ADDIS ABABA (Mastercard Foundation)– Mastercard Foundation, in partnership with the Jobs Creation Commission and First Consult, has announced the creation of the Mastercard Foundation MSE’s Resilience Facility. Despite the risk mitigation efforts being implemented by the government and the financial sector following the current spread of COVID-19 in Ethiopia, several containment measures are being undertaken which have economic implications and a forecasted loss of about 2% economic growth in this fiscal year. Office. Ethiopia’s University of Gondar and Canada’s Queen’s University today announced a 10-year, USD$24.2 million partnership to advance inclusive higher education for young people with disabilities in Ethiopia and Africa as part of The MasterCard Foundation’s Scholars Program. Addis Ababa, Ethiopia, 31 October 2019: The International Centre of Insect Physiology and Ecology (icipe), in partnership with the Mastercard Foundation and Ethiopia Jobs Creation Commission (JCC), today launched a USD 55,601,322, five-year initiative that aims to see 100,000 young men and women in Ethiopia secure dignified and fulfilling work along honey and silk value chains. Some 650,000 people have benefited from the project so far, Reeta said. The Jobs Creation Commission (JCC) of the Federal Democratic Republic of Ethiopia is established under the Office of the Prime Minister to advance the government's goal around employment and job creation. These include universities, financial service providers, businesses, technology start-ups, incubators, government agencies, youth organizations, and non-governmental organizations. Mastercard Foundation has been working in Ethiopia since 2012 on education, access to finance to small scale enterprises and training on digital technology. It builds upon the momentum of the governments recent efforts while also finding creative ways to strengthen relevant government institutions. Ethiopia ; Posted 12 Jun 2020 Originally published 12 Jun 2020 Origin View original. Second, to strengthen the diverse institutions that are the first line of defense against the social and economic aftermath of this disease. your password Our goal is to help 30 million young people to secure dignified and fulfilling work by 2030. Every member of the Mastercard Foundation has been given a gift – an opportunity to make a difference in the lives of others. The amount and type of financial support provided will vary depending on the size of enterprise and their needs and will focus on supporting MSEs and start-ups within the following two categories: The program, to be implemented in Addis Ababa, is anticipated to: The creation of the Mastercard Foundation MSE's Resilience Facility is aligned to the Foundation's Young Africa Works strategy. "Young Africa Works is about connecting young people to opportunity, enabling them to build and sustain their livelihoods. Ethiopia signed an agreement with MasterCard Foundation that enables it to open a branch office in Addis Abeba. Enterprises and informal businesses, that are least able to withstand this economic slowdown, will bear the brunt of these losses. The Foundation was established in 2006 through the generosity of Mastercard when it became a public company. The purpose of the partnership is to repurpose their factories to manufacture personal protective equipment in the fight against Covid-19. The Foundation has opened offices in Rwanda, Kenya, Ghana, Senegal, Ethiopia, Nigeria and Uganda, building a broader leadership presence in Africa to develop specific strategies that support youth employment. Ethiopia’s University of Gondar and Canada’s Queen’s University today announced a 10-year, $24.2 million partnership. your username. Jobs Creation Commission (JCC) in collaboration with MasterCard Foundation is set to award 200 new and innovative businesses on the program that will be held in the coming three years. Mastercard Foundation is a global foundation based across four hubs in Toronto, Canada, Nairobi, Kenya, Kigali, Rwanda, and Accra, Ghana. By submitting above, you agree to our privacy policy. The Mastercard Foundation Scholars Program (MCFSP) at the University of Gondar awards a total of 160 graduate scholarships in the coming eight years, starting from 2020/21. Mastercard Foundation Addis Ababa, Ethiopia. She said that Ethiopia remains a priority of the foundation because of government’s commitment to reform regulatory environment to encourage development of the private sector and attract more foreign investment. But people need accurate information if they are going to make informed choices. Jobs with MasterCard Foundation News for MasterCard Foundation « First < Prev: 1 - 5 of 5: Next > Last » Program Partner (Fixed Term Contract), Kampala, Uganda MasterCard Foundation Updated: 2020-12-17T03:12:16Z. Context: The need to create employment in Ethiopia is high, and the potential to have an impact is significant. Mastercard Foundation is set to help Ethiopia government create over 10 million jobs for the young generation over the coming ten years. AFI and Mastercard Foundation partner for COVID-19 Policy Response in Africa. The foundation committed the stated figure from the Mastercard Foundation COVID-19 Recovery and Resilience Program which was created specifically to assist institutions and communities in Africa to withstand and respond to the short-term impacts of this pandemic, while strengthening their resilience in the long-run, it was learned. Our Approach: Designed in partnership with the government, the private sector, academic institutions, and young people, the Foundation will work with the newly created Jobs Creation Commission to spur economic growth. The Foundation was established in 2006 through the generosity of Mastercard when it became a public company. To move forward with that agenda, we first have to safeguard the opportunities that already exist but are threatened by COVID-19. The Mastercard Foundation has announced a partnership with a consortium of 11 small and medium enterprises (SMEs) in Ethiopia. The Mastercard Foundation is the third largest foundation globally with financial assets worth about 30 billion USD. The Jobs Creation Commission of Ethiopia, the Mastercard Foundation, and First Consult announced the creation of the Mastercard Foundation MSE’s Resilience Facility. The Mastercard Foundation Scholars Program (MCFSP) at the University of Gondar awards a total of 160 graduate scholarships in the coming eight years, starting from 2020/21. Addis Ababa, June 12, 2020 (FBC)- Mastercard Foundation has announced a partnership with a consortium of 11 small and medium enterprises (SMEs) in Ethiopia to repurpose their factories to manufacture personal protective equipment (PPE) in the fight against COVID-19. The partnership aims to advance inclusive higher education for young people with disabilities in Ethiopia and Africa as part of The MasterCard Foundation’s Scholars Program. newbusinessethiopia November 2, 2018. The Mastercard Foundation MSE’s Resilience Facility to Support Businesses in Ethiopia Affected by COVID-19. The agreement was signed between State Minister for Foreign Affairs Markos Tekle (PhD) and Alemayehu Konde, MasterCard Foundation Ethiopia Representative, on … The Foundation will commit more than $3.2 million from the Mastercard Foundation COVID19 recovery and resilience … The Jobs Creation Commission, in partnership with the Mastercard Foundation, has launched a 5-year project to support job creation in Ethiopia. Mastercard Foundation has committed an initial USD 300 million to the initiative. Department. Welcome! Enabling Ethiopia will also target the expansion of economic opportunities for disadvantaged segments of the populations such as street youth. With a mission to drive job creation through innovation and action, the Commission aims to facilitate the creation of 3 million jobs by 2020, 14 million by 2025 and 20 million by 2030. The two-year project, which is commencing … The program, with an initial commitment of approximately USD 24.8 million from the Mastercard Foundation COVID-19 Recovery and Resilience Program , will ensure MSEs remain solvent, retain their employees, and are able to create increasingly innovative work opportunities in the wake of COVID-19. ADDIS ABABA (Mastercard Foundation)– Mastercard Foundation, in partnership with the Jobs Creation Commission and First Consult, has announced the creation of the Mastercard Foundation MSE’s Resilience Facility.This emergency program will support micro and small-sized … Directly overseen by the Prime Minister's office, JCC is mandated to Coordinate, Govern and Monitor all Government and Non-Government efforts in creating jobs. The Mastercard Foundation Scholars Program is developing Africa’s next generation of leaders. The public health crisis is aggravated by the social and economic aftermath: job losses, school closures, increased poverty. Young Africa Works in Ethiopia focuses on sectors that offer a strong potential for the creation of work for youth. Follow JCC on: https://www.jobscommission.gov.et, https://twitter.com/Jobs_FDRE | https://www.facebook.com/JobsCommissionFDRE/. Startups, small and medium scale businesses in Ethiopia have a new support from Mastercard Foundation. This emergency program will support micro and small-sized enterprises (MSEs) and start-ups in Ethiopia during the economic downturn caused by the COVID-19 pandemic. Tewedaj Eshetu, Communications and PR AdvisorTelephone: +251 116 671792Email: tewedaj.dadi@jobscommission.gov.et, Helen White, Strategy Lead, Program CommunicationsTelephone: +27 76 166 5372Email:   hwhite@mastercardfdn.org, Eden Mesfin, Communications LeadTelephone: +251 114 401 473Email: emesfin@firstconsultet.com. On the program launching ceremony, Alemtsehay Dersolegn, Director of Innovative Jobs and Projects of JCC explained that some of the winners will be expected to […] Mastercard Foundation MSE’s Resilience Facility to Support Businesses in Ethiopia Affected by COVID-19, 10,000 Women to Benefit from Value Seeds COVID-19 Recovery and Resilience Intervention in Partnership with the Mastercard Foundation, 40,000 Young People in Nigeria to Benefit from Young Africa Works-IITA Project Training Program, Project SafeUp to Provide Free PPE to Nigerians, Nine Million Children in Ghana to Benefit from Learning Programmes Supported by UNICEF and Mastercard Foundation Partnership, In Collaboration with the Mastercard Foundation, the Pan-African Fintech InTouch is Launching Its 10,000 Jambaars Program to Support and Mentor 10,000 Young Entrepreneurs in Senegal, COVID-19 Relief and Recovery for Rwandan Entrepreneurs from African Management Institute In Partnership with Mastercard Foundation, Highly Trained Teaching Professionals are Critical to Advancing Africa's Knowledge-Based Economies, Celebrating its Tenth Year, the Anzisha Prize Awards its Top Honour to 21-Year-Old Egyptian Entrepreneur, 3 Million People in Africa to Benefit from Post-COVID Food Security Program Supported by the Mastercard Foundation, Catalyst Fund, in Partnership with the Mastercard Foundation and MEST, Launches $4.3M Inclusive Digital Commerce Accelerator in Ghana to Improve the Financial Resilience of Informal MSEs, Mastercard Foundation and ICCO Cooperation Partner to Strengthen the Resilience of 80,000 Farmers in Senegal, 500 Communities in Rural Senegal to Benefit from New Partnership in the Wake of COVID-19, Ethiopia to Leverage Digital Innovation in the Fight Against COVID-19 through Ministry of Innovation and Technology and Mastercard Foundation Partnership, Eneza Education Launches Shupavu SMS Learning in Rwanda in Partnership with Mastercard Foundation, 40,000 Young Women and Men in Nigeria will be Equipped Annually with Entrepreneurial Skills through EDC Partnership with the Mastercard Foundation, 10,000 Nigerian Women Benefit from Value Seeds COVID Intervention, Young Africa Works-IITA Project to Benefit 40,000 Young Nigerians, Virtual & Distance Learning for 9 Million Ghanaian Children, Program to Support & Mentor 10,000 Young Entrepreneurs in Senegal, Bringing COVID-19 Relief & Recovery to Rwandan Entrepreneurs, Advancing Africa's Knowledge-Economy by Investing in Teachers, 2020 Anzisha Prize Goes to 21-Year-Old Egyptian Entrepreneur, Support Program for African Farmers will Impact 3 Million People, $4.3M Accelerator Launched in Ghana to Support Small Businesses, Mastercard Foundation COVID-19 Recovery and Resilience Program, https://www.facebook.com/JobsCommissionFDRE/. Related: Mastercard Foundation Commits to help SMEs Respond to Covid-19 in Ethiopia. The program allows students whose talent and promise exceed their financial resources to complete their education. This is an emergency program that will support micro and small-sized enterprises (MSEs) and start-ups in Ethiopia during the economic downturn caused by the COVID-19 pandemic. We are honoured, we feel privileged, and we take our responsibility seriously. Log into your account. Priority Sectors: Agriculture, manufacturing, tourism and digital technology, Desert Locust response to mitigate impact in the Greater Horn of Africa. About Mastercard Foundation Jobs in Ethiopia. First, to deliver emergency support for health workers, first responders, and students. The Jobs Creation Commission of Ethiopia, the Mastercard Foundation, and First Consult announced the creation of the Mastercard Foundation MSE’s Resilience Facility. UNjobs Association of Geneva Not an official document of the United Nations Privacy Policy | Cookie Policy | Cookie Policy The MasterCard Foundation is an independent foundation based in Toronto, Canada with $10 billion in assets. The provision of financial assistance, in the form of grants and soft loans, via participating institutions – Banks, Microfinance, and Business Development Services – to eligible, qualified micro- and small-sized enterprises, both formal and informal. There was a problem processing your submission. Our Goal: Enable 10 million young people to access dignified and fulfilling work by 2030. Mastercard Foundation announces Young Africa Works in Ethiopia,  an initiative that seeks to create employment opportunities for the youth in partnership with Ethiopia’s Jobs Creation Commission (JCC). It is one of the largest, private foundations in the world with a mission to advance learning and promote financial inclusion to create an inclusive and equitable world. Find out more about the program’s focus in Ethiopia. In 2018, Mastercard Foundation shifted to a specific focus on … Associate, Travel & Office Services Mastercard Foundation Addis Ababa, Ethiopia 1 month ago Over 200 applicants No longer accepting applications. TORONTO. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. Find out more about the program’s focus in Ethiopia. Please try again later. Country Head Ghana, Accra, Ghana MasterCard Foundation Updated: 2020-12-15T02:10:06Z. Their vision is to create the opportunity for all to learn and prosper. Our programs promote financial inclusion and advance youth learning in Africa. We can then build on that foundation," said Alemayehu Konde Koira, Country Head, Ethiopia, at the Mastercard Foundation. She said that Ethiopia remains a priority of the foundation because of government’s commitment to reform regulatory environment to encourage development of the private sector and attract more foreign investment. The program allows students whose talent and promise exceed their financial resources to complete their education. This is an emergency program that will support micro and small-sized enterprises (MSEs) and start-ups in Ethiopia during the economic downturn caused by the COVID-19 pandemic. The project, Enabling Ethiopia, will create jobs through driving innovation, policy reform, inclusiveness, and advocacy. Mastercard Foundation. Country Head Kenya, Nairobi, Kenya MasterCard Foundation Updated: 2020-12 … your username. your password The organization, which is based in Toronto, Canada, has supported work in 49 countries. This is an emergency program that will support micro and small-sized enterprises (MSEs) and start-ups in Ethiopia during the economic downturn caused by the COVID-19 pandemic. The Mastercard Foundation has announced a partnership with a consortium of 11 small and medium enterprises (SMEs) in Ethiopia. The Mastercard Foundation MSE’s Resilience Facility to support businesses in Ethiopia affected by COVID-19 June 4, 2020 Semonegna 1 ADDIS ABABA (Mastercard Foundation)– Mastercard Foundation, in partnership with the Jobs Creation Commission and First Consult, has announced the creation of the Mastercard Foundation MSE’s […] The Foundation will commit more than $3.2 million from the Mastercard Foundation COVID19 recovery and resilience … The Jobs Creation Commission of Ethiopia, the Mastercard Foundation and First Consult announced the creation of the Mastercard Foundation MSE's Resilience Facility. By supporting and mobilizing strong local institutions with highly-capable individuals, we work to solve the most-critical development challenges of our time. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct. Mastercard Foundation Funds Plan for 14M Ethiopian Jobs by 2025 Refugee-Led Organizations Can Deliver During COVID-19 and Beyond 1,000 Refugee Entrepreneurs in Rwanda to … ABOUT MASTERCARD FOUNDATION . Current Job Openings . The Mastercard Foundation has committed USD 11.8 million to the project. The Mastercard Foundation works with visionary organizations to enable young people in Africa and in Indigenous communities in Canada to access dignified and fulfilling work. The Foundation will commit more than USD 3.2 million from the MasterCard Foundation COVID19 Recovery and Resilience Program which was … With a focus on private sector, financial sector and human capital development since 2005, First Consult has built and worked with over 500 partnerships that spans the private sector, government and development community. The Nairobi office will act as MasterCard’s liaison office for customer banks, business associates and consumers in its main markets of Kenya, Tanzania, Mauritius, Ethiopia and Uganda, as well as across the rest of the East African region, bringing the organisation’s knowledge of electronic payments best practice to these markets. Addis Ababa, June 12, 2020 (FBC)- Mastercard Foundation has announced a partnership with a consortium of 11 small and medium enterprises (SMEs) in Ethiopia to repurpose their factories to manufacture personal protective equipment (PPE) in the fight against COVID-19. The Mastercard Foundation MSE’s Resilience Facility to support businesses in Ethiopia affected by COVID-19. Through its Young Africa Works strategy, Canadian EleV program, and the Mastercard Foundation Scholars Program, the Foundation works with partners to ensure that millions of young people, especially young women, access quality education, financial services, and dignified work. Operations . The Jobs Creation Commission of Ethiopia, the Mastercard Foundation and First Consult announced the creation of the Mastercard Foundation MSE's Resilience Facility. “I’m happy by the decision of the Foundation to open its branch office in Addis Abeba,” said … Every member of the Mastercard Foundation has been given a gift – an opportunity to make a difference in the lives of others. We operate from Cape Town, Dakar, Abuja, Johannesburg, Nairobi and Washington DC. The Jobs Creation Commission of Ethiopia, the Mastercard Foundation and First Consult announced the creation of the Mastercard Foundation MSE's Resilience Facility. Young Africa Works. Amharic translation – Mastercard Foundation COVID-19 Recovery and Resilience Program. High Vulnerability: Registered micro enterprises and informal firms that are self-employed. Addis Ababa — The Jobs Creation Commission of Ethiopia, the Mastercard Foundation and First Consult announced the creation of the Mastercard Foundation MSE's Resilience Facility. Mastercard Foundation Ethiopia 5 months ago Over 200 applicants No longer accepting applications. For more information and to sign up for the Foundation's newsletter, please visit  http://www.mastercardfdn.org/ . The Mastercard Foundation MSE’s Resilience Facility to support businesses in Ethiopia affected by COVID-19 June 4, 2020 Semonegna 1 ADDIS ABABA (Mastercard Foundation)– Mastercard Foundation, in partnership with the Jobs Creation Commission and First Consult, has announced the creation of the Mastercard Foundation MSE’s […] ወጧቷ ትሰራለች የሚለው የማስተር ካርድ ፋውንዴሽን ፕሮጀክት እኤአ በ2030 10 ሚሊዮን ወጣት ኢትዮጵያውያን ሥራ ለማስያዝ አልሞ በመስራት ላይ መሆኑን ይገልጻል፡፡ በ300 ሚሊዮን ዶላር … The Jobs Creation Commission estimates that close to 1.4 million wage jobs are under threat and approximately 1.9 million people in vulnerable employment will lose their income due to the economic impact of COVID-19. The Mastercard Foundation is an international non-governmental organization established by Mastercard in 2006.. Find out more about the COVID-19 Recovery and Resilience Program. Ethiopia. JCC is uniquely positioned to lead, govern and coordinate the jobs creation agenda at the national and subnational levels. Get the latest in African news delivered straight to your inbox. Young Africa Works in Ethiopia is aligned with the Ethiopian government’s plan to create new jobs to spur economic growth and was designed in partnership with the government, the private sector, academic institutions, and young people. Some 650,000 people have benefited from the project so far, Reeta said. Mastercard Foundation is a global foundation based across four hubs in Toronto, Canada, Nairobi, Kenya, Kigali, Rwanda, and Accra, Ghana. The Mastercard Foundation is the third largest foundation globally with financial assets worth about 30 billion USD. The Mastercard Foundation COVID-19 Recovery and Resilience Program will assist institutions and communities in Africa and within Indigenous communities in Canada to withstand and respond to the short-term impacts of this pandemic, while strengthening their resilience in the long-run. Equip three financial institutions to effectively partner with MSEs through collateral free loans and increase their adoption rate of digitally based micro credit. The purpose of the partnership is to repurpose their factories to manufacture personal protective equipment in the fight against Covid-19. AllAfrica publishes around 700 reports a day from more than 130 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. The agreement was signed between State Minister for Foreign Affairs Markos Tekle (PhD) and Alemayehu Konde, MasterCard Foundation Ethiopia Representative, on September 6, 2019. In 2018, Mastercard Foundation shifted to a specific focus on Africa, through its Young Africa Works strategy. Kuala Lumpur, Malaysia – June 12, 2020 – Alliance for Financial Inclusion (AFI), in partnership with the Mastercard Foundation, is implementing a COVID-19 Policy Response program in Africa in response to the devastating impacts of the global pandemic. Mastercard Foundation is a global foundation based across four hubs in Toronto, Canada, Nairobi, Kenya, Kigali, Rwanda, and Accra, Ghana. "This intervention, by filling the critical gap needed to serve MSEs, will significantly enhance the government's proactive measures to avert the impact of the pandemic and keep enterprises solvent and in business. The Jobs Creation Commission of Ethiopia, the Mastercard Foundation, and First Consult announced the creation of the Mastercard Foundation MSE’s Resilience Facility. Through its Young Africa Works strategy and Canadian EleV program, the Foundation works with partners to ensure that millions of young people, especially young women, access quality education, financial services and dignified work. Ethiopia’s University of Gondar and Canada’s Queen’s University today announced a 10-year, USD$24.2 million partnership to advance inclusive higher education for young people with disabilities in Ethiopia and Africa as part of The MasterCard Foundation’s Scholars Program. AllAfrica is a voice of, by and about Africa - aggregating, producing and distributing 700 news and information items daily from over 130 African news organizations and our own reporters to an African and global public. The Jobs Creation Commission of Ethiopia, the Mastercard Foundation and First Consult have announced the creation of the Mastercard Foundation MSE’s Resilience Facility.This is an emergency program that will support micro and small-sized enterprises (MSEs) and start-ups in Ethiopia … Our programs promote financial inclusion and advance youth learning in Africa. Young Africa Works, developed in consultation with young people, policymakers, educators, and entrepreneurs, is Mastercard Foundation's strategy that aims to enable 30 million young people in Africa, with 10 million in Ethiopia, to access dignified and fulfilling work over the next 10 years. Ethiopia; Ghana; Kenya; Nigeria; Rwanda; Senegal; Uganda Ethiopia Company Profile Job 0 About Mastercard Foundation. Speaking on behalf of the Mastercard Foundation, Country Head, Ethiopia, Alemayehu Konde Koira said, “Individual choices are key to any COVID-19 management strategy. Mastercard Foundation Scholars Program; Next-Generation Financial Services; Rural and Agricultural Finance; Youth Employability and Entrepreneurship; Partners; COVID-19 Recovery and Resilience Program; Where We Work. Follow the Foundation on Twitter at  @MastercardFdn . Welcome! Mastercard Foundation seeks a world where everyone has the opportunity to learn and prosper. Head of Western, Central and Northern Africa Partner Network, Scholars Program, Accra, Ghana MasterCard Foundation Updated: 2020-11-28T11:53:54Z « First < Prev: 1 - 5 of 5: Next > LOCATION: Addis Ababa, Ethiopia . Our programs promote financial inclusion and advance youth learning in Africa. Addis Ababa,June 11/2020(ENA) Mastercard Foundation has granted 3.2 million US dollars to 11 Ethiopian enterprises through Production Repurposing Program. We are honoured, we feel privileged, and we take our responsibility seriously. ADDIS ABABA – Mastercard Foundation has announced a partnership with a consortium of 11 small and medium enterprises (SMEs) in Ethiopia to repurpose their factories to manufacture personal protective equipment (PPE) in the fight against COVID-19. Moderate Vulnerability: Small enterprises facing extreme slowdown within service-related businesses and that are at risk of major interruption or cancellation of orders. The commitment from the Mastercard Foundation COVID-19 Recovery and Resilience Program will primarily help strengthen ERCS’s ongoing pandemic prevention and response initiatives, including screening, house … The Mastercard Foundation COVID-19 Recovery and Resilience Program has two main goals. Prevent more than 50,000 employees from losing their jobs. It is committed to guide the investment of government, the private sector and development partners to high-growth sectors through policy analysis and innovation; and to align skills development with market needs. Mastercard Foundation has announced it is partnering with a consortium of eleven small and middle enterprises (SMEs) in Ethiopia to enable them to manufacture personal protective equipment (PPE) to combat the coronavirus pandemic as the spread of the virus spikes recently in Ethiopia. MasterCard Foundation representative in Ethiopia on his part said: “Ethiopia is one of the ten strategic nations selected by the Foundation for financial and technical support in the areas of agriculture, manufacturing, tourism and other sector.” The foundation says it will give more employment opportunities for women. Learn more about our partnerships in Ethiopia. Mastercard Foundation has been working in Ethiopia since 2012 on education, access to finance to small scale enterprises and training on digital technology. The Foundation has made an initial USD 300 million five-year commitment to implement this strategy in Ethiopia. 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