Africa-Press – Rwanda. The Facility Investing for Employment is an investment mechanism for job creation, providing competitive grants to co-finance public and private projects in its eight partner countries in Africa. The Call for Proposals is launched on 1 June 2022 in Côte d’Ivoire, Ghana, Rwanda, Senegal, and Tunisia.
The Facility 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.
Investing for Employment invites companies and public bodies to submit project proposals that contribute to sustainable job creation in the private sector. The Call for Proposals is seeking applications for four types of projects:
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.
Potential applicants have until 30 June 2022 at 5 pm CEST, to submit concept notes. The Call for Proposals is open for all business sectors of the economy. Companies can apply individually or in a consortium with other entities from Africa and/or from the EU/EFTA region.
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