The Mastercard Foundation has provided support to the Centre on African Philanthropy and Social Investment (CAPSI) at the Wits Business School to enable vital research on knowledge and opportunities emanating from the Foundation’s Young Africa Works Strategy.
The Foundation’s Young Africa Works strategy, which aims to enable 30 million young Africans to secure dignified and fulfilling work by 2030, mirrors CAPSI’s mission of creating new possibilities for Africans by training new cohorts of academics and researchers in the non-profit sector and changing the African narrative with emphasis on self reliance and African solutions.
Additionally, the non-profit sector’s research in employment creation for young people in Africa will produce significant metrics and data that the private sector, decision-makers, and society at large will require to better the lives of young people.
The five-year support of $7.8 million (about R140 million) will be undertaken in collaboration with an autonomous African-led network of researchers and institutions in selected African countries and will concentrate on the contributions of the non-profit sector to African economies, with a specific focus on enabling young people in Africa to secure dignified and fulfilling work.