THE Mastercard Foundation has announced a major $300 million partnership with the United Nations Refugee Agency (UNHCR) aimed at expanding education and employment opportunities for over half a million refugees and displaced youth across Africa by 2030. Unveiled at the 2025 Africa Forum on Displacement in Nairobi, the five-year initiative is one of the largest private philanthropic commitments of … Read more
GLOBAL payment giant Mastercard has announced the launch of a new office in Accra, Ghana, reinforcing its commitment to expanding digital payments and fostering financial inclusion across West Africa. This strategic move positions Ghana as a key hub for Mastercard’s regional operations, aiming to accelerate the adoption of innovative payment solutions tailored to African consumers … Read more
SMALL businesses in Côte d’Ivoire and Uganda are gaining vital digital skills through the MoMo Coach chatbot, a collaborative initiative by the Mastercard Center for Inclusive Growth, MTN Group Fintech, and Arifu. This programme aims to digitise operations, improve financial literacy, and connect businesses to digital marketplaces, benefitting nearly one million small business owners. As part … Read more
ORANGE Middle East and Africa (OMEA) and Mastercard have launched a major partnership to expand mobile financial services across sub-Saharan Africa. Set to benefit millions of Orange Money users, this collaboration aims to give digital payment access through Mastercard’s global merchant network by 2025, rolling out first in Cameroon, Central African Republic, Guinea-Bissau, Liberia, Mali, … Read more
THE Mastercard Foundation is set to host two significant events during the 79th Session of the United Nations General Assembly (UNGA 79) on September 22, 2024. These events will spotlight critical issues surrounding girls’ education and women’s economic empowerment in Africa, taking place at the Millennium Hilton New York, One UN Plaza Hotel. Under the themes Powering Parity—Inclusive Education … Read more
Mastercard held its first-ever Tanzania Industry Forum in Dar es Salaam, bringing together key stakeholders and leaders in the fintech industry earlier this week to discuss and shape the future of the country’s financial and technological landscape. The event underscored Mastercard’s commitment to fostering economic growth in Tanzania through innovative digital payment solutions and … Read more