Mastercard Foundation to Enable 3m Young People to Access Employment Opportunities in Ghana
Young Africa Works is the Mastercard Foundation's strategy to enable 30 million young Africans, 70 percent of whom will be young women, to access dignified and fulfilling work. Learning from its work in 34 countries on the continent over the past decade, the Foundation will now deepen its engagement in 10 African countries. Its programs will support entrepreneurs, small and medium-sized businesses, and key growth sectors leading to greater productivity, job creation, and work opportunities.
"We have listened to the aspirations of young people in Ghana and they are creative, resilient, and determined to contribute to the economic and social well-being of their country," says Reeta Roy, Mastercard Foundation President and CEO. "Young Africa Works builds upon the country's economic agenda and momentum to drive transformative change that will lead to improved livelihoods and prosperity."
With more than 35 percent of the population aged 15-34 and youth unemployment at 12 percent, the Foundation will work closely with local partners to spur change that is critical for growth and job creation. 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.
For more information on the Mastercard Foundation's Young Africa Works in Ghana, please visit: https://mastercardfdn.org/our-work/where-we-work-in-africa/ghana/.