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Ethiopia

Young Africa Works

Young Africa Works in Ethiopia focuses on sectors that offer a strong potential for the creation of work for youth.

Our Goal: Enable 10 million young people to access dignified and fulfilling work by 2030.

Context: The need to create employment in Ethiopia is high, and the potential to have an impact is significant. The recent commitment by the government to improve the policy and regulatory environment to encourage the development of the private sector and attract foreign investment will be a leading factor in driving transformative change.

Our Approach: Designed in partnership with the government, the private sector, academic institutions, and young people, the Foundation will work with the newly created Jobs Creation Commission to spur economic growth. It builds upon the momentum of the governments recent efforts while also finding creative ways to strengthen relevant government institutions.  The Foundation has made an initial USD 300 million five-year commitment to implement this strategy in Ethiopia.

Priority Sectors: Agriculture, manufacturing, tourism and digital technology

 

 

Our Work in Ethiopia

News and Announcements

Stakeholders Come Together to Participate in Second Knowledge Series on Data-Driven Digital Lending for Ethiopia’s MSMEs

The Mastercard Foundation participated in a second knowledge series entitled “Data-Driven MSME Digital Lending for an Inclusive Economy” with The National Bank of Ethiopia, the International Financial Corporation (IFC), Financial Sector Deepening-Ethiopia (FSD-Ethiopia), Kifiya Financial Technology.

Read About the Event

Advocating for an Inclusive World

I’m Shegaw Birhanu, alumnus of the Scholars Program at the University of Gondar (UoG). I’m currently working as a public prosecutor at Dabat town court, 60 kilometers from Gondar city. As the adage “the wish is father to the thought” goes, being a lawyer has been my dream since I was a child.

Read more.

Mastercard Foundation Joins Forces with the UN’s FAO to Tackle Desert Locust Infestation

Desert Locust response to mitigate impact in the Greater Horn of Africa

Read more.

10 Million Young People to Access Dignified and Fulfilling Work Opportunities in Ethiopia

Mastercard Foundation announces Young Africa Works in Ethiopia,  an initiative that seeks to create employment opportunities for the youth in partnership with Ethiopia’s Jobs Creation Commission (JCC).

Press Release

Young Women Trailblazing in Ethiopia’s Honey Economy

Learn more about our partnerships in Ethiopia.