DER/FJ disburses 65.5 million CFA to 27 groups in Matam
The General Delegation for Rapid Entrepreneurship for Women and Youth has provided funding to 675 beneficiaries in Matam, urging greater youth involvement in business.
The General Delegation for Rapid Entrepreneurship for Women and Youth (DER/FJ) has announced the disbursement of 65.5 million CFA francs to 675 beneficiaries across 27 groups in Matam. Dr. Abdoulaye Niane, the General Delegate, called for increased youth participation in entrepreneurial initiatives during the announcement.
In a separate but related initiative, the department of Podor is set to receive 76.8 million CFA francs from the DER/FJ. This funding will support 104 groups within the region, further expanding the reach of the entrepreneurship program.
These financial injections aim to foster economic activity and provide resources for emerging businesses, particularly targeting women and young entrepreneurs. The DER/FJ's efforts are designed to stimulate local economies and create opportunities for sustainable development.
Why it mattersYoung entrepreneurs and women in Matam and Podor will receive funding to start or expand their businesses.