Private companies as well as public and non-profit organisations are invited to submit investment proposals. Applications are accepted in four categories. They range from purely private sector investments to public infrastructure projects. The Facility supports the projects with grants ranging from 1 million to 10 million euros per project. The amount of the grant depends on the project category and ranges from 25% to 90% of the investment volume. It is essential that each project contributes to sustainable job creation in the private sector in Ghana. The Facility only finances mature projects that have not yet started and that offer reasonable chances for being operationally and financially sustainable.
Candidates can apply individually or in a consortium with other candidates, provided they are based in African countries or in the EU/EFTA.
This is how the application process works
Applications for the competition round can be submitted from 1 to 30 June 2023. In the first step, the Facility will make a pre-selection from the submitted concept notes. In a second phase, the selected applicants will be asked to submit elaborated project proposals, which will then be evaluated in detail.
Successful applicants will be offered a grant contract. Potential applicants can contact the IFE Helpdesk from May 2023: [email protected].
General information on the application process is available at https://invest-for-jobs.com/ife.
The competition criteria for this Call for Proposals and the dates of the online information sessions are published in the Key Information Sheet and the Guidelines for Applicants. Both documents will be made available in the Download Center at https://invest-for-jobs.com/en/ife-download-center.
If you have questions about this competition round, please write to: [email protected]
The Facility Investing for Employment is an investment mechanism created by the KfW Development Bank on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) as an integral part of the Special Initiative “Decent Work for a Just Transition”. The Special Initiative, which also operates under the brand Invest for Jobs, aims to team up with companies to create good jobs in the eight African partner countries, and to improve local working conditions.
General Information and further support services are offered by the Special Initiative: https://invest-for-jobs.com.
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