Djibouti pledges stronger funding for young entrepreneurs
By the AFREEQUE newsroom, based on ADI
Djibouti’s President Ismaïl Omar Guelleh promised to strengthen funding and support for young entrepreneurs. He also called for more investment to be attracted and training to be adapted to the needs of the economy, during National and African Youth Day, according to ADI.
Djibouti’s President Ismaïl Omar Guelleh announced stronger funding, support and incentives for young entrepreneurs. He was speaking on Sunday 1 November at the People’s Palace in Djibouti, during National and African Youth Day, according to the Djibouti Information Agency (ADI).
The head of state also wants to facilitate the transition from informal activities to structured businesses. He cited the simplification of administrative procedures, access to funding and incentives, while calling for training to be adapted to the needs of the economy and for new investment to be attracted, according to ADI.
Three young people who had achieved financial independence without outside assistance were honoured during the ceremony. The programme follows the allocation of 1.8 billion Djiboutian francs to young entrepreneurs, announced on 27 October.
