Lagos Business School has signed a Memorandum of Understanding (MoU) with Nanyang Business School (NBS), Singapore to boost the relevance of its academic/executive programmes and faculty capacity.
Effective from August 27, 2014 the MoU – which ties in with LBS’ efforts to remain a bastion of management education on the continent – will pave way for partnerships between both schools in research, executive and leadership training, and student exchange programmes.
Like LBS, Nanyang Business School is ranked among the world’s premier business schools, and has been advancing global management knowledge and practice for over 50 years.
The MoU is a follow-up to the Singapore-Africa Business Summit held in Singapore recently, which aims to provide Asian entrepreneurs a good knowledge of Africa’s markets, while nurturing Africa-savvy talent that will enable them establish and expand on the continent. Dean of LBS, Dr Enase Okonedo, was at the Conference where she signed the MoU with her NBS counterpart, Ravi Kumar.
“Africa is no longer a region that businesses can afford to ignore if they want to thrive in the next 50 years. With a youthful and ambitious population of 1 billion people, the continent will be the next leader of global economic growth as social and political transformation takes root,” said Kumar.
The MoU, which is ongoing, will remain effective for an initial period of five years.