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The Mastercard Foundation and the Institut Pastuer De Dakar (IDP) have unveiled a $45 million partnership to strengthen Africa’s healthcare infrastructure and foster vaccine manufacturing autonomy.
The collaboration aims to bolster the continent’s vaccine manufacturing capabilities and enhance its preparedness for future health crises. The investment will be strategically utilized to support the development of vaccine manufacturing hubs across Africa. These hubs will serve as centers of excellence, equipped with state-of-the-art infrastructure, advanced technology, and research facilities to facilitate vaccine production, distribution, and quality control.
Through this partnership, the Mastercard Foundation and IDP aim to foster collaboration among African nations, academia, research institutions, and the private sector. The objective is to create a robust ecosystem that promotes knowledge sharing, skills development, and technology transfer, ultimately enabling Africa to produce safe, affordable, and effective vaccines locally.

Kofa, a Ghanaian startup pioneering Africa’s first multi-use, swappable battery network, has announced the planned launch of its second-generation Kore 2 Swap & Go network.

The UK and PwC, in collaboration with the UK-Kenya Tech Hub, have introduced a new digital toolkit designed to assist entrepreneurs in accessing markets in Kenya, Nigeria, and South Africa.

African startups and growth companies raised $224 million in July, lifting total funding for the first seven months of 2026 to $1.66 billion.