The successful applicants of the recent call for proposals in Tunisia come from sectors like food processing, construction, technology, and the chemical industry. Together, they will receive financial support of around 7 million euros for their job-creating investments by the facility Investing for Employment. The facility is part of Invest for Jobs.
During this first competition round in Tunisia, almost 400 companies and organisations with activities in Tunisia had applied for a grant. The competition is coming to end and the first 5 Grant Agreements were concluded during a signing ceremony in Tunis on 25 November 2021.
The facility Investing for Employment will disburse its funding in a step-by-step process. Applicants will only get access to the next tranche if they reach pre-defined milestones that are part of the grant agreement.
Grant Agreements were signed for the following investment projects:
The signing ceremony took place in the presence of Mr Peter Prügel, German Ambassador, Mrs Echraf Smedhi, Director for international cooperation at the Tunisian Ministry for Industry, Mrs Beate Richter, Director KfW Office Tunis, and Mrs Anke Afflerbach, Managing Director facility Investing for Employment.
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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".
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