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Mastercard Foundation launches Young Africa Works programme

Friday 24 July 2020 09:48 CET | News

The Mastercard Foundation has announced its Young Africa Works strategy in Uganda, aiming to enable 3 million young people in the country to access work opportunities by 2030. 

Under this programme, the Foundation has committed USD 200 million to ensure young people in Uganda have access to economic opportunities. Young Africa Works in Uganda focuses on three economic sectors, including agriculture, tourism and hospitality, and construction/housing. Some of the partners already working with the Mastercard Foundation include the Private Sector Foundation Uganda, The Innovation Village, Gudie Leisure Farm, GOAL Uganda, the National Social Security Fund, and Equity Bank Uganda.

The Mastercard Foundation has been working in Uganda since 2008 and, according to the official press release, it has invested a total of more than USD 282 million in expanding access to finance, education, and/or skills training to more than two million people, including farmers, students, teachers, and out-of-school youth across the country. 


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Keywords: Mastercard, Mastercard Foundation, Uganda, Young Africa Works, Private Sector Foundation Uganda, The Innovation Village, Gudie Leisure Farm, GOAL Uganda, the National Social Security Fund, Equity Bank Uganda, banks
Categories: Payments & Commerce | Payments General
Countries: Uganda
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Payments & Commerce