Are 'finfluencers' helping Gen Z to make money? | The Conversation | Focus on Africa

Where do you get your financial advice from? Because for many young people today, the answer is simple: social media. One report suggests Gen Z are five times more likely to learn about money online than people in their 40s. And it’s fuelling a wave of 'finfluencers', content creators sharing tips on how to earn, save, and invest. But are they empowering Africa’s youth or putting them at risk? We hear from 23-year-old Achiever Omoobajesu and 24-year-old Gbeminiyi Shopeju about Gen Z's approach to investing and why social media has become to go-to place for financial advice. 00:00-00:40 Coming up 00:40-02:00 Meeting Achiever and Gbeminiyi 02:00-03:15 Achiever's investment losses 03:15 -04:20 Are Gen Z investing for vibes? 04:20- 06:10 How are stock markets doing in Africa? 06:10-08:50 Are more young people investing in stocks? 08:50-11:40 The influence of fintech 11:40-13:40 Common mistakes young people make with money 13:40-17:57 Are finfluencers spreading misinformation? 17:50-18:39 How Achiever became a finfluencer 18:39- 19:53 Are Gen Z more financially literate? 19:53-22:06 How to reach out to Focus on Africa:The Conversation Presenter: Nkechi Ogbonna Producers: Fana Negash, Chiamaka Dike and Carolyne Kiambo Senior Producer: Priya Sippy Editors: Samuel Murunga and Maryam Abdalla Subscribe: http://bit.ly/subscribetoafrica Website: https://www.bbc.com/africa Facebook: https://www.facebook.com/bbcnewsafrica/ Twitter: https://www.twitter.com/bbcafrica/ Instagram: https://www.instagram.com/bbcafrica/