The Mastercard Foundation has announced that it has enabled 1.27 million young people to access employment opportunities in Ethiopia since the launch of the country’s Young Africa Works strategy in 2019. Of the total number, 49 percent are young women.
Speaking at the second Mastercard Foundation’s Young Africa Works in Ethiopia Partners Annual Learning Summit, Samuel Yalew Adela, Mastercard Foundation Ethiopia Country Director, said that since 2019, 38 partnerships (including four COVID-19 Recovery and Resilience Programs) have been developed in Ethiopia with a commitment of $664 million.
In conflict-affected areas, psychosocial support and business development have been provided for women, organized and established enterprises, as well as the facilitation of affordable and accessible finance. Women’s peace forums have also been established, and training and grants for women-owned and informal enterprises have also been provided.
Samuel shared that the result is obtained…
