The Forbes magazine has rated the University of Lagos (UNILAG) as the third most productive school in educating entrepreneurs on the African continent.
The magazine, in an online publication: “If You Want To Start A Tech-Company In Africa, Go To College,” ranked UNILAG third behind University of Cape Town, South Africa (first) and Makerere University, Uganda (second).
University of Nairobi, Kenya, came 4th and Stellenbosch University, South Africa, was in 5th place.
The article, written by Meghan McCormick, CEO & Co-founder of OZÉ and contributor on FORBES WOMEN, described the University of Lagos and the University of Nairobi as the “startup powerhouses of Nigeria and Kenya.”
The article focused on the importance of education in entrepreneurship in Africa, using a research report titled, “Gender & Demographics in Africa’s Green & Digital Transformation”, by Briter Bridges, a data-driven research company.
The research found out that, among the ‘tech entrepreneurs’, having at least a bachelor’s degree is a significant factor for a startup to thrive in an African country. Only 1 percent of the sample population of tech entrepreneurs had no degree.
Mrs Taiwo Oloyede, Head of the Communications Unit of Unilag, in reaction to the article, reinterated the institution’s commitment towards producing great employers of labour.
“The University of Lagos is delighted about this feature and uses this opportunity to remind great Akokites of its mandate to produce talented and creative thinkers who before graduation are fully equipped and poised for the world outside the university campus. Ultimately, UNILAG aims to produce employers of labour, innovators, inventors, creatives and world leaders,” she stated.