On 27 April, AFI and the Frankfurt School of Finance & Management (FSFM) organized a webinar on financial health, featuring insight from Central Bank of Kenya.

FSFM Financial Inclusion Policy Tutor, Ricardo Estrada Villalta, presented the current global state of financial health. “While financial inclusion is rising, financial resilience remains stagnant for the majority of adults,” he said. “Policymakers must shift their focus from basic account access to comprehensive measures of long-term financial wellbeing. Building responsible digital ecosystems, and fit-for-purpose savings tools, will be essential to strengthening household financial health.”

Central Bank of Kenya Deputy Director, Cappitus Chironga, and Senior Economist, Dr Isaac Mwangi, provided insight from Kenya’s experience, highlighting that while levels of financial inclusion have continually risen (reaching 85%), corresponding figures for financial health (15%) have fallen. They stressed the importance of measuring financial health correctly;  CBK is currently reviewing its measurement framework to inform future demand-side financial inclusion surveys and supply-side data collection.

The webinar was held to promote the upcoming Frankfurt School Summer Academy, taking place from 29 June to 3 July 2026, which includes an AFI-led ‘Central Banking’ track. Designed for staff from central banks, supervisory authorities, and finance ministries, the program will cover issues including financial health, MSME finance, Inclusive Green Finance, AI & Big Data, digital finance, and financial literacy.

AFI members benefit from discounted registration, with full details on the course website. AFI and the Frankfurt School of Finance & Management also co-deliver the Certified Expert in Financial Inclusion Policy (CEFI) program, a six-month, online, self-study program.

The webinar is available to watch below.