Public Management

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

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

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
On the same topic
BOAD plans 750 billion CFA francs financing for Burkina Faso Funds to support key sectors and Relance 2026-2030 program Bank’s cumulative financing in...
Burkina Faso has created Yennenga Holding to centralize state stakes in banks and a reinsurer. The new entity will manage holdings in BCB, BADF,...
Chinaplans to remove tariffs on imports from African countries starting May 1, 2026. Analysts say more industrialized African economies could...
CEMAC prices fall 0.4% in Q4 2025, ending five-year rise Inflation stood at 2.8%, below region’s 3% threshold Sharpest price declines recorded in...
Most Read
01

Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...

Ethiopia’s State-Owned Telco Teams Up With Ericsson to Expand and Upgrade Its Network
02

EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...

EIB Commits €1 Billion to Renewable Energy Under Africa’s “Mission 300” Initiative
03

MTN Zambia tests Starlink satellite service connecting phones directly from space Direct-to...

Satellite direct-to-device telecoms: promise, momentum and hard limits
04

Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...

Airtel Africa and Deloitte: A Seven-Year Relationship, $37 Million in Fees and a Planned Handover
05

Nigeria introduced a 1% flat tax on the turnover of informal-sector businesses under a new presump...

Nigeria Rolls Out 1% Tax on Informal Businesses Under New Fiscal Framework
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.