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Support for the Youth and innovation Lab through participation in the AFDB Youth Entrepeneurship and innovation MDTF

South of Sahara, regional

Status

activity_status.2

Aid type

Contributions to multi-donor/single-entity funding mechanisms

South of Sahara, regional


Location

-

€ 8,000,000
Committed
€ 6,500,000
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
2024 € 0 € 1,500,000
2023 € 5,500,000 € 2,500,000
2020 € 0 € 500,000
2019 € 0 € 2,000,000
2018 € 2,500,000 € 0

Agency

Type Name Channel code
organisation_type.10 AICS - Italian Agency for Cooperation and Development 11000

Channel reported

Type Name Channel code
organisation_type.40 AfDB - BANCA AFRICANA DI SVILUPPO 46002

Project data

  • IATI IdentifierXM-DAC-6-4-011574-01-0
  • AID011574/01/0
  • CRS Activity identifier2018000308
  • activity_date_type.1 2018/05/02
  • activity_date_type.3 2027/05/02
  • activity_date_type.2 2019/03/04
  • activity_date_type.4 -
  • Bi/Multilateral collaboration_type.1
  • Status activity_status.2
  • Tied status tied_status.5

Sectors

  • 24030 - Formal sector financial intermediaries 20.0%
  • 25010 - Business policy and administration 30.0%
  • 32130 - Small and medium-sized enterprises (SME) development 50.0%

Policy markers

  • policy_marker.1 policy_significance.1
  • policy_marker.10 policy_significance.0
  • policy_marker.11 policy_significance.0
  • policy_marker.12 policy_significance.0
  • policy_marker.2 policy_significance.0
  • policy_marker.3 policy_significance.0
  • policy_marker.4 policy_significance.1
  • policy_marker.5 policy_significance.0
  • policy_marker.6 policy_significance.0
  • policy_marker.7 policy_significance.0
  • policy_marker.8 policy_significance.0
  • policy_marker.9 policy_significance.0

SDGs

  • 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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