Education, Entrepreneurship Crucial To Africa’s Greatness – TETFund Boss
By Alice Etuka, Abuja
Executive Secretary of the Tertiary Education Trust Fund (TETFund), Arc. Sonny Echono has underscored the pivotal role of education and entrepreneurship in Africa’s path to greatness.
Director, Public Affairs of TETFund, Abdulmumin Oniyangi disclosed this in a statement issued on Friday, July 26, 2024.
Speaking at the 9th Africa Leadership Magazine Summit in London, Echono emphasised that integrating education with entrepreneurial skills is essential for unlocking Africa’s potential.
The event is aimed at mobilising policymakers, business leaders, and other stakeholders to explore sustainable socio-economic strategies for the continent.
Receiving the Africa Leadership Excellence Award in Educational Development from Bahamas Prime Minister, Philip Davis, Echono highlighted the summit’s theme, “Africa Unleashed: Navigating Disruptions, Enhancing Opportunities,” as a call to action for global leaders.
He advocated for robust policies and strategies to help Africa overcome obstacles and seize opportunities.
The TETFund Boss also called for a multifaceted approach to harnessing Africa’s potential, focusing on leadership reforms, effective use of funding for infrastructure, and enhancing regional integration.
Addressing leadership issues, Echono stressed the need for genuine democratic practices, good governance, and transparency to achieve political stability and economic growth.
He further called for the efficient use of international funds to drive major infrastructure projects, particularly in energy, transportation, and communications.
On regional integration, Echono emphasised intra-African trade and collaboration to leverage the continent’s collective strengths. He advocated for a revival of Africa’s cultural identity to boost global partnerships and market access, as well as a focus on environmental sustainability and climate action.
He also highlighted the importance of prioritizing human capital by investing in healthcare, education, and poverty reduction to build a skilled, productive population. He pointed out that empowering Africa’s youth through entrepreneurship education can drive innovation and economic growth.
He noted TETFund’s efforts in Nigeria to bridge educational gaps, including funding for research and innovation. TETFund’s initiatives, such as Research for Impact (R4i) and the TETFund Alliance for Innovative Research (TETFAIR), have supported numerous prototypes and innovations with commercial potential.
Looking ahead, Echono revealed plans to establish new research laboratories, innovation hubs, and entrepreneurship centers in Nigeria, adding that these initiatives aim to foster groundbreaking research and development, enhancing entrepreneurship and job creation in line with global standards.
