IDB and Education Above All Foundation Renew Partnership to Advance Education, Economic Growth
Spain, June 30 -- The Inter-American Development Bank (IDB) and Education Above All (EAA) Foundation signed a new agreement to strengthen collaboration and explore new areas of joint work in education, skills development, and economic empowerment, including employment and self-employment initiatives.The framework agreement, which will run from 2025 to 2030, will address critical educational challenges in Latin America and the Caribbean by enrolling and retaining out-of-school and at-risk-of-dropping-out children, ensuring their access to quality primary education. The EAA Foundation plans to earmark up to $40 million in grants while the IDB aims to allocate $60 million in loans over the next five years to finance projects. The partnership s...
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