Five African Universities Secure $15 Million Mastercard Foundation’s Grant to Scale Higher Education Innovation



Five African universities have secured a combined US$15 million in new funding under a landmark initiative designed to accelerate university-led innovation and transform higher education across the continent, signalling a growing shift toward rewarding institutions that demonstrate measurable impact rather than simply expanding enrolment.

The funding comes through the inaugural Africa Higher Education for Transformation (AHEFT) Prize, launched by the Mastercard Foundation with a US$500 million commitment over the next decade to strengthen African higher education institutions as drivers of innovation, entrepreneurship, research and youth employment. 

The first recipients are Addis Ababa University (Ethiopia), the International Institute for Water and Environmental Engineering (2iE) in Burkina Faso, Kwame Nkrumah University of Science and Technology (Ghana), Muni University (Uganda) and the University of Rwanda. Each institution will receive US$3 million to expand initiatives that have demonstrated institution-wide transformation and improved opportunities for young people. 

Rather than funding isolated research projects or infrastructure development, the AHEFT Prize focuses on universities that have successfully embedded innovation into teaching, governance, student success, community engagement and workforce development.

The approach reflects a growing recognition that African universities are increasingly expected to play a broader role in national development by producing graduates equipped with practical skills, supporting entrepreneurship, generating research with societal impact and responding to rapidly evolving labour market needs.

According to the Mastercard Foundation, the decade-long programme aims to build a network of institutions capable of transforming higher education systems across Africa while expanding access to quality education for millions of young people. 

"Our twenty years of partnership with African universities has shown that the continent already possesses institutions capable of redefining higher education," the Foundation said, describing the prize as an investment in proven models that can be scaled across Africa. 

Across Africa, governments and development partners are increasingly shifting investment toward institutional transformation, innovation ecosystems and stronger links between universities, industry and entrepreneurship.

The five winning institutions represent diverse higher education models, ranging from comprehensive research universities to specialised science and engineering institutions, illustrating that transformative impact can emerge from different institutional contexts.

The winners will be formally recognised during a continental awards ceremony in Accra, Ghana, in September, where higher education leaders are expected to discuss how successful institutional innovations can be replicated across African universities. 

Article by Jed Mwangi

Photo courtesy:Mastercard Foundation

https://www.ednews.africa/p/five-african-universities-win-mastercard

 

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