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Mastercard Foundation

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Mastercard Foundation Africa Growth Fund Breaking Barriers – Expands Its Portfolio With Three New Deals Empowering African Entrepreneurs

The Mastercard Foundation Africa Growth Fund (the Fund) is pleased to announce that three Investment Vehicles (IVs) received investment approvals: Chui Ventures, VestedWorld, and SME Impact Fund. These strategic investments mark a milestone for the Fund as it expands its total to five funds, solidifying its commitment to fostering impactful investments for sustainable economic growth across Africa. “We are […]

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Africa CDC And Mastercard Foundation Launch Phase 2 Of The Saving Lives And Livelihoods (SLL) Initiative To Strengthen Africa’s Public Health Systems

The Africa CDC and the Mastercard Foundation have entered a new phase of their partnership on the Saving Lives and Livelihoods initiative in the aftermath of WHO’s declaration of the end of COVID-19 pandemic as a public health emergency of international concern. The Saving Lives and Livelihoods initiative, a bold and unprecedented $1.5 billion partnership, […]

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Institut Pasteur de Dakar And Mastercard Foundation Announce Unprecedented Partnership To Expand Workforce For Vaccine Manufacturing In Africa

The Institut Pasteur de Dakar (IPD) and the Mastercard Foundation have announced a historic $45 million partnership named MADIBA (Manufacturing in Africa for Disease Immunization and Building Autonomy), a significant step towards achieving vaccine manufacturing autonomy in Africa. The multi-year project, aimed at developing and building a world-class workforce to support vaccine manufacturing, will establish a Centre of Training Excellence […]

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Mastercard Foundation Appoints Robin Washington To Board Of Directors

The Mastercard Foundation announced changes to its Board of Directors. Robin L. Washington was appointed to the Board and long-time Board member President Festus G. Mogae will be retiring. “I’m thrilled to welcome Robin Washington to the Board,” says Zein M. Abdalla, Mastercard Foundation Board Chair. “As you can see from Robin’s biography, she brings […]

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New Report Suggests The Creation Of 1M Job Opportunities By 2030 On The Horizon For Unemployed African Youth

Anzisha Prize, MasterCard Foundation, and African Leadership Academy have released a Report highlighting key lessons learned to navigate a future where youth are job creators Young people’s inexperience is perhaps their greatest asset for being successful entrepreneurs who create jobs for their peers. This is according to a new impact report from the Anzisha Prize, […]

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Nourishing Africa Partners With The Mastercard Foundation & U.S. African Development Foundation To Train Agripreneurs In Nigeria

The Entrepreneur Support Program (ESP) is designed to support grassroots MSMEs across the Nigerian agriculture and food landscapes to rebuild and strengthen their businesses. Leveraging ICT, data and innovation, Nourishing Africa has developed a four-step program to directly back these MSMEs with training, financing, and support to ensure the scaling of resilient businesses that can […]

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2021 Anzisha Prize Applications Open As Need For Job Creation Soars During Pandemic

Mastercard Foundation and African Leadership Academy call on young African entrepreneurs to join the Anzisha Prize Fellowship program The Anzisha Prize launched the 2021 call for Africa’s biggest award for young entrepreneurs between, 15 and 22. Applications have now opened for the latest cohort, with successful entrepreneurs standing a chance to win a shared prize […]

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UNICEF Senegal And Mastercard Foundation To Partner On The Pandemic Response

An innovative partnership to build back better for children and young people in Senegal UNICEF and the Mastercard Foundation have joined forces to support the Senegalese Government’s response to the COVID-19 pandemic and efforts to build back better for children and young people in Senegal. The USD$5 million partnership program will contribute to: 1. An […]

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Mastercard Foundation

Mastercard Foundation Launches 10-year Plan To Enable 3 Million Young People In Uganda To Access Dignified Work

The Mastercard Foundation today announced its Young Africa Works strategy in Uganda, which has set a goal to enable more than 3 million young people in the country to access dignified and fulfilling work opportunities by 2030. Under Young Africa Works, the Foundation has committed $200 million to ensure young women, men, and refugees in […]

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Mastercard Foundation And USIU-Africa

Mastercard Foundation And USIU-Africa Partner To Expand Access To Higher Education In Africa

USIU-Africa and the Mastercard Foundation today announced a partnership that will enable 1,000 high-performing students to receive quality education and leadership development over the next 10 years under the Mastercard Foundation Scholars Program. The partnership provides scholarships for high potential students facing financial, gender, displacement, or disability constraints. At least 70 percent of the young […]

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