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Financial Literacy Around The World: Africa on Azaland's Spotlight

Posted: April 20th, 2024, 10:42 am
by Jared
As defined by The Azaland Project, Financial Literacy is the possession of the requisite knowledge, skills and behavioural patterns that enable a person make sound financial decisions or choices day after day. Financial literacy skills and knowledge are critical life skills needed not only to excel, but also to survive in this modern world with rapidly evolving financial landscape. In the financial scenes, we now have more than fiat currency, Blockchain technology has brought about new dimensions that we cannot run away from for long, no matter how much we try.

According to S&P’s Global Financial Literacy Survey, African countries score the worst in financial literacy globally. This implies…

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