The European Union (EU) Business School, one of Europe’s most prestigious business institutions, has signed a collaboration agreement with the African Enterprise and Entrepreneurship Institute Ltd/GTE of Nigeria. The signing ceremony, held recently in Lagos, marks a significant step in the Business School’s expansion into West Africa.
Key Announcements
Expansion and Access to World-Class Education
Mr. Luis Fernando Aguilar Aivarez, Senior Regional Manager, represented the President of EU Business School at the event. He emphasized that this partnership will provide Nigerian executives, professionals, and students with extensive access to world-class business education and enterprise development programs that were previously available only to EU citizens.
Support and Infrastructure
The President of the EU Business School commended the African Enterprise and Entrepreneurship Institute for its investment in the necessary structures and technology. This support will enable Nigerian and West African participants to undertake the Business School’s prestigious courses.
Study Options
European and Lagos Campuses
Participants have the unique option to study abroad at any of the three European campuses in Geneva, Munich, and Barcelona, or to engage fully with the programs through the Lagos Digital Campus operated by the African Enterprise and Entrepreneurship Institute.
Prestigious Institution
Founded in 1973, the EU Business School is a reputable, privately-owned institution offering programs focused on various aspects of business studies. The School’s expansion into Nigeria is expected to significantly enhance the educational landscape for business professionals in the region.
Executive Programs
Elite Successors Program
The EU Business School, in collaboration with the African Enterprise and Entrepreneurship Institute, is offering strategic executive leadership and strategy programs. Notably, the “elite successors” program is designed to prepare designated successors to build sustainable enterprises beyond their founders’ visions. This program places a strategic emphasis on disruptive markets, new job creation, and emerging technologies.
Vision for the Future
Dr. Nicky Okoye, Founder and President of the African Enterprise and Entrepreneurship Institute, expressed pride in the collaboration. He highlighted that the partnership is expected to provide significant value for Nigerian and African executives, professionals, and students seeking affordable world-class education. The Lagos Digital Campus will reduce foreign study costs by up to 80%, while still offering the opportunity to graduate from the Geneva campus.
Strategic Value and Cost Efficiency
Dr. Okoye, co-founder of Transcorp Plc and its first Group Executive Director Operations and Strategy, underscored the importance of the collaboration. He noted that the ‘elite successors’ program at the Geneva campus will help prepare future leaders for business growth and sustainability. Dr. Okoye’s leadership at Transcorp Plc included successful fundraising efforts, raising an unprecedented $1 billion within a year.
This collaboration between the EU Business School and the African Enterprise and Entrepreneurship Institute is poised to offer substantial educational and professional development opportunities for Nigerian and West African business leaders. The initiative not only provides access to world-class education but also ensures that participants can benefit from significant cost savings while gaining invaluable international exposure.
