Invest Africa Programme

Contract for: Invest Africa

Purches order number: 8178

Objective: Invest Africa aims to contribute towards the economic transformation needed in Africa to create more and better jobs and to set countries on a trajectory out of poverty. The programme will support increased foreign direct investment (FDI) into manufacturing which in turn will boost productivity by introducing new technology and management capabilities, increase the capabilities of the workforce and diffuse these improvements into the wider economy. The aim of Invest Africa is to generate formal employment, which in turn creates social stability. Through this contract, Invest Africa will generate £1.2 billion additional foreign direct investment by 2025, 13,750 direct jobs and 90,000 jobs (direct and indirect) (these results will be increased if the contract value increases or the contract is extended beyond the 7 years). DFID is committed to creating decent jobs and attracting high quality FDI that forms strong linkages in the local economy and facilitates productivity spill overs.