(Ecofin Agency) - 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