Somaliland Youth Development Fund

Description

Somaliland President H.E Muse Bihi Abdi has issued a presidential decree to functionalize Somaliland Youth Development fund (SLYDF) in 2020 to reduce the high burden of unemployment rate facing the young generations. The SLYDF is mandated by the presidential decree (JSL/XM/WM/222-469/02/2020) to prioritise investing in youth entrepreneurship as a critical driver for accelerated socio-economic development.

With effective cooperation and partnership with key stakeholders, SLYDF's strategic aim is to unlock youth potentiality through preparing, enabling, funding and accelerating youth empowerment programs and youth entrepreneurial venturing.

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