What is the MasterCard Foundation Scholars Program?

The Mastercard Foundation Scholars Program envisions a transformative network of young people and institutions driving inclusive and equitable socio-economic change in Africa. Since launching in 2012, the Program has supported nearly 45,000 young people in Africa to pursue secondary or tertiary education.

Where is MasterCard Foundation based?

One of the largest foundations in the world, it works almost exclusively in Africa. It was created in 2006 by Mastercard International and operates independently under the governance of its own board of directors. The Foundation is based inToronto, Canada.

What is the MasterCard Foundation Endowment for Educational Excellence?

Ashesi University Foundation Canada has received an endowment to establish the “Mastercard Foundation Endowment for Educational Excellence,” which will enable world-class, inclusive higher education in Africa while driving innovation and entrepreneurship on the continent. In 2022, the Scholars Program turned 10.