DGAP-News: Mastercard Foundation to deploy $1.3 billion in partnership with Africa CDC to save lives and livelihoods
Addis Ababa, Ethiopia - June 8, 2021 - The Mastercard Foundation (www.MastercardFdn.org) has announced that it will deploy $1.3 billion over the next three years in partnership with the Africa Centres for Disease Control and Prevention (Africa CDC) to save the lives and livelihoods of millions of people in Africa and hasten the economic recovery of the continent.
- Addis Ababa, Ethiopia - June 8, 2021 - The Mastercard Foundation (www.MastercardFdn.org) has announced that it will deploy $1.3 billion over the next three years in partnership with the Africa Centres for Disease Control and Prevention (Africa CDC) to save the lives and livelihoods of millions of people in Africa and hasten the economic recovery of the continent.
- This initiative is about valuing all lives and accelerating the economic recovery of the continent," said Reeta Roy, President and CEO of the Mastercard Foundation.
- The initiative builds on an earlier collaboration between the Mastercard Foundation and the Africa CDC to expand access to testing kits and enhance surveillance capacity in Africa.
- The Mastercard Foundation is a Canadian foundation and one of the largest in the world with more than $39 billion in assets.