TVET+ cultivates innovative collaborations and strategic partnerships with entities that can help us achieve our goals of enhancing skills, create more and better jobs and result in improved quality of life. Here we present the partnerships for the six year TVET+ programme in Somalia.
KfW – Responsible banking
KfW is one of the world’s leading promotional banks. Since 1948 KfW has been committed to improving economic, social and ecological living conditions all around the world on behalf of the Federal Republic of Germany and the federal states. To do this, it supplied funds totalling EUR 77.3 billion in 2019 alone; of this total, 38% was spent on measures aimed at protecting the climate and the environment.
KfW has no retail branches and does not hold any customer deposits. It funds its promotional business in a responsible manner and almost entirely via the international capital markets. In 2019 it raised EUR 80.6 billion for this purpose. In Germany, KfW Group has offices in Frankfurt am Main, Berlin, Bonn and Cologne. Its global network includes around 80 local and representative offices.
As a “Bank aus Verantwortung” (a bank committed to responsibility), KfW sustainably supports change in the economy, ecology and society. We support people, countries and institutions who think beyond the here and now, driving our society towards tomorrow.
The focal points of our work include:
- Promotion of small and medium-sized companies (SMEs) and start-ups
- Provision of equity capital
- Programmes for energy-efficient refurbishment of residential buildings
- Support of measures to protect the environment
- Educational finance for retail customers
- Funding programmes for municipalities and regional promotional banks
- Export and project finance
- Promotion of developing countries and emerging economies
- Financing and consulting for companies investing in developing countries and emerging economies
KfW Development Bank - Investing in development
KfW Development Bank finances development projects around the world on behalf of the German Federal Government, in particular the Federal Ministry for Economic Cooperation and Development (BMZ), and the European Union. In doing so, it acts in line with the 2030 Agenda for Sustainable Development, the 17 Sustainable Development Goals (SDGs) and the Paris Agreement on climate change – because the only way global challenges can be tackled is by working together.
In 2019, KfW Development Bank committed EUR 8.8 billion in new financing in order to help its partner countries achieve the development and climate goals. As an experienced bank and specialist institution for development policy, it promotes and monitors projects from their conception and implementation to the final review.
KfW Development Bank supports projects in Sub-Saharan Africa, North Africa and the Middle East, Asia, Latin America and South-East Europe. KfW Development Bank is represented by local offices in almost 70 countries around the world. The spectrum of projects promoted ranges from investments in large-scale infrastructure – e.g. renewables, urban transport systems, water supply and waste water disposal – to national credit lines for small- and medium-sized enterprises through to the development of basic social services. In addition to the direct impact of the individual projects, it also often initiates structural reforms to contribute to sustainable development on a permanent basis.
More info about KfW on: https://www.kfw.de/kfw.de-2.html
Yme Foundation is the Project Executing Agency (PEA). Yme has a long history working in the humanitarian and development field. It was founded on the belief that idealistic professionals and volunteers can ease the situation of the poorest through the responsible use of science and technology. Yme was born in the late 1980s by a group of specialists in geology, hydrology and engineering. They came together with a vision to contribute to the development of rural areas in Africa. In 1993 Yme registered as a Norwegian humanitarian organisation.
Yme Foundation specialises in Technical Vocational Education Training (TVET), WASH, disaster risk reduction and peacebuilding in Somalia upon invitation from NorSom (the Norwegian Somali diaspora) and with authorisation of the Somali governing authorities. In Somalia, Yme works in partnership with its local partner in Somalia, GSA, to realise positive outcomes for citizens affected by humanitarian crisis, supporting WASH projects and running a Technical Vocational Training School in South Galkayo. The consortium of Yme/GSA/NorSom was established in Somalia 2006 with a program in water supply rehabilitation.
Yme’s main office is situated in Arendal, Norway. Yme is also registered as an NGO in Somalia. Yme has received funding from the Norwegian Ministry of Foreign Affairs, NORAD, UNCHR (Angola), UNOCHA (Somalia), the Angolan Government and contributions from companies such as Statoil Hydro and Aker Kværner.
GSA - Gurmad for Sustainable Aid
Gurmad for Sustainable Aid (GSA) is a Somali humanitarian and non-governmental organization. GSA relieves the suffering of those affected by war, natural disaster and disease in Somalia, by providing life-saving assistance, working with communities in urban and rural areas, isolated villages, IDP’s camps and disaster sites. GSA provides access to safe drinking water and improves the sanitation and hygiene, technical education and assist in promoting peace and good governance among the affected communities. GSA was established in 1992 under the name ‘General Service Agency’, in 2017, the organization changed to its current name Gurmad for Sustainable Aid (GSA).
GC was formed based on direct experience from due dilligence for international investors through several renewable energy projects where we have helped raise funds and experienced the value of close a relationship to stakeholders. We have experience from developing countries, both technical, market, finance and from a development perspective.
GC has joined forces with our strategic partner yme foundation to develop the “Stakeholder Investors Platform” (SIP) in order to apply crowdfunding techniques and -tech to professionalize involvement of diaspora communities in developing countries.
Norad is the Norwegian Agency for Development Cooperation. We do the quality-assurance of Norwegian Development Cooperation.
The Agency is a directorate under the Norwegian Ministry of Foreign Affairs. In matters regarding Norway’s International Climate and Forest Initiative (NICFI), Norad reports to the Norwegian Ministry of Climate and Environment.
Norad’s functions are laid down in the agency’s terms of references and annual letters of allocation issued by the Ministry of Foreign Affairs and the Ministry of Climate and Environment.
More about NORAD on: https://norad.no/en/front/