In News by Oluwaseun Samuel on the 11th, June, 2020

UNILAG Makes Forbes’ Entrepreneurs’ Listing

UNILAG Makes Forbes’ Entrepreneurs’ List


College of Lagos

The College of Lagos (UNILAG), Akoka has been ranked third most efficient college in educating entrepreneurs in Africa.

In accordance with a report by Forbes entitled: “If You Need To Begin A Tech-Firm In Africa, Go To Faculty”, the college is the startup powerhouse of Nigeria.

The College of Cape City and the Makerere led within the rating forward of UNILAG; whereas the College of Nairobi, Kenya and Stellenbosch College adopted within the fourth and fifth positions.

The article, written by Meghan McCormick, CEO & Co-founder of OZÉ and contributor on FORBESWOMEN, analysed the significance of schooling in entrepreneurship in Africa.

This was deduced from a analysis report entitled: “Gender & Demographics in Africa’s Inexperienced & Digital Transformation”, by Briter Bridges, a data-driven analysis firm in Africa.

The report processed survey knowledge from founders & c-level executives from 1904 startups working throughout Africa. Whereas the entire corporations operated in Africa, 17.7 per cent of the businesses within the pattern had headquarters exterior of the continent.

One of many issues that the report checked out was schooling; the place and what the entrepreneurs studied and the best stage of schooling achieved.

The founders within the pattern achieved their levels world wide (41.6 per cent of founders within the pattern studied exterior of Africa).

Though the research inhabitants was tech entrepreneurs, it was established that having at the very least a bachelor’s diploma was important for a startup to thrive in an African nation.

In accordance with the analysis knowledge, just one per cent of tech entrepreneurs who participated within the research had no diploma.

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There was little disparity between the genders on the dimension of the place the founder studied; 44.6 per cent of females studied exterior of Africa as did 41 per cent of males.

Enterprise was the commonest diploma earned exterior of Africa at 64.three per cent of the pattern. The highest represented faculties will come as no shock.

In the USA, MIT, Harvard, and Stanford topped the checklist. The UK was the preferred vacation spot in Europe with London College of Economics, the College of Oxford, and the College of Cambridge making the highest 10 checklist.

On its web site, UNILAG expressed delight about being ranked third in Africa.

It acknowledged: “The College of Lagos categorical its delight about this characteristic and makes use of this chance to remind it’s college students of its mandate to supply proficient and inventive thinkers who earlier than commencement are absolutely outfitted and poised for the world exterior the College campus.”

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