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News
New development finance in Tunisia
Improving youth employment, access to water, public transport and natural resources management are the aims of the financing agreements signed during the visit of AFD’s Chief Executive Officer to Tunisia.
Dominican Republic: Student loans
AFD’s Board of Directors approved a loan in US dollars for an amount equivalent to €6m to Pontifica Universidad Catolica Madre y Maestra (PUCMM) for the development of student loans and new training courses.
The financing will allow PUCMM – a private university – to raise the number of student loans, which are first and foremost offered to deserving students with few resources to finance their studies, and in the training subjects most needed by the Dominican Republic’s economy. By 2014, the number of loans allocated by the university is expected to increase by 18%.
Tunisia: financing the Bizerte engineering school
AFD’s Board of Directors approved a €15m loan to the Republic of Tunisia for the construction of the National Engineering School of Bizerte.
The Tunisian government plans to raise the annual capacity to train engineers (all fields taken together) from 6,000 to 9,000 student engineers by 2015. The project involves designing and building an engineering school in Bizerte, the country’s third largest industrial export hub with 200 businesses. It eventually aims to train 400 graduate engineers a year in sectors where there is high economic demand. The academic and scientific cooperation between ENIB and French schools will be managed by SCAC (French Cooperation and Cultural Action Department) and the French Embassy.
Evaluation and Capitalisation N°33 | Capitalisation des démarches pour la mise en oeuvre des projets de formation professionnelle - Cas de la Tunisie et du Maroc
Ali Chelbi, Cabinet consultant ACC (Tunis) et Yves Ficatier, AFD (ficatiery@afd.fr)
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