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'Africa Can Grow Through Business Education - In Nigeria's Daily Trust

Monday, January 28, 2013   (0 Comments)
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On January 26th the Daily Trust (Nigeria) published a story about GBSN's CEO Guy Pfeffermann's speech at Baze University in Abuja, Nigeria on the importance of scaling quality business education to further Africa's economic and social development.

"Africa can leapfrog its economic development by scaling up business education to leverage the impact of its educational system, says Guy Pfeffermann, founder and chief executive officer of Global Business School Network.

He said scale up would take advantage of Africa's flexible educational institutions, growing knowledge and fast spreading information technology.

In a lecture he delivered at Baze University, Abuja, Pfeffermann said young people, employers and academia "all too often lived in parallel universes" which meant young people didn't always have the skills employers wanted.

Pfeffermann, Director of the Economics Department and Chief Economist for the International Finance Corporation from 1998 to 2003, noted that "acute shortage of appropriate faculty and trainers" and "institutional rigidities" were major constraints inhibiting scale up of education to boost economic development."

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