Professor Wim de Villiers, the university’s rector and vice-chancellor, expressed enthusiasm for the initiative, stating that the centre will contribute to resolving unemployment, poverty and inequality in Africa.
The Allan Gray Centre for African Entrepreneurship will be led by two co-directors, Dr. Phumlani Nkontwana and Professor Erik Stam, who bring extensive knowledge and experience in the entrepreneurial sector. Dr. Nkontwana expressed hope that the centre would inspire the growth of high-impact ventures in Africa, fostering economic development and facilitating collaboration between public and private stakeholders.
The ultimate goal of the centre is to generate valuable knowledge that can be shared with local innovation hubs and ventures, empowering them to drive progress and contribute to Africa’s economic growth. Anthony Farr, CEO of Allan & Gill Gray Africa, highlighted the importance of developing greater intellectual rigor around entrepreneurship on the continent. The centre will offer insights into entrepreneurial ecosystems and their potential to advance prosperity for all.
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