Old Mutual, Safaricom (Mpesa Go) and the Kenya Institute of Curriculum Development (KICD) have launched a financial literacy online toolkit aimed at junior and senior school students. This initiative is designed to complement the efforts to integrate financial literacy skills into school curricula, enabling young learners to navigate financial management effectively in the digital age. The toolkit follows Old Mutual’s introduction of a teachers' training platform earlier this year, which aims to equip educators with the skills necessary to impart financial knowledge to students.

In his remarks, Arthur Oginga, Group CEO Old Mutual stated, “We must act now to nurture a healthy relationship between young people and money, promote financial resilience, and cultivate overall financial wellness. Without proper preparation, we risk perpetuating a cycle of instability for the next generations. By prioritizing financial education, we will empower these young individuals to develop sound financial habits that will serve them throughout their lives. This is why we are investing resources to support integration of financial education across curricula.”

“The partnership between Old Mutual and Safaricom signifies the potential of leveraging each organization's unique strengths to foster positive change in our communities. Our shared commitment to digital innovation and a deep understanding of the financial landscape enables us to develop impactful solutions that improve lives”, said Arthur Oginga,

“By prioritizing financial education, we will empower our young learners to develop sound financial habits that will serve them throughout their lives. This is why we are investing resources to support integration of financial education across curricula,” he added.

Esther Waititu, Chief Financial Services Officer at Safaricom PLC, emphasized the transformation of Kenya's financial ecosystem over the past decade, highlighting the importance of financial literacy for a healthy society. She stated that building financial capabilities among youth is crucial for economic growth and stability. The toolkit aims to help young people develop sound financial habits, such as saving and wise investing, ultimately reducing their vulnerability to fraud. The toolkit is now available for download on the M-PESA Go and Old Mutual websites, making it easily accessible for learners. This initiative is part of a broader effort to mainstream financial education within existing school curricula, ensuring that Kenya's youth are well-prepared to manage their finances in an increasingly digital world.