Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Silatech Supports Youth Economic Empowerment in Yemen  Join our daily free Newsletter

MENAFN Press - 01/07/2014
No. of Ratings : 0
Add to Mixx!


(MENAFN Editorial) Silatech has joined as a strategic partner to support Phase 2 of the Youth Economic Empowerment Project (YEEP), a program led by the United Nations Development Programme (UNDP) and the Government of Yemen and designed to benefit more than 8,000 Yemeni youth over two years. The USD 10.5 million YEEP II project will provide young Yemenis with employment in public works programs, leading from there to job and skills training, career guidance, entrepreneurship assistance and job placement



Ranked 160 out of 184 countries in the 2012 Human Development Index, Yemen is one of the poorest countries in the world. It has witnessed a decline in humanitarian and living conditions following the unrest that erupted in 2011. The country has one of the highest youth unemployment rates in the world, at approximately 65 percent, and more than half the population lives on less than USD 2 per day



According to Silatech Director of Microenterprise Justin Sykes, "The YEEP II program represents one of the most holistic and comprehensive youth economic empowerment strategies we have come across in the MENA region, and we are delighted to be working to shape and deliver this initiative. This partnership will enable Silatech to expand the impact of its existing Yemen-based programming, as well as tt out a range of innovative solutions which will serve to increase job creation opportunities for Yemeni youth




YEEP II builds upon the success of an innovative year-long pilot program, supported by technical assistance from Silatech, which an independent evaluation found to be "highly relevant and timely in meeting the needs of a growing body of vulnerable youth in Yemen." Silatech will provide YEEP II with a substantial financial contribution, as well as technical assistance in the areas of enterprise development, access to finance, career guidance and counseling, and job matching



The Youth Economic Empowerment Project is a multi-funded project with contributions from the UNDP, SPARK and Silatech as well as the Japanese, Korean and Dutch governments. YEEP has been designed to align closely with the National Youth Employment Plan 2014-2016, which was approved by the Government of the Republic of Yemen in late 201



Since its programs in Yemen began in 2009, Silatech has created or sustained over 45,000 jobs, supported more than 30,000 young people to start and grow their own businesses, and enabled more than 40,000 youth to open their first savings accounts. Silatech is the largest provider of youth-focused microenterprise services in the Middle East and North Africa.


About Silatech
Silatech is a regional social initiative that works to create jobs and expand economic opportunities for young Arabs. The organization promotes large-scale job creation, entrepreneurship, access to capital and markets, and the participation and engagement of young people in economic and social development. Since being founded in 2008 by Her Highness Sheikha Moza bint Nasser, Silatech has financed over 78,000 youth-owned businesses, created or sustained over 103,000 jobs, and trained over 2350 youth-focused NGO staff. Silatech currently has programs in 16 Arab countries, including Algeria, Egypt, Iraq, Jordan, Lebanon, Libya, Morocco, Palestine, Qatar, Saudi Arabia, Somalia, Sudan, Syria, Tunisia, the UAE and Yemen. For more information, please visit www.silatech.com.

 


MENAFN Press




  MENA News Headlines
 Feb 25 2017 - Loyyal collaborates with Smart Dubai in second phase of Dubai Future Accelerators ProgramMENAFN Press
(MENAFN Editorial) [email protected]/* */.About Smart DubaiThe Smart Dubai Office leads Dubai's smart city program, utilising technology innovation to improve efficiency and enhance experiences for ...

 Feb 25 2017 - Monty Mobile Signs An SMS Management Gateway deal with Palestine Cellular Communications, Ltd (Jawwal)MENAFN Press
(MENAFN Editorial) Monty Mobile once again is expanding its connections, and has now signed a new SMS Management Gateway deal with Palestine Cellular Communications, Ltd (Jawwal) BEIRUT, LEBANON, ...

 Feb 25 2017 - Monty Mobile's Successful RVS (Roaming, VAS and SMS) Operator's EventMENAFN Press
(MENAFN Editorial) Monty Mobile has been the proud host of 3 RVS events in Dubai and Kuala Lumpur gathering Operators representatives from around the world. BEIRUT, LEBANON, February 20, 2017 ...

 Feb 25 2017 - Vodafone, Orange, du, Zain to discuss next-gen CEM strategiesMENAFN Press
(MENAFN Editorial) The future of telecommunications is data-centric and digital-savvy consumers who will dominate the next decade of growth. DUBAI, UNITED ARAB EMIRATES, February 20, 2017 ...

 Feb 25 2017 - GCC's inaugural 'Cargo and Personnel Screening Conference' starts todayMENAFN Press
(MENAFN Editorial) Organized by IQPC with strategic partnership of Dubai Customs DUBAI, UNITED ARAB EMIRATES, February 19, 2017 /EINPresswire.com/ -- The Cargo and Personnel Screening Conference, ...

 Feb 25 2017 - Touch Screen Controllers Market to Reach $13.78 billion with 36.5% CAGR Forecast to 2020MENAFN Press
(MENAFN Editorial) Global Touch Screen Controllers Market 2017 Share, Trend, Segmentation and Forecast to 2020 PUNE, INDIA, February 20, 2017 /EINPresswire.com/ -- Touchscreen displays are in huge ...

 Feb 25 2017 - A Vehicle of Excellence for the Next Wave of PPP Development in the GCC RegionMENAFN Press
(MENAFN Editorial) Removing Financial Barriers to Meet Infrastructure Demands through PPP and Alternative Financing Options data-ad-slot="4736253037" Dubai has always been seeking ...

 Feb 25 2017 - Reputable Obstetrician and Gynecologist Sami Zeineddine, MD, FACOG, will be Spotlighted in The Leading Physicians of the WorldMENAFN Press
(MENAFN Editorial) The International Association of HealthCare Professionals is pleased to welcome Sami Zeineddine, MD, FACOG, Obstetrician and Gynecologist, to their prestigious organization with ...

 Feb 25 2017 - Acclaimed Registered Nurse Darria M. Lloyd, RN, BSN, will be Spotlighted in the Worldwide Leaders in HealthcareMENAFN Press
(MENAFN Editorial) The International Nurses Association is pleased to welcome Darria M. Lloyd, RN, BSN, to their prestigious organization with her upcoming publication in the Worldwide Leaders in ...

 Feb 25 2017 - MEDIA ALERT: AMA Tampa Bay's 2nd Annual Marketer of the Year Awards Thursday, March 2, 2017 | #PRNCMENAFN Press
(MENAFN Editorial) Who: The American Marketing Association Tampa Bay What: AMA Tampa Bay's 2nd Annual Marketer of the Year Awards When: Thursday, March 2, 2017, 5:30-8:30 PM Where: ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help