Madagascar - Project Preparation Facility (PPF) for Youth Entrepreneurship in Agriculture and Agro-Industry Program (Enable Youth)

The proposed project concerns the Project Preparation Facility (PPF) for Youth Entrepreneurship in Agriculture and Agro-Industry Program (Enable Youth). Enable Youth Madagascar is an autonomous investment project for promoting youth entrepreneurship in agriculture and agroindustry. It is part of the implementation of the Strategy for the Transformation of African Agriculture for the period 2016-2025, which is one of the flagship initiatives. The project's strategy focuses on supporting talent development, job creation and entrepreneurship development by and for young people. This initiative is expected to lead to the emergence of microenterprises in value-added agribusiness, decent jobs, enhancing food security and more economic opportunities for the community, especially for young people and women. The project also takes into account the main factors of fragility in Madagascar, particularly those related to food insecurity, youth unemployment, land insecurity, the mismatch between skills and jobs, access to finance, vulnerability natural disasters (droughts, floods and cyclones) and climate change, inadequate rural infrastructure, persistence of traditional farming methods and lack of economic opportunities. The first phase of the project, subject of this support, will be implemented over 3 years.