Nigeria Investment in Digital and Creative Enterprises (i-DICE) Project

GCA is working with the AfDB and the Federal Government of Nigeria in the Investment in Digital and Creative Enterprises Project (i-DICE) the project promotes investment in Information and Communications Technology (ICT) and Creative Industries, as part of efforts to build back better, greener, and more inclusively, supporting the government's agenda to create more sustainable jobs during and post COVID-19 pandemic.
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Adaptation Need

Nigeria is prone to climate hazards and cities like Lagos, Nigeria’s commercial capital, and other similar coastal areas are threatened by rising sea levels which increase vulnerability to flooding and waterborne diseases. Drought and reduced rainfall, combined with rising temperatures, inhibit the country’s hydropower systems, hinder agricultural production and fishing, reducing food security and negatively impacting health and nutrition. The impacts of climate change further exacerbate these challenges of unemployment and poverty.

GCA’s Added Value

GCA, in collaboration with PricewaterhouseCoopers, conducted a labor market study to assess the potential for creating adaptation jobs in Nigeria under the i-DICE project. The study produced an adaptation jobs taxonomy, a framework for mainstreaming adaptation jobs, and identified critical skills needed to support youth employment in climate adaptation across key sectors.

Total Investment Value Influenced
$618.00M
Beneficiaries
N/A
IFI Implementation period
2022 - 2027
Program
Youth Jobs and Entrepreneurship
Partners
African Development Bank
Status
Completed
Countries
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Nigeria
SDG contribution
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08 - Decent work and economic growth
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09 - Industry, Innovation, Technology and Infrastructure
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13 - Climate action

Project goals

Mainstreaming Adaptation and Resilience

GCA’s intervention mainstreamed adaptation and resilience in Nigeria by developing a robust framework for adaptation job creation, including a comprehensive taxonomy, sector-specific opportunities, and the identification of critical skills needed across agriculture, water, energy, construction, and forestry. The assessment also emphasized the inclusion of women and youth, alignment with decent work principles, and recognition of both formal and informal employment.

Expected Outcomes

GCA’s technical assistance will reinforce the following outcomes:

  • 849,970 jobs created (77,270 direct & 772,700 indirect)
  • 30% adaptation jobs created (255,000)
  • 175,000 youth trained in ICT skills.
  • Strengthening the capacity of 75 Enterprise Support Organizations
  • 270 start-ups supported to access business development services.
  • 250 unemployed post-graduate youth supported.
  • Mobilization of up to US$ 331.7 million in additional financing for 226 innovative startups.
  • 30-50% of impact will benefit young women

Timeline

GCA Support Status

Technical Assistance Preparation

March, 2022

GCA Support Implementation

December, 2021

GCA Support Completion

Monitoring

Finance

Project Investment Value

Total Investment Value

$618.00M

IFI Investment Value

$356.00M

Other Investment Value

$262.00M

Contacts

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