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Monday, May 8, 2017

CEIBS Sponsors Africa Team for Barcelona Entrepreneurship Competition

May 8, 2017. Barcelona – Africa was represented for the first time at the annual “La Caixa” Foundation entrepreneurship competition, joining 40 teams from around the world at the four-day event which began May 4. Proudly represented by Eunice Sarpoma Adjapong and Felix Nii Odo-Agbodjan from the Merton International School in Accra, Ghana, the Africa team presented a project titled “Wealth Care: Gathering Rubbish to Provide Free Healthcare Insurance to Local Communities in Africa”.    

The participation of the African team in this year’s competition was made possible through the support of CEIBS, which sees the introduction of young Africans to the essentials of entrepreneurship as being an important step in promoting their social and economic wellbeing.       

“The idea for us is to start seeing young Africans using their minds to find solutions to problems in their communities,” said Prof. Mathew Tsamenyi, Executive Director of the CEIBS Accra campus. “Most second cycle institutions in Ghana do not include entrepreneurship in their curriculum and this does not equip students to think about solving problems around them. The ‘La Caixa’ Foundation Competition in entrepreneurship reveals the need to cultivate entrepreneurial skills and drive in young people from as early as secondary school, and we are happy to support such an initiative.”    

The two participants from Africa were selected in a rigorous process that included an initial selection of students from five secondary schools who were introduced to “KitCaixa”, a six-module syllabus that equipped them to innovate and observe the business world from new perspectives, while discovering new opportunities and developing real projects by themselves. They were groomed to develop an entrepreneurial attitude in identifying unresolved problems and unmet needs in Ghana and Africa as a whole. In teams, they were assigned roles in exploring ideas, creative thinking, coordinating, team building and communication; skills that were needed to accomplish their project presentations.  

Mr, Kwabena Somua Nyarko, a tutor at Merton International School who accompanied the students to the Barcelona event, said that the competition exposed the students to new ideas. “CEIBS has done really well to have sponsored us for this competition,” he said. “It was a good training in innovation and entrepreneurship for both the students and teachers, and a great opportunity for the students to learn about team spirit and working cooperatively. It has been an eye opener for us and we are grateful.”     

Ms. Celestine Kumahor, Programmes and Events Manager, and Ms. Lady Diana Nani, Programme Co-coordinator for the La Caixa Foundation Competition at the CEIBS Accra campus, were also with the team in Barcelona.   

The “La Caixa” Foundation competition is organised by La Caixa, the leading retail bank in Spain. The competition is aimed at awakening entrepreneurial abilities in students, promoting personal growth and increasing their capacity for initiatives that are of value to both the students and their tutors. The overall winning team, which is yet to be announced, will visit and train in Silicon Valley in the US. 


Samuel Ocloo-Dzaba
Janine Coughlin