Foundation capital

Mastercard Foundation and Trace Launch Free Learning App


Mastercard Foundation and Trace have launched a new learning app to enable 26 million young Africans to learn market-relevant skills on demand.
The Trace Academia mobile application is free and interactive, and tested in four African countries.
The learning content will include technical courses relevant to 15 different industries such as technology, energy, beauty, fashion, DIY (DIY), digital marketing, hospitality, creative arts, journalism and cinema, as well as more globally relevant courses. Each course featured on the app has been designed in conjunction with an industry-leading organization to ensure its relevance to employers and the job market.
Users can access courses in English and French, with courses in Portuguese to be launched soon.
Program Manager Peter Materu said the Mastercard Foundation is pleased to support the platform as part of the Young Africa Works strategy to enable 30 million young people to access dignified and fulfilling work by 2030.
“The platform gives young people flexibility and full control over their learning. Users can learn at their own pace, at their own pace, and customize their journey based on the emerging demands they face as they navigate the world of work. Second, the courses are deeply practical and designed in conjunction with market-leading organizations to ensure they are industry-relevant,” he said.

TECH PERSONALITY OF THE WEEK
Maya Horgan Famodu
This week’s tech personality is Ingressive Capital founder and partner Maya Horgan Famodu. Famodu is also a venture capitalist and the co-founder of Ingressive for Good.
Ingressive Capital is a $10m venture capital fund focused on early-stage African technologies.
It invests in bright and resourceful founders with demonstrated courage in building technology-driven businesses in sub-Saharan Africa.
Ingressive for Good is a non-profit initiative that provides micro-scholarships, technical skills training, and talent placement.
She also founded Ingressive, a consulting firm providing market entry, technology research, market operations and technology research services for companies and businesses growing in Africa.
Maya was listed among the “10 Inspirational Women Leading Nigeria’s Tech Ecosystem” in 2019. She also appeared on the Forbes Africa 30 under 30 lists in 2018 in the technology category.