Global Money Week

2017 Togo Global Money Week

Leading Organizations:
Innovation and Connexion World group ( ICW group)
the association Mérite Internationale de la Jeunesse-Togo ( MIJ-Togo)

Participating Organizations:
MINISTÈRE DE LA COMMUNICATION, DE LA CULTURE, DES SPORTS ET DE LA FORMATION CIVIQUE
Chambre du Commerce et d’Industrie du Togo
Afrikpro
Blueline Togo
Bolloré Transport & Logistics
Antenne Nationale de Bourse Togo-BRVM Togo
Concertation Nationale de la Société Civile ( CNSC-Togo)
Radio Lomé
Togo Terminal
Orabank
Cabinet AKHOMA Coaching
Synergie Nationale des Jeunes Investisseurs du Togo ( NASYI-Togo)

Number of children reached directly: 150
Number of children reached Indirectly: 5000 +

During Global Money Week 2017, ICW group and MIJ Togo in collaboration with more than 11 partners, have planned to reach 5,000 young people and children.

The first part of GMW in Togo was based on conferences and panel discussions. A key topic of these panel discussions was ‘Finance for children and youth in Togo: challenges and perspectives’. The accountant of the CNSC Togo, the financial director of the chamber of commerce of Togo, and the director of ICW group lead the discussion. During the panel youth participants talked about their financial needs.

The other panels focused on the role of the youth in the sustainable economic growth of the state and the social economy. These discussions were led by a coach in social entrepreunarship.

The second part of GMW was based on trainings about finance and entrepreneurship. These trainings were held in 3 parts - the first part was about saving and was organized in partnership with Oranbank, the second training was themed “maximize your potential” and was led by a successful entrepreneur in Togo, and the last training was about the role of the stock exchange and took place in the BRVM, the Stock Exchange in Togo.

The last part of GMW in Togo involved visits to institutions. Two visits were organized; to the Chamber of Commerce and Industry of Togo and to BRVM, the Togo Stock Exchange. These visits enabled the youth participants to discuss entrepreneurship and financial issues with staff and to understand the role of the stock market in a country’s financial markets.


2016 Togo Global Money Week

Leading Organizations:
Merite International de la Jeunesse du Togo

Participating Organizations:
Fonds National de la Finance Inclusive
Coopec-AD
Association Eliora
Lycée d'enseignement technique et professionnel de Lomé

Date of the event:
14th - 20th of March

Total number of children & youth engaged: 3 300
Total indirect reach: 3 075

For its fourth consecutive participation in Global Money Week, Merite International de la Jeunesse du Togo had many exciting activities planned for the Week! For example, a workshop was conducted with students to talk about money management and savings. Parents were also involved, with MIJ stressing out the importance of supporting their children and encouraging them to start saving. Parents really appreciated the initiative. In addition, a banking football game was organized for the youth in order to associate financial education with entertaining activities and so that children could learn in a fun an engaging way. Mérite International de la Jeunesse also took youth to visit the financial institutions Fonds National de la Finance Inclusive and Coopec-AD, so that the young people could become more familiar with their purpose and practices as financial institutions, and interact with professionals from the sector. Furthermore, Mérite International de la Jeunesse visited rural areas to raise awareness about the importance of financial education. These events allowed Togolese students to gain information and build knowledge about crucial financial concepts.


2015 Togo Global Money Week

Leading:
Mérite International de la Jeunesse – Togo (MIJ-Togo)
FESEN (Fédération des Syndicats de l’Education Nationale)
FUCEC-Togo (Institution de Micro-finance)
Participants:
Université de Lomé
Ecole Primaire Evangélique d’Avenou
Groupe « ELIORA »
Eglise Evangélique Presbytérienne du Togo, Paroisse district d’Avenou
Association Jeunesse Ouvrière Catholique de l’Eglise Catholique du Togo
Date of the event:
10th - 17th of March
Number of children reached:
2 000

The Global Money Week celebration this year in Togo was a joint effort of Fédération des Syndicats de l’Education Nationale (FESEN), Mérite International de la Jeunesse, FUSEC, a microfinance Institution (Through its Youth start Project) and the participation of four other institutions. The activities included an outreach campaign, a conference debate with children and youth from University of Lomé, l’Ecole primaire Evangélique d’Avenou and l’Association Jeunesse Ouvrière Catholique de l’Eglise Catholique du Togo; conference discussion with parents; workshops and training; awareness raising expedition at le Pic d’Agou (the highest mount in Togo) organized and lead by a group of students; theaters; and lunch discussion on the GMW theme etc. Discussions during the week focused on training children and youth on how they can make a saving plan and be organized to achieve their financial goal.

Organizers of the week long events are committed to continue the task of building sustainable and long term foundation for economic citizenship education programs for children and youth. It is one of the reasons why in addition to discussions with youth and children, awareness activities were conducted with adults (parents) on their role in supporting and inculcating a culture of saving. A total of 300 parents participated.

Moreover, foundation activities for school bank implementations were also conducted. Youth took part in a tour of financial institutions to learn more about the functioning of those institutions. Three financial institutions were visited (FUCEC-Togo; SACCO Echoppe; SACCO Solidarity). Young entrepreneurs who participated in the visit received the opportunity to make a presentation about their businesses to representatives of these institutions.

 

2014 Togo Global Money Week

Participants
Mérite International de la Jeunesse
Ecole Promo Sophia
Institut Polytechnique la Grâce de Dieu
Eglise Evangélique du Togo-Paroisse d’Avénou
Ecole Primaire de L’EEPT-Avenou
Lycée d’Enseignement Technique d’Adidogomé
Complexe scolaire le Cocotier
Institut Polytechnique du Golfe
Ministère du développement à la base et de l’Artisanat de la jeunesse et de l’emploi des jeunes
Ministère de l’enseignement technique de la formation professionnelle et de l’industrie
Institution de Microfinance FUCEC-TOGO
COOPEC AD
Association ASDEFCEG Agoè
Institution de Microfinance FECECAV
Date of the event:
10th – 17th of March
Number of children reached:
3 700

Togo celebrated Global Money Week from start to finish. The organization had activities planned for everyday of the week. Creative activities included an interactive drama about money; an expressive storytelling about the genesis of money; and a share-session where children expressed the dream which they would like to achieve with money that they save. Youth visited various businesses such as the microfinance institutions FECECAV and FUCEC, and small businesses such as a shoemaker and craft business. School students also visited government ministries who deal with child and youth financial education and inclusion. A football competition between schools created awareness amongst young people about the importance of financial education and inclusion. A game about winning and losing money was also played at schools. The organization encouraged youth to follow Global Money Week on Facebook by sharing pictures and videos of activities on Facebook. Workshops and financial education lessons, debates where arranged to teach children and youth about how they can become more financially savvy. Parents were sensitized about the importance of financial inclusion of children and youth.

 

2013 Togo Money Week

Name of organizing entity - Mérite International de la Jeunesse – Togo

Date of the event - 15th - 21st of March

Number of children reached - 3 000

The visit to banks was really appreciated by Headmasters in schools, and professional training centers. It widened the vision of young people about employment opportunities in banks. Children were amazed to discover video cameras in banks and get opportunities to talk to bank managers and other staff members; some of them entered a bank for the first time, opening a bank account and save on their personal saving account.

The theme of Global Money Week in Togo was “Financial Education and Entrepreneurship.” During the Week, activities were organized to give opportunities to children and young people to experience various aspects on financial education, access to financial services, and savings. This was accomplished by visits to banks and opening of new savings accounts – more than 1000 young people paid visit to 25 agencies of a Microfinance Institution named FUCEC-TOGO. Accompanied with this was the introduction of a savings bank for children in order to develop saving culture as an essential skill. Youth also participated in radio talk shows on the issue.

Financial education was also introduced with various games, competitions in music and dances, and artwork.

In order to ensure financial inclusion a conference at the Microfinance FUCEC-TOGO was held. During this week participants had the opportunity to chat with the Executive Secretary of UNCDF (United Nations Capital development Fund).

Click an image for full size