AAAP in the Media
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Liberia -Program for Advancing Youth Entrepreneurship Investment (PAYEI)
In Liberia, the unemployment rate is estimated at 85% with the youth (15-35 years) accounting for 75%. The youth population (15-35 years) is growing 3% per annum on average and currently makes up nearly 40% of the country’s total population of about 5.2 million. Out of the young working population, 90% face vulnerable or irregular employment. Youth, not in employment, education, and training (NEET) amount to 45% of youth (15-24 years).
Employment creation in Liberia faces extraordinary challenges. A significant number of youths are engaged in the development of MSMEs – or aspire to be – yet many of them operate in the informal sector with low productivity due to limited access to financial and non-financial services which are hindering their growth. While limited education and industry and business skills may be impeding youth entrepreneurship and MSME development, weak infrastructure, limited finance, low institutional capacity, and other structural issues are limiting the prospects for rapid and sustainable MSME development and the generation of jobs
The overarching goal of the project is to foster an optimal environment for the development and promotion of youth entrepreneurship and youth-led businesses in Liberia by establishing sustainable vehicles and mechanisms to deploy financial services and non-Financial Services. This is achieved through:
- Establishing governance and stewardship for entrepreneurship
- Strengthening support to entrepreneurship and SME development
- Unlocking accessible financing to young entrepreneurs, youth-led growing small businesses and established SMEs.
- Conducting labor market assessment to identify potential adaptation jobs using an established adaptation taxonomy
- Building capacity in enterprises for climate resilient jobs and entrepreneurial opportunities in adaptation by embedding training into local institutions such as TVET centres
- Propose recommendations to create adaptation jobs through existing MDB investments in the country
- Create at least 1050 direct jobs (including 30% climate adaptation jobs)
- Support at least 300 Youth-led enterprises
- At least 1000 youth to be trained in entrepreneurship and business development to secure formal work or self-employment
- Improved support systems and frameworks for entrepreneurship that ensure young entrepreneurs, youth-led growing small businesses, and established SMEs receive the necessary guidance, mentorship, and resources to thrive
- Enhanced ecosystem that provides comprehensive support to entrepreneurs and SMEs. This includes access to business development services, training programs, networking opportunities, and technical assistance
USD 17 Million (African Development Bank, OPEC, EU)
Digital Climate Adaptation Solutions Training – Southern Africa
Harnessing the power of technological innovations and digitalization to improve agricultural productivity and strengthen climate resilience has been recognized as one of the potential game changers to address many of pressing climate concerns and rural transformation challenges facing Africa today.
Digital climate-informed advisory services are tools and platforms that integrate climate information into agricultural decision-making. These services range from digital mobile apps, radio, and online platforms to digitally enabled printed bulletins based on climate models and extension services that utilize climate information platforms. DCAS offers crucial opportunities to build the resilience of small-scale producers in the face of worsening climate change impacts, particularly when bundled with complementary services (such as financing, input supply, market access, insurance).
The objectives of the DCAS trainings are as follows:
- Capacity enhancement for agricultural stakeholders across Southern Africa in DCAS
- Supporting trainees to improve their confidence and capacity to design and implement DCAS projects to reach the last mile and farmers for improved food security and climate resilience
- Facilitating knowledge/experience sharing of participants on contextual issues and approaches to scale up DCAS
- Increase the knowledge of stakeholders from across Southern Africa on opportunities and new approaches for the design, mainstreaming and use of digital tools and data-enabled agriculture to combat the effects of climate change
- enhancing capacity to use digital agriculture advisory services and solutions to ensure uptake by of DCAS among stakeholders in Southern Africa
- Over 50 Participants trained in digital agriculture and digital climate adaptation solutions
- A new cohort or platform of African public officials, researchers, farmers organizations leaders and agricultural NGO focal points with improved expertise in DCAS (for subsequent experience capitalization follow up and training)
- Training evaluation assessment report
- Improved understanding / knowledge of target stakeholders in Southern Africa through training and information sharing including lessons learned on the challenges, opportunities and new approaches to the design, mainstreaming and use of DCAS and data-enabled agriculture
- Enhanced capacity of selected agricultural stakeholders in public institutions and farmers groups across Southern Africa to use digital agriculture advisory solutions, implement digital climate smart advisory solutions, and train their members/colleagues to use DCAS tools
€100,000