Management of the Facility Investing for Employment
Under the brand Invest for Jobs, the German Federal Ministry for Economic Cooperation and Development (BMZ) has put together a package of measures to support German, European and African companies engaging in Africa. The Special Initiative "Decent Work for a Just Transition" – the official title – offers comprehensive advice, contacts, and financial support through its implementing organisations to overcome investment barriers. The development objective is to work together with companies to create up to 100,000 good jobs and to improve working conditions and social protection in its eight African partner countries: Côte d’Ivoire, Egypt, Ethiopia, Ghana, Morocco, Rwanda, Senegal, and Tunisia.
The Facility Investing for Employment (IFE) of KfW Development Bank is part of the Special Initiative "Decent Work for a Just Transition". IFE provides co-financing grants for new investment projects with a high job creation impact. IFE carries out several Calls for Proposals each year and uses a competitive selection process to identify the most promising projects. The financial and other support offered by IFE is available to private companies, non-profit organizations, and public entities.
On behalf of KfW Development Bank, GFA, supported by its consortium partner NIRAS, manages the Facility by organizing the Call for Proposals process, outreach to potential applicants, evaluation of the project proposals, and working with the grantees to ensure smooth implementation of the projects.