Mauritania - Vulnerable Youth Employability and Socio-Economic Integration Support Project (AFDB-P-MR-I00-003)

Countries
  • Mauritania
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • African Development Bank (AFDB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Jun 15, 2021
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of Mauritania
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Education and Health
  • Finance
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 4.33 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ AFDB website

Updated in EWS Jun 28, 2022

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to bank provided information, the main objective of the project is to improve the quality of life for the people in Brakna Region through skills development and entrepreneurship. Specifically, the project seeks to promote the employability of young people, especially vulnerable young people aged 15 to 24, particularly women who are Not in Employment, Education or Training (NEET).

The present intervention is related to the Vulnerable Youth Employability and Socio-Economic Integration Support Project. The project aims to improve the quality of life of vulnerable youth in the Brakna region through skills development and entrepreneurship. It also contributes to the operationalisation of the National Employment Strategy (NES 2019-2030) and is aligned with the Strategy for Accelerated Growth and Shared Prosperity (SCAPP 2018-2030). The project will help to develop information and intermediation services, as well as technical and professional skills of young people, while providing technical and financial support to entrepreneurs and stakeholders in the region's entrepreneurial ecosystem. The implementation period is four (4) years, from September 2021 to December 2025. The project cost is estimated at UA 3.302 million, including the Mauritanian government's counterpart funding of UA 0.302 million. The project is structured around three components, namely: (1) Support to information and intermediation services for an increased youth employability; (2) Development of technical skills and promotion of young entrepreneurs in the emerging sectors and (3) Project management, monitoring and evaluation.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

U.A 3,000,000


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

BEN ABDELKARIM Oussama
o.benabdelkarim@afdb.org 

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.afdb.org/en/disclosure-and-access-to-information/request-for-documents. Under the AfDBÕs Disclosure and Access to Information policy, if you feel the Bank has omitted to publish information or your request for information is unreasonably denied, you can file an appeal at https://www.afdb.org/en/disclosure-and-access-to-information/appeals-process 

ACCOUNTABILITY MECHANISM OF AfDB

The Independent Review Mechanism (IRM), which is administered by the Compliance Review and Mediation Unit (CRMU), is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an African Development Bank (AfDB)-financed project. If you submit a complaint to the IRM, it may assist you by either seeking to address your problems by facilitating a dispute resolution dialogue between you and those implementing the project and/or investigating whether the AfDB complied with its policies to prevent environmental and social harms. You can submit a complaint electronically by emailing crmuinfo@afdb.org, b.kargougou@afdb.org, b.fall@afdb.org, and/or s.toure@afdb.org. You can learn more about the IRM and how to file a complaint at: https://www.afdb.org/en/independent-review-mechanism/ 

How it works

How it works