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Title:
Angola - Youth Employment Project (Projecto Crescer)
Detail:
The AYEP contributes to achieving the overall goal of the country’s National Development Plan (NDP) 2023-2027. The NDP seeks to promote a sustainable, diversified, and inclusive economy, away from over dependence on fiscal revenues from the petroleum sector, by inter alia strengthening the private sector through measures to improve the regulatory environment, innovation, productivity and competition. The NDP is structured along two priority areas; (i) Increased national production and (ii) Employment, and human capital development. It emphasizes the strengthening of the business environment to foster entrepreneurship and private sector development as crucial drivers of economic diversification and skilling of the workforce to bolster human capital, all of which are considered under the project. The project contributes to climate finance, with 24 million USD of the total approved amount dedicated to adaptation.
Country:
Angola
Source:
African Development Bank Group
Published Date:
16.07.2024
URL:
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Regions:
Africa Southern Africa Sub-Saharan Africa
Sectors:
Construction Energy-Power and Electrical Computer Hardwares and Consumables
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