FACILITY INVESTING FOR EMPLOYMENT SIGNS OFF GRANT AGREEMENTS WITH FIVE COMPANIES IN TUNISIA
The successful applicants of last year’s call for proposals in Tunisia emanated from sectors that include food processing, construction, technology, and the chemical industry. They will collectively receive the financial support of approximately 7 million euros from the Facility Investing for Employment (IFE) to invest in job-creation.
The signing ceremony event took place on 25 November 2021 in Tunis and in attendance were Mr Peter Prügel, German Ambassador, Mrs Echraf Smedhi, Director for international cooperation at the Tunisian Ministry for Industry, Mrs Beate Richter, Director of the KfW Office in Tunis, and Mrs Anke Afflerbach, Managing Director of the Facility Investing for Employment.
Investing for Employment is an investment mechanism for job creation, providing competitive grants to co-finance public and private projects within eight partner countries in Africa. 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 while improving working conditions in the partner countries. GFA is the implementing consultancy for IFE which is integrated with the Special Initiative. You can find more information on the website of Invest for Jobs.
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