Walter Kiebach Center for International Business Studies secures Federal grant for Africa Business Program.
The Kiebach Center for International Business Studies began administration of the Africa Business Program, a venture made possible by seed money from a two-year $177,000 grant from the U.S. Department of Education’s International Business and Education program to promote doing business with sub-Saharan Africa.
The goals of the program were to:
- Enhance awareness regarding the Africa business environment and the associated opportunities and challenges
- Provide information regarding the business models appropriate for conducting business with African countries
- Give U.S. businesses a first-hand experience on Africa
- Help U.S. businesses integrate their Africa business within the overall firm strategy
African businesses continued to be challenged by poor infrastructure, government instability and the impact of chronic disease on the working population, according to the Africa Business Program professors. The program helps to bring these challenges to light, and seeks to inform business people and educate students about the opportunities and emerging industries, as well.
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