|Approval Date||11 Jan 2018|
|Signature Date||23 May 2018|
|Planned Completion Date||30 Jun 2022|
|Last Disbursement Planned Date||30 Jun 2023|
|Sovereign / Non-Sovereign||Sovereign|
|Sector||Agriculture and Rural Development|
|DAC Sector Code||31110|
The ENABLE Youth Kenya is a skills and capacity development program for youth. It largely entails training of Youth on business skills and development of business plans; providing mentorship and linkages to markets and financing. The training will be conducted in selected incubation centres, which will be rehabilitated and outfitted to cater for better interaction, networking and exchange of innovative ideas. The program is also in line with the recently launched Kenya Youth Agribusiness Strategy (KYAS) 2017-2021which aims at providing opportunities for the youth to benefit from the various agribusiness enterprises along the agricultural value chains. It was designed because the increased of youth unemployment, particularly recent graduates from universities, colleges and other tertiary institutions becomes a major concern for the Government of Kenya since nearly 500,000 youth graduate from tertiary institutions and are ready to enter the job market every year. The program consists of four (04) components, namely: 1) Enabling Environment for Youth Empowerment in Agribusiness; 2) Entrepreneurship and agribusiness incubation; 3) Financing Youth Agribusinesses; and 4) Program Management and Coordination.
The overall goal of the Bank’s ENABLE Youth Program is to contribute to job creation, food security and nutrition, income generation and improved low carbon climate resilient livelihoods for youths in both urban and rural areas. The specific objective of the ENABLE Youth Kenya is to create business opportunities and decent employment for young women and men along priority agricultural value chains through the provision of entrepreneurship skills, funding and business linkages.
The main beneficiaries of the program are unemployed graduate youth. These are divided into two categories. The first are unemployed graduates who have completed post-secondary education (incubation). The second group are graduate youths who are already engaged in agribusiness but have no or limited access to commercial loan to grow their businesses (acceleration). ENABLE Youth Kenya is expected to train and empower about 2080 Agripreneurs, out of which 1200 agribusinesses are expected to be generated. Agripreneurs whose business proposals did not secure financing now find themselves better positioned to enter the professional agriculture jobs market and find employment with the private sector.
African Development Fund
Government of Kenya
MINISTRY OF AGRICULTURE
|Last Update||31 Oct 2019|
|Name||EGEH Mohamud Hussein|