Mastercard Foundation Announces $1.3B for African Centres for Disease Control

On June 8, 2021, The Mastercard Foundation, with current assets of nearly $40B, announced it would deploy $1.3B over the next three years to support the Africa Centres for Disease Control and Prevention (Africa CDC) to expand the availability of affordable vaccines on the continent and bolster Africa’s response to the pandemic. The Foundation notes that: “The Saving Lives and Livelihoods initiative will acquire vaccines for at least 50 million people, support the delivery of vaccinations to millions more across the continent, lay the groundwork for vaccine manufacturing in Africa through a focus on human capital development, and strengthen the Africa CDC.” For the full media release on this gift, click HERE