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MayJune2003

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'' with an excellent infrastructure, a first-world financial sector, and some great tertiary institutions with long traditions of excellent scholarship. However, apartheid opened up a void between South Africa and the rest of Africa," he says. "Our efforts today are aimed at closing these gaps and playing our rightful role amongst the people of Africa." The University of Stellenbosch is taking this role serious- ly, says Smit. This year, it will take its MBA degree first to Nairobi, and then to other West African countries. The school also plans to hold shorter business programs in Namibia, Botswana, and Tanzania. Its African Centre for Investment Analysis focuses on African capital markets and organizes an annual African Investment Conference attended by business leaders and politicians from across the continent. The challenge of strengthening the network of manage- ment education institutions in Africa is formidable, says Spar. "We can look at the task and say it's too daunting, or we can accept that it's daunting and start chipping away at it bit by bit. Clearly, that's the right road to go." Spar would like to see the same interest in Africa's markets The FinancialTimes gives my students a global perspective that no other journal can. – RufusWaters,Professor of Finance&International Business California StateUniversity, Fresno '' The newEducationProgram fromtheFinancialTimes A powerful combination of print and online news resources– at huge discounts. that China inspired a few years ago. "There was a rash of case writing on China, which was terrific," she says. "It would be wonderful if we saw the same thing for Africa. African economies may not represent the same kinds of immediate business opportunities as China did, but the learning oppor- tunities it presents are tremendous." The learning opportunities Africa offers may very well Students at more than 500 colleges across North America subscribe to the Financial Times. Professors teaching all levels– from undergraduates, to MBAs and executives– tell us how much they value the FT's unmatched global business coverage and thought-provoking analysis. They use it in class to: be its greatest gift to the global business education com- munity. Africa's history is rich, although its pressing prob- lems have kept it somewhat disconnected from the global marketplace. Africa's progress in solving those problems, and more, depends on building institutions that will pro- duce cadres of effective, ethical, entrepreneurial managers. Strong management education institutions can enrich their local business environments by emphasizing good corpo- rate governance, high business ethics, anti-corruption prac- tices, conflict resolution, negotiation skills, and creative entrepreneurial management for small- and medium-sized enterprise development. The administrators, faculty, and staff of African business • Promote global awareness and perspectives • Relate class concepts to the real world • Keep students engaged and up-to-date Now including FT.com In-Depth (Level1). New for 2003, each subscription now includes access to valuable online content and tools, including searchable archives, breaking news, special reports, and more. Available at substantial student discounts and at no additional cost for professors! Discover how the Financial Times can enhance your students' learning experience – at 75% discounts for students and educational institutions (just 32¢ per issue). Please visit www.ftsubs.com/professor . schools say they are committed to working toward a new vision to better educate the African business community. And if they are given the right local and international sup- port, leadership, policies, and resources, a strong, globally integrated Africa may be well within their reach. ■ z Richard America is an executive professorial lecturer at Georgetown Uni - versity's McDonough School of Business in Washington, D.C. BizEd MAY/JUNE 2003 33 Professors: get a one-year print and online subscription when seven students sign up! Call (800) 628-0007 to get started today. For customized programs, please contact our Education Sales Director: Theresa.Bowerman@ft.com,tel (415) 445-5650. includes Online Access! Now

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