📋 Tender Overview
Project Summary
Approval Date 13 Apr 2023
Planned Completion Date 30 Jun 2028
Last Disbursement Planned Date 30 Jun 2028
Sovereign / Non-Sovereign Sovereign
Sector Social
DAC Sector Code 11231
Environmental Category IF-B
Commitment U.A 15,239,973
Status Approved
Project General Description
The proposed project aims to consolidate and strengthen the results achieved through the value chain approach that was successfully piloted under the Support Project for Youth Employability and Integration in Growth Sector (PAEIJ-SP). Approved by the AfDB Board of Directors on 22 August 2016, the PAEIJ-SP has supported 1,420 young individual entrepreneurs and 3,178 farmers’ groups whose incomes have increased on average by 41%. The project has created 55,397 direct jobs and supported 41 agro-industrial SMEs whose average turnover has risen from XOF 80 million to XOF 1.8 billion. The project will capitalise on the experience of the PAEIJ-SP, in terms of technical assistance and public-private partnership for the financing of young entrepreneurs. It intends to structure clusters around these SMEs and the new ones being identified, to create employment opportunities for young people and women. The project targets natural persons or legal entities producing marketable goods or services, employing less than 200 people, and whose annual turnover does not exceed XOF 1 billion, as defined in Togo’s MSME Charter of November 2021. The implementation strategy is based on the value-added chain (VAC) approach and the development of agro-industrial clusters, which consists in identifying SMEs in sectors with high growth potential, providing them with quality technical assistance and financing tailored to their needs, as well as supporting and integrating young entrepreneurs into their supply and distribution chains, thereby creating job opportunities.
Project Objectives
The project’s objective is to promote inclusive growth and decent job creation for young people, through the development of entrepreneurial skills and access to financial and non-financial services. More specifically, it aims to: (i) strengthen the entrepreneurial skills of young people; (ii) boost the competitiveness and increase the market share of youth MSMEs; and (iii) increase the volume of financing provided to young entrepreneurs.
Beneficiaries
The project area covers the country’s five regions, but the activities are highly concentrated in the three poorest regions (Plateaux, Centrale and Savanes), whose populations, estimated at 2,600,285 inhabitants, are made up mainly of women (50.7%). These regions are home to at least 1,200 young entrepreneurs and 14,200 registered farmers/herders. In general, the main beneficiaries of the project are young people under 35 years of age, who account for more than a third (35%) of the population, or just over 2.9 million people out of Togo's 8.3 million inhabitants. Details on the profile and age limit are part of the young entrepren
