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Challenge Fund for Youth Employment

IATI Identifier:

Published on IATI
  • date_range Sep 26, 2019
  • autorenew Implementation (Status)

In 2019, the Netherlands’ Ministry of Foreign Affairs (‘MFA’) therefore intends to set up a new challenge fund aimed at employment opportunities for youth in Africa and the Middle East. This new fund, called the Challenge Fund Youth Employment (‘CFYE’), will be a €150 million fund that will run for at least four years. The goal of the CFYE is to create prospects - via work and income - for 200,000 young people in the Middle East, North Africa, Sahel and Horn of Africa, by creating more and better jobs and income generating opportunities. The fund will have a special focus on opportunities for young women.

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Sectors:

  • Basic life skills for youth and adults

Participating Organisations

Palladium Europe Private Sector Implementing
Palladium Europe Private Sector Accountable
Stichting VSO Nederland International NGO Implementing
Randstad NV Private Sector Implementing
Netherlands - Ministry of Foreign Affairs Government Funding

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Budget

1,056,400,209 USD
  • -395,643 EUR (Valued at Dec 01, 2019)
    date_range Dec 01, 2020 - Dec 31, 2020
  • 6,379,297 EUR (Valued at Jan 01, 2021)
    date_range Jan 01, 2021 - Dec 31, 2021
  • 928,851,355 EUR (Valued at Nov 01, 2019)
    date_range Nov 01, 2019 - Dec 31, 2019
  • 8,311,588 EUR (Valued at Jan 01, 2022)
    date_range Jan 01, 2022 - Dec 31, 2022
access_time Updated on Jan 04, 2023 10:21:18