CGD in the News

With Focus on Africa, New DFC and Mastercard Collaboration to Provide up to $50 Million in Potential Financing to Enable Digitization and Financial Inclusion

December 16, 2022

Mastercard aims to reach 15 million Community Pass users in Africa, and 30 million users in total, by 2027. By growing the network of financial institutions and service providers on the Community Pass platform, this collaboration between DFC and Mastercard seeks to increase access to critical services in underserved communities, with the broader goal of building a more inclusive and sustainable digital economy for all.