Programs & Initiatives

We are currently working in 29 countries across Africa with more than 100 partners. Through scholarships and innovative training delivery models, we are increasing access to education and skills training. By working with employers and governments, we’re ensuring the quality and relevance of education and training programs so that students are equipped with skills that meet the market’s needs. Collaborating with financial service providers, we are developing and testing new business models and products to meet the needs of the financially excluded and complement the informal practices widely used. We also work with entrepreneurs, universities, companies, and funders to translate innovative ideas into large-scale solutions.

Country Programs and Initiatives

As part of the Young Africa Works strategy, we are shifting our approach to deepen our engagement in a smaller number of countries to gain an understanding of their economic priorities and opportunities. Working with governments and the private sector, we take a holistic view of countries to identify growth sectors and develop a long-term plan to drive systems-level change. We launched our new country approach in Rwanda and we will roll out plans in a number of other countries towards the end of 2018 through to 2020.

Initiatives

EleV

EleV supports Indigenous students pursuing ongoing learning through postsecondary education.

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Expanding Access to Financial Services

The Mastercard Foundation believes that fostering effective and inclusive financial markets will enable more poor people to access financial services and improve their lives.

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Hanga Ahazaza

Hanga Ahazaza is a $50 million, five-year initiative focused on increasing employment opportunities for young people while expanding the tourism and hospitality sector in Rwanda.

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Innovations in Secondary Education

Innovations in Secondary Education (ISE) advances new approaches to achieve equitable and high-quality secondary education, with a focus on marginalized and disadvantaged youth.

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Leaders in Teaching

Leaders in Teaching responds to the opportunities that a quality secondary education represents for the African continent. It supports teachers throughout their careers and prepares them to deliver high-quality, relevant education.

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Mastercard Foundation Scholars Program

The Mastercard Foundation Scholars Program is developing Africa’s next generation of leaders. The program allows students whose talent and promise exceed their financial resources to complete their education.

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Next-Generation Financial Services

The Foundation aims to expand digital financial services and complement informal financial practices, leveraging social networks and engaging clients in real time, while using data to tailor products and to extend the access to and use of financial services.

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Rural and Agricultural Finance

The Mastercard Foundation believes that fostering effective and inclusive financial markets will enable smallholder farmers and other rural residents to access financial services and improve their lives.

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Youth Employability and Entrepreneurship

Youth Employability and Entrepreneurship aims to equip young women and men with the skills and knowledge they need to access jobs or grow businesses, access financial services, and expand the economic opportunities that are available to them.

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