Senegal: An investment of 153BN FCFA to stimulate the economy

Tunisia recently secured funding of 96.1 million euros (approx. 319.3 million Tunisian dinars) from the World Bank to modernize and strengthen its higher education system.

This strategic investment, formalized at the World Bank/IMF Spring Meetings in Washington, is aimed at improving the innovation, resilience and employability of Tunisian graduates.

The project, dubbed RESPIRE (Renforcement de l’Enseignement Supérieur pour l’Innovation, la Résilience et l’Employabilité), is part of a drive to align university training with the needs of the job market. With graduate unemployment reaching 25%, this initiative is crucial to reducing the gap between young people’s skills and companies’ expectations. By training a qualified and adapted workforce, the project aims to boost productivity and attract more investment.

In addition to improving academic infrastructure, the project focuses on more transparent and efficient management of higher education establishments. This modernization is essential to boost the confidence of international partners and optimize the efficiency of investments.

Source: Africa24