Tunisia Launches CAP Emploi to Boost Youth Jobs and Entrepreneurship | Business
Summary
In a pivotal moment for Tunisias employment and entrepreneurship landscape, the CAP Emploi programme was officially launched in Tunis during a high-level workshop bringing together around 60 key players from government, private sector, financial institutions, and civil society. This model promotes accountability, transparency, and efficient use of public and donor funds.Malinne Blomberg, Country Manager for Tunisia and Deputy Director General of the AfDB for North Africa, highlighted this innovation at the workshop, noting:CAP Emploi is built on three interconnected pillars designed to address structural weaknesses in the labour market and promote inclusive economic development: Tailored Short-Term Training Responding to private sector demand, this component aligns skills development with market needs. Zero-interest loans, facilitated through BTS BANK, aim to bridge the financing gap that often prevents youth and women from launching or scaling their businesses. This systemic change is expected to have a long-term impact on job creation and economic resilience.Over its lifespan, CAP Emploi is expected to: Improve the professional integration of thousands of unemployed youth.Tarek Bouhlel, Director General of African Cooperation at the Ministry of Economy and Planning, stressed the strategic alignment of CAP Emploi with the countrys national goals:Tunisia, like many countries in the region, faces a pressing youth unemployment crisis, particularly among university graduates. With strong backing from national and international partners, implementing agencies will now focus on deploying resources, launching pilot projects, and building the technical capacity needed to ensure swift and coordinated action.CAP Emploi stands as a model of innovative financing, inclusive policy-making, and strategic partnerships.
Funding
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