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25.03.2021

Senegal: 1st official call for proposals of the Facility « Investing for Employment »

Official launch of the 1st call for proposals by the Facility « Investing for employment » in Senegal

The Facility « Investing for Employment » aims to support the creation of decent employment opportunities in Africa. It does so by offering co-financing grants for new investment projects with a high job creation impact. The Facility officially launched its first call for proposals in Senegal on 25 March 2021.

The Facility « Investing for Employment » is an investment mechanism for employment, providing competitive grants to co-finance public or private projects in its eight partner countries in Africa, including Senegal.

It is part of the Special Initiative on Training and Job Creation of the German Federal Ministry for Economic Cooperation and Development (BMZ). Operating under the brand Invest for Jobs, the Special Initiative aims to create good jobs and apprenticeships and to improve working conditions in its partner countries in Africa.

The Facility’s ambition is to promote the Senegalese labour market by providing financial and technical support to project leaders in order to boost the economy, generate long-term jobs and encourage continuous training.

The first call for proposals in Senegal, launched on 25 March 2021 at 5 pm CET, seeks applications for four types of projects:

  1. Public Infrastructure for job creation – not-for-profit (up to 90% of the cost)
  2. Common service for job creation – not-for-profit (up to 75% of the cost)
  3. For-profit-projects that foster direct job creation, and have broader benefits/impacts that are not limited to the project owners (up to 50% of the cost)
  4. For-profit-projects that foster direct job creation by the project owners (up to 25% of the cost)

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.

For more information, please visit our CfP website for Senegal.

Potential applicants for the Call for Proposals will have until 26 April 2021 at 5 pm CET to submit concept notes. The Facility invites companies and other interested parties, whether public or private, to submit high quality concept notes either as consortium or individual applicant.

If you have any questions, please consult our FAQ section:

https://invest-for-jobs.com/en/ife-faq

If you can't find the information you need, please send us an email to cfp-ife.senegal@invest-for-jobs.com until 19 April 2021 at 5 pm CET at the latest.

The first webinar will take place on 30 March 2021 at 11 am CET on the ZOOM platform. We will inform about the submission process and eligibility requirements. To receive the link send us an email at cfp-ife.senegal@invest-for-jobs.com.

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