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Overview

The Mastercard Foundation EdTech Fellowship is a multi-country African edtech venture support program launched with Injini in 2023 and expanded through partners in South Africa, Ghana, Ethiopia, Nigeria, Egypt, and Kenya. It targets growth-oriented education technology companies building tools for African learners, education systems, and workforce pathways. The program provides venture-building support, coaching, market access, impact measurement help, and non-dilutive funding or equity-free grants that vary by partner. The Foundation provides the institutional umbrella while country partners run applications, selection, programming, and local ecosystem delivery.

Investment focus

The program backs African edtech companies with scalable products that can improve learning, workforce readiness, and educational inclusion across local markets. Country partners prioritize ventures that already have a product or market signal and can use funding plus technical assistance to expand measurable impact.

Program details

Applicants should focus on demonstrating their impact on learning outcomes and how their solutions address specific educational challenges in African markets.

Who it is for

Eligible applicants are edtech companies operating in specified African country markets, usually with an existing product, customers or users, and founders able to participate in local cohort programming.

Check your startup’s fit

Check your eligibility for Mastercard Foundation EdTech Fellowship

Admissions and application

Applications are open annually, with cohorts launching quarterly across implementing hubs. Eligible companies are seed to growth-stage EdTech startups based in or serving African markets.

Benefits

Participating ventures receive structured accelerator support: business model refinement, product and market strategy, investor readiness, expert advisory support, peer learning, and access to local education and technology networks. Funding varies by country partner, with a maximum observed check size of USD 100,000.

Timeline

Cohorts launch quarterly, culminating in Demo Days in major African cities to showcase progress and connect with investors.

How to go about it

  1. Read what it asks for

    Who can apply, how people get in and whether it is open right now.

  2. Have something to show

    Programs pick people whose work they can already point to. Put yours where it can be found.

  3. Apply the way the program asks

    The program has not published how to apply. Terms and dates change. Check the official page before you act.

What it pays

The fellowship offers equity-free grant funding ranging from $60,000 to $100,000, preserving founder control with a zero equity structure.

Questions about this program

Who can apply for the fellowship?

Early-stage EdTech companies based in or serving African markets can apply.

What kind of funding is provided?

The fellowship offers equity-free grant funding between $60,000 and $100,000.

About Mastercard Foundation

Mastercard Foundation

Lists that include this program

From public sources

What the sources say about Mastercard Foundation EdTech Fellowship

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