Financial Literacy Training: 1,500 Kenyan High Schoolers To Benefit From Initiative

Over 1,500 high school students across the East and Southern African region will benefit from financial literacy training in a bid to cultivate a healthy savings culture.

Octagon Africa, through the first virtual financial literacy training, themed Starting now for a better future, aims to educate the students on understanding money, budgeting and saving.

An analysis by EFG Hermes reveals that Africa’s saving rate stands at an average of 17 per cent with Kenya’s saving rate at 12 per cent, half of the average for low-income countries.

The free financial literacy training for high school students is part of Octagon’s social responsibility to contribute to the region’s pension uptake across youth, employed and informal groups.