The Mastercard Foundation is expanding its long-standing partnerships with the Campaign for Female Education (CAMFED) and the Forum for African Women Educationalists (FAWE) to support over 70,400 young women and girls facing the most significant financial and social barriers to education and building a livelihood.
These initiatives are expected to benefit 3.3 million young women and men.
With an additional $360 million investment over the next seven years, the Mastercard Foundation will support young women in their pathways through education, entrepreneurship, or entering the world of work.
The investment to CAMFED over the next six years will support the transition of 62,000 girls in Tanzania, Zambia, Zimbabwe, Ghana, and Malawi into secondary and tertiary education, employment, and entrepreneurship while partnering to improve education systems for millions of young people.
The extended seven-year FAWE and Mastercard Foundation partnership will bolster access to tertiary education, post-secondary technical vocational and educational training (TVET), and job opportunities for over 10,500 young people, primarily in Uganda, Rwanda, Zambia, Ethiopia, Malawi, Ghana, Liberia, Tanzania, Zimbabwe, and Senegal.
The program includes bursaries for participants starting or innovating within existing businesses. The expanded partnership will increase the number of post-secondary school programs supported by FAWE to over 500 accredited tertiary institutions in Africa, benefiting an estimated 1.2 million young women.
These partnerships with CAMFED and FAWE will significantly accelerate the Mastercard Foundation’s Young Africa Works strategy, which aims to enable 30 million young Africans, especially girls, to access dignified and fulfilling work by 2030.
