Tunisia: Challenge Fund for Youth Employment Launches Project in Tunisia

2 February 2023
Tunis Afrique Presse (Tunis)

Tunis/Tunisia — A project by the Challenge Fund for Youth Employment (CFYE), a programme funded by the Netherlands Ministry of Foreign Affairs, officially launched on Thursday in Tunis.

The project is designed to finance seven enterprises to expand their activitis and generate jobs inland.

At a launch ceremony, Portfolio Development Consultant Issam Khorchani said six million euros were committed to funding seven enterprises in the shape of donations to develop their activities in various sectors. The aim is also to generate over 10,000 jobs, 50% of which are geared towards women.

These businesses operate in such sectors as textile, IT, agribusiness, processing of medical waste, etc.

The CFYE launched a call for applications in 2019 to select seven Tunisian enterprises, Khorchani said.

Critera used include the ability to carry out projects and meet its investment commitments.

Read the original article on Tunis Afrique Presse.

Tagged:
Copyright © 2023 Tunis Afrique Presse. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.