GIZ Intern Venture Capital in Africa 2027 – Germany
The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) is inviting applications for an Intern Venture Capital in Africa position supporting its Innovative Capital Mobilisation in Africa (ICAMA) initiative. The full-time internship is based in Eschborn, Germany, and runs from 1 January to 30 June 2027.
This opportunity is aimed at students and recent graduates with backgrounds in economics, finance or business administration who have a strong interest in venture capital, private equity, African investment markets and development finance.
About GIZ
GIZ is a German federal government-owned organisation that supports international development and the implementation of development policy goals worldwide. For more than 50 years, GIZ has worked with partner organisations in countries around the world on projects focused on sustainable development and international cooperation.
The internship will be part of the Innovative Capital Mobilisation in Africa (ICAMA) Initiative, which seeks to mobilise private capital for African startups and growth companies.
About the ICAMA Initiative
ICAMA develops and scales innovative investment vehicles designed to address structural barriers in African venture capital markets.
The initiative works closely with investors, fund managers, development finance institutions, foundations, policymakers and industry experts from Africa and Europe.
ICAMA is also developing an Investor Access Platform designed to strengthen connections between German and European investors and African venture capital fund managers. The platform aims to improve market understanding, build trusted partnerships and provide curated investment opportunities.
For interns interested in African venture capital, this provides exposure to the intersection of private investment, development finance and entrepreneurship.
Key Responsibilities
The intern will support several areas of the ICAMA programme, including:
- Supporting the design and scale-up of five investment vehicles, including a fund-of-funds and secondary fund.
- Conducting research and contributing to the conceptualisation of investment initiatives.
- Preparing consultations and working group meetings.
- Supporting the management of service contracts and financing agreements.
- Supporting the development and implementation of the Investor Access Platform.
- Coordinating engagement with investors, fund managers and development finance institutions.
- Supporting high-level events in Europe and Africa.
- Assisting with event logistics, agenda development and invitation management.
- Providing support for ICAMA team meetings, workshops and related GIZ projects.
- Supporting collaboration with other GIZ projects focused on startup promotion.
The role provides practical exposure to venture capital ecosystems, investment vehicles, investor engagement and development finance.
Who Can Apply?
Applicants must meet specific educational and eligibility requirements.
Candidates must have completed a Bachelor’s degree in economics, finance or business administration and either be currently pursuing a Master’s degree in one of these fields or have completed their Master’s degree no more than six months before the internship begins.
Applicants should have:
- Strong knowledge of capital markets, venture capital and/or private equity.
- Initial professional experience in the financial sector, such as venture capital funds, asset management, banking or institutional investment.
- Experience with consulting firms is also relevant.
- Previous experience in development cooperation is desirable, particularly experience involving development finance institutions or work in Africa or other Global South countries.
- Strong communication and teamwork skills.
- Excellent written communication and PowerPoint skills.
- The ability to work independently.
- Experience in public relations is an advantage.
English fluency is required. French is desirable, while German is considered an advantage.
Internship Details
Position: Intern Venture Capital in Africa
Organisation: GIZ
Initiative: Innovative Capital Mobilisation in Africa (ICAMA)
Location: Eschborn, Germany
Employment type: Full-time internship
Duration: 1 January – 30 June 2027
Monthly stipend: €2,349 gross
Application deadline: 22 November 2026
Job ID: V000065448
The internship is specifically open to applicants who are currently enrolled students or who graduated no more than six months before the internship begins.
Why Apply?
This internship offers a valuable opportunity for aspiring investment and development professionals to gain practical experience at the intersection of African venture capital, private investment and international development.
Interns will work with international investors, fund managers, development finance institutions and other stakeholders while contributing to initiatives designed to increase private capital flows to African startups and growth companies.
The position could be particularly valuable for candidates seeking future careers in venture capital, private equity, development finance, impact investing, investment consulting or international development.
How to Apply
Eligible candidates should submit their application through the official GIZ recruitment process before the 22 November 2026 deadline.
GIZ also states that it supports equal opportunities and welcomes applications from people with disabilities.
For further information about the position, candidates can contact Anna-Sophia Elm at GIZ.
