The Facility Investing for Employment has launched a Call for Proposals in Egypt, Ethiopia, Côte d’Ivoire, Ghana, Rwanda, Senegal, and Tunisia
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.
This regional Call for Proposals is seeking applications for four types of investment projects:
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.
- For-profit Projects with job creation impact:
The Facility covers up to 25 % of 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.
The application process
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.
Further information and webinars
If you have any questions, please consult our FAQ section. If you cannot find the information you need, please send us an email to cfp.regional@invest-for-jobs.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: cfp.regional@invest-for-jobs.com
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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