Khalifa Fund supports job creation in Burkina Faso with $10mln
Friday, 07 February 2020 12:46
The Khalifa Fund has approved CFA6 billion (about $10 million) to support a Burkinabe government program that aims to create 50,000 youth-targeted jobs in the country. The financing deal was inked Feb 4 between the Fund’s Chairman, Hussain Jasim Al Nowais (pictured, left) and the Burkinabe Minister of youth, Salfo Tiemtoré.
Authorities say the money will be used to create job opportunities and train young people, empower women, and support the development of micro-projects and SMEs. Of the 50,000 jobs expected from the program, 50% will be given to women and the second half for men.
André Chadrak
Additional Info
- communiques: Non
- couleur: N/A
Live News
-
GEPetrol Lifts Aseng Gas Share to 32.55% Under Chevron-Financed Deal
04:59
-
African Banana Exports Rise 5% as Ghana Takes Lead
04:57
-
Zimbabwe Mining Earnings Rise in 2025 but Miss Long-Stated $12 Billion Objective
04:55
-
IFC to provide $30.6M guarantee for Orange Bank digital lending in Côte d’Ivoire, Senegal
19:32
-
Cameroon receives new bid for Alucam assets from Proalu parent Naxya Holding
19:04
-
ASKY requires digital customs declaration for passengers bound for Cameroon
18:17
-
Cameroon corporate equity drops 12.4% in 2024, hits 10-year low
17:37
-
Sunna Design set to secure CFA21.4bn solar lighting contract in Cameroon
16:27
-
DR Congo’s Fogec Launches Digital Platform for SME Financing
15:30
-
Algeria Waives IPO Fees for Startups Until 2028
15:17
African startup M&A hits record 67 deals in 2025 Consolidation driven by funding pressures and ex...
Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...
Moniepoint, Opay, Kuda, and others gain national status with tighter oversight A naira 5 billion ...
ECOWAS has provided CFA400 million to support refugee assistance in Togo. The funding targets the...
Touted as a tool of emancipation, blockchain was meant to give the Central African Republic a new fo...
Equatorial Guinea increased GEPetrol’s stake from 5% to 32.55% in the Aseng Gas project. Chevron committed to finance the increase while retaining its...
African banana exports rose 5% to 753,000 tonnes in 2025, according to FAO estimates. Ghana recorded the fastest growth, increasing exports 27.72% to...
Zimbabwe generated $3.4 billion in mineral export revenues in 2025, excluding gold and silver, according to the MMCZ. Total mining revenues...
Nigeria issues 501bn naira bond to clear power sector arrears Institutional investors fully subscribed to inaugural PPSDRP offering Programme aims to...
Fela Kuti received a posthumous Lifetime Achievement Award from the Recording Academy He is the first African artist recognized by the Grammys...
Manovo-Gounda-St Floris National Park is one of the largest protected areas in Central Africa. Located in the northeastern part of the Central African...