Benin: IFAD mobilizes $37.1 million for agricultural jobs and entrepreneurship

IFAD and the Beninese government finalized $37.1 million in financing for the Agricultural Employment and Entrepreneurship Support Project (ProPEA) in Cotonou on October 26. The eight-year program has a total budget of $149.1 million, with additional contributions from the government, development partners, the private sector and participants. It will combine training, start-up support, advice, financing and insurance, aiming for young people to make up 60% of participants and to help create about 21,000 jobs by 2033.