Skills Initiative for Africa (SIFA) launches a program designed to address skills development and youth employment in Ethiopia during an event held for two days from July 10 at Ethiopian Skylight Hotel.
The SIFA Financing Facility launches a call for proposals under Funding Window I for large skills development investment projects proposed by Ethiopian TVET entities in partnership with private sector companies. The Grant amount per project under this Funding Window is up to 3 million euros.
SIFA is an initiative of the African Union Commission (AUC) and the African Union Development Agency- NEPAD (AUDA-NEPAD) supported by the German Government to strengthen occupational prospects of young people in Africa. Under SIFA, AUDA-NEPAD and KfW support a Financing Facility for Skills Development to provide funding on a competitive basis for the implementation of innovative and sustainable skills development initiatives. The second pillar of SIFA is a technical assistance program supported by GIZ to strengthen private sector engagement. SIFA aims to foster the employment and entrepreneurship of youth, women and vulnerable groups including refugees, migrants and internally displaced persons, the disadvantaged and disabled.
The SIFA Financing Facility for Skills Development addresses the common challenges in skills development in Africa by upscaling and/or disseminating local best practices and supporting innovative and sustainable approaches.
Ethiopia has been selected as one of the eight participating countries in SIFA. The others are Cameroon, Ghana, Kenya, Nigeria, South Africa, Togo and Tunisia.
One way of tackling youth unemployment in Ethiopia is investing heavily in vocational and technical education and training (TVET).
Funding Window I can fund a combination of the following 5 technical and didactical interventions.
