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Washington Post: Mastercard Foundation donates $1.3 billion to boost Africa’s coronavirus response

June 8, 2021

From the article:

"Amanda Glassman, executive vice president at the D.C.-based Center for Global Development, praised the decision to route the funding through the Africa CDC, which she said had played a growing role in coordinating the continent’s response to the pandemic. The five-year-old organization, which is modeled on the United States’ CDC, has helped set standards and provide public health governance, she said.

'It’s good to see that [the funding] is going to a regional institution, especially because we see cases going up in sub-Saharan Africa,' Glassman said.

Mastercard has separately committed nearly $100 million in corporate donations to boost the global coronavirus response, including a partnership with Gavi, the vaccine alliance, to improve global access to the shots, and last year’s launch of the COVID-19 Therapeutics Accelerator with the Gates Foundation and Wellcome Trust, intended to expedite development of coronavirus treatments.

Mastercard executives also said the company will create incentives to help address vaccine hesitancy in the United States, using the company’s decades-old 'Priceless; marketing campaign."

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Executive Vice President of CGD, CEO of CGD Europe, and Senior Fellow