The PAIAJ, a new project to replace PAEIJ, is coming

Thursday, 28 January 2021 08:30
The PAIAJ, a new project to replace PAEIJ, is coming

(Togo First) - As the Project to support employment and insertion of youth into promising sectors (PAEIJ-SP) comes to an end, a new one, the project to support youth-led agricultural investments (PAIAJ), is in the pipeline. 

According to well-informed sources, the new project, which is yet to be launched officially, has been trusted with the team that coordinated the PAEIJ-SP. This, following a call for projects issued by the African Development Bank (AfDB), its main backer. 

The PAIAJ will benefit “young people who couldn’t benefit from the PAIEJ-SP for various reasons, especially due to failure to meet eligibility criteria.”

While eligibility criteria for the PAIAJ are more flexible than the PAIEJ’s, the two projects are quite similar regarding how new entrepreneurs are selected. “Just like with the PAEIJ-SP, the PAIAJ will proceed to a call for projects to recruit new entrepreneurs across the country.”

The AfDB injected around CFA800 million in the project for two years. It will rely on microfinance institutions to provide loans to agricultural entrepreneurs. 

Séna Akoda

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