Over the last few years my business schools, JIBS, has developed close relationships with two Eastern African countries, Ethiopia and Rwanda, to help increases their long-term “economic complexity” and thereby create widespread prosperity. At JIBS we call it our “Into Africa” strategic initiative and our means is higher education, especially PhD education.
Last week a group of JIBS faculty and JIBS PhD candidates from Rwanda contributed to the 1st Conference in Kigali on Recent Trends in Economic Development, Finance and Management Research in Eastern Africa, co-hosted by JIBS and our partners in University of Rwanda.
The conference included some 70 paper presentations and attracted 200 contributors from several East African countries. Following this initiative, I took part of the 1st Business and Economic Regional Summit, again hosted by University of Rwanda and JIBS. At the end of the summit five business schools deans signed a MOU on The Entrepreneurship and Innovation for Development Initiative, which includes research collaboration, policy advice, education and private sector development in Rwanda, Ethiopia, Tanzania and Uganda (see photo below). JIBS has the pleasure and privilege to coordinate these activities and for us that means a further boost to our Into Africa strategic initiative. In fact it just became Into Africa 2.0.
All of this is in line with JIBS three guiding principles: International at Heart – Entrepreneurial in Mind – Responsible in Action.