The Mastercard Foundation – founded in 2006 by global financial services company, Mastercard – announced the launch of a new initiative set to begin in Ghana aims to enable three million young people to access ‘dignified and fulfilling’ work by 2030.
Young Africa Works in Ghana has seen the likes of the government, the private sector, academic institutions, and young people come together to design the initiative. According to The Mastercard Foundation, there has been an initial investment of $200 million and a five-year commitment to building a network of entrepreneurs and a digitally literate, innovative community of young people.
Young Africa Works in Ghana will focus on three priorities, including:
- Enabling the growth of women-owned enterprises through business development services, access to finance, and access to markets.
- Enabling young people to acquire skills that are needed by businesses in growing sectors of the economy and strengthening the quality of education to prepare students for the world of work.
- Scaling digital training and strengthening technology-focused employment opportunities.
Edited by Jenna Cook
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