A number of business ventures in Africa fail because of inadequate resident knowledge on consumer insights; prohibitive government regulations, poor management and financial constraints, an official of Association of African Business Schools has said. Mrs. Corne Carolan was speaking Wednesday May 21, 2014 at Jomo Kenyatta University of Agriculture and Technology where she accompanied other officials in a visit to the School for Human Resource Development (SHRD).
To spur business growth and development in the continent, Carolan who is the Association’s acting Programme Director, has called on synergistic approach involving African governments, training institutions and business community to discuss and find viable and sustainable solutions.
‘Training intuitions should engage the industry in order to produce graduates who can pioneer business solutions that are responsive to the needs of the continent,’ Carolan advised. ‘At the same time, the government should reach out and simplify business and entrepreneurship related regulations for ease and efficiency doing business in Africa,’ she added.
While receiving the officials to JKUAT, Prof. Elegwa Mukulu, Dean SHRD said that the School has a strong and dynamic reservoir of human resources and teaching facilities in the areas of business and entrepreneurship.
‘We have over two hundred teaching staff, half of which are resident; making our University very attractive to students both locally and internationally,’ said Prof. Mukulu.
The Dean added that JKUAT has instituted stringent quality measures governing admission, teaching and evaluation of the students, which has enabled the institution to produce quality graduates.
Association of African Business Schools brings together business training institutions across the continent. It aims to improve business education through faculty development besides fostering useful networks among the members. Only three Kenyan business training institutions: JKUAT, United States International University and Strathmore University, are members of the Association.
The delegation was also addressed by SHRD departmental heads: Dr. Margaret Oloko of Commerce and Economic Studies; Prof. Gregory Namusonge of Entrepreneurship and Procurement; and Dr. Hellen Mberia of Humanities and Social Sciences.