M-PESA GO, Old Mutual, and the Kenya Institute of Curriculum Development (KICD) have partnered to unveil an online financial literacy toolkit aimed at equipping Kenya’s youth with essential financial skills.

The online toolkit, designed for students, follows the launch of a teacher training platform earlier this year.

The platform equips educators with the tools necessary to impart financial knowledge to the next generation, helping them make informed money decisions.

This initiative is in line with the growing need to ensure that young people in Kenya are financially literate, particularly as the country’s financial ecosystem evolves rapidly with the rise of digital finance.

Esther Waititu, Chief Financial Services Officer at Safaricom, emphasized the importance of financial literacy in shaping a stable and prosperous society.

“Given Kenya’s youthful population, it’s crucial to focus on building financial capability among young people,” she said.

Old Mutual CEO Arthur Oginga on his part highlighted the importance of financial education in his remarks.

“We must act now to foster a healthy relationship between young people and money, promoting financial resilience and well-being. Without proper preparation, we risk perpetuating a cycle of instability for future generations,” he said.

The toolkit includes engaging, interactive sessions and gamified digital experiences that allow students to interact with financial professionals, creating a dynamic learning environment.