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Benin: The World Bank grants 174 billion FCFA to support training in trades and entrepreneurship

16/12/2021
Categories: Sectors

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The World Bank approved, on Tuesday, December 14, 2021, financing of 300 million dollars or 147.6 billion from the International Development Association (IDA) for the benefit of Benin. This fund will go to the promotion of employment and economic opportunities for young people and women through access to education and technical and vocational training as well as quality entrepreneurship.

Allow 46,000 learners in the Beninese education system to receive appropriate training that prepares them to face the challenges of the job market and 2,200 other young people to invest in the world of entrepreneurship. These are the objectives targeted by Benin, which can count on the World Bank Group to achieve them. 300 million dollars, or 174.6 billion, is the trifling amount that the Breton Woods institution has just made available to Benin. Through this support, it helps Benin promote employment and economic opportunities for young people and women through access to education and technical and vocational training as well as quality entrepreneurship.

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