New Business Ethiopia

NEWS- Mastercard Foundation has injected $3.2 million in 11 small businesses in Ethiopia to help them maintain their 1,060 employees in the face of COVID-19 pandemic.

Africa Centres for Disease Control and Prevention (Africa CDC) and Mastercard Foundation have partnered to respond to COVID-19. Through its COVID-19 Recovery and Resilience Program, Mastercard Foundation is committing $40 million to the Africa CDC’s Partnership to Accelerate COVID-19 Testing (PACT).

The Ethiopian Red Cross Society (ERCS) announced a $1.6 million contribution from the Mastercard Foundation to support COVID-19 preparedness and response activities.

Mastercard Foundation is set to help Ethiopia government create over 10 million jobs for the young generation over the coming ten years.

The Mastercard Foundation on Thursday announced a new fund that enables young changemakers to seed and kick-start promising social ventures and community projects, creating economic opportunities for themselves and others.

A new study from Habitat for Humanity says that housing microfinance can and should become a mainstream offering for financial institutions in Sub-Saharan Africa as they respond to growing housing needs in the region, particularly from poor people.

Ethiopia’s University of Gondar and Canada’s Queen’s University today announced a 10-year, $24.2 million partnership. The partnership aims to advance inclusive higher education for young people with disabilities in Ethiopia and Africa as part of The MasterCard Foundation’s Scholars Program.