Did anyone know that Mastercard has a foundation? We all know what foundations are used for and it's not good. Oh they might promote "goodness" but it's all about Return on Investment and power. Ever notice how many groups have said they are trying to help people in Africa? Remember "Feed the World"? Obviously this is not what they are doing because it would have been done already. So what are they really up to?
2006: On the day of its initial public offering, Mastercard shareholders make an unprecedented gift of shares to create an independent foundation
2008: The Foundation launches partnership with BRAC to expand financial services to two million people across Uganda
2009: Decision to focus on Africa
2011: $500 million Mastercard Foundation Scholars Program established to educate next-generation ethical leaders
2013: The inaugural Mastercard Foundation Symposium on Financial Inclusion elevates the focus on clients within the industry
2013: Intake of 2,907 Wings to Fly Scholars ranked in the top five percent of national primary school exam scores welcomed
2014: Partnership launched with the White House on the Young African Leaders Initiative to promote entrepreneurship across Africa
2015: Inaugural Young Africa Works Summit sets the bar with youth-led solutions to employment in the agricultural sector
2015: The Mastercard Foundation Fund for Rural Prosperity spurs innovative financing to smallholder farmers
2016: The Foundation celebrates its first ten years and prepares for the next decade of impact in Africa
2017: Decision to focus on youth unemployment in Africa and shift to a country-based approach to programming
2017: EleV, a learning partnership focused on removing barriers to post-secondary education for Indigenous youth in Canada, launched with Vancouver Island University and Yukon College.
2018: Young Africa Works strategy launched in Kigali, Rwanda, with the announcement of an ambitious goal: enable 30 million young people, particularly young women, to secure dignified and meaningful work
2019: Young Africa Works programming launched in Kenya, Ghana, Senegal, and Ethiopia.
2020: Young Africa Works programing launched in Nigeria and Uganda.
2020: Launched the COVID-19 Recovery and Resilience Program to assist institutions and communities in Africa and within Indigenous communities in Canada to withstand and respond to the short-term impacts of this pandemic, while strengthening their resilience in the long-run.
(post is archived)