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African Development Fund: Skills, Jobs and Entrepreneurship in Rwanda
Rwanda has been an economic success and has maintained a strong growth path averaging 8% per year over the last decade. Rwanda has made remarkable progresses on the Millennium Development Goals, particularly in areas of health, and in lifting one million people out of poverty (MDG 4, 5, 6).
The Rwanda Skills, Employability and Entrepreneurship Project (SEEP) is a sector budget support operation, to build human capital, reduce unemployment, address the skills mismatch between supply and demand in the labour market, and stir innovation and entrepreneurship.
ADF Financing, Project Preparation, Advisory and Brokering Role
ADF-12 provided a grant of US $37.5 million for this operation.
ADF 13 is expected to play a crucial role in continuing to support this project.