Pipa Bag Ltd is looking for an experienced international managing director to close an investment round to fund the company’s growth in Kenya and oversee day-to-day operations. The international managing director will be expected to close financing of at least USD 750,000 by December 2019. Successful candidates should have experience doing business in Kenya, a track-record raising money from international investors, experience in the waste management and energy sectors both in Kenya and internationally, and a robust network of investor contacts.
Duties & Responsibilities
Develop a fundraising strategy that meets the company’s funding needs for the next 24 months.
Identify and pitch international investors.
Facilitate due diligence.
Negotiate investment terms.
Close a funding round of at least USD 750,000 by Q4 2019.
Oversee the company’s Kenya operations.
Master’s degree in economics or finance.
At least 2 years waste management experience.
At least 2 years biofuels or renewable energy experience.
Experience working in Kenya.
Professional language competency in German or French.
Advanced financial modeling skills.
Start date: March 1st 2019.
Compensation: The new hire will earn a modest salary, but compensation is primarily performance-based. The employee will earn shares in Pipa Bag Ltd according to a milestone-based vesting schedule.
Travel: Regular travel to Europe and North America.
Pipa Bag Ltd is a municipal solid waste management company in East Africa that aims to eliminate 90% of illegal and open urban dumping, process waste in a manner that yields a net positive environmental impact, and be affordable to all households and businesses within the target market. The company’s innovative collection and processing model offers a convenient waste collection solution for customers while enabling the company to recycle up to 80% of the waste stream. Formed in 2018, the company is registered in Kenya.