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INSEAD Africa Initiative


Prashant Yadav

Academic Director, INSEAD Africa Initiative

Vinika Rao

Executive Director, INSEAD Africa Initiative,

Emerging Markets Institute & Gender Initiative

Our Mission & Expertise

The INSEAD Africa Initiative (IAI) marks another step in INSEAD’s long and rich relationship with Africa. As Africa progresses on its journey of economic, societal and environmental progress, Business is playing a key role in driving that transition. The Africa Initiative aims to develop and disseminate the best of business thought leadership, teaching and research on this vast and diverse continent of 54 countries, great linguistic and cultural heritage, unique values and natural resources, and incredible ingenuity and flair for innovation. We believe that business has tremendous potential to be a force for good in Africa, aided by leaders who value social impact and are committed to the UN Sustainability Development Goals to drive these positive changes.

We believe that sound business education will be the engine for creating such leaders. With a core mission to bring together people, cultures and ideas to develop responsible leaders who transform business and society, INSEAD has a crucial role to play. Our faculty already conduct research and teaching on management practices on the continent, and our alumni, both in Africa itself and around the globe, will help us enhance our engagement with Africa.


Our Aims are:

  • Enhancing learning about Africa, its people, environment, businesses and innovations, through knowledge creation and dissemination at INSEAD.
  • Enhancing INSEAD’s contribution to Africa’s education, business and policy environment through sharing educational best practices and creating a vibrant community for interaction.

4 Pillars of INSEAD Africa Initiative 


African Fellows program


  • Academic and Executive fellows
  • African business scholars visit campus for 6 m - 1 year
  • Continued engagement and relationship pre and post visit
  • Opportunity for faculty recruiting
  • Career development and bi-directional learning


Africa focused pedagogical and teaching material


  • Research on management, social and economic development in Africa with focus on entrepreneurship, business model innovation, DEI issues
  • Cases and other pedagogical material to bring African business stories of success and failure into mainstream business education

Annual events to disseminate research and scholarly outputs


Annual flagship conference and smaller events to:

  • Learn from African business and government leaders
  • Disseminate faculty research relevant to Africa
  • Engage with alumni & external collaborators

Enabling Stronger Student Recruiting from Africa & Enriching Student Career Opportunities in Africa


  • Create additional opportunities for bringing African students and executives to INSEAD
  • Support student recruitment into Africa-based organizations
  • Serve as Institutional Partner for the Africa Business Club student & alumni chapters

In the Spotlight




Success Story: INSEAD - The business school for the world heads to Rwanda (EDP Programme)

A 5-day Executive Development Programme on "Valuation & Risk Management in Banking" held from April 25-29, 2022 in Rwanda for the first time, has received great success with positive response. An event hosted by Kigali International Finance Centre in partnership with INSEAD, The Rwanda's Bankers' Association, The Rwanda's Development Bank (RDB) and The Brussels-Africa Hub.

Catch the highlights on this video here. Video credit to our partner Mouctar Bah of the Brussels-Africa Hub for this video production.




In its effort to promote the continual improvement in quality learning and research across business schools in Africa, GBSN and INSEAD Africa Initiative are joining forces to offer a GBSN-INSEAD Africa Faculty Fellowship designed for educators who are committed to advancing the quality of their learning and teaching.

Our INSEAD Selection Committee comprises of: Professor Ithai Stern; Professor Mark Stabile; Professor Prashant Yadav; Dr. Vinika Devasar Rao

Read details here. Application has since been closed. 


Research; Publications; Activities


Research & Publications


Case Studies



INSEAD Africa Programmes


Africa Thought Leadership


Views expressed are the author's and do not necessarily reflect the views of INSEAD IAI

INSEAD Knowledge (Africa Focus)


Upcoming Events


Coming soon. 


Past Events




ESG: Driving Positive Change in Africa 

How Africa can accelerate development on the continent by using ESG? Join us in this webinar where our distinguished panelists will focus on the current status, global perspective and lessons, and ESG disclosure as a driver of sustainability performance among other issues.

An event in collaboration with Risk Insights Inc. 

> Watch the webcast here.



How can Africa bolster its Resilience in the face of mounting Geopolitical pressures?

An interactive session and talk with Colin Coleman on how Africa can become more resilient in the face of mounting geopolitical pressures. Colin, a widely regarded expert on the economic development challenges and opportunities across the African continent, currently serves as INSEAD distinguished fellow after having served as the CEO of Sub-Saharan Africa for Goldman Sachs.

Event brought to you by INSEAD Africa Initiative and Africa Business Club.



Climate Change - Impact on Africa on November 03, 2022

Climate change is having a devastating impact on the African continent. It is creating food insecurity, stressing water resources, depleting human health, causing population displacement and negatively impacting socio-economic development in Africa. Like elsewhere on the planet, its consequences are felt most by those that can afford it the least. The panel will discuss the impact of climate change on Africa and the possible solutions to reduce or counter the same.

> Watch the webcast here.



U.S-Africa Business Summit 2022 - "Health Supply Chains in Africa" on July 22, 2022

INSEAD Africa Initiative's Academic Director, Professor Prashant Yadav has been invited to moderate this plenary which will bring together key players from the African Union, regulators, national level governments and private sector experts to talk through not just the current state of supply chain issues, but also suggest ways to make Africa’s health systems more self-sufficient and resilient.

Details here. An event brought to you by Corporate Council on Africa (CCA) in partnership with the Kingdom of Morocco.



Ellevate Leadership Program: "Leading with Authenticity" An interactve session with amazing African Women leaders in participation, Dr. Vinika Rao, Executive Director of INSEAD Africa Initiative, conducted this session with exciting topics dicussed on (1) what does #leadingwithauthenticity mean to you? (2) what kind of #authenticleaders would you want to be? (3) what challenges have you faced when bringing your #wholeselftowork? (4) has #covid-19 increased the importance of Leading with Authenticity?

24 May 2022, virtual workshop with participants from 12 different industry sectors & 10 countires in Africa, held by GBSN & Ecobank, in collaboration with IAI and EMI.




INSEAD's Annual Africa Business Conference is back! A virtual event with a series of panel discussions with the theme "Africa to the World: The Entrepreneurial Energy and Innovation of the Continent".

More details here for other panelists.]

11 May 2022, Webinar

An event proudly brought to you by INSEAD Africa Busines Club, in partnership with INSEAD Africa Initiative.




An exciting webinar "Connect Africa - An insight into Agriculture on the African Continent" where panelists will bring forth insights on exploring how Mauritius and Singapore can collaborate over agricultural investments in Africa.

Event hosted by Connect Africa, in collaboration with INSEAD Africa Initiative and Olam International.

25 April 2022, Webinar; Listen to the full Podcast here.




Women and Responsible Management Innovations in Africa's Supply Chains

Africa's sustainable development is an ongoing multi-faceted challenge that requires diverse and innovative approaches. This session will highlight two global initiatives, UN Global Compact PRME and INSEAD Africa Initiative, and two unique initiatives, Logivators and Bashaier.

11 April 2022, Webinar







FOR INSEAD STAFF ONLY, Staff Learning Event

Tuesday 5 April, 1000-1100 CET; 1200-1300 GST; 1600-1700 SGT Venue: Amphitheatre 104, Asia Campus and offered online across campuses


An event in collaboration with the Gender Initiative, Africa Initiative and the INSEAD Hoffmann Global Institute for Business and Society.





China's Role in Africa: Boon or Bane?

China has become a major economic force in Africa and maintains its most significant overseas military base on the continent. Interpretations of its engagement have ranged from China as a force for good for the continent, providing public infrastructure and enabling economic development, to China as a neo-colonial presence, intent on using "debtbook diplomacy" to subjugate Africa.

1 December 2021, Zoom Webinar Speakers' Bio Image




New Case discussion

Turning the Tide in Mozambique: Developing Gender Initiative Inclusion at Major Transport Hub

By Zoe Kinias, Associate Professor of Organization Behaviour at INSEAD, Academic Director of INSEAD Gender Initiative

26 November 2021, Asia Campus

For current MBA students only.





A GBSN Beyond virtual conference series.

Stakeholder Dialogue: Building Sustainable Humanitarian Supply Chains

17 November 2021, Zoom webinar

An event hosted by Global Business School Network.





INSEAD Africa Initiative Inaugural Research Seminar

9 November 2021, Europe Campus

Building Africa's largest pharmacy and PHC network through business model innovation: The journey so far, and the path forward

- Mr. Gregory Rockson, CEO of mPharma

Event co-hosted with INSEAD The Healthcare Management Initiative





Webinar "Innovation At The Base Of Pyramid: Babylon Health In Rwanda"

Over 30% of Rwanda’s population seek medical assistance via digital health consultations. This webinar shared insights on how leveraging technology to empower health centres and improve patient care has led to the success of Babylon Health in Rwanda – a partnership that has created Africa’s first universal primary care service and positioned Rwanda as a world-leader in digital health.

9 June 2021





A Roundtable on 'Business as a Force for Good in Africa'

Hosted by INSEAD Dean Ilian Mihov, with honourable guests, the Honourable Minister of Finance, Budget and National Planning of Nigeria Mrs. Zainab Shamsuna Ahmed and the United Nations Assistant Secretary General and Director-General of the Africa Risk Capacity Mr. Ibrahim Cheikh Diong and our Alumni Panelists Nabila Aguele, Dare Okoudjou, Jorge Fernandez Vidal and Lucy Quist.

8 June 2021




INSEAD Africa Business Club Leadership Series "The Role of the Private Sector in Africa’s Development"

18 June 2020
- Live broadcast through Zoom

A fireside chat with Mr. Ibrahima Cheikh Diong, Founder and Chairman, Africa Consulting and Trading.





Global Leadership Talk Series: Dr. Brahima Coulibaly, Senior Fellow and Director of the Africa Growth Initiative of the Brookings Institution, on Brookings Institute report "Foresight Africa: Top priorities for the continent 2020-2030"

13 February 2020, INSEAD Europe Campus

Event by Hoffmann Global Institute for Business and Society, co-organized by the Global Leadership Club, the Emerging Markets Club and the Africa Club.





IAI Special Event "Strengthening Your Leadership Toolkit" with Professor Modupe Akinola, 15 November 2019 - Nairobi, Kenya

An insightful sharing by Professor Modupe Akinola, Visiting Fellow at the INSEAD Gender Initiative. The event was attended by the alumni of INSEAD and Columbia Business School and other invited guests in Nairobi, Kenya. A thought-provoking session from which participants emerged with a leadership toolkit to strengthen their capacity to excel personally and professionally as they work to achieve a sustainable competitive advantage for their organizations.


Global Community

Meet The Team


Prashant Yadav

Affiliate Professor of Technology and Operations Management at INSEAD
Academic Director, INSEAD Africa Initiative.

Professor Yadav’s work focusses on health and social sector development through market based approaches He is the author of many peer reviewed scientific publications, and his work has been featured in prominent print and broadcast media Prashant serves on the boards of many social enterprises, non-profits, and a venture fund.

Before his current role Prashant worked as Strategy Leader Supply Chain at the Bill Melinda Gates Foundation Prashant also maintains a strong policy focus in his work He is a Senior Fellow at the Centre for Global Development and has provided expert testimony on multiple occasions in prominent legislative bodies around the world, including the US Congress. Prashant trained as a Chemical Engineer and obtained his PhD in Management Science Operations Research.

View Profile




Olumurejiwa Fatunde

Visiting Senior Researcher

Olumurejiwa (Mureji) Fatunde is a Postdoctoral Fellow in the Operations Management and Statistics research group within the Rotman School of Management at University of Toronto.

Her research interests include informal supply chains, behavioral operations, and the application of natural language processing and other machine learning methods to operations challenges. Her work leverages methods from diverse fields including operations research, statistics, computer science, and economics. She received a PhD in Operations Management & Decision Sciences from the Massachusetts Institute of Technology in 2022.

Before beginning her PhD, she worked on several projects related to improving public health supply chains in Nigeria. She holds an undergraduate degree in Biomedical Engineering from Harvard University and an MSc in International Health Policy (Health Economics) from the London School of Economics.


Vinika Devasar Rao

Executive Director, INSEAD Africa Initiative, INSEAD Emerging Markets Institute & Gender Initiative
Asia Director, INSEAD Hoffman Global Institute for Business & Society

Dr. Rao’s research is in gender diversity in corporate leadership, male allyship, millennials & inter-generational influences on the workplace, and emerging markets strategy. She is frequently invited to speak on related topics and is quoted / published in leading business publications. She started her career with an MNC bank and went on to become Managing Director of an Indonesian conglomerate, before making a serendipitous transition to education. Prior to joining INSEAD, she was Associate Professor of Strategy at the S.P. Jain Centre of Management, Singapore. She has a doctorate in leadership diversity from the Singapore Management University and an MBA from IIM Bangalore. She currently sits on the boards of a non-profit organization and a think tank and is Ambassador, Power Women of India; Council of Leaders, Women Icons Network; International Advisory Committee, Mody University; and Ambassador, She2030.

Vinika is passionate about supporting women managers to make fulfilling work-life decisions, aiming to do this through active sponsorship rather than mentorship alone. She believes that business has the potential to be a force for good, led by managers who value social impact and are committed to the UN Sustainability Development Goals.


Jean Lim

Administrative Assistant

Jean Lim is responsible for the overall administrative coordination of the INSEAD Africa Initiative. She manages the website, events, social media presence and related activities. Jean is the contact person for any queries you may have for IAI.

Prior to joining INSEAD, Jean has held various administrative roles in the multinational environment, providing support to Directors; human resources management and taking care of secretarial and office administration management.


IAI Fellows


Distinguished Fellows


Lite J. Nartey

Visiting Professor of Strategy at INSEAD, Europe Campus

IAI Inaugural Distinguished Academic Fellow Professor Lite Nartey is a Visiting Professor of Strategy at INSEAD Fontainebleau. Her expertise in Africa focused strategy is directly relevant to the IAI mission to develop research, teaching and pedagogical instruments relevant to Africa.

Professor Lite holds a PhD in Management from The Wharton School, University of Pennsylvania, a MPA in Public and Nonprofit Management and Policy, as well as MSc in Management from The Wharton School. She was formerly on the faculty of the Sonoco International Business Development, Darla Moore School of Business, at the University of South Carolina.

Dominique Lecossois

Distinguished Fellow

Mr. Lecossois has over three decades of retail experience in global emerging markets. Mr. Lecossois is currently the Operating Partner of a Nigeria based mid-size equity firm with the mission to invest in West African SME’s in building regional champions. He is also the Board Member and Chairman of the Strategy Committee of an African supermarket chain strategizing to expand its growth within the continent. His areas of focus will be building a sustainable supply chain working directly with African growers and manufacturers. He will also be focusing on promoting, coaching and mentoring African women to highlight their potential and capabilities to foster a more inclusive work environment.



Akim Daouda

Distinguished Fellow

Mr. Daouda is an investment professional with two decades of experience in driving large-scale social and economic development projects across the African continent. As the CEO of Fonds Gabonais D’Investissements Strategiques, the Sovereign Wealth Fund of Gabon, he oversees the execution of the Fund’s strategy, supporting the government’s plan towards energy transition and biodiversity promotion and protection, including leading the world’s first and largest ever carbon credits issuance by a sovereign wealth fund. A leading African climate finance pioneer, Mr. Daouda holds active roles on several corporate and advisory boards focused on unlocking investment and support engagement with African financial institutions such as the Glasgow Financial Alliance for Net Zero (GFANZ) African Network and Union Gabonaise de Banque, a subsidiary of Morocco’s Attijariwafabank and Gabon’s second largest bank. Mr. Daouda is also a recipient of the World Economic Forum’s Young Global Leaders award and the Tutu Fellowship Programme.


Colin Coleman

Distinguished Fellow

Mr. Coleman is a South African businessman, academic and public figure. He is currently an independent non-executive member of the board of The Foschini Group and member of the advisory board of AriseIIP, a developer and operator of industrial ecosystems in Africa. He is also Co-Chairman of the Youth Employment Service (YES). A former partner of Goldman Sachs, Colin was Chief Executive Officer, Sub Saharan Africa, Goldman Sachs, until his retirement in end 2019. In the 1980's, Colin was an anti-apartheid activist, deeply involved in South Africa’s constitutional transition from apartheid to democracy since 1989. He was awarded the World Economic Forum’s "Global Leader for Tomorrow" and named as one of Euromoney's World Top Ten “Financing leaders for the 21st Century."

David Mathuva

GBSN-INSEAD Africa Faculty Fellow

Dr. Mathuva is currently a Senior Lecturer and Director, Undergraduate Programmes at Strathmore University Business School (SBS). He also serves as the Academic Director in the MSc. in Development Finance Programme. Previously, David served as the Faculty Affairs Director at SBS. David holds a PhD in Business Administration (Accounting and Finance), a Master of Commerce (Forensic Accounting) and he is a member of Institute of Certified Public Accountants of Kenya (ICPAK), a member of the Association of Certified Fraud Examiners (ACFE) and a Fellow of Higher Education Academy, UK.  Apart from his previous corporate experience in the financial services sector in KPMG where he has been consulted for various corporations within the East African region, David has also taught for 13 years at both academic, professional, and corporate/executive levels, involving in speaking engagements in the international accounting and finance conferences and has since published several research articles.


Meet The INSEAD Africa Club


INSEAD Africa Club is dedicated to developing the business and human capital of the African continent within the INSEAD community. The Club welcome membership from all current students with an interest in the African continent.  Contact INSEAD Africa Club for more information. 

INSEAD Africa Club's Mission & Goals

Fontainebleau & Singapore Campuses - MBA Class of 23J Committee (July 2023)


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