In 2016, the finance law of the Republic of Cameroon introduced exemptions for companies that recruit young people by exempting them from payroll deductions and employers contributions. Thanks to this measure, the para-public, and private sectors recruited 1,500 young higher education graduates between 2016 and 2020, said Jacques Fame Ndongo.
However, compared with the number of young people graduating from university every year in the country, these recruitment are still insignificant. According to Government statistics, between 2017 and 2018, 112,615 students graduated from universities under the Ministry of Higher Education.
According to the Minesup, the partnerships concluded between the country s universities and companies aim to operationalize the sandwich degree by providing tax exemptions to companies that allow young graduates to get their first professional experience.
(Business in Cameroon) - During his traditional speech on the eve of the national youth day celebration, President Paul Biya presented the achievements of the three-year special youth program initiated in 2016.
According to the Head of State, in 2020, 5,500 projects submitted by young Cameroonians were funded in the framework of the special youth program. Budget dedicated to funding the projects are estimated at about XAF15 billion. The investment has enabled the empowerment of more than 16,000 young people in 66 pioneering 2
nd generation villages.
According to some sources, these achievements highlighted by the president could have been even greater, if not for the pitfalls encountered in the implementation of the youth empowerment program, as well as the challenges of developing small economies.
Agriculture Friday, 12 February 2021 17:34
(Togo First) - In the 2021-2022 agricultural campaign, CFA500 million will be dedicated to cattle production development zones (ZAPB). This was reported in the minutes of the council of ministers held on February 10, 2021, in Kara.
A ZAPB is an area where cattle from a given region are raised. It has natural assets and basic social infrastructure such as schools, dispensaries, veterinary clinics, etc.
The project is funded by the Program for Support to Vulnerable People (PAPV). The disbursed funds will serve to develop 10 pilot ZAPBs.
According to the council of ministers, they will be located in the following prefectures: Zio, Lacs, Haho, Ogou, Anié, Blitta, Tchamba, Bassar, Kozah and Oti