Mastercard Foundation commits $2.3mn to support Rwandan SMEs during COVID-19

The Mastercard Foundation has committed $2.3 million for the COVID-19 Recovery and Resilience Program to support Rwandan businesses to overcome COVID-19 negative impact. This will be distributed as direct relief grants through the Inkomoko Relief Fund to 3,500 SMEs, including 1,000 entrepreneurs within refugee communities. Julienne Oyler, CEO of African Entrepreneur Collective joins CNBC Africa for more.

Fri Jun 19 2020 | 10:48:48 GMT+0000 (Coordinated Universal Time)

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.