Youth

A little over a month ago, we confirmed an exciting hypothesis  that it is actually possible to predict the propensity of success for Kenyan “hustlers” based on data mining and qualitative research

Kenyans’ reflections on security in the time of Covid-19

Shujaaz Inc. is a Kenyan communications research and production company. Formerly called Well Told Story, the company is the producer of “Shujaaz,” an award-winning media platform that provides open spaces – including online platforms – for youth to discuss personal and societal issues often considered sensitive or taboo within their communities.

This is the second blog in a three-part series on youth employment and skill-based work.

Today, mobile money has managed to penetrate over 70% of the Kenyan population, with more people claiming access to services such as Safaricom’s M-Pesa than ever before.

Up until now studies concerning mobile money and financial inclusion have focused largely on aggregate adoption rates and usage trends. Few have shed light on the ways in which women, men and young adults (men and women ages 18-25), use mobile money differently.

Financial access is accelerating

Financial inclusion is growing, and fast. Kenyans excluded from any form of financial service dropped from over 40% of adults to 17% between 2006 and 2016.

Steps to a financial future where there are as many financial opportunities as there are young people.

Kenyans are learning about money earlier than you might think: as early as four or five they’re picking up financial lessons from their parents. By 18, almost a third have mobile money accounts.