Mastercard Foundation Africa Growth Fund

link to apply:

The Mastercard Foundation Fund for Resilience and Prosperity is a seven-year, US$ 126 million fund that aims to support Small and Medium-sized Enterprises (SMEs) across the agriculture, climate impact and digital economy sectors in 20 countries in Sub-Saharan Africa.

The main objective of the Fund is to unlock enterprise growth and catalyze, scale-up and sustain the creation of dignified and fulfilling work opportunities for young women and men, young people with disabilities and refugee youth.

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Interventions
The Fund for Resilience and Prosperity aims to address a broad spectrum of SME-specific challenges as well as macro issues using four interventions:

Challenge Fund

Connect

Technical Assistance

Convening and Influencing
Thematic Sectors
The Fund has a focus on SMEs that are implementing their solutions in three key sectors; agriculture, climate impact and digital economy.

Each of these will have competitive challenges or calls for proposals that SMEs can apply to for a chance to be selected as Fund participants.

Agriculture

Climate Impact

Digital Economy

News and Events
As part of its awareness creation and learning objectives, the Fund participates in a number of SME and youth-related conferences and forums. In addition, the Fund organizes events, workshops, webinars and other convenings aimed at sharing information on Fund interventions and opportunities with stakeholders and applicants.

Partners
The Mastercard Foundation is working with partners to implement this seven-year program. The Fund Manager for the Mastercard Foundation Fund for Resilience and Prosperity is KPMG Development Services Limited in partnership with Triple Line Consulting, the Monitoring, Evaluation and Learning Partner.

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Partners
Fund for Rural Prosperity
Press Release
FAQs
Contact Us
Get in touch
info@frp.org