While the World Bank and the multilateral institutions had insisted that
what Africa needed most was basic education, it is now emerging that a
great higher education, rather than basic education, can lead to tremendous economic achievements for a
country. Are we educating African youngsters with the right higher education. That which
will help them become future entrepreneurs in their own right, and
become job creators, rather than job seekers. Our universities must then become
change agents, and ensure that the education they give
African youngsters is top notch and innovative. Imagine if we had just
twenty universities that could draw students from all over Africa and
the rest of the world. The talk about joblessness would not even be
there. According to the kauffman
foundation, the value of companies created or co-created by the
world reknown MIT alumni
is a trillion dollars. Imagine just one university creating an economy
that would roughly equal Africa's GDP. While African universities are great in teaching, more needs to be done in the area of research, to ensure that more innovative products are churned out of our universities. According to the Webometrics ranking of universities, few African universities make it to the top globally.
In a 2013 survey by PWC, a well respected audit firm, CEOs of top businesses in Africa cited the lack of talent as the most portent threat to their businesses. By having world class universities, we would be creating a self sustaining cycle. These universities will be able to attract the best and brightest students and faculty from across the world, which will in turn attract more funding from the corporate world as the students would shine later on in life and project the name of the university globally. The increased funding would lead to more innovative research, which will help African societies solve their most pertinent problems. Currently, there is a high level of brain drain from Africa as the fierce war for talent takes effect. If Africa had more world class universities, brain drain would be a thing of the past, as the African professionals would have preferred to work in their home countries.
We are Home of Compassionate Conservatism. (Capitalism with a Human Face). What's The Sweet Spot Between Those Who Believe Behind Every Great Fortune is a Great Crime and Those Who Believe Creative Genius Entrepreneurs are a shrinking lot throughout the world and must be rewarded With Infinite Quadrillions? Editor: Koni Okango Mabinda. Email Contact:info@africa54.co.ke Physical: Bidii Farm, Kitale, Kenya.
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