New Chair on Energy and Social Development in Partnership with Fuel Freedom
Research will focus on ending energy poverty in Africa
IESE and Fuel Freedom launch the new Energy and Social Development Chair / Photo: iStock
IESE Business School and the Fuel Freedom Foundation have partnered to deliver the emPOWERing Africa project. Announced at the CGI’s annual meeting in New York last week, this new education program seeks to address the issue of energy poverty across Africa and to encourage the adoption of alternatives to oil and gasoline.
The project will work on identifying gaps in policy and management approaches to increasing access to basic energy needs (cooking, electricity, transportation) while engaging stakeholders and experts to provide effective solutions.
Starting in Strathmore University in Kenya, the program will focus on local capacity building, collecting data for case studies and energy education that will later be delivered to business leaders, policy makers and influencers at IESE’s campus in Barcelona.
The program is an initiative of IESE’s new Chair in Energy and Social Development, directed by IESE Prof. Ahmad Rahnema, deputy associate dean for Faculty and Director of the school’s Financial Management Department. According to Prof. Rahnema: “This new chair will boost IESE’s research into energy poverty and will have a special focus on the problems generated by energy poverty in developing countries.”
During the presentation, Fuel Freedom Chairman, Yossie Hollander said that: “We’re facing extreme energy shortage globally. Access to affordable fuels would create significant and positive change in developing nations, and is achievable by fuel diversification. This is why Fuel Freedom and IESE Business School are partnering to address this issue.”
The new program is the latest milestone in IESE’s ongoing commitment to improving the quality of management education and social development across Africa. Through the Africa Initiative, IESE has helped establish the Lagos Business School in Nigeria, Strathmore Business School in Kenya and the MDE Business School in the Cote d’Ivoire. IESE also supports the pan-Africa Advanced Management Program and Executive MBA programs of affiliate schools in Africa.