A life-changing opportunity awaits young African professionals with leadership potential and a passion for driving change on the continent. Applications are now open for the 2026 Mastercard Foundation AfOx Scholarship Programme, a prestigious and fully funded pathway to study at the University of Oxford, one of the world’s leading academic institutions.
This scholarship is delivered through a powerful partnership between the Mastercard Foundation, the Africa Oxford Initiative (AfOx), and the Saïd Business School Foundation. It is specifically tailored to support up to seven African nationals pursuing an MBA at Oxford’s Saïd Business School in the 2026–2027 academic year.
More than just a financial award, the AfOx Mastercard Scholarship offers a platform to shape global conversations, expand your impact, and build long-term networks with like-minded changemakers. Scholars benefit from Oxford’s academic excellence, a vibrant pan-African community, and a personalised support system throughout their journey.
What is the AfOx Mastercard Foundation Scholarship?
This Mastercard Foundation Scholars Program at Oxford University is dedicated to supporting bright African students who are passionate about making a real difference in their communities.
This scholarship goes beyond covering tuition and living expenses; it’s about helping you grow as a leader through mentorship and entrepreneurship training and connecting you to a vibrant global network.
What’s truly inspiring is the program’s commitment to inclusion, ensuring that women, refugees, and students with disabilities receive the support they need. This reflects the shared values of empathy and community from both the Mastercard Foundation and the African Oxford Initiative (AfOx).
One of the standout features is the Ubuntu Period of Service. After completing your degree, you get the chance to apply your skills to meaningful projects across Africa, making a tangible impact where it matters most.
You can also read: Apply for the Clarendon Scholarships at the University of Oxford (Fully Funded)
What does the AfOx Mastercard Scholarship Cover?
Once you qualify, you’re getting the full package—literally. The Oxford Mastercard Foundation Scholarship covers:
- Full tuition fees for your Master’s program
- Monthly living allowance to cover everyday expenses
- Visa application fees plus a settling-in allowance
- Return flights to and from the UK
- Ongoing academic and emotional support during your studies
- Access to a lifelong network of African innovators and leaders
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Who is Eligible?
You can apply if:
- You are a citizen of an African country (Nigerians, this is for you!)
- You live in Africa and intend to return after completing your studies
- You have an excellent academic record and a completed (or soon-to-be-completed) Bachelor’s degree
- You’re applying for an eligible full-time Master’s program at Oxford
- You can clearly show how your work/study will benefit your community or country
Which Courses are Eligible?
The scholarship doesn’t cover every course, only those that fit with the Mastercard Foundation’s goal of promoting inclusive and sustainable development across Africa.
Examples of eligible programs:
- MSc in Education
- MSc in African Studies
- MSc in Environmental Change and Management
- Master of Public Policy (MPP)
- MSc in Refugee and Forced Migration Studies
- MSc in Global Governance and Diplomacy
- MSc in Sustainability, Enterprise, and the Environment, etc.
Click here to explore the list of eligible programs further
How to Apply for the AfOx Mastercard Foundation Scholarship (Step-by-Step)
1. Choose an eligible course at Oxford (see more details here).
2. Prepare the required documents:
- Academic transcripts
- Updated CV/resume
- Personal statement
- Two academic references
- A separate Mastercard Foundation Scholarship statement
3. Submit your Oxford University application via their online portal.
4. During your application, under the “Funding” section, make sure you select “Mastercard Foundation Scholarship” for consideration.
You do not need to apply separately for the scholarship; tick the box during your course application.
SEE ALSO: Commonwealth Professional Fellowships 2026 for Mid-Career Professionals
Application Deadline
The Deadline to apply for the Mastercard Foundation AfOx Scholarship Programme is January 6, 2026.
APPLY FOR AfOx MBA SCHOLARSHIPS
This is a rare chance for you to study at Oxford and be part of an amazing community of African changemakers. With full support, great mentorship, and a global network behind you, the Mastercard Foundation Scholarship is designed to help you grow your skills and create a real impact back home.
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