The Mastercard Foundation has launched its Young Africa Works strategy in Uganda which has set a goal to enable more than 3 million young people in the country to access dignified and fulfilling work opportunities by 2030. Under Young Africa Works, the Foundation has committed $200 million to ensure young women, men, and refugees in Uganda have access to economic opportunities.
Presiding over the virtual launch of the strategy, President Yoweri Museveni noted Young Africa Works’ alignment to the government’s national development plan.
“I commend Mastercard Foundation for your efforts towards youth empowerment and transformation in Africa over the last decade. I am glad to note that your focus over the next decade is on uplifting young people by expanding employment opportunities. The Young Africa Works strategy is in line with the work that our government is doing to achieve the goal of a healthy, educated, and prosperous population” said Museveni.
Young Africa Works in Uganda focuses on three economic sectors, including agriculture, tourism and hospitality, and construction/housing. The foundation is working with a range of partners to realize its goals under Young Africa Works.
Partners already working with the Mastercard Foundation include: the Private Sector Foundation Uganda, The Innovation Village, Gudie Leisure Farm, GOAL Uganda, the National Social Security Fund, and Equity Bank Uganda.
Speaking at the launch, Mastercard Foundation President and CEO Reeta Roy noted that the implementation of Young Africa Works is already underway and discussed the importance of collaboration among all stakeholders involved in Young Africa Works.
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