Liberia- Youth entrepreneurship and employment project (YEEP)


Project Summary

Approval Date 26 Apr 2016
Signature Date 28 Sep 2016
Planned Completion Date 30 Mar 2021
Last Disbursement Planned Date 30 Mar 2021
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 32130
Commitment U.A 1,719,015.81
Status Implementation

Project General Description

The Youth Entrepreneurship and Employment Technical Assistance Project is building on the groundwork done in previous projects as well as hinging on the country’s vision to focus on addressing youth unemployment. It includes four component. The first is Skills Development for Employment which aims to support a TVET Institute to re-design course content and training modalities of selected disciplines to impart new skills to the youth as required by the market. The second focuses on Job Readiness Program. The objective is to support graduating students in tertiary education institutions by making them work-ready in terms of awareness and experience in the corporate world as well as information on job market requirements. The third component will promote entrepreneurship development programs by setting up an entrepreneurship centre at a Community college in the rural area and developing support programs including entrepreneurship courses, graduate enterprise program and business incubation and growth program. The fourth focuses on Institutional Support to Ministry of Youth and Sports though capacity building and skills transfer to enable the Government of Liberia adopt and scale up model once project is completed.

Project Objectives

The overall goal of the technical assistance project is to support the creation of integrated and sustainable systems linking the education/vocational institutions with the market (productive sectors) and thus strengthen entrepreneurship and create employment for the youth. The specific objectives of the Technical Assistance Project are: (i) to promote youth entrepreneurship through improving their business skills and (ii) to improve youth employability by empowering them with relevant skills required by the job market.

Beneficiaries

The project direct beneficiaries include the Liberian Government, Ministry of Youth and Sports, youth in general and especially graduating students and

Participating Organization

Funding
Fund for African Private Sector Assistance
Funding
Fragile States Facility
Implementing
Ministry of Youth and Sports

Information

IATI identifier 46002-P-LR-KB0-001
Last Update 31 Oct 2019

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Contact Details

Name YEANAY Alex Saye
Email a.yeanay@afdb.org

Geographic Location

Country Liberia