More than $150 million for rapid labor market integration

Harris Marley
Harris Marley

Global Courant

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The World Bank has approved $150 million in funding to improve the capacity of Senegalese higher education institutions to deliver graduates with skills that match the needs of the labor market. The World Bank funding is accompanied by a $1.9 million grant from the Early Learning Partnership (ELP) Multi-Donor Trust Fund.

This support is provided within the framework of the Senegal Higher Education Project – ESPOIR-JEUNES. It is designed to improve the economic performance of higher education graduates, in line with the goals of promoting inclusive growth, shared prosperity and gender equality in Senegal.

“We are confident that this project will achieve its objectives as it builds on the already satisfactory results of the Higher Education Institution (Institut Supérieur des Etudes Professionnelles – ISEPs) in Thiès, funded by the World Bank. This funding will allow the establishment of eight other institutions in regions targeted by the Senegalese government. The appropriate and relevant vocational skills they provide will enable the beneficiaries to integrate quickly into the labor market. This project is expected to have a positive impact with – in the short term – the enrollment of more than 16,000 students as the first cohorts in the newly created ISEPs,” said Keiko Miwa, World Bank Country Director for Cape Verde, Gambia, Guinea-Bissau, Mauritania and Senegal

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The eight new ISEPs will be built in regions with different socio-economic profiles.

“These new ISEPs must take into account the inherent potential of geographic zones within each region. These vary from mining to fruit growing, from fish processing to textiles. The aim is to meet local professional demand,” says Pamela Mulet, Senior Education Specialist at the World Bank and head of the ESPOIR-JEUNES project.

This project will not only create infrastructure, but also support ongoing and planned reforms in higher education. It should thus improve the governance framework of the sector while supporting the Government of Senegal in its strategic options, in particular by broadening access to tertiary vocational training programs in the short term, while promoting greater use of information technologies in higher education.

Distributed by APO Group on behalf of The World Bank Group.

This press release is issued by APO. The content is not checked by the African Business editors and none of the content has been checked or validated by our editors, proofreaders or fact-checkers. The publisher is solely responsible for the content of this announcement.

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More than $150 million for rapid labor market integration

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