Public Management

Côte d’Ivoire Unveils New Initiative to Tackle Youth Unemployment

Côte d’Ivoire Unveils New Initiative to Tackle Youth Unemployment
Wednesday, 22 January 2025 14:57

The Ivorian government has in recent years launched various initiatives to provide training and improve job opportunities for young people.

On January 20, 2025, Ivorian Prime Minister Robert Beugré Mambé officially launched the 2024-2025 National Program for Internships, Apprenticeships, and Career Transition (PNSAR). The initiative aims to boost the employability of 142,000 young people, aged 16 to 40, by providing opportunities for internships, hands-on training, and career retraining.

PNSAR is focused on four key areas: qualification internships, school internships, practical training, and programs for career redirection and skill development. During the launch, the Youth Employment Agency signed partnership agreements with four companies, aimed at creating job opportunities for around 17,750 young people.

Côte d'Ivoire is grappling with serious employment challenges. A large portion of the workforce is in informal jobs, many of which do not provide decent living wages. In addition to the high rates of youth unemployment and underemployment, there is a shortage of funding for youth integration programs and a mismatch between the education system and the labor market's needs.

In response, the government has launched several initiatives to improve training and increase employment opportunities for young people. One such initiative, the Youth Program (PJ-GOUV 2023-2025), seeks to create 1.5 million job opportunities.

The government has pledged an investment of over CFA360 billion ($572 million) to help more than 600,000 young people join the workforce. The total cost of the program is estimated at CFA1,118.11 billion.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Togo raises $53M via bonds and bills, surpassing 30B XOF target Auction saw 160.86% bid coverage; OATs issued at 6.25% for three years Total...
Africa’s instant payment systems processed 64 billion transactions worth $1.98 trillion in 2024, according to AfricaNenda. The continent counted...
EIB and ZICB to mobilize €30M for Zambian agribusiness SMEs 30% of funds reserved for women-led enterprises; €4M risk-sharing...
IFC lends 170 million rand to Lula to boost digital, unsecured SME lending 80% of funds will support micro and small enterprises Deal strengthens a...
Most Read
01

DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...

DRC in Talks with Alibaba, Isoftstone to Develop a Chinese-Style E-Commerce Model
02

The new unified platform replaces the NIBSS Instant Payments system. It connects banks, finte...

Nigeria Launches National Payment Stack, Targets Faster Digital Transactions
03

Germany to provide €49 million ($56.7 million) to support ECOWAS projects. Funds target peac...

ECOWAS secures $56.7mln German support for security and governance
04

Nigeria implemented the National Payment Stack (NPS), a new unified infrastructure, to enhance dig...

Beyond Banks: Nigeria’s National Payment Stack Embraces Fintechs
05

Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...

UAE faces backlash over alleged role in Sudan’s gold and arms trade
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.