This document provides a comprehensive analysis of recent, current, and developing mechanisms for financing Technical and Vocational Skills Development (TVSD) in the context of Kenya, Rwanda, and The Gambia. It highlights the need for a shift from traditional Technical and Vocational Education and Training (TVET) to a more inclusive and holistic TVSD approach, which is essential for addressing the high youth unemployment rates and skills mismatch in Sub-Saharan Africa.

Key points include the identification of various financing mechanisms, the role of private sector involvement, and the impact of national reforms and external factors such as the COVID-19 pandemic on TVSD funding. The report underscores the importance of innovative, multi-partnership financing models that include diverse stakeholders, accurate cost data, and mechanisms to ensure sustainable and effective skills development.

The study's objectives are to map out existing financing models, analyze their effectiveness, and recommend strategies for improving TVSD funding to enhance quality, access, and relevance of vocational training. The findings aim to inform policymakers, educational institutions, and private sector entities about best practices and innovative approaches to financing TVSD, ultimately contributing to economic growth and sustainable development in Africa.

This report is a critical resource for understanding the complexities and opportunities in financing TVSD, offering actionable insights to stakeholders across the education and training ecosystem.