The Facility Investing for Employment announces a Call for Proposals. It will launch on 21 November in several partner countries.
The Facility Investing for Employment (IFE) offers co-financing grants for projects with a high job creation impact. On 21 November 2022, the Facility will launch a Regional Call for Proposals in Côte d'Ivoire, Egypt, Ethiopia, Ghana, Rwanda, Senegal, and Tunisia.
The regional Facility IFE is an investment mechanism for employment that uses a competitive application process to provide co-financing grants to private and public projects in eight African partner countries.
The Facility is part of the Special Initiative "Decent Work for a Just Transition" by the German Federal Ministry for Economic Cooperation and Development (BMZ). Operating under the brand Invest for Jobs, the Special Initiative aims to remove investment barriers and to create good jobs and training opportunities in its partner countries in Africa: Côte d'Ivoire, Egypt, Ethiopia, Ghana, Morocco, Rwanda, Senegal, and Tunisia.
The Regional Call for Proposals in Côte d'Ivoire, Egypt, Ethiopia, Ghana, Rwanda, Senegal, and Tunisia will be launched on 21 November 2022. It will seek applications for four types of projects:
- Not-for-profit Projects with job creation impact (no revenues): IFE covers up to 90 % of the investment costs.
- Not-for-profit Projects with job creation impact (generating revenues): IFE covers up to 75 % of the investment costs.
- For-profit Projects with broader job creation impact: IFE covers up to 35 % of the investment costs.
- For-profit Projects with job creation impact: IFE covers up to 25 % of the investment costs.
The Regional Call for Proposals is not limited to certain sectors of the economy. Companies can apply individually or in a consortium with other entities from Africa and/or from the EU/EFTA region.
Grants by the Facility Investing for Employment range from 1 million EUR to 10 million EUR. The applicant is obliged to contribute own funds to complete the project finance.
Companies and other private or public organisations can submit concept notes as soon as the call for proposals opens.
Newly published: The Guidelines for Applicants with details on the application process are now available in our Download Center.
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