The biggest challenge facing African companies is insufficient human capital, according to Katja Schiller Nwator, who oversees the Leadership Development initiatives at The Tony Elumelu Foundation. With well-trained individuals often leaving the continent to pursue promising careers elsewhere, there exists a deep void in the management pool. The Tony Elumelu Foundation is working to reverse this trend through the foundation’s flagship programme, the African Markets Internship Program (AMIP).
|Tony Elumelu, Founder
AMIP supports the growth and competitiveness of African enterprises by providing graduate students as Summer Associates – both Africans and non-African’s alike – from the world’s best business and policy schools. Associates are selected not only for their experience and expertise but also for their desire to develop deeper connections in Africa and contribute to the development of the continent long-term. Through the program, Associates work on projects for companies and government entities that would add value to their productivity and growth. Since 2011, the Foundation has successfully placed over 40 graduate students in more than 20 African businesses spread across seven major African cities. Associates have worked on a variety of business improvement projects in enterprises focusing on agribusiness, impact investing, technology, media, and financial services.
The program is growing in size and scope. This year alone, AMIP will host 40 students in nine cities across the continent - 50% growth since inception. “We see our graduates reapplying to the program, which illustrates the profound influence the internship experience has on these students and their enthusiasm to continue working on the continent,” said Katja. “They want to return and contribute to Africa’s development.” Graduates of the program who return to Africa are able to help develop and transform the continent in large part thanks to the contextual intelligence they have gained through the internship, a competency for global leadership in today’s complex world.
For more information on The Tony Elumelu Foundation, please contact Katja Schiller Nwator at email@example.com.