In developing countries, more young people enter the labour market each year than the number of new jobs available. For this reason, the Netherlands prioritises the stimulation of young entrepreneurship and youth employment, especially in the focus regions. For example, the Netherlands participates in an innovative fund for youth entrepreneurship from the African Development Bank. The Netherlands itself is launching a Youth Employment Challenge Fund and, through Orange Corners, is also introducing local initiatives to help young people in Africa and the Middle East to become entrepreneurs. Young entrepreneurs are offered coaching through programmes such as Local Employment in Africa for Development (Lead) and PUM Netherlands Senior Experts. Agriterra makes agriculture attractive to young people and investment in the One Acre Fund has been increased. The Dutch Good Growth Fund offers start-ups and social entrepreneurs new forms of financing (working capital and financing in the value chain) and broader technical assistance.
Good jobs and stable incomes offer people prospects and contribute to the fight against poverty, conflict and irregular migration. Business development programmes have supported 8,800 business plans to invest or trade and 255,000 direct jobs. By programmes for transition to sustainable production in global trade chains, the labour conditions of 793,000 workers were improved, 2,736,000 small farmers trained and 6,070,000 hectares of land brought under sustainable land management. With Dutch advice, producers from developing countries exported goods to the value of $ 1,474 million. A total of 21 construction projects have been completed and financing for a further 46 projects has been secured. It is expected that 27 million people will benefit from this new infrastructure. In addition, 2,686,000 people obtained financial services and 90 new financial products were developed for disadvantaged groups. Good economic governance and economic institutions promote the growth of the private sector. The Netherlands therefore supports the capacity building of 435 local organisations of farmers, entrepreneurs and workers. Co-operation with the tax authorities has been expanded to double investment in this area, in accordance with the Addis Tax Initiative.