Octagon Africa Hosts Financial Literacy Training Session for Youth
Octagon Africa, a leading financial services provider in the region, is inviting young people between the ages of 8 and 22 to attend a financial literacy training session on December 15, 2022. The program is designed to increase financial literacy among Kenyan youth and teens, encouraging a culture of saving in the country. The training will be delivered virtually by experienced financial experts, with sessions for those aged 16 to 22 taking place from 10:00 am to 12:00 pm, and sessions for those aged 8 to 15 happening from 4:00 pm to 6:00 pm.
Octagon Africa Group CEO Fred Waswa emphasized the importance of building foundational financial literacy skills among youth, saying, “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.”
Octagon Africa has previously held financial literacy training courses for youth and teens, especially during holidays, and has already trained over 1,000 young people in Kenya, Uganda, and Zambia. The company’s goal is to eventually train at least 2,000 young people. Octagon Africa General Manager of Marketing, Business and Product Development, Davis Ongiro, stated, “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. Financial literacy is a crucial skill in every stage of life, more so for young people today.” He added that financial literacy is important for improving individual financial behaviour, preventing over-indebtedness, and promoting overall financial resilience.
Octagon Africa Financial Services has held several training courses for youth and teens, especially during holidays. Over 1,000 have benefited from the financial literacy training in Kenya, Uganda, and Zambia. The company has a target to train at least 2,000 young people over time.
Octagon Africa General Manager Marketing, Business and Product Development Davis Ongiro said: “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. 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,” Davis added.
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