The Mastercard Foundation works with visionary organizations to enable young people in Africa and Indigenous youth in Canada to access dignified, meaningful, and fulfilling work.
Nigerian startup takes top prize at UNDP’s pan-African edtech accelerator
Data Entry Academy won first place in the UNDP's Get Ready 4 timbuktoo EdTech accelerator. The startup received a $10,000 prize after competing against 1,429 applicants from across Africa.
MEST Africa Has Long Shaped The Continent’s Startup Ecosystem. Its New AI Program Aims To Deepen Its Legacy
MEST Africa has relocated to a new co-working space called buro in Osu, Accra. The organization has paused its flagship Entrepreneur-in-Training program to relaunch it as an AI-first initiative.
CcHUB EdTech Fellowship returns with $100,000 equity-free funding
CcHUB and Mastercard Foundation have opened applications for Cohort 4 of the EdTech Fellowship in Nigeria. The program will select 12 startups to receive $100,000 in equity-free funding and a 12-month incubation.
“Mastercard Foundation’s agreement was not terminated due to a breach,” Bongani Sithole, 54 Collective’s CEO
54 Collective, an early-stage venture studio, shut down in February 2025, laying off over 40 employees. Mastercard Foundation withdrew funding due to concerns over 54 Collective's rebranding and potential conflicts of interest.
CcHub, Mastercard Foundation Launch Third EdTech Fellowship Supporting 12 African Startups
CcHub and Mastercard Foundation announced the third cohort of the EdTech Fellowship program. 12 startups were selected, with 6 led by women, showcasing a commitment to diversity.
