MASTERCARD FOUNDATION change in Africa and beyond , Social Venture Challenge ( SVC ) – since 2016 – has awarded more than US $ 581,200 to 267 Mastercard Foundation Scholars . With the support of The Resolution Project , Fellows have gone on to positively impact more than 904,792 people across Africa to date .
The Social Venture Challenge 2023 Now in its eighth year , SVC has selected 37 young African social entrepreneurs as winners of the challenge that provides seed funding , mentorship and access to a network of global changemakers .
Duaa Mohamed , Lead of Transformative Leadership Programmes at the Mastercard Foundation , says : “ Congratulations to the 2023 Resolution Project Social Venture Challenge winners ! Over the past eight years , in partnership with the Resolution Project , the Social Venture Challenge has showcased the immense potential of Mastercard Foundation Scholars dedicated to community impact .
“ It ’ s not just about recognising their achievements , but also acknowledging the profound influence these projects will have on their communities .”
Green technology and youth employment Examining the gaps and opportunities of green technology programmes to engage and benefit Africa ’ s youth , the Mastercard Foundation ’ s report – ‘ Green technology and youth employment potential in Africa : A continental scoping report ’ – shines a light on how African governments can seize these opportunities to spur green technology growth and youth employment .
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