The Facility Investing for Employment is launching a regional Call for Proposals in Côte d’Ivoire, Ghana, Rwanda, Senegal, and Tunisia.
The Facility Investing for Employment aims to support the creation of employment opportunities in Africa. It does so by offering co-financing grants for new investment projects with a high job creation impact. The Call for Proposals in Côte d’Ivoire, Ghana, Rwanda, Senegal, and Tunisia is open until 30 June 2022.
The Facility Investing for Employment is an investment mechanism for employment, providing competitive grants to co-finance public and private projects in its eight partner countries in Africa.
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 training opportunities and to improve working conditions in its partner countries in Africa.
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The Regional Call in Côte d’Ivoire, Ghana, Rwanda, Senegal, and Tunisia opens on 1 June 2022. It seeks applications for four types of projects:
- Not-for-profit Projects with job creation impact (no revenues).
The Facility covers up to 90 % of the total investment costs. - Not-for-profit Projects with job creation impact (generating revenues).
The Facility covers up to 75 % of the total investment costs. - For-profit Projects with broader job creation impact.
The Facility covers up to 50 % of the total investment costs. - For-profit Projects with job creation impact.
The Facility covers up to 25 % of the total 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.
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The regional Call for Proposals is open for 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 at Download Centre.
The Facility invites companies and other interested parties, whether public or private, to submit their concept notes until 30 June 2022 at 5 pm CEST.
If you have any questions, please consult Facility Investing for EmploymentFAQ section. If you cannot find the information you need, please send them an email to cfp.regional@invest-for-jobs.com until 22 June 2022 at 5 pm CEST 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: 8, 15, and 22 June 2022 (in English) and 9, 16, and 23 June 2022 (in French).
All webinars start at 12:00 CEST. To receive the link, please send an email to: cfp.regional@invest-for-jobs.com
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard. You can book a session and speak with him using the link: https://insightsbyexperts.com/view_expert/charles-rapulu-udoh