The facility Investing for Employment supports the Egyptian labour market by offering co-financing grants for projects with a high job creation impact. The facility will officially launch its first Call for Proposals on 30 November 2021. The focus in on Green Economy. Project proposals from other sectors are welcome.
The regional facility 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).
The aim of the facility Investing for Employment is to create sustainable employment opportunities in its partner countries by providing co-financing grants to investment projects with a high job creation impact.
The first Call for Proposals in Egypt will be launched on 30 November 2021 at 5 pm CET seeking applications for four types of projects:
Green Economy will be the priority theme of this Call for Proposals
With the Vision Egypt 2030, the Egyptian government has set itself the goal of sustainable and resource-efficient economic growth. This transformation requires high investments but has the potential to create much-needed jobs in the country. Investments in the Green Economy can help reduce greenhouse gas emissions and pollution, increase energy and resource efficiency, and prevent the loss of biodiversity and ecosystem services.
The facility Investing for Employment supports this process and invites companies and public bodies to submit project proposals that contribute to sustainable job creation and help to drive the transformation towards a Green Economy.
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 on 30 November 2021.
Download Press Release
The consortium around the company Eranove successfully applied for a grant by the Facility Investing for Employment. The Facility is part of Invest for Jobs. On 26 January 2023, the grant contract for 5.17 million euros was signed in Abidjan. In three years, 14,000 people will attend the various training courses offered by the academy and more than 1,100 jobs are expected to be created.
Since its launch in June 2022, the Soft Landing initiative of Invest for Jobs in Tunisia has facilitated the arrival of 10 European and African IT companies in the country. In return, the companies committed to create over 100 high-quality tech jobs for Tunisians.
To implement BMZ’s development-policy priority areas in the 20th legislative period and to address changing global challenges, the Special Initiative on Training and Job Creation will have a new name and focus. As of January 2023, it will be called Special Initiative "Decent Work for a Just Transition".
Phone: +49 30 / 18 535-28 70 oder -24 51
Fax: +49 30 / 18 535-25 95
Please understand that the Press Office only answers questions from journalists.