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
-
Cameroon approves diaspora-led CFA500bn Resort City project in Limbe
14:21
-
Accra Reset: Ghana’s Bid to Reshape Global Health Power
13:28
-
Liberia’s Power Utility Turns to Remote Monitoring to Tackle Power Theft
13:05
-
Madagascar, IMF reach preliminary agreement on $183 mln disbursement
12:49
-
Afreximbank Posts Record Profit in 2025 but Model Quality Will Require Some Watch
12:40
-
Togo fisheries output seen at 33,977 tons in 2026, down 6%
09:02
-
DR Congo lobbies Togo to back its candidate in OIF leadership race
08:49
-
Cocoa regains edge over robusta in Cameroon, still far below government targets
05:06
-
Cameroon’s trade deficit widens 23% in 2025 despite import substitution push
05:04
-
Cameroon’s industrial equipment imports hit CFA757.4 bln in 2025, despite 3.7% drop
05:02
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
West African Development Bank allocates $131.8 million to support cotton sectors in Burkina F...
Ghana launches “Accra Reset” panel to reform global health governance Initiative seeks stronger Global South role in decision-making Move...
Liberia deploys system to detect illegal electricity connections Technology flags anomalies, enables remote disconnection of power Move aims...
IMF reaches preliminary deal to disburse $183 million to Madagascar Funding tied to programme reviews, targets infrastructure and...
Afreximbank crossed the $1 billion net profit threshold in 2025 for the first time, a milestone driven by balance-sheet expansion and a maturing...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...