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Inclusive growth: the AfDB and Invest in Africa jointly launch the MicroGreen project

08/05/2024
Source : ORISHAS-FINANCE
Categories: Economy/Forex

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In an effort to provide livelihood opportunities for marginalized and vulnerable groups in Ghana and Senegal, the African Development Bank and Invest in Africa jointly launched the MicroGreen project.

The MicroGreen project, entitled “Strengthening the micro-entrepreneurship of women, youth and persons with disabilities for green jobs in the field of natural resources”, will generate up to 500 green job opportunities while providing services essential for business development. The project should strengthen the entrepreneurial capacities and business skills of at least 1,000 young people aged 15 to 35, including 60% young women, 10% people with special needs, and 30% other young people in both countries

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The project will use value chain-based small and medium-sized enterprise development models to improve job creation, ensure the sustainability of microenterprises, and integrate beneficiaries into economic systems. Invest in Africa will spearhead the implementation, drawing on its expertise in market access and skills development to drive sustainable business growth and job creation.

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