April 29, 2015
Econet, African Leadership Network (ALN), and Management Leadership for Tomorrow (MLT) has partnered to launch the Africa Business Fellowship. The program is aimed at matching young American business professionals with paid 6-month placements in African companies. Its purpose is to strengthen relationships between the African and American business communities and provide future American business leaders with the hands-on experience they need to truly understand business in Africa. This programme is similar to the YALI Fellowship programme which is a six weeks intensive executive leadership training, networking, and skills building aimed at building the young leaders of Africa.
“Good partnerships are essential to progress in so many endeavors, including business. The new Africa Business Fellowship is an innovative approach to brokering links between emerging leaders in the US private sector and some of Africa’s most dynamic companies. It has great potential to plant the seeds of new long term personal partnerships that can bring influential individuals in the US and African business communities closer together. I endorse this important initiative.”
— Kofi Annan, Chair of the Africa Progress Panel, former Secretary General of the United Nations and Nobel Laureate
The Africa Business Fellowship is an unparalleled opportunity for American professionals to gain invaluable insight and hands-on experience in African businesses. It is a career development opportunity, an inter-cultural exchange program, and a networking platform. The ABF will develop high-potential American business professionals into leaders who have a sophisticated understanding of how business is done in Africa. In the long run, it will transform business relations between the United States and Africa.
The ABF has three main objectives:
EXPOSURE TO AFRICAN BUSINESS
The ABF gives American business professionals hands-on experience in the African business environment. Fellows learn first-hand how business is done in Africa and develop the hard and soft skills needed to achieve success on the continent.
Fellows work closely with their African colleagues, developing relationships that will last beyond their placement. As a small group, the fellows also have opportunities to build relationships with one another both during and after the fellowship.
PROFESSIONAL GROWTH & IMPACT
Fellows work on critical projects, defined in advance by the placement companies, that allow them to apply their business expertise and further refine their skills. They will be expected to report on their achievements, with a focus on measuring impact.
Africa Business Fellowship is looking for innovative and driven professionals who have a deep passion for learning about business in Africa. The ideal candidate will have an MBA and/or extensive business experience. We welcome fellows from a variety of business backgrounds, such as consulting, finance, strategy, general management, marketing, and/or entrepreneurship. It is not necessary for fellows to have previous international experience, but we look for people who demonstrate a genuine interest in African business.
As part of the program, fellows will receive a living stipend, housing, health insurance, assistance with visa applications, and additional support.
The programme will open applications in July 2015. For more information please visit the website.
Source: African Business Fellowship