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Kenya to develop e-wallet targeting youth for financial inclusion

Telkom Kenya CEO Mugo Kibati

The National Youth Council of Kenya (NYCK), a government agency, has partnered with Telkom Kenya, a local telecom company, to develop a youth-focused digital wallet to boost financial inclusion among the youth especially during the COVID-19 pandemic.

NYCK's chief executive Roy Sasaka Telewa said Wednesday that the e-wallet will open up a portfolio of financial opportunities to the youth in Kenya, particularly at the grassroots levels.

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