The Foundation works with more than 100 partners in countries across Africa and in Canada. Together, we have improved the lives of more than 25 million people and their families.
Project: Access2Access
Amount: $15.6 million
Countries: Liberia, Rwanda, Zambia
Serve 600,000 new, active customers, 75 percent of whom are engaged in farming or agribusiness.
Improve household incomes and increase well-being and security through the use of agents, mobile agri-financial services, and tools.
Strengthen local bank management and technical capacity through talent development initiatives with 1,800 staff.
Related Initiatives:
Project: Expanding Agricultural Finance in Rwanda
Amount: $11.5 million
Countries: Rwanda
Increase access to and usage of financial services for 352,500 agricultural entrepreneurs.
Test innovative digital and agent banking channels that can facilitate low-cost distribution of financial services nationally.
Related Initiatives:
Project: Smart Campaign III
Amount: $4.4 million
Countries: Pan - African
Improve client protection in the microfinance industry, and help to de-emphasize certification and promote the local recognition of Client Protection Principles with a broader financial inclusion lens.
Project: VentureLabs: Knowledge and Advisory for Early Stage Innovators
Amount: $3.7 million
Countries: Pan - African
Identify and support the expansion of nine existing fintech companies in Africa and create at least two new companies to expand financial services to low-income clients in frontier markets like Nigeria and Ghana.
Provide companies with technical assistance and ongoing financial and management support.
Related Initiatives:
Project: Board Fellowship Program
Amount: $6.1 million
Countries: Pan - African
Deliver a fellowship program for Board members and CEOs of microfinance institutions in Africa to strengthen governance, client focus, risk management, and social performance oversight.
Project: Second Chance Education for Young Mothers
Amount: $1.0 million
Countries: Tanzania
Work with Tanzanian Folk Development Colleges to provide accredited secondary education for out-of-school young mothers to support their transition to higher education and life after school.
Related Initiatives:
Project: Youth Employment and Skills for Africa's Transformation
Amount: $5.2 million
Countries: Pan - African
African Center for Economic Transformation will conduct research and policy convening activities in support of transformational policy design for youth employment and skills development.
Related Initiatives:
Project: Mastercard Foundation Scholars Program
Amount: $25.0 million
Countries: Cameroon, Ghana, Pan - African, Senegal, South Africa, Tanzania
Enable 500 qualified, yet economically disadvantaged African students to complete a master’s-level education in mathematical sciences.
Support the AIMS Secretariat to increase the profile and prioritization of STEM education and research across the continent.
Expand the Foundation’s network of partners committed to achieving its vision of education as a catalyst for social and economic transformation.
Improve the quality of secondary-level teaching in science and mathematics.
Related Initiatives:
Project: Leaders in Teaching
Amount: $12.4 million
Countries: Rwanda
As a Leaders in Teaching partner under the TRAIN and LEAD pillars, the AIMS Teacher Training Program equips secondary school teachers with gender-responsive teaching tools for math and science, leads the establishment of smart classrooms, and supports the strengthening of school leadership. AIMS’ public engagement and outreach increases public support for science, technology, engineering, and mathematics (STEM) education, particularly for young women.
Related Initiatives:
Project: Anzisha Prize
Amount: $9.2 million
Countries: South Africa
Expand the Anzisha Program for youth entrepreneurship in Africa and provide ongoing training, support and mentorship to Anzisha Prize applicants and 125 Fellows.
Serve 300 young entrepreneurs through the Youth Entrepreneur Support Unit (YES-U) program and 150 educators through the Educator program.
Related Initiatives:
Project: Beyond Education / Africa Careers Network
Amount: $13.0 million
Countries: Pan - African
Support 85 academically talented, yet financially disadvantaged students in completing a university education, while fostering their leadership skills and their capacity to give back to their communities.
Create an internship and careers network that will support approximately 350 of the Mastercard Foundation Scholars.
Related Initiatives:
Project: Mastercard Foundation Scholars Program – Phase II
Amount: $26.7 million
Countries: Pan - African
Support 300 academically talented, yet financially disadvantaged students in completing a university education, while fostering their leadership skills and their capacity to give back to their communities.
Generate and build the capacity of recruitment partners in Africa to identify and place students in reputable universities.
Related Initiatives:
Project: Project: Transitions Support – Project Fundisha
Amount: $1.2 million
Countries: South Africa, Uganda
Extend the reach of the Africa Careers Network to African university partners and Scholars (500) and strengthen the capacity of secondary education partners.
Related Initiatives:
Project: Decennial Scholarships
Amount: $1.5 million
Countries: South Africa
Support 10 scholarships per year for five years to enable economically disadvantaged young people from across the African continent to attend ALA.
Project: African Careers Network 3.0
Amount: $5.9 million
Countries: Pan - African
Enable high-potential African youth, specifically Mastercard Foundation Scholars and ALA graduates, to access transformative early-career opportunities that can accelerate their leadership development and impact in Africa.
Related Initiatives:
Project: Hanga Ahazaza – Inspiring Managers/Grow Your Business
Amount: $4.5 million
Countries: Rwanda
African Management Initiative (AMI) will provide supervisors and aspiring supervisors in the tourism and hospitality sector with hands-on management and leadership skills training. AMI will also support entrepreneurs in this sector to drive growth in their businesses and create employment opportunities.
Visit African Management Initiative’s website>
Related Initiatives:
Project: Agricultural Finance for Smallholders and Related Businesses
Amount: $14.0 million
Countries: Ghana, Malawi, Mozambique, Senegal, Tanzania, Uganda, Zambia
Increase productivity and market access of 490,000 smallholder farmers so they can improve their livelihoods.
Related Initiatives:
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