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.
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.
SolarNow Goes Dark: East Africa’s Solar Pioneer in Liquidation
SolarNow Services (K) Ltd was put into voluntary liquidation on 13 May 2025. The company had sold over 37,000 solar systems and employed about 900 people across 65 branches in Uganda and Kenya.
AgriTech Challenge Pro Spotlights Ghana’s Youth-Led Innovation in Agriculture
The AgriTech Challenge Pro showcased 43 teams pitching innovative agritech ideas. Winning teams received seed funding, mentorship, and entry into KIC’s Business Incubation program.
