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July 24, 2026
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Mastercard Foundation Launches $500 Million AHEFT Prize to Transform Higher Education in Africa

Mastercard Foundation Launches $500 Million AHEFT Prize to Transform Higher Education in Africa

Mastercard Foundation has launched the $500 million AHEFT Prize to recognize African universities driving innovation, research, and youth employment, with five institutions named inaugural winners...

✨ Key Highlights

The Mastercard Foundation has launched the Africa Higher Education for Transformation (AHEFT) Prize with a $500 million commitment over ten years to foster institutional change in African universities.

  • The prize aims to recognize and scale initiatives that improve education and employment outcomes for young Africans.
  • The inaugural five laureate universities will each receive $3 million.
  • Key laureates include Addis Ababa University (Ethiopia) and Kwame Nkrumah University of Science and Technology (Ghana) for Excellence in Research and Innovation.

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