The African Development Bank Group (AfDB), in collaboration with the Government of Angola and the European Union, has launched the $125 million Youth Employment Project (Crescer Project) to stimulate entrepreneurship, job creation, and skills development among young Angolans. The Crescer Project will strengthen national planning systems, public-private partnerships, and public investment mechanisms, which are crucial for long-term economic growth. Structured around three key components—skills development, business acceleration, and financial inclusion—the Crescer Project seeks to create a supportive environment for entrepreneurship by strengthening institutional capacity and improving service delivery. Together, these initiatives underscore the commitment of the African Development Bank and the Government of Angola to advancing youth employability, entrepreneurship, and innovation as key pillars of the country’s economic diversification strategy. The AfDB currently maintains 16 active projects in Angola, totaling $1.45 billion in investments across sectors such as energy, agriculture, water and sanitation, finance, transport, social development, and the environment.