The Facility ‘Investing for Employment’ has launched its first call for proposals in Ghana.
The investment mechanism for job creation seeks to provide competitive grants to co-finance public or private projects in its eight partner countries in Africa, including Ghana.
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 also aims to create good jobs and apprenticeships and to improve working conditions in its partner countries in Africa.
The economy of Ghana has been growing steadily in recent years and the country continues to be a major recipient of foreign direct investment.
The government plans to further improve the regulatory environment, and the Industrialization Agenda, as well as the growing manufacturing sector, offer several business opportunities.
The Facility wants to promote the labour market in Ghana by providing financial and technical support to project leaders in order to boost the economy, generate long-term jobs and encourage continuous training.
The first call for proposals in Ghana, launched on 1 April 2021 at 5 pm CET, seeks applications for four types of projects:
- Public infrastructure for job creation – not-for-profit (up to 90 % of the cost).
- Common service for job creation – not-for-profit (up to 75 % of the cost).
- For-profit-projects that foster direct job creation, and have broader benefits/impacts that are not limited to the project owners (up to 50 % of the cost).
- For-profit-projects that foster direct job creation by the project owners (up to 25 % of the cost).
Grants range from €1 million to €10 million 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 for the call for proposals will have until 30 April 2021 at 5 pm CET, to submit concept notes.
The Facility invites companies and other interested parties, whether public or private, to submit high-quality concept notes either as consortium or individual entity.
If you have any questions, please consult our FAQ section: https://invest-for-jobs.com/en/ife-faq.
If you can’t find the information you need, please send an email to: email@example.com until 23 April 2021 at 5 pm CET.
In order to give potential applicants all the information they need for the preparation of high-quality project proposals, the Facility will publish its replies no later than on April 25, 2021.
Due to the corona pandemic (COVID-19), information meetings will be organised online presenting the objectives of the facility, its conditions for submitting proposals, as well as the steps and modalities of participation.
The first webinar will take place on April 6, 2021 at 11 am CET on the ZOOM platform.
We will inform you about the submission process and eligibility requirements. To receive the link, please send us an email to firstname.lastname@example.org.
If you would like to know more about the application procedure and whether you are eligible, please consult the information provided on the subpage for Ghana: https://invest-for-jobs.com/en/ife-call-for-proposals-ghana.
For more information about the Facility « Investing for Employment »: https://invest-for-jobs.com/en/investing-for-employment for more information about the Special Initiative on Training and Job Creation: https://invest-for-jobs.com/en.
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