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28.03.2022

Regional Call for Proposals by the Facility Investing for Employment

 © KfW-Bildarchiv / Rendel Freude

The Facility Investing for Employment announces a regional Call for Proposals in Côte d’Ivoire, Ghana, Rwanda, Senegal, and Tunisia.

The Facility Investing for Employment offers co-financing grants for projects with a high job creation impact. On 1 June 2022, the Facility will launch a regional Call for Proposals in Côte d’Ivoire, Ghana, Rwanda, Senegal, and Tunisia. Private companies and public entities can apply.

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 aim of the Facility DOWNLOAD PRESS RELEASE 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 regional Call for Proposals in Côte d’Ivoire, Ghana, Rwanda, Senegal, and Tunisia will be launched on 1 June 2022. It will seek applications for four types of projects:

  1. Not-for-profit Projects with job creation impact (no revenues): IFE covers up to 90 % of the investment costs.
  2. Not-for-profit Projects with job creation impact (generating revenues): IFE covers up to 75 % of costs.
  3. For-profit Projects with broader job creation impact: IFE covers up to 50 % of costs.
  4. For-profit Projects with job creation impact: IFE covers up to 25 % of 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 on 1 June 2022.

DOWNLOAD PRESS RELEASE

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Contact

We are looking forward to hearing from you

Under the Invest for Jobs brand, the German Federal Ministry for Economic Cooperation and Development (BMZ) has put together a package of measures to support German, European and African companies in investment activities that have a high impact on employment in Africa. The Special Initiative "Decent Work for a Just Transition" – the official title – offers comprehensive advice, contacts and financial support to overcome investment barriers. The development objective is to work together with companies to create up to 100,000 good jobs and to improve working conditions and social protection in its African partner countries.

Partner countries: Côte d’Ivoire, Egypt, Ethiopia, Ghana, Morocco, Rwanda, Senegal and Tunisia.

Find out more about our services for companies, universities, chambers and associations: https://invest-for-jobs.com/en/offers

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