2012-02-01 Equity Group Foundation and The MasterCard Foundation Welcome Over 2,100 New Students to Kenya’s Largest Secondary Education and Leadership Scholarship Program
Innovative ‘Wings to Fly’ partnership will now benefit nearly 7,300 students
Nairobi, Kenya – The MasterCard Foundation and the Equity Group Foundation today awarded 2,144 new students secondary school scholarships through the Wings to Fly program.
2011-12-14 The MasterCard Foundation pledges US$14.6 million to create “Work4Youth” partnership with the ILO Youth Employment Programme
Geneva and Toronto – New partnership will increase the global awareness of the challenges facing youth as they move from education to the world of work.
2011-11-17 Education for Employment and The MasterCard Foundation Partner to Increase Youth Employment in Morocco
Casablanca and Toronto – Nation-wide program will link 15,500 unemployed, disadvantaged young people to education, employment and civic engagement opportunities.
2011-10-27 The MasterCard Foundation and the Legatum Center for Development and Entrepreneurship at the Massachusetts Institute of Technology Announce New initiative to Support Entrepreneurship in Africa and Developing Regions
Boston and Toronto – The MasterCard Foundation and the Legatum Center for Development and Entrepreneurship at the Massachusetts Institute of Technology (MIT) are pleased to announce a strategic 10-year, $21 million grant to support emerging entrepreneurs focused on Africa and developing regions.
2011-10-14 Opportunity International’s Women’s Opportunity Network Recognizes The Mastercard Foundation With Its Annual Leadership Award
President & CEO Reeta Roy accepts the award on behalf of the Foundation, and highlights
the power of women entrepreneurs during Opportunity’s annual conference,
“Innovating to End Poverty”
San Francisco – Opportunity International’s Women’s Opportunity Network (WON) today presented The MasterCard Foundation with the 2011 International Women’s Leadership Award at its annual conference, “Innovating to End Poverty,” being held Oct. 14-15, at the Hyatt Regency San Francisco Airport.
2011-09-19 The MasterCard Foundation and the UN Capital Development Fund (UNCDF) Launch Expansion of the Successful MicroLead Programme Promoting Financial Inclusion in Africa
New York, Toronto, Addis Ababa – UNCDF in partnership with The MasterCard Foundation today launched the expansion of the successful MicroLead programme at the 5th Annual African Microfinance Conference in Addis Ababa, Ethiopia.
2011-09-19 MIX Data and Map Provide a Comprehensive View of African Financial Inclusion for the Poor
Washington, D.C. – MIX (Microfinance Information Exchange), today launched the Africa Map of Financial Inclusion for the Poor (africa.mixmarket.org) to help practitioners and policymakers better understand access to finance in Africa.
2011-09-16 Donald H. Morrison Joins the Board of The MasterCard Foundation
Toronto, ON – The MasterCard Foundation announced today the appointment of Donald H. Morrison, Former Chief Operating Officer of Research in Motion (RIM), to its Board of Directors.
2011-09-08 Swisscontact and The MasterCard Foundation Launch Partnership to Provide Market-Relevant Skills to Rural Youth in Tanzania and Uganda
New York, NY – $5.6 million partnership will train and link rural, disadvantaged youth to finance and economic opportunities
2011-08-25 The MasterCard Foundation enables students to explore micro-entrepreneurship and financial inclusion at Toronto conference
Toronto, ON – Toronto International Microfinance Summit announced today The MasterCard Foundation is providing 100 college and university students with financial assistance to attend its conference at Toronto’s Allstream Centre September 17, 2011.
2011-08-18 Eight Innovative Young African Entrepreneurs Selected As Finalists For The Inaugural Anzisha Prize
Johannesburg, South Africa – African Leadership Academy and The MasterCard Foundation are proud to announce the finalists for the inaugural Anzisha Prize, the premier award for Africa’s young entrepreneurial leaders.
2011-07-26 UNCDF – The MasterCard Foundation Announce Recipients of $6.9 million YouthStart Investment in Innovation and Delivery of Financial Services
Partners Release Paper on Market Research for Young People in Sub-Saharan Africa
New York, N.Y. – The MasterCard Foundation and the UN Capital Development Fund (UNCDF) today announced the ten institutions that have been selected and awarded a total of $6.9 million to develop new financial services products and delivery channels for youth.
2011-06-14 James Leech Joins the Board of The MasterCard Foundation
Toronto, Ontario – The MasterCard Foundation announced today the appointment of Mr. James (Jim) Leech, President and CEO of the Ontario Teachers’ Pension Plan (Teachers’), to its Board of Directors.
2011-04-28 Equity Group Foundation and The MasterCard Foundation Launch Financial Education Program in Kenya
Training will benefit 620,000 women and young people
Nairobi, Kenya - The MasterCard Foundation and Equity Group Foundation today joined with Honorable Uhuru Kenyatta, Deputy Prime Minister and Minister of Finance, and Professor Njuguna Ndung’u, Governor of the Central Bank of Kenya, for the official launch of a national program to promote financial inclusion and entrepreneurship in Kenya.
2011-04-06 Camfed and The MasterCard Foundation Launch Groundbreaking Partnership in Ghana to Enable Young Women to Own their Futures
National program will benefit 200,000 young people through education and entrepreneurship.
Accra, Ghana – Camfed and The MasterCard Foundation today launched a program in Ghana that will provide secondary education, financial literacy and entrepreneurship opportunities to 200,000 young people from disadvantaged backgrounds.
2011-03-30 BRAC and The MasterCard Foundation Announce the Expansion of $45 Million Partnership to Scale Innovative Microfinance Model in Uganda
Partnership to benefit more than four million Ugandans
Oxford, United Kingdom – BRAC and The MasterCard Foundation today announced the expansion of a $45 million partnership to scale BRAC’s innovative microfinance multiplied model in Uganda. The announcement, which was made at the opening plenary of the 2011 Skoll World Forum on Social Entrepreneurship, will enable BRAC to expand its network to 129 branches, benefiting more than four million Ugandans.
2011-03-28 African Leadership Academy and The Mastercard Foundation Announce the Launch of The Anzisha Prize to Celebrate Innovative Young African Entrepreneurs
$70,000 USD Prize seeks to encourage innovation and entrepreneurship among African youth
Johannesburg, South Africa, March 28, 2011 – African Leadership Academy and The MasterCard Foundation are proud to announce the launch of the Anzisha Prize (www.anzishaprize.org), the premier award for Africa’s young entrepreneurial leaders.
2011-01-24 Equity Group Foundation and The MasterCard Foundation Launch The Largest Secondary Education Scholarship Program in Kenya
Groundbreaking $50 million Wings to Fly partnership will enable 5,600 young Kenyans to complete secondary school
Nairobi, Kenya, January 24, 2011 – The MasterCard Foundation and Equity Group Foundation today announced a $50 million partnership that will provide secondary education scholarships and leadership development to 5,600 students in Kenya. The scholarships will cover tuition, books, uniforms and stipends for students who are academically gifted yet economically disadvantaged, enabling them to complete their secondary education. The program is also supported by UKaid. Wings to Fly was launched by Kenyan President Mwai Kibaki. The President was joined by Reeta Roy, President and CEO of The MasterCard Foundation and Dr. James Mwangi, CEO of Equity Bank and Chairman of Equity Group Foundation.
2010-12-16 MIX and The MasterCard Foundation Partner to Expand Data Coverage Among Microfinance Institutions in Africa
Washington, D.C., December 16, 2010 – Recognizing the powerful and important impact that a strong microfinance sector can have in Africa, the Microfinance Information Exchange (MIX) and The MasterCard Foundation today launched a partnership to improve visibility and access to information among microfinance institutions (MFIs) in Africa. This partnership is part of a $2 million, three-year program between MIX and The MasterCard Foundation to enhance core functions of the MIX Market web platform, and enable reporting of accurate, high-quality financial and social performance data on the microfinance industry around the world.
2010-12-14 The MasterCard Foundation Names President Festus G. Mogae of Botswana to its Board of Directors
President Mogae's career is distinguished by achievements that advanced economic and social progress in Sub-Saharan Africa
Toronto, ON, December 14, 2010 – The MasterCard Foundation announced today the appointment of President Festus G. Mogae of Botswana to its Board of Directors. President Mogae’s career is distinguished by achievements that advanced economic and social progress in Sub-Saharan Africa, where the Foundation focuses many of its efforts. His experience implementing health and education reforms, growing his country’s economy and later serving as an international thought leader on health and climate change issues, make him a dynamic addition to the Board.
2010-12-13 The MasterCard Foundation and UN Capital Development Fund Increase Access to Financial Services for Young People in Sub-Saharan Africa
New York, NY – December 13, 2010 – The MasterCard Foundation and the UN Capital Development Fund (UNCDF) today announced YouthStart, an initiative to increase access to financial services for 200,000 low-income youth in Sub-Saharan Africa. YouthStart was catalyzed by a four year, $12 million contribution from The MasterCard Foundation.
2010-11-30 Haiti’s Youth Build the Skills to Build Back Better: Clinton Bush Haiti Fund and The Mastercard Foundation Team Up to Provide $5.68 Million in Vocational & Leadership Training for Haitian Youth
Washington, D.C. – The Clinton Bush Haiti Fund together with The MasterCard Foundation and YouthBuild International, today announced a $5.68 million partnership to support youth employment and long-term reconstruction in Haiti. The project supports the creation of education and skills development centers throughout Haiti where more than 5,300 Haitian youth will receive vocational training in construction and learn leadership skills for the future.
2010-11-23 YouthSave Project Launches New Website
Washington, D.C. – One-third of the global population is under the age of 19, but less than ten percent have access to financial services. Recognizing the important social, economic and behavioural impacts that access to tailored savings and asset-building tools have on youth's opportunities to prosper, YouthSave - a consortium of youth and microfinance focussed NGOs - today launched www.youthsave.org. YouthSave.org is an online resource dedicated to the experiences and research of the YouthSave Project, as well as broader information on youth savings accounts around the globe.
2010-11-03 Water.org and The MasterCard Foundation Accelerate Microfinance for Clean Water in Africa
$3.6 million innovative partnership will benefit communities in Kenya and Uganda
Kansas City, MO – Water.org and The MasterCard Foundation have launched a $3.6 million partnership to bring clean drinking water and sanitation services to people in Sub-Saharan Africa over the next four years. This partnership will enable one of the largest WaterCredit initiatives to-date and is anticipated to mobilize over $15 million of additional commercial and social capital into the water and sanitation sector in these countries. Water.org’s WaterCredit program, which facilitates microfinance for water and sanitation, continues to gain momentum in Africa and southern Asia for bringing services to those living in poverty.
2010-09-28 The MasterCard Foundation Partners with Digital Opportunity Trust to Expand its ReachUp! Entrepreneurship Program
Efforts to benefit up to 100,000 youth in Kenya and Rwanda
Ottawa, ON, - Digital Opportunity Trust (DOT), an Ottawa-based development agency, is pleased to announce its partnership with The MasterCard Foundation to significantly expand the ReachUp! program in Kenya and Rwanda to train 100,000 young African women and men. ReachUp! creates in-country youth leaders who train their peers in entrepreneurship and the benefits of computer, internet and digital communications technology to enhance economic development.
2010-09-22 Public‐Private Partnership Economically Empowers Women and Youth in Kenya Commitment at Clinton Global Initiative to benefit over 600,000 unbanked, low‐income people
New York, NY, – The MasterCard Foundation, Equity Group Foundation, Equity Bank and the Government of Kenya today committed – at the Clinton Global Initiative’s Annual Meeting – to advance the educational, financial and entrepreneurial capacity of more than 600,000 Kenyan women and youth. The goal of the commitment, catalyzed by a $15.5 million contribution from The MasterCard Foundation, is to increase the employability and productivity of Kenya’s low‐income and unbanked population. The partnership will also provide comprehensive scholarships and leadership training to top‐performing students who are economically vulnerable to enable their completion of secondary school.
2010-09-21 Innovative Partnership Creates Education and Entrepreneurship Opportunities for Women & Girls in Ghana and Malawi 2010 Clinton Global Initiative Commitment will benefit more than one million people
New York, NY, – The MasterCard Foundation and Camfed today announced their 2010 Clinton Global Initiative joint commitment to reach 270,000 young people in rural Ghana and Malawi with secondary education, financial literacy and business skills, and information and communications technology (ICT) training. More than one million people in rural Africa are expected to benefit from the commitment, which is backed by a $10.1 million contribution from The MasterCard Foundation.
2010-09-21 The MasterCard Foundation enables students to participate at international microfinance forum
Toronto, ON, – The Toronto Microfinance Committee announced today, The MasterCard Foundation will provide over 140 students with financial assistance to attend the micro way conference on Saturday, October 2 to explore microfinance with international development and microfinance professionals.
2010-06-22 The MasterCard Foundation Names Hutham Olayan to its Board of Directors President and CEO of Olayan America brings financial knowledge and global perspective
Toronto, ON, - The MasterCard Foundation announced today the appointment of Hutham S. Olayan to its board of directors. Ms. Olayan brings considerable expertise in global finance and development as well as deep knowledge of the Middle East.
2010-06-07 MFTransparency Partners with The MasterCard Foundation to Promote a Fair and Transparent Microfinance Industry in Eight African Countries
MFTransparency today announced a partnership with The MasterCard Foundation to promote fair and transparent pricing in the microfinance industry in eight countries in Sub-Saharan Africa. The effort, known as the enabling APR & EIR Program, will launch in June.
2010-05-06 Consortium to Conduct Landmark Study on Youth Savings as a Development Tool $12.5 million from The MasterCard Foundation will advance knowledge and benefit 170,000 youth in developing countries
The MasterCard Foundation today announced a partnership with a consortium of four organizations to conduct a landmark, global research initiative that will test how to sustainably deliver savings services to low-income youth in the developing world.
2010-04-20 Partnership Stimulates Haiti’s Long‐Term Economic Recovery $4.5 million grant from The MasterCard Foundation will rebuild the country’s largest microfinance institution and enable its clients to participate in the local economy
Fonkoze today announced a partnership with The MasterCard Foundation and Mennonite Economic Development Associates (MEDA) to spur economic recovery in Haiti.
2010-03-25 Grameen Foundation Expanding Technology for Microfinance Initiative Working with support from The MasterCard and Cisco Foundations Will Focus on Institutions Serving Up to One Million Clients
Washington, DC - Grameen Foundation today announced it is expanding its technology for microfinance initiative to provide enhanced support to high-growth, mid-size microfinance institutions (MFIs) serving up to one million clients.
2010-03-22 Plan Canada and The MasterCard Foundation expand youth microfinance project in West Africa $4.1 million program to support savings and loans associations for young people in Niger, Sierra Leone and Senegal
Toronto, ON - A new partnership between Plan Canada and The MasterCard Foundation will economically empower 70,000 young people in West Africa by giving them access to savings and loans services as well as financial literacy and life skills training.
2010-02-23 Gates and MasterCard Foundations Partner with Opportunity International to Provide Financial Access to 1.4 Million of the Rural Poor in Africa $16 million program focuses on smallholder farmers
Oak Brook, IL - Opportunity International has announced a $16 million program co-funded by the Bill & Melinda Gates Foundation and The MasterCard Foundation to provide access to savings accounts and agricultural loans in rural areas of sub-Saharan Africa, where less than 10 percent of people have access to comprehensive financial services.
2010-02-08 MasterCard Foundation and Equity Group Foundation Launch Comprehensive Scholarship Program for Financially Disadvantaged Kenyan Students $4.6 million partnership will benefit 676 secondary school students
Nairobi, Kenya - The MasterCard Foundation and the Equity Group Foundation (EGF) today launched a program that will provide $4.6 million in comprehensive educational support to 676 secondary students in Kenya over the next five years |
