Cape Verde

2018 Cape Verde Global Money Week

LEADING ORGANIZATIONS:

  • Association for the Promotion of Financial Education (PROFIN)

PARTICIPATING ORGANIZATIONS:

  • Association for Consumer Protection (ADECO), Association of Young Economists (AJECON), Camara Municipal of Santa Cruz (CMSC), Comunitária de Ponta d’água Radio, Comunitária de Santa Cruz Radio, Delegation of the Ministry of Education in Santa Cruz, Educativa Radio, Movimento Jovens pela Paz (Youth Movement for Peace), Programa OPORTUNIDADES, Regional Commission of Partners of Santiago Norte, Universidade de Cabo Verde/Escola de negócios, 18 schools

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 1 150

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • 4 000

Association for the Promotion of Financial Education (PROFIN)
Cape Verde has regularly participated in Global Money Week and a huge event was organized in the municipality of Santa Cruz for the 2018 edition. Coordinated by PROFIN with the support of the Municipality and a delegation of the Ministry of Education, financial education workshops were dedicated to all children in grades 5 and 6 (aged 10 and 11). Children learned how to use money responsibly and were introduced to the importance of saving and making wise money choices. The municipality of Santa Cruz is home to the poorest communities in the country but also to the greatest potential for development. The concentration of most GMW2018 activities in this community benefited children who are at a critical stage in their education. By taking part in these activities, children can spread their financial knowledge in their homes and neighborhoods. Throughout the Week, 85 adults took part in three training sessions where they learned how to raise awareness on the importance of financial education, to improve the quality of life of families, and to support entrepreneurs. The trainees participated in the campaign in Santa Cruz, which benefited all the elementary schools in the area. Financial Education workshops were held for students in grades 10 and 11 (aged 15 to 17). Thanks to radio stations, the message was spread across the population about the importance of money and the need to take responsibility for a better and more prosperous future. Cape Verde is a country with great ambitions but, in many cases, families are not able to save and find themselves in debt. GWM is an important annual event that raises awareness among the population on the importance of money in their lives and allow them to effectively participate in the country's development. The participation of the Association of Young Economists (AJECON) was essential in achieving the widespread results.


2017 Cape Verde Global Money Week

LEADING ORGANIZATION:

  • LIFE - Association for financial literacy promotion

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 500

LIFE - Association for financial literacy promotion launched GMW 2017 with 50 kids in Safende Neigbour on 27 March 2017. Other activities organized as part of the GMW 2017 celebrations were the conference for college students on 28 March and an educational session with youth in a community center on 29 March. 1 April marked the most festive day of Global Money Week celebrations in Cape Verde with many fun and educational activities for children and youth, including radio talk shows with kids about financial literacy and a football match with 200 kids to raise money awareness!

2016 Cape Verde Global Money Week

LEADING ORGANIZATIONS:

  • Cape Verde National Poverty Alleviation Program

PARTICIPATING ORGANIZATIONS:

  • Elementary School of Safende
  • Group of young artists of Praia City

DATE OF THE EVENT:

  • 14th - 20th of March

TOTAL NUMBER OF CHILDREN AND YOUTH ENGAGED:

  • 32

Cape Verde joined the Global Money Week celebrations for the first time this year, with three days of activities planned in the capital between the 16 - 18 March. On Wednesday, a session on the topic “Money as a friend for youth” was held for students between 13 and 18 years of age. The students also had some time allotted for them to ask their questions after the presentation about GMW, the origins of money and the importance of saving. The following day, the same session was hosted by the Elementary School of Safende, for children between 10 and 12 years of age. Finally, a workshop on the theme “Earn, manage and save money” took place for a group of young artists.