Education
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 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 enhance 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 is accessible at the website: https://africalive.education/
Education
Again, NELFUND Extends Deadline for 2025/26 Session Loan Applications
By Adedapo Adesanya
The Nigerian Education Loan Fund (NELFUND) has granted another extension for its Student Loan Application Portal to accommodate institutions that requested additional time for the 2025/2026 academic session.
According to the statement signed by NELFUND’s Director of Strategic Communications, Ms Oseyemi Oluwatuyi, on Thursday, the extension applies only to institutions that submitted formal requests, allowing eligible students extra time to complete their applications.
“The Nigerian Education Loan Fund has approved an extension of its Student Loan Application Portal for institutions that have formally requested additional time for the 2025/2026 academic session,” the statement read.
Business Post reports that at the beginning of March, NELFUND announced an extension to the deadline by a week for its student loan application portal following a notable rise in nationwide interest driven by ongoing awareness campaigns.
Speaking on the development, NELFUND Managing Director and Chief Executive Officer, Mr Akintunde Sawyerr, reiterated the Fund’s commitment to ensuring that eligible students at participating institutions can access the student loan programme.
“NELFUND remains committed to ensuring that eligible students across participating institutions have the opportunity to access the student loan programme,” he said.
The Fund urges students in affected institutions to take advantage of the extension and submit their applications through the official portal.
It also emphasised its dedication to transparency, accountability, and providing sustainable financing solutions to remove financial barriers to higher education in Nigeria.
Established to administer the Nigeria Student Loan Scheme, NELFUND was enacted into law by President Bola Tinubu in April 2024.
The initiative provides interest-free loans to students in public tertiary institutions to cover tuition and living expenses.
Beneficiaries are required to repay the loans after completing their education and securing employment, aiming to increase access to higher education for students from low-income backgrounds.
Education
NRS to Boost Tax Education in Nigerian Institutions
By Adedapo Adesanya
The Nigeria Revenue Service (NRS) has inaugurated a Curriculum Review Committee aimed at strengthening taxation education in Nigerian academic institutions and improving the country’s tax administration system.
According to a statement, the committee was inaugurated on February 24, at the NRS Academy in Durumi as part of the agency’s broader efforts to modernise tax education and align academic training with the evolving demands of contemporary tax administration.
Speaking during the inauguration, the Director of the NRS Academy, Mr Adeolu Akinyemi, said the review exercise would involve collaboration with the Chartered Institute of Taxation of Nigeria (CITN) to develop a more structured and relevant curriculum for the academy.
He emphasised that the initiative seeks to ensure that taxation programmes taught in Nigerian institutions reflect current developments in tax policy and practice, while also equipping students with the practical knowledge required in today’s tax administration environment.
The committee has been tasked with examining existing taxation curricula across Nigerian institutions and proposing updates that incorporate modern tax policies, recent legislative changes, and emerging areas such as digital taxation and global tax practices.
Officials say the review is also designed to close the gap between theoretical classroom instruction and the practical realities of tax administration.
By strengthening the link between academic learning and professional practice, the revised curriculum is expected to better prepare graduates for careers in the tax sector.
The effort is further expected to enhance tax awareness among citizens, encourage voluntary tax compliance, and support the development of skilled tax professionals who can contribute to national revenue generation and economic growth.
The committee is chaired by Mrs Aisha Hamman Mahmoud, Special Adviser to the Executive Chairman of the NRS on Research and Statistics. Its membership includes representatives from the service as well as academic experts in taxation and fiscal policy, alongside professionals with experience in tax administration, policy formulation, and tax education.
The committee will work with relevant educational regulatory agencies and professional bodies to ensure that the proposed curriculum aligns with national academic standards while addressing the practical needs of Nigeria’s tax system.
The NRS stated that the initiative forms part of its ongoing commitment to expanding tax knowledge, strengthening professional capacity, and promoting responsible tax practices across the country.
The curriculum review exercise is expected to be completed within 60 days, after which the Service plans to provide further updates on the implementation of the revised programme.
Education
Airtel Africa Foundation Gives Scholarship to 70 Nigerian Undergraduates
By Modupe Gbadeyanka
The first batch of Nigerian undergraduates to enjoy fully paid scholarships for studying science, technology, engineering and mathematics (STEM) courses across the continent has been chosen by Airtel Africa Foundation.
Business Post gathered that 70 students from universities across Nigeria were selected from thousands of applicants through an independently managed process, which took nearly six months.
It was learned that most of the undergraduates were from the University of Lagos (UNILAG), Obafemi Awolowo University (OAU) Ile-Ife, the University of Benin (UNIBEN), Tai Solarin University of Education (TASUED), the University of Ilorin, Ahmadu Bello University (ABU Zaria), and the University of Nigeria (UNN).
The scholarship covers tuition, laptop computers, living expenses, and essential learning resources, a statement from Airtel Africa Foundation disclosed.
The chairman of the foundation, Mr Segun Ogunsanya, speaking at the presentation of the scholarships to the beneficiaries at the Lagos headquarters of Airtel Nigeria, emphasised the need for initiatives such as the Airtel Africa Foundation’s undergraduate tech scholarship for the future of the continent.
“True legacy is not measured by the awards we win or the volume of SIM cards we sell; it is measured by the lives we save, the people we feed, and the students we support when the line between success and failure is at its thinnest.
“At the Airtel Africa Foundation, we believe that lifting people out of poverty is the ultimate benchmark of a great company. Today, we are writing that legacy by tilting the balance in favour of the brilliant but underserved, ensuring that the fourth industrial revolution, driven by AI and Data Science, is built by African talent for the African continent,” he stated.
Mr Ogunsanya further revealed that this fellowship, executed through Airtel Nigeria, is designed to bridge the gap where funding, skills, and opportunity often fail to meet.
In addition to the N500,000 yearly budget for the fellows’ four-year or five-year courses, each fellow would be integrated into a structured support system for academic guidance and career mentorship, intended to ultimately transition students from the classroom to the global tech workforce.
Addressing the students, the chief executive of Airtel Nigeria, Mr Dinesh Balsingh, stressed that youth development is a strategic imperative for Airtel.
“At Airtel Nigeria, we view youth development as essential nation-building. When young people succeed, innovation accelerates, and social stability improves.
“By connecting these brilliant scholars to knowledge, skills, and confidence, we are fulfilling our core mission to connect people to opportunity. To our recipients: you earned your place here through merit and discipline. You are now ambassadors of excellence, and we expect your leadership to be defined by your conduct as you help shape a more inclusive digital future for Nigeria,” the Airtel Nigeria chief said.
The Nigerian cohort joins a prestigious network of Airtel Africa Foundation fellows currently studying in Tanzania, the Democratic Republic of Congo (DRC), Uganda, and India.
The initiative underscores a broader commitment to technology education, youth development, and Nigeria’s digital economy.
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