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Status

Completion

Aid type

Contributions to specific-purpose programmes and funds managed by implementing partners

South of Sahara, regional


Location

-

€ 2,500,000
Committed
€ 2,500,000
Used

Description

The aim is to contribute to the funding of the Youth Entrepreneurship Innovation Multidonor Trust Fund for the assistance and development of innovative entrepreneurial ideas of African young people and women. read more close
Year Committed Used
2020 € 0 € 500,000
2019 € 0 € 2,000,000
2018 € 2,500,000 € 0

Agency

Type Name Channel code
Government AICS - Italian Agency for Cooperation and Development 46002

Channel reported

Type Name Channel code
Multilateral AfDB - BANCA AFRICANA DI SVILUPPO 46002

Project data

  • IATI IDXM-DAC-6-4-011574-01-0
  • CRS Activity identifier2018000308
  • Expected start date 2018/05/02
  • Completion date -
  • Finance type Standard grant
  • Flow type ODA
  • Bi/Multilateral Bilateral
  • Status Completion
  • Tied status Untied

Sectors

  • 24030 - Formal sector financial intermediaries 20%
  • 25010 - Business policy and administration 30%
  • 32130 - Small and medium-sized enterprises (SME) development 50%

Policy markers

  • Gender Equality significant objective
  • Aid to Environment not targeted
  • Participatory Development/Good Governance not targeted
  • Trade Development not targeted
  • Aid Targeting the Objectives of the Convention on Biological Diversity not targeted
  • Aid Targeting the Objectives of the Framework Convention on Climate Change - Mitigation not targeted
  • Aid Targeting the Objectives of the Framework Convention on Climate Change - Adaptation not targeted
  • Aid Targeting the Objectives of the Convention to Combat Desertification not targeted

Goals

  • 1.4 - By 2030, ensure that all men and women, in particular the poor and the vulnerable, have equal rights to economic resources, as well as access to basic services, ownership and control over land and other forms of property, inheritance, natural resources, appropriate new technology and financial services, including microfinance
  • 5.b - Enhance the use of enabling technology, in particular information and communications technology, to promote the empowerment of women
  • 9.3 - Increase the access of small-scale industrial and other enterprises, in particular in developing countries, to financial services, including affordable credit, and their integration into value chains and markets
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