Kampala, Uganda | THE INDEPENDENT | In a collaborative effort to address the critical issue of youth unemployment in Africa, the World Data Lab (WDL) and the Mastercard Foundation announced the launch of the Africa Youth Employment Clock in Uganda. This initiative signifies a significant step towards a more inclusive …
Read More »Africa Youth Employment Clock launched in Uganda
Kampala, Uganda | THE INDEPENDENT | The World Data Lab, in partnership with the Mastercard Foundation, has today (Nov.7) launched the Africa Youth Employment Clock, an innovative tool designed to track youth job growth and project employment trends through 2030. This initiative aligns with the Mastercard Foundation’s goal of enabling 30 …
Read More »Seven small businesses receive $20,000 seed funding
The Hi-Innovator initiative seeks to elevate enterprises that typically struggle to attract traditional investment, with a particular focus on women and youth-owned businesses Kampala, Uganda | THE INDEPENDENT | Seven small businesses have secured seed funding of approximately $20,000 each through the Hi-Innovator program, a joint initiative by the National Social …
Read More »Women body partners with Mastercard Foundation
Kampala, Uganda | THE INDEPENDENT | The Forum for African Women Educationalists (FAWE) announced a new seven-year extension of its partnership with the Mastercard Foundation to build on the success of its decade-long mission to elevate young women and men in Africa. Unveiled at Kampala on April 12 by John Chrysestom …
Read More »NSSF earmarks Shs7 billion for small, starting enterprises
Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) has unveiled a program under which it will acquire a shareholding in small and starting enterprises, as a way of enabling them to acquire “patient capital”. In partnership with Mastercard Foundation, the Fund has earmarked more than Shillings 7.6 …
Read More »NSSF, Mastercard award Shs5.9 billion seed funding to Ugandan Businesses
Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) in partnership with Mastercard Foundation has awarded UGX5.9 billion as seed funding to an additional 78 Ugandan small and growing businesses through their Hi-innovator Program. This brings the total of businesses funded to 110 since the Hi-Innovator Programme …
Read More »Mastercard Foundation eyes big results from new country head for Uganda
Kampala, Uganda | THE INDEPENDENT | The Mastercard Foundation announced the appointment of Adrian R. Mulindwa Bukenya, as the new Country Head for Uganda recently. Bukenya, who is a seasoned executive with over 20 years of global professional experience in the energy, infrastructure, and financial services sectors is expected to push the entity’s …
Read More »COVID-19: Vaccinating Africa
Mastercard Foundation’s $1.3bn plan The Mastercard Foundation announced in June that it would deploy $1.3 billion for a three-year partnership with the Africa Centres for Disease Control and Prevention (Africa CDC) “to save the lives and livelihoods of millions of people in Africa and hasten the economic recovery of the …
Read More »MIT unveils African entrepreneur Fellowship
Fellowship applications open on May 3, 2021 for entrepreneurs working and living in Uganda, Ethiopia, Ghana, Nigeria, Kenya, Rwanda and Senegal | THE INDEPENDENT | Legatum Center for Development & Entrepreneurship at the Massachusetts Institute of Technology (MIT) has unveiled the Foundry Fellowship, a first-of-its-kind leadership program for accomplished …
Read More »Mastercard contributes UGX 3.6Bn towards restoration of Ivory tower
Kampala, Uganda | THE INDEPENDENT | Mastercard Foundation has contributed 3.7 billion Shillings towards the restoration of the iconic Makerere University main building that was gutted by fire last weekend. The contribution has been announced by Dr Reeta Roy, the President and Chief Executive Officer of the foundation as he …
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