

With African capital markets evolving rapidly, the program directly tackles the funding, operational, and strategic issues facing early-stage managers on the continent.

Key Objectives:

• Strengthen fund managers’ technical knowledge
• Expand access to international investors and Limited Partners (LPs)
• Foster innovative financing approaches across underserved regions and sectors

Eligibility Criteria

To apply, candidates must meet the following requirements:

• Be a Private Equity (PE) or Venture Capital (VC) fund manager
• Be actively investing in Africa
• Have less than USD 50 million in assets under management
• Be in the launch stage or closing of a first-time fund
• Have small but high-potential portfolios
• Focus on underserved sectors or geographies
• Demonstrate clear additionality and impact goals

Program Benefits

Participants will benefit from a rich mix of training, exposure, and mentorship:

1. Core Training Modules

• Fundraising strategy
• Investment execution
• Legal structuring
• Impact measurement
• Portfolio development

2. In-Person Bootcamp

• Held alongside a major African investment event
• Boosts visibility and ecosystem connections

3. Expert Mentorship

• One-on-one sessions with seasoned fund managers
• Personalized strategic guidance

4. Networking Opportunities

• Access to a growing network of African and global LPs, investors, and fellow fund managers

Application Timeline

• Applications Open: Ongoing
• Deadline to Apply: May 21, 2025
• Program Duration: June – December 2025

How to Apply

• To apply for the African Development Bank Fellowship 2025, visit the official webpage: HERE
• The program will begin in June. Applications are open until May 21, 2025. Link to application form https://form.jotform.com/250825347216355.
• Once on the page, fill in the form and follow the onscreen process to complete the application.
• Ensure your application is complete and submitted before the deadline. Selected fellows will be contacted directly.

For more details, visit the website here.

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