The Hi-Innovator initiative seeks to elevate enterprises that typically struggle to attract traditional investment, with a particular focus on women and youth-owned businesses Kampala, Uganda | THE INDEPENDENT | Seven small businesses have secured seed funding of approximately $20,000 each through the Hi-Innovator program, a joint initiative by the National Social …
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Kampala, Uganda | THE INDEPENDENT | The Forum for African Women Educationalists (FAWE) announced a new seven-year extension of its partnership with the Mastercard Foundation to build on the success of its decade-long mission to elevate young women and men in Africa. Unveiled at Kampala on April 12 by John Chrysestom …
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Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) has unveiled a program under which it will acquire a shareholding in small and starting enterprises, as a way of enabling them to acquire “patient capital”. In partnership with Mastercard Foundation, the Fund has earmarked more than Shillings 7.6 …
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Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) in partnership with Mastercard Foundation has awarded UGX5.9 billion as seed funding to an additional 78 Ugandan small and growing businesses through their Hi-innovator Program. This brings the total of businesses funded to 110 since the Hi-Innovator Programme …
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Kampala, Uganda | THE INDEPENDENT | The Mastercard Foundation announced the appointment of Adrian R. Mulindwa Bukenya, as the new Country Head for Uganda recently. Bukenya, who is a seasoned executive with over 20 years of global professional experience in the energy, infrastructure, and financial services sectors is expected to push the entity’s …
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Mastercard Foundation’s $1.3bn plan The Mastercard Foundation announced in June that it would deploy $1.3 billion for a three-year partnership with the Africa Centres for Disease Control and Prevention (Africa CDC) “to save the lives and livelihoods of millions of people in Africa and hasten the economic recovery of the …
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Fellowship applications open on May 3, 2021 for entrepreneurs working and living in Uganda, Ethiopia, Ghana, Nigeria, Kenya, Rwanda and Senegal | THE INDEPENDENT | Legatum Center for Development & Entrepreneurship at the Massachusetts Institute of Technology (MIT) has unveiled the Foundry Fellowship, a first-of-its-kind leadership program for accomplished …
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Kampala, Uganda | THE INDEPENDENT | Mastercard Foundation has contributed 3.7 billion Shillings towards the restoration of the iconic Makerere University main building that was gutted by fire last weekend. The contribution has been announced by Dr Reeta Roy, the President and Chief Executive Officer of the foundation as he …
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There exists a mismatch between available skills and the job market | THE INDEPENDENT | The Mastercard Foundation has unveiled a Young Africa Works strategy in Uganda to enable more than 3 million young people in the country access dignified work opportunities by 2030, according to its President and CEO, Reeta Roy. …
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Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni has said there is a mismatch between the school curriculum and the demands of the job market. This he says has created a skills gap among the young people in Uganda. Museveni says science courses have a high demand in the …
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