Glorious Morning

24 Nov Cents With Sense | Angola’s $125M Bet on Youth-Led Growth

17 MIN
Download (8.3 MB)
In October, Angola took a bold financial leap with the launch of the $125 million Crescer Project—a youth employment initiative co-financed by the African Development Bank, the Angolan Government, and the European Union. More than a social intervention, this project is a strategic economic manoeuvre aimed at stimulating entrepreneurship, expanding MSMEs, and accelerating national development through youth-led innovation. With over 149,000 jobs projected and $15 million earmarked to boost access to finance, Crescer is not just about employment—it's about economic transformation. But how far has the needle moved, and what financial ripple effects are already emerging?
ENGLISH  SOUTH AFRICA