World Bank Approves $100 Million to Improve Skills Development Programs
The World Bank today approved $100 million in financing from the International Development Association (IDA)* for Malawi to support increased access, particularly for female students, to skills development programs in priority areas of the economy that are most relevant to the labor market— now and in the future.

The Skills for a Vibrant Economy (SAVE) Project is designed to provide skills development support through programs offered in selected tertiary education institutions spanning higher education and technical, entrepreneurial, and vocational education and training (TEVET), with special attention on demand-driven approaches to boost labor force skills, women’s empowerment, digital skills and technology, institutional strengthening and learning continuity.

"We are pleased to embark on the SAVE project, which will help us better prepare and support youth skills development in Malawi. Although access to tertiary education has been increasing in Malawi, enrolment rates remain low and compare unfavorably with regional and world averages. The SAVE project’s focus on increasing access to higher education and TEVET skills