RicherFin · Sovereign Projects

Tanzania - Skills Development for Youth Employability in the Blue Economy Project — Tanzania

Tanzania · Zanzibar, Pemba · Multisector aid for basic social services

Overview

The project is designed within the aspirations of the Zanzibar Development Vision 2050, which identifies development of core skills and competencies as a prerequisite for sustainable development in Zanzibar. The Vision highlights the need for innovative and inclusive skills development programmes for decent employment, especially for the youth. The project is also aligned with the priorities of the Zanzibar Education Development Plan II (2017/18–2021/22), specifically the focus on promoting Technical, Vocational Education and Training (TVET) that is responsive to labour market demands. It is also aligned with the Blue Economy Policy (2020) which underscores the need for Zanzibar to harness its ‘blue resources’ to reduce poverty, create employment, and improve growth and exports while strengthening food and energy security. The project primarily contributes to climate adaptation results. As such, 50% of the total approved amount is attributed as climate finance, of which 22 million USD is dedicated to adaptation.

Key project information

Official name
Tanzania - Skills Development for Youth Employability in the Blue Economy Project
Status
Ongoing
Current phase
Ongoing
Country
Tanzania
Location
Zanzibar, Pemba
Sector
Multisector aid for basic social services
Project structure
Public investment / AfDB sovereign financing
Estimated project cost
XDR 35m
Expected completion
2027-12-31