WASHINGTON, May 23, 2013 – The World Bank’s Board of Executive Directors approved a credit of US$50 million to help Burkina Faso fight poverty and increase social stability by giving unemployed or underemployed young people opportunities for temporary work and skills training.
The Burkina Faso Youth Employment and Skills Development project will directly benefit over 46,000 young people, some of whom now live in the two main cities of Ouagadougou and Bobo-Dioulasso, where the unemployment rate is currently very high at 20 percent, as well as in other regional capitals.