Educational Issues
Harvard Business School leverages Africa’s entrepreneurial community, By Kestér Kenn Klomegâh
In a recent interview, Program Director Diane Waters highlighted the
innovative AfricaLive! online course, meticulously crafted by Harvard
Business School professors Caroline Elkins, Tarun Khanna, and Karim Lakhani.
Aimed specifically at nurturing talent within the African market, these
esteemed educators have tailored a curriculum that addresses the unique
challenges and opportunities of the continent’s burgeoning business sector
and dynamic entrepreneurial landscape. Here are the interview excerpts:
What are the reasons for starting AfricaLive? How important is this study
program for the young business leaders in Africa?
The AfricaLive! online course was created by Harvard Business School
professors to meet the urgent need for skill and knowledge development in
Africa’s burgeoning business sector, aiming to equip aspiring entrepreneurs
with the necessary tools to navigate and lead in a dynamic environment.
Customized for individuals aiming to innovate and expand in the African
market, AfricaLive! merges Harvard’s scholarly excellence with the practical
wisdom of African industry leaders. The course offers a mix of interactive
virtual sessions, small group activities, and asynchronous learning modules,
providing a comprehensive and engaging approach to application and learning.
Designed to encourage innovation, strategic thinking, and ethical
leadership, AfricaLive! readies participants for impactful careers,
providing a rich, engaging curriculum and culminating in dual certification
from HarvardX and AfricaLive!, affirming their expertise and commitment to
driving sustainable change.
Do you believe building the entrepreneurial capacity of the participants
will enhance their understanding of the emerging challenges in the changing
business landscape?
Equipping AfricaLive! participants with essential skills and knowledge
enhances their ability to navigate the dynamic and complex markets of
Africa. Entrepreneurial capacity extends beyond business management to
include innovation, critical thinking, and resilience. As they face
technological advances and shifting economic trends, entrepreneurs must
adapt and innovate. Training fosters agility and foresight, preparing them
to anticipate changes, understand global impacts on local markets, and
address emerging challenges, while promoting continuous learning and
adaptation in a fast-paced world.
Entrepreneurship is very challenging. In what ways would you argue that the
AfricaLive! educational program provides the necessary skills for young
vibrant leaders?
AfricaLive! is designed to prepare young leaders for the entrepreneurial
landscape, blending theoretical knowledge with practical skills in
real-world contexts. The course offers discussions with Harvard faculty and
African industry leaders, encouraging innovation, creativity, and strategic
thinking. It emphasizes resilience, adaptability, and ethical leadership,
equipping participants to navigate business uncertainties and contribute
positively to society. Networking with peers and industry leaders further
enriches the experience, creating a robust support system for aspiring
entrepreneurs.
Do you agree that there are diversities in business culture in African
countries? What could be the best way to systematize entrepreneurial
policies to help Africa’s development?
Indeed, there is a rich tapestry of diversity in business culture across
African countries, reflective of the continent’s wide array of languages,
ethnicities, traditions, and historical backgrounds. Each country, and often
regions within countries, has its own unique business customs, economic
environments, and regulatory frameworks. This diversity can present both
challenges and opportunities for entrepreneurs and policymakers.
To effectively systematize entrepreneurial policies for Africa’s
development, a multi-faceted, collaborative approach is essential. Tailoring
policies to local contexts, encouraging pan-African dialogue, and involving
diverse stakeholders ensures policies are relevant and comprehensive.
Emphasizing education and skill development, alongside creating robust
support systems like funding, mentorship, and incubators, will equip
entrepreneurs to thrive and contribute to a unified and progressive business
environment across the continent.
What are the future visions for African Entrepreneurs and the single
continental free market (AfCFTA)?
The African Continental Free Trade Area (AfCFTA) presents a future of vast
opportunities for African entrepreneurs, offering access to a larger market
and a more integrated continent. It promises reduced trade barriers,
streamlined customs, and a harmonious regulatory environment, enabling
entrepreneurs to expand beyond local confines, innovate, and compete more
effectively. This vision includes increased intra-African trade,
collaboration, and shared knowledge and resources, leading to economic
growth, job creation, and sustainable development. Ultimately, AfCFTA
positions entrepreneurs at the forefront of transforming Africa into a
thriving, unified, and prosperous economy. The course accessible at the
website: https://africalive.education/