The Mastercard Foundation has announced the launch of the Africa Higher Education for Transformation (AHEFT) Prize, a first-of-its-kind annual award, supported by a USD 500 million commitment over its first decade. The AHEFT Prize recognises African Universities that are driving sustained, systemic institution-wide transformation and expanding opportunities for young people.
The Prize’s inaugural winning institutions are Addis Ababa University (Ethiopia); the International Institute for Water and Environmental Engineering (Burkina Faso); Kwame Nkrumah University of Science and Technology (Ghana); Muni University (Uganda); and the University of Rwanda (Rwanda). Each recipient will receive USD 3 million to scale transformative work, through initiatives agreed with each institution to advance education opportunities for young people in Africa.
“For twenty years we have seen African institutions rethink what higher education can deliver. The AHEFT Prize turns that proof into momentum: we are backing homegrown excellence with a decade-long commitment, so that universities across the continent become engines of opportunity for millions of young people,” said Sewit Ahderom, President and CEO, Mastercard Foundation
African Universities Driving Transformation And Expanding Opportunities For Youth
The Addis Ababa University (AAU) of Ethiopia has been recognised for its ability to align research with national priorities, strengthen workforce development, and connect scientific knowledge directly to economic opportunity, public services, and community wellbeing. AAU’s integration with Tikur Anbessa Specialised Hospital, which serves approximately 884,000 patients annually, enables large-scale clinical training, research, and service delivery.
For its excellence in teaching and learning, the International Institute for Water and Environmental Engineering (2iE), Burkina Faso, has been recognised for driving innovation in practice-based engineering and technical education and demonstrating how hands-on, problem-driven learning can produce highly employable graduates. Established by 16 African countries operating in the Sahel region, 2iE has trained more than 13,000 graduates, with 70 per cent securing employment within 12 months of graduation and more than 95 percent remaining and working in Africa in sectors including water, climate, energy, and infrastructure.
The Kwame Nkrumah University of Science and Technology (KNUST), Ghana, has also been recognised for building one of Africa’s leading research-to-innovation ecosystems. Through platforms such as the Kumasi Business Incubator, Innovation Centre, and Technology Consultancy Centre, KNUST translates research into startups, industry solutions, and public impact, demonstrating how science, technology, and entrepreneurship can drive economic transformation and job creation.
Muni University (MU) of Uganda was also recognised for creating effective pathways from education to employment for refugees and underserved youth. Through its Refugee and Host Community Youth Empowerment and Transformation Initiative (RETI), the university has enabled up to 70 per cent of participants to secure employment within three months of completing the program.
The University of Rwanda (UR) was also recognised for its pivotal role in strengthening Rwanda’s health system and health workforce by training more than 26,000 health professionals. Its community-based training model reaches nearly 500,000 people through clinical placements, outreach programs, and university health services. Today, the University of Rwanda has evolved into a regional leader in digital health, vaccinology, biomedical engineering, and health systems innovation.
The AHEFT Prize recognises institutions delivering transformational impact across thematic categories including Teaching and Learning, Transitions to Employment, Research and Innovation, and Entrepreneurship or within priority sectors including Climate and Environment, Agriculture and Agri-food Systems, Health, and STEM/Digital/Artificial Intelligence. Over the next decade, the Prize will recognise and award at least 150 institutions in Africa.
“This is the moment to reimagine what higher education institutions can do as engines of human capital development – not only as a place of learning, but as a direct route to work, to economic participation, and to a better future for young people across Africa,’’ said Dr John Nkengasong, Executive Director, Higher Education Initiatives, Mastercard Foundation
The winning institutions will be awarded at the Higher Education Transformation Convening to be held in Accra, Ghana, on September 22, 2026.
The Mastercard Foundation is a registered Canadian charity, one of the largest foundations in the world, and the leading funder of education in Africa. It works with visionary organizations to enable young people in Africa and in Indigenous communities in Canada to access dignified and fulfilling work. Rooted in the belief that the potential of people is limitless, the Foundation’s strategy, Young Africa Works, is focused on ensuring that 30 million young people, particularly young women, have access to decent work by 2030. The Mastercard Foundation was established in 2006 through the generosity of Mastercard when it became a public company. The Foundation is independent, with its own Board of Directors and CEO.
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