Post-Covid-19 reconstruction: African Development Bank donates US $ 4 million to strengthen the resilience of young entrepreneurs in G5 Sahel countries
The project will contribute to the implementation of the economic recovery plans adopted by the G5 Sahel countries The Board of Directors of the African Development Bank Group (www.AfDB.org) approved, Tuesday March 16 in Abidjan, a donation of four million US dollars to finance the Project to support the resilience of businesses of young people in the G5 Sahel countries (PAREJ). The objective of the project is to support the resumption or expansion of the activities of micro, small and medium-sized enterprises (MSMEs) led by young people and which have been affected by the crisis linked to the Covid-19 pandemic. The project will contribute to the implementation of the economic recovery plans adopted by the G5 Sahel countries. This operation constitutes a complementary support to the operations already approved by the African Development Bank to support the efforts of the member countries of the G5 Sahel (Burkina Faso, Mali, Mauritania, Niger and Chad) as part of the fight against the