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EU4Skills
Promoting skills and employability for private sector development in Libyaemployability for private sector development in Libyaet l'employabilité en faveur du développement du secteur privé en Libye

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Objective

This project is designed to bridge the gap between education and employment in Libya. By enhancing skills and employability, EU4skills aims to boost the private sector and drive economic growth.
  • €7.15m
    BUDGET
  • 07/01/2024
    PROJECT START
  • 42 months
    DURATION

Aligning the skills to the needs of the Libyan labour market

The EU4Skills project stands out as a pivotal initiative for enabling the Private Sector in Libya to live up to its potential and create a solid foundation for growth.

The overall objective of this project is to better align the skills of the Libyan workforce to the needs of the labour market.
It intends to support the private sector and strengthen the capacities and services of key public institutions, with the aim of providing the population with the right skills and opportunities for successful integration into the labour market.

EU4Skills will focus on key competitiveness areas, with emphasis on digital integration and transition and Blue/Green Economy. It will also contribute to fill in the skills gap of the financial sector with targeted pilot actions.

The project will be implemented nationally across Libya, in cooperation with a range of Libyan government bodies and various key public and private sector employers.

With EU4Skills, EU’s support goes on in a holistic and integrated approach

EU4Skills adopts a holistic and integrated approach, articulated into four main activities:

Strengthen employability governance and mechanisms within the Libyan education system by endorsing an effective employability strategy and ensuring graduates possess skills relevant to the job market.

Boost employability and business opportunities by reinforcing digital transformation: Libyans will be equipped with the digital skills increasingly sought after by employers.

Promote skills development in the green and blue economies to prepare the workforce for jobs in these growing sectors focused on sustainability.

Enhance the skills and capacities of financial sector actors to strengthen the financial ecosystem and drive inclusion in small and medium-sized enterprises, fostering job creation.

 

The EU4Skills project signifies the continuation of the EU's support for a thriving Libyan economy. It follows the achievements of the E-nable project in empowering governance and digitalization and strengthening the green and financial sectors. With the launch of EU4Skills, the focus shifts towards empowering young individuals with the necessary skills to succeed in these high-demand fields, paving the way for a brighter future fuelled by innovation and sustainable growth.

Expected project outputs to enhance employability

The activities implemented within the framework of EU4Skills will increase employability in various fields such as digital transition, blue/green economy and finance. Governance mechanisms will also be enhanced. Here are some expected outcomes for the project:

 

Enhancing employability governance mechanisms

  • The employability rate among Higher Education and Technical Institutions graduates is increased;
  • Communication mechanisms between the educational institutions and labour market are improved;
  • The capacity of the Ministry of Higher Education and Ministry of Technical and Vocational Education to develop employability strategies is strengthened;
  •  A strategy to implement practical learning methodology and internships for higher education and technical education students and graduates is developed;
  • A decentralisation strategy for employability is defined within educational institutions, the Ministry of Local Governance, selected municipalities and the private sector.

 

Increasing employability in key competitiveness areas

  • Training priorities to cover the gap between education sector and job market are identified in the digital transition, blue/green economy and finance sectors;
  • Specific curricula are designed for these sectors to fit the job market priority needs;
  • Capacities of institutions working in these areas are reinforced to facilitate employability in collaboration with educational institutions and the private sector. They include especially the General Information Authority, the Digital Lab, the Ministry of Environment, Agriculture and Fisheries, the Ministry of Economy and Trade and the Institute of Banking and Financial Studies;
  • Employability mechanisms are developed facilitating the collaboration and coordination between the public and private sectors;
  • Financial literacy trainings are provided to entrepreneurs.