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Mastercard Invests $3M in African Financial Inclusion

The Mastercard Foundation Fund for Rural Prosperity (FRP) is investing $2.8 million in three companies from Burundi, Malawi, and Uganda to support projects that expand financial inclusion in rural Africa.

The three companies, Prothem Usine, Pula Advisors, and Enviu BV, were selected from among 195 firms that submitted applications to the third phase of the Fund’s 2017/2018 rolling competition. This competition is an effort to find and support scalable financial products and services for rural areas of Africa.

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