, Abojani Investment, and NCBA Investment Bank recently hosted a high-impact Teen Financial Literacy){kind=link}
The Nairobi Securities Exchange (NSE), Abojani Investment, and NCBA Investment Bank recently hosted a high-impact Teen Financial Literacy and Early Investor Empowerment Workshop aimed at fostering a culture of early investment and addressing the critical need for youth financial literacy.
The workshop brought together aspiring young investors aged 12–17 and gave them insights to help them manage and grow their wealth, ensuring they transition from working for money to creating an investment portfolio where money works for.
Financial principles such as budgeting and learning how to create disposable income by managing money properly were addressed.
NCBA’s Samuel Gichohi, Head of Business Development, noted, “The average age of investors currently engaging with the Nairobi Securities Exchange is between 40 and 50 years old. This generational gap means that if younger investors are not introduced to the market, the current system may face future significant challenges.”
Other key concepts taught included the 50/30/20 Rule where students learned how to budget their income by dedicating 50% to needs, 30% to wants, and 20% to investment, Emergency Fund Basics where teens were instructed on the importance of setting aside a fund for tough times and emergencies; Investment Fundamentals such as interests, dividends etc and Junior CDS Account as accessible tools.
Nancy Nasimiyu from Abojani commented, “Youth entering the job market are often ‘a bit blank’ regarding money matters. We aim to show the younger generations the path to potentially becoming economically secure by the age of 18, simply by exploring budgeting, saving, smart spending and the basics of investing in the stock exchange”
The workshop offered a hands-on experience by taking teens to the NSE, allowing them to observe live trading and understand how their consumption contributes to shareholder wealth. NCBA Investment Bank, a participating partner, utilised the platform to reinforce its commitment to shaping the next generation of financially confident young investors. The bank is focused on showcasing its role in early financial empowerment and driving awareness of NCBA-led investment pathways, such as Junior CDS Accounts, which serve as accessible tools for young investors to start building wealth early with professional guidance.