Foundation or philanthropic investor
Mastercard Foundation
The Mastercard Foundation is a Canadian-based non-profit organisation established in 2006 to advance education and financial inclusion, focusing on young people in Africa and Indigenous youth in Canada. It operates as a philanthropic entity, funding initiatives that promote dignified and fulfilling work opportunities. The Foundation manages its investments through the Mastercard Foundation Asset Management (MFAM) Corporation, which oversees a diversified portfolio to support its mission.
Investment focus
- Sectors
- Financial servicesAgriculture and foodHealthcareSMEsEnergy and power
- Stages and strategies
- SeedGrowthFund investments
- Regions
- Eastern Africa, Western Africa, Central Africa, Southern Africa
Fund commitments
Sources
- Partner Researchers, accessed 14 November 2026
- https://techmoonshot.com/2026/04/23/proparco-puts-17-25m-into-alterra-africa-fund-at-final-close-completing-a-dfi-heavy-capital-stack/, techmoonshot.com. Accessed 14 November 2026.
- https://www.accion.org/news/accion-launches-152-5m-fund-investing-in-digital-transformation-of-financial-institutions-serving-small-businesses-globally/, www.accion.org. Accessed 14 November 2026.