Lagos Business School, Semicolon Africa and Henley Business School partner to drive British Council-funded ‘Nexus Project’

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… project to transform young Africans into sustainable job creators

In line with Lagos Business School (LBS) commitment to developing responsible entrepreneurs and promoting business sustainability, the institution has partnered with Semicolon Africa and Henley Business School on the British Council-funded Nexus project.

The goal of the project is to unlock the potential of young Africans and transform job seekers into sustainable job creators to help close the unemployment gap and reduce the failure rate of startups.

In her address, the Associate Dean of Lagos Business School, Professor Yinka David-West said, “As the Nigerian and African economies digitalise, we are excited to be part of this network creating and building a new generation of businesses. digital entrepreneurs who focus on Africa’s social and institutional issues. With the Nexus project, our vision is that Africa’s generation of tech entrepreneurs will be better placed to get the best form of support, coaching and mentorship to become entrepreneurs worthy of emulation by other Africans in all the sectors.

In the first phase of the project, a total of 30 African techpreneurs representing 15 projects/business ventures with great entrepreneurial ideas will be trained, mentored and supported to turn their ideas into investable and sustainable businesses.

Beneficiaries selected for training will complete a 6-month management program (April to August 2022) that provides specialist knowledge transfer, education, coaching and mentoring to propel their business ideas towards investment readiness and connect them to a network of investors. .

Speaking at the official launch of the project held virtually on March 30, 2022, the project director and LBS faculty, Dr. Adun Okupe said; “The Nexus project offers the opportunity for management training to meet the emerging need for entrepreneurship development in Africa and a chance to improve the success rates of startups in Africa.”

Jean-Pierre Choulet, Vice-Dean Africa, Henley Business School said; “It is essential to provide the platform required for young Africans to start their entrepreneurial journey while providing them with adequate support to scale their businesses. Through this partnership, we believe that grantees will benefit from coaching, mentoring and access to relevant information to enable them to make informed decisions while connecting them with a group of investors capable of take their ideas to the next level.

Speaking on Semicolon’s participation in the project, CEO of Semicolon Africa, Mr. Sam Immanuel said that; “We are delighted to partner with Lagos Business School (LBS) and Henley Business School on this initiative which aims to increase the success stories of young Africans who are loud, creative and eager to build sustainable businesses to last a lifetime.”

Meanwhile, five Lagos Business School MBA alumni have been brought into the coaching and mentoring program to provide technical support to participants. The mentors are CEO, Sustmark Consult, Oluwafemi Adeniba; Founder, Truss Empowerment Foundation, Azukaego Chukwuelue; CEO, BPI Advisory, Deji Agboade; Founder, Brickstone Africa, Femi Awofala and CEO, Julie Harrison Pharmacy Ltd, Ada Okorie.

ABOUT LAGOS BUSINESS SCHOOL

The Lagos Business School (LBS) is the Pan-Atlantic University’s graduate business school. LBS offers academic programs, executive programs, function-specific courses/seminars as well as customized programs (tailored to specific company needs) in management training. Its offerings have been ranked among the best in Africa as it consistently strives to improve the practice of management on the continent.

The business school’s efforts have been recognized by several world-class accreditations and rankings. In addition to the quality bar set at global standards, LBS programs are also distinguished by their emphasis on professional ethics and service to the community. Education at LBS is comprehensive, drawing on the experiences of a multinational faculty and participants. The learning is participant centered and uses the case study method and group work approach. Activities take place in the school’s purpose-built facilities, whose lecture halls welcome more than 3,000 participants from Aboriginal and multinational corporations each year. These attest to the pedagogical expertise, the relevance of the programs and the overall benefits derived from participation.

LBS is a member of the Association of African Business Schools (AABS), Global Business School Network (GBSN), Principles for Responsible Management Education (PRME), AACSB International-The Association to Advance Collegiate Schools of Business and from the Graduate Management Admission Council (GMAC), alongside 220 leading graduate business schools around the world. GMAC is an organization of the world’s leading graduate management schools and the owner of the GMAT exam.

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