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

Countries
  • Mauritania
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
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jun 15, 2021
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Mauritania
The holder of the loan, grant, or other investment.
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, etc.
Investment Amount (USD)
$ 4.33 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ AFDB website

Updated in EWS Jul 20, 2021


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Project 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

Contact Information

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/