Companies with investment projects that have the potential to facilitate women’s access to finance and access to employment, are invited to participate in this Call for Expressions of Interest. The Facility Investing for Employment (IFE) has launched an online survey that is open from 1 April to 15 May 2022.
The following types of companies are now invited to express their interest and inform on whether they have upcoming investment projects that could qualify for a grant by the Facility IFE:
Click here to participate in the call for expressions of interestNote: The link leads to an external website. The evaluation of the survey is the responsibility of IFE.The Call for Expressions of Interest is intended to (a) evaluate the market potential of projects that facilitate women’s access to finance and employment and (b) gather information on the challenges and needs of potential future applicants for a grant by the Facility Investing for Employment.The information received regarding the specific type and size of investments, job creation potential etc. will offer IFE valuable information to tailor its potential subsequent Call for Proposals to the requirements of companies active in Egypt, Senegal, and Tunisia. The launch of the Call for Proposals is currently planned for the second half of 2022.Investment projects which IFE could potentially fund would need to be operationally viable and financially sustainable. The execution of the investment until commencement of operation should not exceed 24 months. In alignment with the IFE overarching objective, the eligible projects need to also contribute to significant creation of jobs – at the entity of the project partner or additionally also at other entities (multiplier effect).
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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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