2019 Annual Report to MCWW (June 22-2020)

  • Governance
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Title
2019 Annual Report to MCWW (June 22-2020)
Author
Mastercard Foundation
Year
2020
Publication/Event Date
June 22 2020
Abstract
This 2019 Annual Report to Mastercard Worldwide details significant progress on the Foundation's Young Africa Works strategy, aiming to enable 30 million young Africans to secure dignified work by 2030. The strategy expanded to four new countries, with funding envelopes totaling $1.6 billion approved for specific implementations. A major transformation of the operating model began, shifting presence and staffing towards Africa and establishing regional hubs. By year-end, the Foundation had committed $3 billion in programming. The Scholars Program and the EleV Indigenous Education Program in Canada received significant funding expansions. Learnings from areas like agriculture, digital finance, and youth associations informed ongoing work.
Resource Subject
  • Governance
  • Strategy
Event Name
Annual Report to Mastercard Worldwide
Keywords/Access Points
Young Africa Works (YAW); Youth; Africa; Employment; Scholars Program; Learning
Language
  • English
Special Collections
  • Annual Reports to Mastercard Worldwide
Archival Record ID
MFA.2024.0466