Burkina Faso

GMW national coordinator: Permanent Secretariat for The Promotion of Financial Inclusion (Secretariat Permanent Pour La Promotion De L’inclusion Financiere) Participating organisations: Schools, universities Total number of participating organisations: Not reported Number of children and young people reached directly: 3,000 Number of adults reached directly: 90 Number of people reached indirectly: Not reported

As part of the promotion of financial inclusion, the Permanent Secretariat for the Promotion of Financial Inclusion (SP-PIF) organises training sessions on financial education in Burkina Faso. The objective of these trainings is to strengthen the financial capabilities of youth, women, and people from rural areas.

Global Money Week 2022 launch kick-started the campaign this year. The opening speech was made by the Governor of the South West Region.

GMW2022 edition included financial education training sessions for students from various schools in the city of Gaoua, panel discussions with young people, a radio programme, a banking campaign, selfie challenge, training of teachers, and more.

Some 44 training and awareness sessions, led by SP-PIF executives, were carried out in 11 schools and universities in the centre of Gaoua. Over 3,000 students attended the lessons on budgeting and savings. GMW was an opportunity for the SP-PIF to extend financial education trainings to over 90 administrative and teaching staff at the University of Gaoua and other schools. These trainings focused on budgeting, savings, debt management and digital financial services.

During the financial inclusion panel discussion, topics addressed included discussion around the status of financial inclusion in Burkina and the importance of young people’s access to financial products and services; financial products and services geared towards young people; digital finance, and new financial themes.

The selfie challenge included taking self-portraits of groups of GMW participants. These photographs were taken at the end of each session. The best self-portraits were selected by the SP-PIF.

In order to raise awareness on the importance of financial education, the SP-PIF organised an interactive round table programme on RTB 2 radio in Gaoua. This was carried out in synchronisation with the national radio and it allowed listeners to discuss live with the SP-PIF representatives. For an hour, they defined and explained to listeners the importance of Global Money Week, shared information about activities scheduled during the week. They also shared positive experiences on financial empowerment of children and young people while encouraging parents to take an interest in it.

The banking campaign, in partnership with banks and microfinance institutions, was an opportunity offered to everyone and to youth in particular, to have bank accounts and financial products adapted to their needs. The first of its kind, eight financial institutions including four banks, three microfinance institutions and La Poste Burkina took part in the initiative. During this campaign, 402 bank accounts were opened, 16 magnetic cards and 25 electronic wallets were bought.

GMW2022 in Burkina Faso ended on Saturday, April 9 with the closing ceremony followed by a training of administrative and teaching staff. It ended by the closing remarks of the Permanent Secretary and the presentation of certificates to GMW participants.