Access Bank Plc has joined forces with 9ijakids and Kidpreneur Africa to empower over 90,000 African children with essential financial management skills across Nigeria and five other countries.
In a statement, the lender highlighted the critical need for financial education among African youth, citing data from the United Nations Educational, Scientific and Cultural Organisation (UNESCO) showing low financial literacy rates among African children.
During the recent Global Money Week in March, Access Bank revealed its milestone achievement of empowering over 70,000 children in Nigeria and other African countries including Ghana, Zambia, Botswana, Cameroon, and Kenya. The initiative involved financial literacy talks, distribution of educational resources, and interactive games with cash prizes totaling over N2,000,000.
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Omobolanle Victor-Laniyan, Head of Sustainability at Access Bank, emphasized the importance of financial literacy in fostering a sustainable economy. She stated, “By equipping children with financial management skills, we are not only securing their future but also laying the groundwork for economic prosperity and development.”
Victor-Laniyan highlighted the comprehensive financial literacy training provided during awareness sessions, covering topics such as saving, investing, and earning. Access Bank facilitated account openings at session locations to promote early savings habits and financial inclusion for African children.
One success story shared during the campaign was Blessing Collins, a student of Aguda Senior Grammar School, who participated in last year’s Financial Literacy Campaign organized by Access Bank. Collins utilized her financial literacy knowledge to start her own business selling coconut chips, demonstrating the transformative impact of such initiatives on the lives of African children.
Looking ahead, Victor-Laniyan announced plans to support 25 schools in setting up financial literacy clubs to further enhance financial education among African youth. Access Bank remains committed to empowering the next generation with essential financial management skills to build a brighter future for Africa.
