Economics
Africa's B-School Challenge
Its economy is growing, but the continent lacks a developed B-school network, says the head of the Association of African Business Schools
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As one of the last economic frontiers, Africa is looking for leaders. Improving business schools that can produce them is a key way to solve the problem, says Nick Binedell, director of the Gordon Institute of Business Science in Johannesburg, South Africa.
In 2005, the Global Business Schools Network, which was funded by the International Finance Corporation (IFC), announced the launch of the Association of African Business Schools, a group with 12 member schools from various African countries that is developing partnerships among educators to determine best practices and help expand the management training available on the continent (see BusinessWeek.com, 12/26/05, "Give Africa's B-Schools a Boost").