The Facility Investing for Employment aims to support the creation of employment opportunities in Africa. This Call is not limited to specific topics or economic sectors.
This regional Call was launched on 21 November 2022 in Egypt, Ethiopia, Côte d’Ivoire, Ghana, Rwanda, Senegal, and Tunisia. The selection of projects will be based on a competitive application process and will give priority to high-quality proposals that are mature and ready for execution. IFE will only co-finance those projects that are rated best in terms of operational viability, financial sustainability, and job creation.
Not-for-profit Projects with job creation impact (no revenues):The Facility covers up to 90 % of the investment costs.
Not-for-profit Projects with job creation impact (generating revenues):The Facility covers up to 75 % the investment costs.
For-profit Projects with broader job creation impact:The Facility covers up to 35 % the investment costs.
Grants range from 1 million to 10 million euros per project. The applicant is obliged to contribute own funds to complete the project finance. The level of co-financing depends on the type of project.
This Call for Proposals is open to all sectors of the economy. Companies can apply individually or in a consortium with other entities from Africa and/or from the EU/EFTA region.
For more information, please visit the website for this Call. The Guidelines for Applicants and Key Information for this Call for Proposals are available in our Download Center.
The Facility invites companies and other interested parties, whether public or private, to submit their concept notes until 22 December 2022 at 5 pm CET.
If you have any questions, please consult our FAQ section. If you cannot find the information you need, please send us an email to email@example.com until 15 December 2022 at 5 pm CET at the latest.
A series of online meetings will be organised to present the objectives of the Facility, its conditions for submitting proposals, as well as the steps and modalities of participation. The webinars will take place on the following days: 23 November, 7 December, and 14 December 2022 (in English) and 24 November, 8 December, and 15 December 2022 (in French). All webinars start at 11:00 CET. To receive the link to the webinars, please send an email to: firstname.lastname@example.org
The Facility Investing for Employment is an investment mechanism created by KfW Development Bank on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) as an integral part of the Special Initiative "Decent Work for a Just Transition". 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.
You can visit our website for more information about the Facility Investing for Employment.
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The successful applicants come from the sectors industry, education, and fashion. As part of Invest for Jobs, the Facility Investing for Employment (IFE) co-finances more than 6 million euros for their job-creating investments.
Rwanda's capital holds great potential for new digital mobility services like car sharing, ride-hailing, and bike rentals, according to a new feasibility study. These services, known as Mobility-as-a-Service (MaaS), can enhance accessibility, promote eco-friendly transportation, and boost economic growth by creating job opportunities.
Invest for Jobs supports the launch of the Rwanda Global Business Services (GBS) Growth Initiative. This transformative mission aims to support job creation in the GBS sector and position Rwanda as a global GBS destination by facilitating market entry, upskilling the sector’s workforce, and advocating for the interests of companies in GBS.
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