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
-
Why USDA Data Matters for Global and African Agriculture
20:03
-
Benin's Oil Comeback: A 58-Year Journey From Discovery to Revival
19:29
-
Senegal Plans to Electrify 6,471 Villages by 2029
19:25
-
Fela Kuti, 'The Black President,' Pioneer of Afrobeat
19:05
-
Morocco to Pilot Electronic Health Claims System in March 2026
19:46
-
Egypt unveils AI-powered platform linking startups, investors, and institutions
04:58
-
Tactful AI reimagines customer experience for Egyptian businesses
04:41
-
9jawap offers African alternative to mainstream social networks
04:31
-
Togo showcases organic products at BIOFACH trade fair in Germany
04:24
-
Cameroon Road Fund Gets Only Half of Budgeted CFA60 Billion
20:01
Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...
Ziidi Trader enables NSE share trading via M-Pesa M-Pesa revenue rose 15.2% to 161.1 billio...
Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...
Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...
MTN Group has no official presence in the Democratic Republic of Congo, where the mobile market is d...
On November 13, 2025, the U.S. government reopened after a 43-day shutdown, the longest in its history. The move was met with relief by agricultural...
In the Gulf of Guinea, oil producers have steadily multiplied. Nigeria paved the way, followed by Niger, Ghana and, more recently, Côte d’Ivoire. Benin,...
SENELEC to electrify 6,471 villages by 2029 $724 million programme backed by World Bank support Senegal targets universal access, expanding gas and...
Most food traded within West Africa moves by truck and largely escapes official records, highlighting both the scale of informal cross-border commerce and...
While Afrobeat has evolved into what is now known as Afrobeats, there is little dispute that the movement was pioneered by Fela Kuti. A musical genius and...
Benin is guest of honor at the 2026 African Book Fair in Paris. More than 400 authors and 150 publishers from 20 countries are expected. The spotlight...