Sovereign Project

Liberia - Program for Advancing Youth Entrepreneurship Investment (PAYEI) - Project A: Liberian Youth Entrepreneurship Investment Bank

Liberia · {'name': 'Monrovia', 'coordinates': '6.30054 -10.7969'}, {'name': 'Liberia', 'coordinates': '6.5 -9.5'}

Formal sector financial intermediaries · Public investment / AfDB sovereign financing

Estimated cost12m XDR
Financing soughtAfDB sovereign financing approved
Project structurePublic investment / AfDB sovereign financing
Target date2028-12-31
Sponsor / contactMinistère du Commerce et de l’Industrie (MOCI)

Ministère du Commerce et de l’Industrie (MOCI)
RDGN

Liberia

Description

The Liberia Youth Entrepreneurship Investment Bank (YEIB) supports the Government of Liberia’s (GoL) 2018 to 2023 Pro-Poor Agenda for Prosperity and Development (PAPD). The project builds on the achievements of the Bank-financed (FAPA/TSFP-III). The Liberia YEIB is a pillar of the Program for Advancing Youth Entrepreneurship Investment (PAYEI). The YEIB will provide financial and nonfinancial services to the youth to start and scale their businesses by strengthening the overall entrepreneurship ecosystem and its stakeholders. The YEIB offers a coherent offer of services that will support the entrepreneurship journey of the youth. The YEIB will forge multi-stakeholder partnerships to mobilize capital to invest and coordinate the delivery of financial and nonfinancial services for entrepreneurs in a systemic, structured, scalable, and sustainable manner. The YEIB will be a youth-focused institution set up to unlock finance, market access, and development services for target youth-businesses. Climate finance is not attributed to this project.

Status
Ongoing
Last update
14 Aug 2026
Source
African Development Bank Group · IATI
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