Skip to main content

The Tony Elumelu Foundation seeks partnerships with African and Global Business School Networks

Dr. Wiebe Boer, chief executive of Tony Elumelu Foundation (TEF), is seeking strategic partnerships on how to catalyse substantial growth in the provision of management education at all levels across Africa, according to a press statement.

In discussion with the African Association of Business Schools, the Global Business School Network (GBSN), and other key stakeholders at a capacity-building conference, co-hosted by IPADE Business School in Mexico City, Dr. Wiebe Boer argued that "Africa is experiencing remarkable growth, but that growth is not sustainable and does not benefit Africa substantially if it is not driven by Africa´s own management talent."

“Our approach to enhancing management education in Africa is to be proactive in forming synergies with global leaders in management education and deepen the relations,” he added.

“What we have been discussing is an initial strategic plan on how to fill those gaps by catalysing a broad focus on the issue of management education as a key component of Africa’s economic transformation and competitiveness,” Dr. Boer said.

TEF’s participation in the GBSN 2011 conference comes on the heels of the
Foundation’s collaboration with the Financial Times’ for the ‘This Is Africa Special Report on Business Education: Building Human Capital’. As a part of TEF’s commitment to economic transformation in Africa through investments that enhance the competitiveness and growth of the African private sector, the Foundation believes education is the key to unlocking Africa and in building entrepreneurship – which leads to economic development and prosperity. TEF aims to lead the charge in developing a catalytic plan to enhance business education across Africa.

GBSN's mission is to strengthen management education for emerging markets
through a unique global network of business schools. The network helps to provide the rigorous yet practical local training business and management student demand, resulting in a stronger pool of local leadership and management talent for all sectors.

The conference, which held June 20-23, 2011, brought together 140 regional and global leaders of business schools, corporations, foundations, government, corporations and development organizations, from more than 37 countries spanning the Middle East, Africa, Asia, Europe, North and South America. The theme of the event was ‘Generating leadership: developing human capacity in emerging markets’.

Last month, TEF launched the African Markets Internship Programme (AMIP), a 10-week MBA internship program designed to improve the competitiveness of innovative small and growing African businesses, while introducing some of the world’s brightest new business management talent to the growth opportunity that African markets represent.

AMIP interns were drawn from leading graduate business schools in East and West Africa, Europe and the U.S. and placed in highly structured programs at companies in Lagos, Nairobi and Accra.

The Tony Elumelu Foundation (TEF) was represented at the sixth meeting of the Global Business School Network (GBSN) conference at the Instituto Panamericano de Alta Dirección de Empresa (IPADE Business School).

Comments

Popular posts from this blog

MTN Ghana & MTN MoMo CEOs win laurels at Ghana CEO Awards

  The Chief Executive Officer of MTN Ghana, Selorm Adadevoh ,   has been adjudged  CEO of the Year  –  Telecom  at the  2 nd  edition of the  Ghana CEO  Vision  and  Awards   held  in Accra. At the same event, the CEO of Mobile Money Limited (MTN MoMo), Shaibu Haruna was also adjudged CEO of the Year – FinTech Service Provider. Selorm  Adadevoh’s award  is in recognition  of  his   achievements   in the areas of   sustainability, leadership excellence, innovation and others  in the telecoms space  which  has contributed to  job creation to support the  growth of Ghana’s economy. Patrick Afari (r), General Manager, Supply Chain Management and General Services receiving CEO of the Year – Telecom Award on behalf of Selorm Adadevoh Receiving the award on behalf of Selorm, Patrick Afari, General Manager, Supply Chain Management and General Services ,  expressed appreciation to the organizers for the award. He  noted that  th e  award will go a long way to inspire MTN to do more for Ghanaian

EB-ACCION DISBURSES US$15 MILLION

By Fred SARPONG Ecobank-Accion (EB-Accion), a partnership between Ecobank Ghana Limited and Accion International has disbursed amount to the tune of $15 million to over 36,000 borrowers in Micro, Small and Medium Enterprises (MSMEs) sector in the country, since the institution was set up barely six months ago. Frances Adu-Mantey, the Managing Director of EB-Accion disclosed this to Business Week in Accra last week during the official opening of Accion Hub headquarters in Africa. The institution’s current portfolio stands at GH¢4 million. She stated that currently, EB-Accion have over 6100 customers who save with them throughout the four branches of the institution. According to her, in order to improve the services of the institution, Ecobank Share Services center will facilitate the technology aspect of the bank by networking all the branches of EB-Accion. Maria Otero, President and Chief Executive Officer of Accion International said that the center’s staff in Accra will provide supp

Amantin & Kasei Community Bank posts impressive growth, with over GH¢1m profit

 Amantin and Kasei Community Bank, at Amantin in the Bono East Region has posted impressive growth in all the performance indicators during 2022 financial year under review. The bank recorded profit after tax of GH¢1,055,662, representing 35.66% more over the 2021 figure of GH¢778.151. This achievement stemmed out of 49.24% gross income growth from GH¢8,143,526 to GH¢12,153,537. Total deposits of the bank went up by 36.20%, changing from GH¢50,959,848 in 2021 to GH¢69,405,591 in 2022. The bank increased loans and advances by 22.15% from GH¢14,128,017 to GH¢17,257,614. Total assets showed an appreciation of 29.32%, amounting to GH¢77,918,288 as against GH¢60,250,693 in the previous year. On the other hand, the bank posted a marginal increase in short term investments portfolio from GH¢24,439,761 to GH¢26,585,698, indicating 8.78% change. The Chairman of Board of Directors, Amantin and Kasei Community Bank, Dr. John Oduro-Boateng, disclosed this during the 18th annual general meeting of