Agence Ecofin TikTok Agence Ecofin Youtube Agence WhatsApp

Public Management

Ghanaian and Senegalese entrepreneurs to benefit from African Development Bank YEI MDTF grant for green jobs

Monday, 08 April 2024 12:19
Ghanaian and Senegalese entrepreneurs to benefit from African Development Bank YEI MDTF grant for green jobs

(AfBD) - The African Development Bank, through its Youth Entrepreneurship and Innovation Multi-Donor Trust Fund (YEI MDTF), has approved a $999,000 grant to support an initiative to foster green jobs for women, youth and people with disabilities.

The Strengthening Women, Youth and People with Disabilities’ Micro-Entrepreneurship for Green Jobs in Natural Resources (MicroGREEN) project aims to foster inclusive economic growth by providing up to 500 green job opportunities and business development services to marginalized groups in Ghana and Senegal.

The target reach group includes women, youth and people with disabilities/special needs, engaged in managing natural resource sectors such as agroforestry, fisheries and biodiversity.

The MicroGreen project, to be implemented over two years, will empower  with entrepreneurship capacities and business skills at least 1,000 youth aged 15-35 years with female youth-led (60%) , people with disabilities/special needs ( 10%) and other youth (30%) in both countries.

By focusing on capacity building and utilizing value chain-based SME development models, the project endeavors to enhance employment creation, ensure the sustainability of micro-enterprises, and integrate beneficiaries into the economic systems.

Implemented by Invest in Africa, a non-profit organization dedicated to fostering African SME growth and creating prosperous economies across the continent, the MicroGREEN project will leverage its expertise in market access, skills development, and access to finance to drive sustainable business growth and job creation in Ghana and Senegal.

The African Development Bank founded the Youth Entrepreneurship and Innovation Multi-Donor Trust Fund in 2017 to promote innovation and entrepreneurship as well as to create durable and sustainable jobs for youth on the continent. The trust fund provides grants to support the Bank’s Jobs for Youth in Africa Strategy programs and initiatives. The Jobs for Youth in Africa Strategy aims to create 25 million jobs and equip 50 million youth with employable and entrepreneurial skills by 2025.

1982 agency

Additional Info

  • communiques: Non
  • couleur: N/A
 
Finance


 
Mining


 
Telecom



ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

AGENCE ECOFIN
Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

EDITORIAL TEAM
redaction@agenceecofin.com

ADVERTISING SALES
Benjamin FLAUX
bf@agenceecofin.com
Tél: +41 22 301 96 11
Mob: +41 78 699 13 72

 

Please publish modules in offcanvas position.