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Octagon Africa to resume financial literacy program for youngsters

‘Octagon Africa’, a leading regional financial services provider, has announced the resumption of its nation-wide literacy program targeted towards youths and teens, in which the training sessions are scheduled for 15th December 2022.

The Company announced the return of the programme, an intensive free career development program, aimed at leveling-up the financial literacy quotient among Kenyan youths and teens, to build a saving culture in the country.

The Campaign which targets over 2,000 primaries, high school and university students, aims to teach essential money management habits, which contribute to the financial well-being, resilience and prosperity of households and the greater community.

Speaking when he commissioned the programme in Nairobi, Octagon Africa Group Chief Executive Officer (CEO), Fred Waswa, said it is important to build foundational financial literacy skills among the youth, and Octagon is taking advantage of the school holidays to indulge the future generation into the future of financial prosperity.

“There has never been a better time than now to empower children with financial literacy. Good financial health may be hard to achieve, but it is not impossible, especially if people are taught how to manage their money from an early age. Growing-up with this knowledge will help them make better choices,” said Waswa.

“An empowered youth is essential to an equitable and sustainable economy in the long run. At Octagon Africa, we believe it is crucial to empower our young communities with the knowledge and skills, to effectively manage their finances in the future and provide them with a platform, where they can gain real-life experience to move forward in an efficient and sustained manner,” he added.

Octagon Africa General Manager Marketing, Business and Product Development, Davis Ongiro, stated that it is important that the young generation is taught to take advantage of new technology-driven financial services offerings, in addition to receiving basic financial literacy education.

He added that financial literacy is a crucial skill in every stage of life, more so for young people today.

“Financial literacy is a key component to improving individual financial behaviour, preventing over-indebtedness and ensuring overall financial resilience,” Ongiro reiterated.

Octagon Africa Financial Services, has held several training courses for youth and teens, especially during holidays, where over 1,000 have benefited from the financial literacy training in Kenya, Uganda, and Zambia.

These training sessions will be delivered virtually by highly experienced financial experts from 10:00 am to 12:00 pm respectively for ages 16 – 22years, while 8 – 15 years will have an afternoon session from 4:00 pm – 6:00 PM.

By Michael Omondi




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