Private Sector Approach to Economic Development for Refugees, Displaced Populations & Host Communities | Mastercard Foundation

Private Sector Approach to Economic Development for Refugees, Displaced Populations & Host Communities

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Status

active

Period

November 2022 - November 2027

Countries

Togo Niger WAEMU Morocco Senegal Ghana Uganda Somalia Sierra Leone South Sudan Zimbabwe Burkina Faso Egypt Benin Democratic Republic of Congo Chad Cameroon Kenya Mali Eritrea South Africa Ethiopia Gambia Tanzania Malawi Djibouti Mozambique Guinea-Bissau Rwanda Nigeria Eswatini Côte d’Ivoire Zambia

Focus Areas

Refugees and Displaced Persons

This program will create opportunities for individuals to generate wealth, absorb financial shocks, and live self-reliantly through:

  • Provide 64,000 MSME or start-ups training and individual consulting for business growth.
  • Provide in-house investment fund to 38,000 to existing and start-up businesses.
  • Create a refugee entrepreneur fellowship to reach 120 individuals and Refugee Led Organizations (RLOs) through training and tailored business expansion support
  • Leveraging a pan-African network of organizations and anchor firms to increase private sector engagement through core business activities and access to financing.
  • Facilitate market integration of RDP communities into trade routes, development plans, and supply chains.