Mastercard Foundation Fund for Resilience and Prosperity

The Fund ran its first challenge in 2024 for SMEs creating work for young people through their agribusinesses. While applications for the Agribusiness Challenge are processed, plans are underway to launch the second challenge for SMEs that are creating work opportunities in the Climate Impact sector for young people with limited financial means. Revised challenge launch dates and details will be announced soon on www.frp.org and on official Fund social media channels.

 New Year, New Opportunities! As we welcome 2025, the Mastercard Foundation Fund for Resilience and Prosperity reaffirms its commitment to empowering youth through dignified work, sustainable growth, and innovation.Here’s to a year of collaboration, resilience, and progress as we continue to transform challenges into opportunities. Let’s make this year count for Africa’s youth! Happy New Year!

As we gather with loved ones, the Mastercard Foundation Fund for Resilience and Prosperity celebrates all those creating opportunities for young people across Africa. Your efforts in building sustainable businesses, fostering innovation, and supporting communities are the true gifts that keep on giving. Here’s to a holiday season filled with hope, opportunity, and growth. Merry Christmas!

In this article featured on the business daily, Fund Agribusiness Thematic Lead, John Kavilu, highlights how #agri-SMEs can unlock opportunities for young people with limited financial means in Africa, to earn livelihoods with innovative, resource-efficient solutions. Read the full article https://lnkd.in/dRTegNqJ.

This Jamhuri Day, we honor the spirit of freedom and resilience. At the Mastercard Foundation Fund for Resilience and Prosperity, we celebrate all those working to empower Kenyan youth through dignified jobs, innovative solutions, and sustainable growth. Together, let’s continue to build a brighter future for generations to come. Happy Jamhuri Day.

In this video, Fund Market Systems and Knowledge Lead, Grace Njiru explains how SMEs need access to finance, training and investors in order to create dignified and fulfilling jobs for young people. Watch the video here: https://lnkd.in/dP2k6xpc #workcreation

Fund Portfolio Manager, Barbara Wiafe explains in this video how with Fund support, SMEs can help young women and refugee youth overcome challenges such as limited skills and job opportunities. Learn more https://lnkd.in/d6XeeKC2 #workcreation

In this interview, Fund Portfolio Lead Joseph Sawe explains how innovative SMEs and the focus areas of the Fund can play a key role in work creation for young women and men. Watch the video here https://lnkd.in/d44WY4pk #workcreation

The third and final harvest of the #Agribusiness Challenge Fund is now closed! Thank you to all the SMEs that applied. We look forward to reviewing all submissions and supporting impactful employment for young people in the agriculture sector. Stay tuned for updates on next steps!

If your SME can create dignified and fulfilling work opportunities for young women and men with limited financial means, submit your application to the #Agribusiness Challenge Fund by tomorrow! Visit www.frp.org.