NAYCOM, World Bank to Roll Out Major Youth Employment Program with $40 Million

By Dauda Koroma

Sierra Leone’s National Youth Commission (NAYCOM), in collaboration with the World Bank, the National Commission for Social Action (NaCSA), and the Anti-Corruption Commission (ACC), on August 30, 2024, hosted a media engagement event to discuss the Productive Social Safety Net and Youth Employment (PSSNYE) Project. Held at the New Connection Hotel in Makeni, the event was themed: “Empowering Youth, Amplifying Voices: Media as a Catalyst for Youth-Led Enterprises in Sierra Leone.”

The PSSNYE Project, which has received a substantial $40 million funding boost from the World Bank, aims to support 8,000 young people across Sierra Leone, including major cities like Freetown, Bo, Kenema, Makeni and Port Loko. The initiative focuses on developing youth-led household enterprises, with a strategic emphasis on promoting business growth and sustainability among the youth.

Emerson Kamara, Deputy Commissioner of NAYCOM, highlighted the urgent need to address high youth unemployment to ensure the country’s peaceful development. He emphasized that President Julius Maada Bio is committed to improving youth employment through this project. The funding will enable training and support for young entrepreneurs to help their businesses thrive, with monitoring from NaCSA and ACC to ensure transparency and prevent corruption.

Isata M. Blake, Senior Development Social Safety Network at NaCSA, affirmed the project’s commitment to fairness and sustainability. She noted that the initiative not only provides micro-social training but also focuses on empowering women, ensuring a broad impact.

Patrick Monrovia, Projects Coordinator at ACC, emphasized the importance of integrating the Governance Redress Mechanism (GRM) into the project. He assured that the ACC is prepared to address any grievances, particularly those related to corruption, to maintain project integrity.

Momodu Woodie, NAYCOM Programme Manager, underscored the significance of media involvement in the PSSNYE Project. He explained that media can enhance the project’s visibility, attract stakeholders and foster transparency by keeping the community informed. Woodie noted that the initiative aims to provide both financial and social support to vulnerable populations, thereby equipping them with skills for sustainable livelihoods.

The PSSNYE Project, which is set to run until June 30, 2027, will be implemented by NaCSA in collaboration with partners including ACC, NAYCOM, and the Freetown City Council. The project’s objective is to improve access to social safety nets and income-generating opportunities, marking a significant step towards addressing Sierra Leone’s youth unemployment crisis.

Yusuf Kamara, NAYCOM Monitoring and Evaluation Manager, outlined the project’s alignment with the country’s medium-term national development plan, highlighting key sectors for investment, including microfinance and large-scale machinery.

This ambitious project represents a crucial investment in Sierra Leone’s future, aiming to drive economic stability and social equity through targeted support for its youth.

author avatar
The Calabash Newspaper The Calabash Newspaper
The Calabash Newspaper Established in 2017, The Calabash Newspaper serves as a trusted platform for news and general information dissemination, catering to a broad Sierra Leonean audience both at home and abroad through its active presence on social media. The publication is committed to engaging its diverse readership by reporting on topical news events in Sierra Leone, enriched with editorials and insightful commentaries on pressing issues of the day. In addition to local news, The Calabash Newspaper expands its scope to include topics of continental interest, drawing from various international publications that address political, economic, and social developments across Africa.
0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments