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Senior Energy Analyst



Posted on Tuesday, May 21, 2024

The Company

Stears is a VC-backed African data and intelligence startup building the Bloomberg of Africa. For global organisations investing in African markets, Stears is the data and analytics provider that enables quick, accurate decisions for financial and operational opportunities. Stears users get access to raw data from various sources, trend data for a wide range of data sets, and constantly updated analysis by researchers. Stears goes beyond just data to provide insights and context based on knowledge of local markets and delivers it all in an easy-to-use interface usable by anyone, not just researchers.

We are looking for a Senior Energy Analyst with a robust understanding of renewables & utilities in Africa to join our energy desk.

The Role

Why it’s important: We aim to provide our customers with information (data, analytics, insights) on African economies and industries to support and guide their investment decisions on the continent.

Our energy desk is responsible for providing data and analysis on energy trends, patterns, and opportunities in five major countries (South Africa, Kenya, Nigeria, Ghana, and Egypt). This includes providing up-to-date analysis and assessments of market size, growth opportunities, competitive landscape, pricing, policies & regulations, innovation, etc., for the energy sector.

As a Senior Energy Analyst, your mission is to contribute to Stears’ energy coverage by providing an effective mix of reports, datasets, indices, forecasts, and dashboards to support our customers’ investment decisions in the renewables & utilities industries.

What it covers: As a Senior Energy Analyst, you are responsible for generating insightful, market-leading information on the renewables & utilities in our coverage countries.

As a Senior Energy Analyst, you will:

  • Research and analyse the energy sector, including renewables (solar energy, wind energy, etc.) and utilities (electricity, water, waste management, etc) to assess market dynamics, regulatory developments, and emerging trends to guide investment in the industry.
  • Generate short-form and long-form industry reports on the following areas, offering actionable insights to Stears customers:
    • Market size & segmentation
    • Market growth & opportunities
    • Market share & trends
    • Policies & Regulations
    • Prices & price frameworks
    • Competition
  • Monitor operator activities, market share trends, pricing dynamics, and product innovation within the renewables and utilities industries to identify competitive threats and opportunities for growth.
  • Work with data analysts and data scientists to develop indices, predictive models, and historical databases that help investors assess the attractiveness and growth opportunities in the renewables and utilities industries.
  • Monitor government policies and regulatory developments in the renewables and utilities industries to provide insights into the potential impact on operators, investors, and the broader industry.
  • Provide mentorship and guidance to junior team members, offering constructive feedback to enhance their research and analysis skills. Conduct regular reviews of their work to ensure high-quality standards, foster their professional growth, and support their development within the team.

Who you will work with: This role is part of the Intelligence team. You will report to the Head of Insights.

We are looking for someone with:

    Required skills & qualifications: These are the minimum requirements for the role

    • At least six (6) years of experience working in a related role focused on renewables and/or utilities.
    • Experience and expertise analysing the renewables and utilities industries in any two of our focus countries—South Africa, Kenya, Ghana, Nigeria, and Egypt—including published research and analysis.
    • In-depth knowledge of the energy sector, including renewables (solar energy, wind energy, etc.) and utilities (electricity, water, waste management, etc), with an understanding of industry dynamics, regulatory environment, and key players.
    • Strong data analysis skills with the ability to analyse, interpret or extract insights from data
    • A proven track record of excelling in research tasks—including gathering information through stakeholder engagement—evidenced by previous experience in roles that require significant research activity.
    • Effective communication skills, including conveying complex financial and industry concepts clearly and concisely to diverse audiences, both verbally and in writing.

    Preferred skills & qualifications: These skills & qualifications are not necessary, but will be highly valued

    • A Bachelor’s degree (or higher) in Finance, Economics, Energy Economics or similar degrees.
    • Professional qualifications in Finance (e.g. CFA), management (e.g. MBA), and any relevant industry qualifications.
    • Proficiency in financial analysis, including financial statement analysis, valuation modelling, and risk assessment, with the ability to analyse energy companies' financial performance, profitability, and solvency.


    Meaningful perks matter to us. They make employees better and contribute to making Stears a great place to work. If you join us, you can be assured that you’ll enjoy a wide range of generous perks, rewards and office benefits including:

    • Flexible working we are currently hybrid
    • Help lay the platform foundations of our African expansion. We are currently fleshing out our expansion strategy and would love you to be a part of this growth while doing impactful work
    • Be part of our new product offerings
    • Unlimited access to Stears Intelligence Solutions
    • The Stears Experience - These are the top reasons economists report having the best experience of their careers at Stears:
      • Deepen their analytical & critical thinking skills which apply beyond a specific domain
      • Gain a high level of autonomy and responsibility by taking on a senior role in our high trust startup environment and relatively flat organizational hierarchy
      • Do something meaningful by being part of a team making African data more widely available
    • Access to an expert Intelligence & Analytics team - Stears Intelligence team includes some of the brightest knowledge experts in Nigeria covering a wide range of sectors, all with a passion for delivering the highest quality of intelligence and analytics on the African continent.
    • Competitive salaries at junior, intermediate and senior levels
    • Comprehensive Health Insurance coverage
    • Paid time off - 25 days excluding public holidays and sick days (Prorated)
    • Compassionate Leave
    • Parental Leave
    • Unlimited Sick Leave
    • Special emphasis on learning and development
    • Regular social activities, including annual off-site team bonding
    • A well stocked fridge, lots of snacks and bean bags
    • Stears branded merchandise and swag


        Stears is proud to be an equal opportunity employer and will consider all qualified applicants regardless of color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital or family status, disability, gender identity or expression, veteran status, actual or presumed belonging to an ethnic group, or any other legally protected status. If you have a disability or special need that requires accommodation, please let us know.