2017 Benin Global Money Week
- Leading Organizations:
- AIESEC in Benin,
- Participating Organizations: Bank of Africa, Coris Bank International, Diamond bank, Ecobank, Ecole Supérieure Sainte Félicité, (ESSF) Fonds National de Microfinance (FNM), Haute Ecole de Commerce et de Management (HECM), Institut Supérieur de Management Adonaï (ISM Adonaï), Ministère de l’Economie et des Finances, Ministère du plan et du développement, Orabank, SGI Africabourse, United Bank of Africa (UBA-Bénin), Université d’Abomey-Calavi (UAC), UATM Gasa formation, BB24 (Télévision) , Ecole Normale Supérieure de Porto-Novo (ENS Porto-Novo), Ecole Nationale d’Economie Appliquée et de Management (ENEAM), Moov Money , MTN Mobile Money , ORTB (Télévision) , Rigth to play , UNCDF
- Leading Organizations: AIESEC in Benin Eurafrik Humanitarian Organization of Mercy
- Participating Organizations: CPEC Microfinance BRV Benin MOOV Benin Association Miman Foundation Zola Ecole Nationale d’Economie Appliquée et de Management (ENEAM) Institut Supérieur de Management (ISM)
- Date of the event: 14th - 19th of March
- Total number of children & youth engaged: 150
During Global Money Week 2017, AIESEC and EurAfric, along with several partners, plans to reach 500 children and youth through visits to banks. During GMW 2017, Financial literacy awareness sessions will be offered to children and youth. These will include sessions about the importance to have a saving account and the importance of financial markets.
The highlight of the inaugural conference will be the official launch ceremony of the GMW week and a conference about the theme of GMW 2017. In a practical way, the inaugural conference will bring together all actors and stakeholders intervening in one way or another on the celebration of the official launch of GMW 2017 in Benin.
During the week, conferences about “Training students in Banking and Financial Markets” will be held in universities, where various documents will be presented by finance specialists on topics such as financial inclusion and banking, microfinance, mobile money, Digital Banking and stock market.
Primary and secondary school students and young students will visit banks and other financial institutions to learn about their role, how they work and how they interact with the monetary authority BCEAO. These young people will also be trained in Education for Economic Citizenship (ECE) where they will receive basic training adapted to their level of concept of saving.
The whole event will be spread by the media and there will be programs about Education for Economic Citizenship for the awareness campaign to reach more people.
2016 Benin Global Money Week
Various civil society organizations successfully joined forces to help implement GMW2016 celebrations in Benin for the first time! The coalition of leading organizations set up an extensive GMW program, starting on 14 March, to bring the topics of financial education and inclusion closer to the Beninese.
AIESEC Benin already introduced Global Money Week on national television (ORTB) on Sunday 13 March 2016, and a radio talk show specially dedicated to GMW took place to announce the Week during a radio program focusing on youth education. Several young people called this show to participate in the debate, thus showing the interest of the youth in this matter. This media coverage helped to raise awareness about financial inclusion issues and advertised GMW events.
On 16 and 18 March, the GMW partners held saving shops in schools – students participated in a “saving shop” challenge (a practical competition to teach youth to save while shopping). This challenge helped them understand the value of money and develop critical thinking, decision making, team work, leadership, communication and savings skills. In addition, students took part in financial workshops in Cotonou and Calavi. Various financial institutions, such as microfinance, investments and mobile money firms, were invited to give advice to students on savings and investments. The workshops also served as career advisory centers for high school students who may be seeking for a career in the finance sector in the future. The workshops were hosted by two universities as well to address university students and to inform them about financial services and budget creation, as well as youth funding and micro-entrepreneurship.
The extent of this program ensured an exciting first Global Money Week in Benin!