“ We expect to work in a diverse group of countries with high levels of young people living in poverty who are vulnerably employed . These countries will have an enabling environment for growth , job creation , education and skills development , and an ability to influence within regions . We will also prioritise working with African organisations ,” explains the Mastercard Foundation .
To date , the foundation has improved the lives of more than 50 million people , unifying its work around the single most complex challenge young people face in Africa – unemployment .
Enabling young women to ‘ own their futures ’ Providing secondary education , financial literacy and entrepreneurship opportunities , the foundation helps more than one million young women from disadvantaged backgrounds and rural communities gain access to vital skills .
“ This magnificent investment [ US $ 10mn ] by the Mastercard Foundation will enable Camfed to expand opportunities for girls and young women ,” says Ann Cotton , Camfed ’ s Executive Director . “ Together , we will help a new generation of young women to access vital skills in financial literacy and
168 December 2023