The purpose of the « Investing for Employment » Facility (IFE) is to support the creation of decent employment opportunities in Africa
(long-term, full time jobs). It does so by offering co-financing grants for new investment projects with a high job creation impact. The selection of projects is based on a competitive application process, looking for an optimal allocation of available funding to projects with the highest plausibility of success and expected return in terms of the number and quality of new jobs created.
More information about the IFE facility can be found here.