Ghana

2019 Ghana Global Money Week

LEADING ORGANISATIONS:

  • AIESEC Ghana
  • Jamilullah Farm Enterprise

PARTICIPATING ORGANISATIONS:

  • 8 Schools, Access Bank Ghana, Ticheli Primary School

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 884

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • 2 050

AIESEC Ghana
To celebrate GMW2019, AIESEC Ghana and its partners organised financial literacy awareness sessions, which were offered to children, youth and adults, on topics such as why money matters matter, investment, budgeting, and saving. During the Week, high-level discussions, seminars, and other educational sessions were organised, ensuring that young people across the country could engage in financial education, to learn about the impact saving has on individuals, societies and communities. Additionally, high school students had the opportunity to visit banks, to learn how the banking system works, the products that they offer, and the importance of saving at an early age.

Jamilullah Farm Enterprise
For this year’s Global Money Week celebrations, Jamilullah Farm Enterprise organised two workshops for students in rural communities in Northern Ghana. The workshops were aimed at educating the students on the importance of saving and strategies that could be used to develop effective saving habits. The topics discussed included earning money, making wise-spending decisions, importance of saving, and setting good saving goals and achieving them.


2018 Ghana Global Money Week

LEADING ORGANISATIONS:

  • AIESEC Ghana
  • Concern for Action in Our Community - Ghana (CONFAC-GH), B.C Bencyn Susu Enterprise
  • Junior Achievement Ghana
  • The Young Investors' Network (YIN)

PARTICIPATING ORGANISATIONS:

Abatey Junior High School, ADB Bank, Alpha Beta Education Centers, Awe Senior High School, Azaasi L/A Primary School, Fast Link Micro Finance, FFI Business Network, Foundation for Financial Inclusion, GCB Bank, GN Bank, Ghana Stock Exchange, Institute of Entrepreneurship and small Business Development, Multiple branches of AIESEC Ghana, Naara Rural Bank, Nabina Community Development Radio (Nabina FM), Navrongo Secondary School, Pesewa Global, Prudential Insurance, Queen of Peace Academy, Sirigu Senior High School, St. John Boscos Practice School, St. Johns Integrated High School, University for Development Studies, Vunania Junior High School, Young Investors Academy, Young Investors Professional, Youth Dream Foundation, 20 schools, 2 media organisations, 3 universities

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 4 042

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • 232 200

Junior Achievement Ghana
Towards the end of GMW2018, Primary Four students of Alpha Beta Education Centers had their last session and graduated from the JA Cha-Ching Curriculum; a financial literacy programme that instills the concepts of earn, save, spend and donate to Primary Four children. Through hands-on activities and the aid of volunteers, students took lessons, one hour every week, for six consecutive weeks. The first week's lessons started with an introduction of all the Cha-Ching Concepts thus Earn, Save, Spend and Donate. In the subsequent weeks, each concept was delved into extensively. For the last week (last session), there's a recap of all the Cha-Ching concepts as well as a presentation of certificates of achievements to all participants.

AIESEC Ghana
To celebrate Global Money Week 2018, AIESEC Ghana and their partners visited 12 schools and reached 600 children with financial education. During the Week, financial literacy awareness sessions were offered for children, youth and adults, including sessions on why money matters matter, investment, budgeting, and savings. High-level discussions, seminars, and other educational sessions were organised during the Week, meaning young people all over Ghana could engage in financial education, learning about the importance of savings for individuals, societies and communities. Furthermore, during GMW2018, university students had the opportunity to attend all the events organised across various Junior High Schools.At the close of the week, competitions were held in the participating schools to test the impact of the GMW celebrations.

Concern for Action in Our Community - Ghana (CONFAC-GH), B.C Bencyn Susu Enterprise
Children and youth from around Navrongo celebrated GMW2018 for the first time with the help of a youth-led organisation, Concern for Action in Our Community - Ghana (CONFAC-GH). The campaign was launched with a radio discussion on the inclusion of children and youth on financial matters. The General Manager of GCB Bank branch in Navrongo accompanied the team to selected schools in area. The schools were educated on financial literacy and the need to start saving. CONFAC-GH led a team to campaign around Navrongo and its local communities. A radio discussion programme was also held by B.C Bencyn Susu Enterprise on Nabina Community Development Radio. Children had the chance to play and learn about money and its importance. Children learnt about the history of Piggy banks and the importance of savings. The highlight of the campaign was a Money Education Fair held at University for Development Studies and hosted by the Students Representatives Council. The organisers were happy to be part of the GMW2018 campaign and are looking forward to next year’s celebrations.

The Young Investors' Network (YIN)
In Ghana, YIN organised multiple events for the GMW2018 celebrations with more than 10 supporting organisations. The Week was launched with some selected media organisations in Ghana. Before the Week began, YIN organised a financial literacy training programme for over 3000 tertiary students in Ghana. These students proceeded to facilitate sessions during the Week to students in local Junior and High Schools. The Network also organised several savings and investment book fairs in schools. Through YIN trained the female entrepreneur group, FFI, on money topics and the women attended the Ghana Stock Exchange to learn about the listing on the Ghana Alternative Market, where small and medium companies can raise money. The Week was also used to launch the Micro-Enterprise Investment Fund for young entrepreneurs in Ghana and the Financial Edughana Campaign, which focuses on training and workshops for the informal sector in Ghana.


2017 Ghana Global Money Week

LEADING ORGANISATIONS:

PARTICIPATING ORGANISATIONS:

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 2703

NUMBER OF CHILDREN REACHED INDIRECTLY:

  • 1 145 909

Throughout Global Money Week 2017, AIESEC Ghana along with financial institution partners, reached children and youth through numerous of exciting and interesting events, such as visits of banking officials to junior and senior high schools in four regions in Ghana. The financial awareness sessions offered to children and youth in schools included sessions on spending, account creation, earning and saving, money box creation and a savings challenge. Furthermore, high-level discussions, seminars and educational sessions were organised on campuses to engage adults on the theme of the GMW 2017. Young people were given the chance to engage themselves at the GMW exhibition stands on and off campus to learn more about the Learn. Save. Earn. theme. AIESEC Ghana closed the week by holding a financial fair at various university campuses.

Throughout Global Money Week 2017, PITS, a local youth organisation, reached Ghanaian children and youth through financial education sessions, competitions and visits to financial institutions. PITS launched GMW at Pedu, a Montessori school, where students participated in a session with the proprietress of the school discussing the importance of savings and money (susu) boxes that help them develop a responsible savings habit. As part of the launch, an essay competition on the topic “the importance of saving” and a drawing competition about the theme of GMW2017 were organised. Throughout the Week, students had the opportunity to save using the GMW money box, which was placed at the forecourt of the school, while also learning about spending, saving money and creating a budget. PITS also promoted the GMW agenda on the radio to create money-awareness and educate the public on the importance of savings. Furthermore, students visited UNIBANK in Cape Coast, where they were introduced to the modus operandi of the bank, as well as services specific to children and youth. They also visited the Business Incubator at the Center for Entrepreneurship and Small Enterprise Development (CESED), at the School of Business of the University of Cape Coast, for an entrepreneurial seminar. The celebrations were marked with a financial fair held at a Montessori school, where the winners of the essay and drawing competitions were awarded, and the GMW Money Box was opened to show how small sums of money could amount to a lot within a few days of consistent saving.

Additionally, Young Investors’ Network (YIN) began celebrating GMW 2017 through a pre-GMW event - a Train the Trainer programme that focused on training selected student volunteers from three universities who would serve as peer educators and mentors to the junior high and senior high school students. The training programme started on 27 March with the Presbyterian Junior High School, and continued with various other schools during the Week. On 29 March, an educational tour to financial institutions was organised for junior high school students to expose participants to the operation of the banks. On 30 March, GMW was celebrated with additional junior high schools in the Greater Accra, after which some students were selected to participate in a Quiz Competition. YIN closed the Week with a summit and an awards ceremony on 31 March, involving all stakeholders in the financial industry to discuss the business case for child and youth friendly savings accounts. On 1 April, the summit targeted college students and provided a platform for youth to discuss personal financial education.


2016 Ghana Money Week

LEAD ORGANISATION:

  • Microfinance and Small Loans Center (MASLOC)

PARTICIPANTS:

  • Camfed Ghana, AIESEC Ghana, Ihope, Oak Foundation, HFC Bank, Fidelity Bank and Greepec Consult Hope

DATE OF THE EVENT:

  • 14th - 20th of March

TOTAL NUMBER OF CHILDREN AND YOUTH ENGAGED:

  • 1 550

The Microfinance and Small Loan Center (MASLOC), a microfinance unit under the Office of the Ghanaian president, will lead the Global Money Week campaign in Ghana. The unit, which is an apex body responsible for implementing the Government of Ghana's microfinance programs aimed at reducing poverty and creating jobs and wealth, will plan to carry out a financial literacy workshop during the Week. In addition to the activities that will be organised by MASLOC, NGOs and youth development organisations such as Ihope, Oak Foundation, Camfed Ghana and Greepec Consult are expected to observe the Week. Activities planned by these organisations will include financial literacy and entrepreneurship radio campaigns, quizzes, visits to financial institutions and corporate bodies, as well as the launch of a piggy bank project.


2015 Ghana Money Week

PARTICIPANTS:

  • Camfed, AIESEC Ghana

DATE OF THE EVENT:

  • 9th - 17th of March

NUMBER OF CHILDREN REACHED:

  • 500

Camfed Ghana and AIESEC in Ghana led the Global Money Week 2015 campaign in Ghana. During Global Money Week, CAMA’s (Camfed’s alumnae association) core trainers and peer educators in financial literacy appeared on radio shows across the Northern region, talking about the benefits of financial literacy. In Tamale, young women collaborated with bank officials to undertake a financial literacy campaign. CAMA’s peer educators also delivered their financial literacy sessions in rural schools, talking about earning money, saving, budgeting and banking.

AIESEC Ghana marked the week at the Kids Paradise School in Kwabenya, where it organised financial literacy training sessions for students.


2014 Ghana Money Week

PARTICIPANTS:

DATE OF THE EVENT:

  • 12th - 15th of March

NUMBER OF CHILDREN REACHED:

  • 2 760

PRESS:

Global Money Week in Ghana was celebrated with an array of different events organised by various financial and social organisations. The HFC Bank in collaboration with Save the Children Ghana and Head of State Award Scheme invited approximately 260 students from public high schools to visit HFC bank branches in Takoradi, Kumasi, Labone, Nkoranza, Koforidua and Accra throughout the week for a bank open house day. The visits included a special tour of the bank branches and a ‘question and answer’ session about savings The top 3 savers per frequency from each selected school were given an award during the school's morning assembly before the visit to the bank.

AIESEC Ghana, an internationally known youth-led non-profit organisation which provides leadership training and internships for the youth, visited the Adenta Community School and North Legon School Complex to give a talk on savings to about 500 primary and junior high school students with the help of Unibank.

In the spirit of GMW, members of the Camfed network presented a financial literacy radio programme on Zaa Radio. The programme is estimated to have had a reach of over one million people. They discussed a variety of topics live on air, including budgeting, how to earn money, savings, and preventing the phenomenon of ‘kayayo’ (young women who leave their communities to become porters in urban centers, which increases their vulnerability to exploitation and abuse), and how financial literacy directly affects women’s rights. It’s a show directed at young women but the radio programme has a much wider variety of listeners.


2013 Ghana Money Week

NAME OF THE ORGANISING ENTITY:

  • The Head of State Award Scheme

DATE OF THE EVENT:

  • 15th - 21st of March

NUMBER OF CHILDREN REACHED:

  • 10 000

Global Money Week Ghana was marked by a number of financial educational activities aiming to ensure financial education and inclusion of young Ghanaians. More than 8 000 children and youth were involved in the week of celebration with four distinct events: the Youth Save Fair, the “Own Your Account” Exhibition, a Youth Debate and the Financial Advisory open day.

The Youth Save Fair was an interaction platform for students. It educated on financial matters especially on how, when, where and what to save. The fair was held in four selected schools in which students were involved in demonstrations, interviews, entertainments and talks. The “Own Your Account” Exhibition was an interactive exhibition for students, which enabled them to open and their own account and start saving through HFC’s Enidaso. Over 1.000 accounts were opened by the students, a good start to children’s and youth’s savings. A Youth Debate took place on the topic of “Encouraging Banking for Young People Can Be Harmful”. It was held between students of Labone Senior High School and Accra High Schools as they look at the pros and cons of youth saving in Ghanaian cultural perspective. The result occurred maximum awareness among young people.

A Financial Advisory Open Day was hosted by the Boys’ Brigade at churches. With the support from HFC bank, a free financial advisory platform was created to advise and answer issues, financial matters and products.

“I have just realized that owning an account is not just for adults but for everyone who wants to have a secure future. I am going to open one so I can save all my coins for investment after school,” commented a school-aged youth.

“I am going to spend my money wisely from today“ said another.

Name of organising entity - Camfed Ghana

Camfed Ghana also joined the celebrations of Global Money Week by reaching more than 860 000 listeners through a radio programme organised by young women. During the week, young women in Ghana trained 291 young people in their communities by providing financial literacy lessons.