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The University of Lagos (UNILAG) has been named the third (3rd) most productive school in educating entrepreneurs in an online publication by Forbes titled: “If You Want To Start A Tech-Company In Africa, Go To College.

UNILAG was ranked alongside the University of Cape Town, South Africa, which took 1st place; Makerere University, Uganda, which came 2nd; University of Nairobi, Kenya, which came 4th and Stellenbosch University, South Africa, which took 5th place.

The article further described the University of Lagos and the University of Nairobi as the “startup powerhouses of Nigeria and Kenya.”

The article, which was written by Meghan McCormick, CEO & Co-founder of OZÉ and contributor on FORBESWOMEN, analysed the importance of education in entrepreneurship in Africa. This was deduced from a research report titled, “Gender & Demographics in Africa’s Green & Digital Transformation”, by Briter Bridges, a data-driven research company.

Although the study population were tech entrepreneurs, it was established that having at least a bachelor’s degree is a significant factor for a startup to thrive in an African country. According to the research data, only 1% of tech entrepreneurs who participated in the study had no degree.

UNILAG said in a statement published on its official website: “We are delighted about this feature and use this opportunity to remind our students of the university’s mandate to produce talented and creative thinkers who before graduation are fully equipped and poised for the world outside the University campus.

“Ultimately, we aim to produce employers of labour, innovators, inventors, creatives and world leaders.”

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