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Mastercard Foundation to spend $300m on Africa refugees


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Mastercard Foundation to spend $300m on Africa refugees

Mastercard
Photo by Bloomberg

29th April 2025

By: Bloomberg

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The Mastercard Foundation will spend $300-million to help about 500 000 refugees in Africa complete their education, giving them a pathway to jobs.

The foundation will work with the UNHCR, the UN Refugee Agency, for the next five years to help displaced people complete secondary education, it said in a statement on Tuesday.

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A spate of conflicts in Sudan, the Democratic Republic of Congo and South South have resulted in 45-millions of people fleeing their homes to neighbouring countries, according to the foundation, calling it the world’s largest displacement crises.

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