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The Government of Kenya is implementing the Kenya Youth Employment and Opportunities Project (KYEOP) 2016 – 2021. The project development objective of KYEOP is to increase employment and earning opportunities among targeted young people across Kenya. The project aims to reach over 280,000 youth during the project period.
The main beneficiaries of the proposed project will be youth between 18-29 years of age (with some component extending up to 35 years) who are jobless and have experienced extended spells of unemployment or who are currently working in vulnerable jobs. The level of education of targeted beneficiaries will be up to Form 4. The project will reach youth within selected counties in urban and rural areas.
The Ministry of ICT, Innovation and Youth Affairs (MIIYA), through the State Department for Youth is the coordinating agency for the project.
The World Bank is a vital source of financial and technical assistance to developing countries around the world. It provides low-interest loans, zero to low-interest credits, and grants to developing countries. These support a wide array of investments in such areas as education, health, public administration, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management. Some of the projects are co-financed with governments, other multilateral institutions, commercial banks, export credit agencies, and private sector investors. It also provides and facilitates financing through trust fund partnerships with bilateral and multilateral donors. The World Bank Group has set two goals for the world to achieve by 2030: i) End extreme poverty by decreasing the percentage of people living on less than $1.90 a day to no more than 3% ii) Promote shared prosperity by fostering the income growth of the bottom 40% for every country.
Intellecap Advisory Services, a part of the Aavishkaar Group, is a pioneer in building enabling ecosystems and channeling capital to create and nurture a sustainable & equitable society.
Founded in 2002, Intellecap works across critical sectors like Agriculture, Livelihoods, Climate Change, Clean Energy, Financial Services, Gender & Inclusion, Healthcare, Water and Sanitation, and has delivered over 500 global engagements across 40+ countries and syndicated investments of over USD 500 Million in Capital.