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Following the successful conclusion ofthe Mastercard Foundation Fund for Rural Prosperity and the impact and insights gained from it, the Mastercard Foundation Fund for Resilience and Prosperity has emerged to help SMEs in Africa.
Opportunity Details
The Mastercard Foundation Fund for Resilience and Prosperity is a seven-year, US$ 126 million Fund that aims to support Small and Medium-sized Enterprises (SMEs) across the agriculture, climate adaptation and digital economy sectors in 20 countries in Sub-Saharan Africa.
The main objective of the Fund is to unlock enterprise growth and catalyze, scale-up and sustain the creation of dignified and fulfilling work opportunities for young women and men, young people with disabilities and refugee youth.
The Fund concentrates on SMEs operating in three pivotal sectors:
Each sector hosts competitions where SMEs can vie for participation in the Fund.
This initiative provided US$ 126 million to support Small and Medium-sized Enterprises (SMEs) across the agriculture, climate adaptation and digital economy sectors in 20 countries in Sub-Saharan Africa.
The Fund targets SMEs across 20 countries in Sub-Saharan Africa, ensuring a diverse array of solutions capable of sustaining dignified work for youth, including those with disabilities and refugee backgrounds. These countries include Benin, Burundi, Botswana, Cameroon, Côte d’Ivoire, Democratic Republic of Congo, Ethiopia, Ghana, Kenya, Malawi, Mozambique, Nigeria, Rwanda, Senegal, Sierra Leone, South Africa, South Sudan, Tanzania, Uganda, and Zambia.
You can register and apply for the fund through the link to the application website
Apply for The Mastercard Foundation Fund