New York, United States, September 16, 2024 -/African Media Agency(AMA)/- The Mastercard Foundation is expanding its long-standing partnerships with the Campaign for Women’s Education (CAMFED) and the Forum for African Women Educationalists (FAWE) to support more than 70,400 young women and girls facing the greatest financial and social barriers to education and income generation. These initiatives are expected to benefit 3.3 million young women and men.
The Mastercard Foundation will support young women in their education, their entrepreneurship initiatives or their integration into the world of work thanks to an additional investment of $360 million over the next seven years.
Investment in CAMFED over the next six years will support the transition of 62,000 girls in Tanzania, Zambia, Zimbabwe, Ghana and Malawi into secondary and tertiary education, employment and entrepreneurship, while contributing to improving education systems for millions of young people.
The extended seven-year partnership between FAWE and the Mastercard Foundation will increase access to higher education, technical, vocational and higher education training (TVET) and employment opportunities for over 10,500 young people, primarily in Uganda, Rwanda, Zambia, Ethiopia, Malawi, Ghana, Liberia, Tanzania, Zimbabwe and Senegal. The programme includes scholarships for participants who start new businesses or innovate within existing businesses. The expanded partnership will increase the number of FAWE-supported higher education programmes to over 500 accredited higher education institutions across Africa, benefiting an estimated 1.2 million young women.
“We are extremely proud to deepen our collaboration with CAMFED and FAWE, building on years of shared commitment to helping girls across Africa complete their education and gain the skills they need to lead change in their communities,” said Tina Muparadzi, Executive Director, Education and Transitions, The Mastercard Foundation. She also noted: “Young women on the continent, who currently contribute just 11% of Africa’s GDP, have enormous potential to lead the economic transition. We believe this partnership will be critical in establishing the inclusive and equitable environment needed to fully unlock this opportunity, enabling the most vulnerable and underserved girls in society to thrive.”
This partnership builds on more than a decade of collaboration between The Mastercard Foundation and CAMFED, which have worked together to improve access to secondary and higher education for more than 35,000 young women facing the greatest financial and social barriers. This collaboration has also enabled an additional 35,000 young women to access dignified and fulfilling work.
Angeline Murimirwa, CEO of CAMFED, said: “CAMFED is delighted to begin the next phase of our long-standing collaboration with the Mastercard Foundation. This investment reinforces our ambitious vision for 2030, as we support millions more girls in rural Africa to succeed in secondary school, secure livelihoods and leadership positions, and in turn mentor and support the next generation, multiplying the investment of partners. With the commitment of every member of our global movement, we can transform education systems and economies across Africa, driving progress towards the Sustainable Development Goals.”
The Foundation launched its partnership with FAWE in 2013 through the Mastercard Foundation Scholars Program. The partnership was established to provide 1,200 secondary school scholarships for girls in Rwanda and 600 girls in Ethiopia. Since then, more than 70% of Mastercard Foundation Scholars have gone on to higher education and 300 businesses have been established through the Mastercard Foundation Entrepreneurship Scholarship Fund.
Martha Muhwezi, FAWE Africa Executive Director, highlighted the importance of continuing this work: “This collaboration reaffirms FAWE’s shared vision with the Foundation’s Africa Youth at Work strategy and the African Union’s Youth Employment Strategy. We are particularly pleased to see this programme grow from three to ten countries, which is a clear testament to its impact and potential. We are confident that with the support of partners such as the Foundation, we will be able to reach all of our 34 chapters across Africa. Education, skills development and leadership will remain our priority to prepare the current generation to lead, innovate and drive positive change on the continent.”
These partnerships with CAMFED and FAWE will significantly accelerate the implementation of the Mastercard Foundation’s Young Africa at Work strategy, which aims to enable 30 million young Africans, particularly girls, to access dignified and fulfilling work by 2030.
For further information on this article or to arrange an interview with a Mastercard Foundation spokesperson, please contact: zvg@wimbart.com
Distributed by African Media Agency (AMA) for the Mastercard Foundation.
About the Mastercard Foundation
The Mastercard Foundation is a registered Canadian charity and one of the world’s largest foundations. It works with visionary organizations to advance education and financial inclusion to provide young people in Africa and Indigenous youth in Canada with access to dignified and fulfilling work. Established in 2006 through the generosity of Mastercard when it became a public company, the Foundation is an independent organization, separate from the corporation, with offices in Toronto, Kigali, Accra, Nairobi, Kampala, Lagos, Dakar and Addis Ababa. Its policies, operations and program decisions are determined by the Foundation’s Board of Directors and management. For more information about the Foundation, please visit www.mastercardfdn.org.
About CAMFED
CAMFED is a pan-African movement that is revolutionizing the way girls’ education is delivered. Through world-class accountability to the youth and communities we serve, we have created a model that radically improves girls’ chances of becoming independent and influential women. Our impact is growing exponentially through the Educated Young Women’s Association with the support of CAMFED. Together, we are multiplying the number of girls in school and accelerating their transition to secure livelihoods and leadership positions. Please visit camfed.org or contact comms@camfed.org.
About FAWE
FAWE is a pan-African membership organisation dedicated to empowering girls and women through gender-responsive education in 33 African countries. Through active engagement with Ministries of Education and key policy makers, FAWE works to develop and implement policies that strengthen and expand girls’ participation in education. As a thought leader in education in Africa, FAWE has pioneered and implemented various gender-responsive interventions, demonstrating effective strategies for promoting gender equity and equality. Our impact is demonstrated through the success of our programmes, research, and the replication and scaling up of proven gender-responsive models across the continent. For more information, visit www.fawe.org
Source : African Media Agency (AMA)
2024-09-16 11:02:07
#Mastercard #Foundation #Accelerates #Access #Education #Job #Creation #Young #Africans #
How will the Mastercard Foundation’s partnership with CAMFED and FAWE impact young women’s education in Africa?
Table of Contents
Mastercard Foundation Expands Partnerships with CAMFED and FAWE to Support 70,400 Young Women and Girls in Africa
The Mastercard Foundation has announced a significant expansion of its partnerships with the Campaign for Women’s Education (CAMFED) and the Forum for African Women Educationalists (FAWE) to support more than 70,400 young women and girls in Africa who face the greatest financial and social barriers to education and income generation. This investment is expected to benefit 3.3 million young women and men across the continent.
A $360 Million Investment in Education and Entrepreneurship
The Mastercard Foundation will provide an additional investment of $360 million over the next seven years to support young women in their education, entrepreneurship initiatives, and integration into the world of work. This investment will help to improve education systems and increase access to higher education, technical, vocational, and higher education training (TVET), and employment opportunities for young people, primarily in Uganda, Rwanda, Zambia, Ethiopia, Malawi, Ghana, Liberia, Tanzania, Zimbabwe, and Senegal.
Supporting Education and Entrepreneurship in Africa
The partnership with CAMFED will support the transition of 62,000 girls in Tanzania, Zambia, Zimbabwe, Ghana, and Malawi into secondary and tertiary education, employment, and entrepreneurship, while contributing to improving education systems for millions of young people. The Mastercard Foundation’s investment will also enable FAWE to increase access to higher education, TVET, and employment opportunities for over 10,500 young people, primarily in Uganda, Rwanda, Zambia, Ethiopia, Malawi, Ghana, Liberia, Tanzania, Zimbabwe, and Senegal.
Empowering Young Women to Lead Change
“We are extremely proud to deepen our collaboration with CAMFED and FAWE, building on years of shared commitment to helping girls across Africa complete their education and gain the skills they need to lead change in their communities,” said Tina Muparadzi, Executive Director, Education and Transitions, The Mastercard Foundation. “Young women on the continent, who currently contribute just 11% of Africa’s GDP, have enormous potential to lead the economic transition. We believe this partnership will be critical in establishing the inclusive and equitable environment needed to fully unlock this opportunity, enabling the most vulnerable and underserved girls in society to thrive.”
A Decade of Collaboration
This partnership builds on more than a decade of collaboration between The Mastercard Foundation and CAMFED, which have worked together to improve access to secondary and higher education for more than 35,000 young women facing the greatest financial and social barriers. This collaboration has also enabled an additional 35,000 young women to access dignified and fulfilling work.
Transforming Education Systems and Economies
Angeline Murimirwa, CEO of CAMFED, said: “CAMFED is delighted to begin the next phase of our long-standing collaboration with the Mastercard Foundation. This investment reinforces our ambitious vision for 2030, as we support millions more girls in rural Africa to succeed in secondary school, secure livelihoods and leadership positions, and in turn mentor and support the next generation, multiplying the investment of partners. With the commitment of every member of our global movement, we can transform education systems and economies across Africa, driving progress towards the Sustainable Development Goals.”
Keywords:
Mastercard Foundation
CAMFED
FAWE
Education
Entrepreneurship
Africa
Young women
Girls’ education
Economic empowerment
Sustainable Development Goals
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The Mastercard Foundation expands partnerships with CAMFED and FAWE to support 70,400 young women and girls in Africa, with a $360 million investment in education and entrepreneurship over the next seven years.
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H1: Mastercard Foundation Expands Partnerships with CAMFED and FAWE to Support 70,400 Young Women and Girls in Africa
H2: A $360 Million Investment in Education and Entrepreneurship
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H2: A Decade of Collaboration
H2: Transforming Education Systems and Economies
And life skills training for young women across various African nations.
Mastercard Foundation Expands Partnerships with CAMFED and FAWE to Support 70,400 Young Women in Africa
The Mastercard Foundation has announced a significant expansion of its partnerships with the Campaign for Women’s Education (CAMFED) and the Forum for African Women Educationalists (FAWE) to support over 70,400 young women and girls facing financial and social barriers to education and income generation. This initiative is expected to benefit 3.3 million young women and men across Africa.
Investing in Education and Entrepreneurship
The Mastercard Foundation will invest an additional $360 million over the next seven years to support young women in their education, entrepreneurship initiatives, or integration into the workforce. This investment will enable CAMFED to support the transition of 62,000 girls in Tanzania, Zambia, Zimbabwe, Ghana, and Malawi into secondary and tertiary education, employment, and entrepreneurship. The partnership with FAWE will increase access to higher education, technical, vocational
