Why Participate In the Economics Olympiad?
Academic competitions are building blocks that can transform students' potential into success. Preparing and participating in academic competitions make students to: work harder; study further; hone their soft skills; boost thier confidence; and learn from failure. Academic competitions also prepare students for the real world where 'competion' fuels innovation and production of revolutionary/cutting edge products.
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About Competition
The National and Rwanda-Kenya Economic Olympiad and related interventions will be guided by the standards set by the International Economics Olympiad(https://ecolymp.org).
Progressively, drawing on emerging evidence from the annual competitions, both the national and regional competitions will be improved to enhance their responsiveness to the context, needs and aspirations of the two countries (and by extension East African region) in as far as fostering financial and economic literacy amongst the youth is concerned.
Our Goals and Mission
Mission
Our mission is to foster financial and economic literacy amongst middle school (lower secondary) and high school students.
Goals
To cultivate responsible financial habits/behaviours and entrepreneurial awareness amongst middle and high school students from the two countries through evidence informed interventions (not limited to economic Olympiads) that aim to foster financial knowledge sharing and critical thinking skills related to financial decision-making.
To discover, nurture, challenge and train young people who are exceptionally talented in Economics and Business.
Foster self-learning and leadership skills, adaptive motivational dispositions such as resilience amongst middle and high school students from the two countries in solving challenging finance, business and economics 'problems' ,
Promote collaboration between the corporate sector, secondary schools and institutions of higher learning in fostering financial and economic literacy amongst students from Rwanda and Kenya.
Encourage friendly relationships, regional integration, and spirit of competition between participating learners (and teachers) from Rwanda and Kenya.
To create an opportunity for collaborative research, exchange on curriculum and teaching practices of finance, economics and business in the Rwanda and Kenya.
To select and prepare teams of students from the two countries to participate in the international economics Olympiads
Competition Subjects
Economics
Test contestants' understanding of basic economic concepts and models, their curiosity about the field and analytical skills.
Business
Team presentation of a business case testing: analytical thinking; conceptual thinking; quantitative thinking; and communication skills.
Financial Literacy
Test contestants' understanding of basic financial concepts and models, their ability to apply them (across a range of financial contexts) and analytical skills.
Core Resources
Banks, money and the credit marketLearn More
Personal finance course by GFLEC -Learn More
Money smart for young adults curriculum:Learn More
Financial Literacy Curriculum by PWC:Learn More
Sample National Olympics Economics Papers(Senior)Download
Sample National Olympics Economics Papers(Junior)Download
More practise resources including past papers from IOE can be found at:Learn more
Stages of the Competition
Stage One
Junior and Senior Stream
1. Timed-set of 50 multiple choice questions focused on different aspects of financial literacy (drawing from IOE sample papers and related tests such as the PISA financial literacy tests)
2. IOE Financial literacy game: online simulated financial literacy game
All students with at least 50% score will proceed to round two of the exams
All students get certificate of participation
Stage Two
Junior and Senior Stream
1. Economics: Time-set 50 multiple-choice questions on theory and practice of economics
2. IOE set financial literacy game: Online simulated financial literacy game
Medals (and Honorary mentions) alongside the certificate of participation will be awarded for each subject and overall performance
Top 20 students qualify into the training pool for the national team. After a period of training these group of students will sit for a final round of exams for selection of a team of 5 (each country) to represent their respective countries at the International Economics Olympiad from July 22nd to july 31st.
Top 10 students per school in Junior and Senior competition qualify for further training and to represent their school in the Rwanda-Kenya Economics Olympiad to be held in November 2024
Stage Three
Junior and Senior Stream
1. Economics: Multiple choice questions and open-ended questions on theory and practice of economics
The winners will be decided
Outcome: Team of 5 from each country selected to represent country in International Economics Olympiad
Stage Four
Junior and Senior Stream
1. Participation in the Rwanda-Kenya Economic Olympiad (November 2024)
2. Participation in the International Economic Olympiads (July 2024)
**Junior (Grade 7, 8, 9) Senior (Grade 10 (Senior four/ form two), 11 (Senior 5/Form 3), 12*)
How to Participate
For Students
Check the confirmed participating schools section on this website.
If your school is not on the list, please click Apply and fill the google form and share key details requested including which category you will be competing at (junior or senior) by 15th April for Kenya and 20th April for Rwanda.
We will contact you to share information on the next steps of registration including how to pay your statutory registration fee.
Study hard by reviewing some of the sample exams and relevant study resources!
Make sure you will be able to access a gadget (mobile phone or computer) to write your exams
Wait for information on how to access the venue for writing of Economic Olympiad (will)
Note
A participation fee of 20000RWF or 2500 Ksh per student** to be paid once before Round One and covers participation in all rounds including 'East Africa' Economics Olympiad, development of training resources and part contribution into the kitty for funding national teams participation (travel expenses) at the international economics olympiad .
For Schools
Click Apply and fill the google form for schools to indicate how many students you may be mobilising to participate in each of the category of the competitions.
Mobilise students for the competition
Upon receipt of communication from us on details of accounts for payment, share with students and encourage the students to pay the amounts and share conformation of payments with you. to you by 20th April for Kenya and 26th April for Kigali
Share final list of participating students with us
Support your students to prepare for the Economics Olympiads by using some of the shared resources and those from the International Economics Olympiads (senior stream).
Make sure your students will be able to access a gadget (mobile phone or computer) for the tests.
Wait for information and guidelines on test venues
Note
A participation fee of 20000RWF or 2500 Ksh per student** to be paid once before Round One and covers participation in all rounds including 'East Africa' Economics Olympiad, development of training resources and part contribution into the kitty for funding national teams participation (travel expenses) at the international economics olympiad .
University Challenge
Schedule
Key dates for the Kenya-Rwanda National Olympiads
This section shows a detailed breakdown of the current schedule and significant dates for the Olympiads
Learn MorePhase 01
Sensitization, registration of students and recruiting of training committee
March 7th to April 15th
March 7th to April 15th
Phase 02
Round One
June 6th
May 15th
Phase 03
Round Two
June 20th
May 29th
Phase 04
Round Three
July 3rd
June 7th
Phase 05
Remote Training and self-directed training of the 20 selected students
May 1st to May 29th
May 15th to May 29th
Phase 06
Final exams for selection of national team of 5 students
May 31st*
May 31st*
Phase 07
Training of National Team for IOE
June 1st to July 15th
June 1st to July 15th
Phase 08
International Economics Olympiads
July 22nd to July 31th
July 22nd to July 31st
Phase 09
Rwanda-Kenya Economics Olympiads (Junior and Senior)
October 5th
October 5th
Schedule Details
EduHubAfric Rwanda-Kenya Economics Olympiad Structure
COORDINATOR
Dr. Herine Otieno
Founder and Technical Lead of EduHubAfric
Self Christened as AfricasOwnEducationDoctor and Education Evangelist, Dr. Herine Otieno is the founder and Technical Lead of EduHubAfric. She brings to the Economic Olympiad decades of experience in running student academic competitions and extensive knowledge from her PhD research which partly focused on exploring opportunities for improving student motivation for, effort and interest in learning through academic competitions. Between 2018-2022, Herine pioneered a number of academic competitions in Rwanda including playing a key role in getting Rwanda into the mathematics Olympiad space at the continental and international level. As a Pan African Educationist and Researcher, Herine also brings to the competition a wealth of knowledge (and rich network) that will be instrumental in catalysing collaborations between the Economic Olympiads with Ministries of Education, schools, donor organisations, parents and corporate sector from the two countries-and wider East Africa Region.
Patron
Mr. George Odhiambo
Managing Director of National Bank of Kenya
As the inaugural patron Mr. George Odhiambo will be the lead corporate champion of EduHubAfric Rwanda -Kenya Economics Olympiads competition within the corporate and business community of the two countries. Mr. Odhiambo is currently the Managing Director of National Bank of Kenya. He has decades of experience of working in the banking sector in Rwanda and Kenya -and the wider East African Region.
TECHNICAL ADVISORY TEAM
This is a voluntary role drawing on Finance, Economics and Business professional from the corporate and academia in the two countries.
Roles
- Provide technical advice on the development of the interventions and running of the national and regional economic Olympiad
- Provide technical advice towards the coordination of interventions and essential IOE related processes and partnerships with both local and international organisations
- Participate and contribute in the collaborative research related to the interventions and the Economic Olympiad
- Contribute to shaping of the fund raising strategy for the interventions and economic Olympiads
- Participate and contribute in the collaborative research related to the interventions and the Economic Olympiad
- Contribute to shaping of the fund raising strategy for the interventions and economic Olympiads
- Participate in speaker series for students organised as part of the Economic Olympiad intervnetions
- Participate in policy dialogue with Ministries of Education on Economics, Business and Financial Literacy curriculum and related activities
Profile of Members
Dr. Miriam W. Oiro Omolo
Executive Director at the African Policy Research Institute(APRI)
She holds a doctorate degree in economics (D.Litt. et Phil. Economics) from the University of South Africa, a master's degree in economics from the University of Nairobi and bachelor's degree in economics from Kenyatta University in Kenya. Miriam has experience in both macro and micro econometric modeling using large survey data sets. She has over 20 years of experience in international trade and development, poverty and gender issues as well public finance management. She consults for the World Bank Group on public finance management and poverty issues. Dr. Miriam W. Oiro Omolo is passionate about sharing her knowledge and experience in order to equip future generations with the right knowledge and skills for building the nation of Kenya. She is an Adjunct Lecturer at Strathmore University's Business School where she lectures on managing decentralized funds and international trade and finance. She supervises both doctorate and masters' students in the same subject areas.
Dr. Beatrice Matiri Maisori
Director International Business Strategy at GVC Growth Concepts
A holder of PhD in International Business from University of International Business and Economics, Beijing (China), MBA (University of Nairobi) and Bachelor of Commerce (Kenyatta University - Kenya). Beatrice has more than 20 years of experience in international business and trade, entrepreneurship and innovation, sustainability initiatives, market entry, business development and global value chains across Asia Pacific, Europe, Africa and Middle East regions.
Angela Akumu
Health Economist Consultant
Angela Oloo Akumu holds a M. Arts in Economics from KU and is currently pursuing her PhD in Economics at University of Nairobi-Kenya. Angela is a currently a PhD candidate at the School of Economics, University of Nairobi. As a Health Economist, Angela has participated in consultancy assignments by a number of institutions including World Bank, KEMRI/Welcome Trust Programme, UNITID and KIPPRA.
Dr. Muhayimana Victoire
Lecturer at INES-Ruhengeri
MUHAYIMANA Victoire, is a PhD holder in Entrepreneurship from University of Rwanda and a master's degree in business administration project management option (MBA/PM) from Mount Kenya University (MKU). She is currently a lecturer at INES-Ruhengeri in the department of Enterprises Management, teaching production and operations management, Management of an organization, entrepreneurship management and development.
Dr. Malgit Amos Akim
Lecturer at Mount Kigali University Rwanda
Malgit Amos Akim holds a doctorate degree in Finance and Masters of science degree in Accounting from Kenyatta University -Kenya. A member of Nigerian Institute of Management Dr. Malgit is currently a lecturer at Mount Kigali University Rwanda where he teachers and supervises both undergraduate and postgraduate students. He brings to the advisory team extensive knowledge in teaching and mentoring the youth beyod the field of finance and business management.
Charles Ondunga
Commissioner AMUPAMOC and Deputy Principal, Othaya Boys High School-Kenya
A high school mathematics educator with over 30 years experience locally and internationally, Charles is currently the Deputy Principal at Othaya Boys High school-Kenya. Charles brings to the technical advisory team expertise in running similar competitions honed through running of similar mathematics competitions over the last 20 years. He is part of the committee that includes the University of Waterloo- Canada, University of Nairobi and CEMASTEA (Centre for Mathematics, Science and Technology Education in Africa) that organizes the Mathematics Olympiad competitions in Kenya. In addition, Charles is a commissioner representing Kenya in the African Mathematics Union – Pan African Mathematics Olympiad commission (AMUPAMOC). The afore-mentioned attributes together with his experience as a Kenyan team leader in the Pan-African Mathematics Olympiad (PAMO) and International Mathematics Olympiad several times will be invaluable in successful shaping of the National Economic Olympiads (in the two countries) and preparing students for the regional and international Economic Olympiad.
COOPORATE CHAMPIONS
These is a voluntary role for professionals who are willing to leverage on their technical expertise, work experience and professional network to champion and promote EduHubAfric interventions aimed at fostering financial and economic literacy amongst middle and high school students in Kenya and Rwanda.
Roles
- Promote the Olympiad competitions and related interventions with business communities, government institutions, and NGOs in the two countries.
- Support the process of shaping contextually grounded business cases for the Olympiad competitions.
- Champion collaborative partnerships, exchange programs and mentorships with the business communities and related institutions in the two countries
- Support fund raising activities towards supporting the national competitions and in person participation of the national teams at the International Economics Olympiads.
Profile of Members
Jackline Sarah Chibayi
Director Strategy and Quality Assurance at Strathmore University
Jackline Sarah Chibayi is a seasoned Management consultant with over 15 years work experiences specializing in Strategy formulation and business planning for both private and public sector organisations, across various sectors.
Batya Blankers
CEO Chancen International
Batya Blankers is the Co-founder and CEO of CHANCEN International. Batya is South African and was given access to university in Germany through participation in an Income Share Agreement. As a beneficiary herself, Batya is passionate about offering an ethical and fair financial aid model to fellow Africans to ensure more individuals have equal opportunities in accessing education on the continent and a role in building strong and peaceful economies.
Annet Mburu
Audit, Risk and Finance Executive
Annet is an Audit, Risk and Finance executive with over 15 years progressive experience from international organizations. Annet has worked in various capacities and acquired a deep technical understanding of the financial services sector and particularly banking and insurance. She has regional work exposure in Kenya, Uganda, Tanzania, Rwanda, South Sudan, and Malawi. Annet has undertaken a number of leadership programs at Strathmore Business School in partnership with Gordon Business School, South Africa and Nanyang Technological University, Singapore. She is passionate about mentorship and women leadership.
TRAINING COMMITTEE We are recruiting
Team of volunteers made up of finance, economics and business high school teachers, graduate and undergraduate students and university lecturers who are willing to contribute to the running of the national economic Olympiads and preparation of national teams for the international economic Olympiads. As volunteers the final team of trainers will earn a stipend drawn from the participation fee charged to the participants in the first round.
Roles
- Responsible for generating tasks, task solutions and marking schemes for the national economics olympiads.
- Coordinate and contribute to the development of training resources (including short video lessons) for middle and high school students participating in the national and international economic olympiads.
- Lead training for national team preparing for international economics Olympiads.
We're recruiting volunteers for the training committee for the following positions
Teacher - National and IGCSE-Rwanda Teacher (IB or other international curriculum)-Rwanda
Teacher National Curriculum-Rwanda
Lecturer-Rwanda
Undergraduate student male-Rwanda
Undergraduate female-Rwanda
Teacher IGCSE curriculum-Kenya
Teacher IB and other international curriculum-Kenya
Teacher National Curriculum-Kenya
University lecturer-Kenya
Undergraduate student male (3)-Rwanda
Undergraduate female (3)-Rwanda
Contact us at:
economicsolympiads@eduhubafric.com
Partners and Sponsors We're currently looking for partners
Institutional Partnerships
Institutions from academia, private sector, and NGO sector who identify with EduHubAfric mission to foster financial and economic literacy amongst middle and high school students in Rwanda and Kenya.
University Partners
The university partners play a key role in:
- Hosting of the competitions
- Quality assurance of the national Economic Olympiads
- Training of the students
- Collaborative research related to national economic competitions and interventions
Implementing Partners
Implementing partner organizations work closely with EduHubAfric in developing and implementing strategy towards the successful implementation of the national and inter-country economic Olympiads- and related interventions. The broad roles include:
- Mobilization of students to participate
- Providing oversight to the activities of the different teams
- Hosting and coordinating the running of competitions
- Fundraising
- Partnership building with government, NGOs and Corporates in the respective countries
Media Partners
The Media Partners will leverage on their expertise to help raise awareness about the competitions and support EduHubAfric communication team in hosting and publicity of related events.
Partners
East African Media Group
The African Policy Research Institute
Ademba Oteno Pan African Hub of Higher Learning
EduTalkAfric Radio
Partnership In Progress
KCA University
INES Ruhengeri Institute of Applied Science
Interested in becoming a partner?
economicsolympiads@eduhubafric.com
Participating Schools
The following schools have already expressed interest in participating in the 2024 Rwanda-Kenya Economics Olympiad:
Rwanda
Kenya
Information sessions will be running from 25th March through to 4th of April
Contact Us
With any questions, applications, or feedback