https://blogs.worldbank.org/en/opendata/how-cabo-verde-uses-data-and-financing-to-turn-skills-training-i?cid=ECR_E_NewsletterWeekly_EN_EXT&deliveryName=DM290623
Training funds are now widely used to finance skills development, but their results are uneven. Too often, they count people trained without showing whether graduates find work or whether employers value the skills provided. Cabo Verde offers a useful counterexample. Its Fundo de Promoção do Emprego e da Formação (FPEF), or Employment Promotion and Training Fund in English, combines sustainable financing, competitive grants, equity targets, and employment tracking in a single system.
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