Study of Rwandan young adults highlights gaps in digital financial literacy

Africa has the world's youngest population, and many young adults rely on informal or temporary employment, making digital financial literacy (DFL) critical for long-term financial resilience and sustainable economic development. In a study published in Sustainability, researchers have surveyed Rwandan young adults on their financial knowledge, skills, and behaviors to identify gaps in their DFL. They found modest strengths in some areas and gaps in others, as well as disparities by gender and education.