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Challenge Fund for Youth Employment

IATI Identifier: NL-KVK-30114696-CFYE
Published in IATI 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 error
    Sector code:
    11230 - Basic life skills for youth and adults
    Sector vocabulary:
    1 - OECD DAC CRS Purpose Codes (5 digit)

Participating Organisations

Organisation Name Organisation Type Organisation Role
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

Transaction

Transaction Value Provider Receiver Type Date
-19,338 EUR (Valued at Sep 30, 2020) circle Palladium Europe circle Receiver N/A Expenditure date_rangeSep 30, 2020
19,338 EUR (Valued at Sep 30, 2020) circle Palladium Europe circle Ethics At Work Disbursement date_rangeSep 30, 2020
-38,506 EUR (Valued at Jun 30, 2020) circle Provider N/A circle Receiver N/A Expenditure date_rangeJun 30, 2020
20,986 EUR (Valued at Jun 30, 2020) circle Provider N/A circle Receiver N/A Disbursement date_rangeJun 30, 2020
17,520 EUR (Valued at Jun 30, 2020) circle Provider N/A circle Receiver N/A Disbursement date_rangeJun 30, 2020
10,320 EUR (Valued at Apr 22, 2020) circle Provider N/A circle Receiver N/A Disbursement date_rangeApr 22, 2020
9,288,514 EUR (Valued at Apr 22, 2020) circle Provider N/A circle Receiver N/A Incoming Funds date_rangeApr 22, 2020
9,288,514 EUR (Valued at Apr 22, 2020) circle Provider N/A circle Receiver N/A Expenditure date_rangeApr 22, 2020
-10,320 EUR (Valued at Mar 31, 2020) circle Provider N/A circle Receiver N/A Expenditure date_rangeMar 31, 2020

Budget

4,526,370 USD
4,144,118 EUR (Valued at Sep 26, 2019) date_range Jan 01, 2020 - Dec 31, 2020
access_timeUpdated on Oct 28, 2020 09:33:07