The Kenya Institute of Curriculum Development has forged a partnership with the Old Mutual insurance firm to roll out a Ksh25 million online financial literacy programme targeting Junior and Senior School teachers.
The Programme was launched yesterday at the KICD headquarters, where it is set to help teachers integrate financial literacy skills into teaching in the classroom. This comes after a successful pilot in six counties and is also backstopped by a student-facing financial learning toolkit developed in 2024.
The programme which is currently available for Junior School teachers, will begin for Senior School teachers in 2026. It is expected to help in making financial literacy education to be integrated into the curriculum.
KICD says that the CBC has embedded Financial Literacy across nearly all learning areas from pre-primary to senior school levels.
In inaugurating the program, KICD Director and Chief Executive Officer Prof. Charles Ong’ondo reiterated a successful pilot where 120 Junior Secondary School teachers from 36 schools in Uasin Gishu, Makueni, Laikipia, Siaya, and Kiambu counties participated. He heralded Old Mutual for its commitment to investing in education.
“The learning gaps identified during our pilot informed the extent to which Financial Literacy could be infused into other learning areas,” said Prof. Ong’ondo. He added that the online platform will enhance the curriculum delivery on matters financial, further stressing that financial literacy was quite important in empowering students with the requisite knowledge for a prosperous future.
According to the Group Chief Executive Officer of Old Mutual, Arthur Oginga, financial management skills are central to growth and development in Kenya. He called for cooperation with relevant partners in the nurturing process so that people of financially sound mind would come out from the programme in a manner consistent with Old Mutual’s agenda on financial education and literacy.
From the initial Ksh25 million seed of Old Mutual, several things were achieved. These include integration matrices and guidelines in 2021, online courses for teachers in financial literacy in 2022, a pilot programme in 2023, and a financial literacy toolkit for students in the year 2024.
The programme can be accessed through the Elimika platform, a cloud-based training portal offering capacity-building courses to teachers in subjects ranging from Mathematics to English.