A new chapter of the Africa’s Young Entrepreneur Students Association (A.Y.E.S.A) has been inaugurated at Covenant University in Otta, Ogun State.

The inauguration is an evidence of Africa’s Young Entrepreneur (A.Y.E.)’s commitments to developing and empowering young entrepreneurs in Nigeria and across Africa.

AYESA in Covenant is not only about having students who start their own businesses, it is also about students who set their own goals in life as A.Y.E.S.A assists them with means to achieve them.

According to Summy Francis, A.Y.E. President, “It is about initiatives and proactive attitudes to solving problems that matter to people. It is about the university working closely with the surrounding society and private sector.

“AYESA is about understanding what you need to know to achieve something, and how to learn it. And this last part is what universities have a hard time adjusting to.

“For students to be creative, innovative and entrepreneurial, we cannot merely have them memorize what the curriculum requires, and cannot just keep them in the classroom.

“Real innovation and creativity happens in interaction with real life. Hence our platform will help them interact more with independent entrepreneurs within the A.Y.E. network present in 19 African countries that have the best interest of the young ones at heart,” Francis said.

Prof. Charles Ayo, Vice-Chancellor, Covenant University, while delivering his speech at the inauguration observed that the institution shared similar vision with A.Y.E., noting that the institution is envisioned to raising a new generation of leaders in all fields of human endeavour.

According to him, the lack of leadership capacity is evidenced in all businesses in the country: “If you ask me what we have as a continent, I would say the whole continent is in disarray, therefore making it practically impossible for anybody to maintain development and when you think of development, you will remember an environment that is beclouded with Anarchy, no way to survive,” the VC noted.

Prof Ayo however noted that the Chancellor of Covenant University, Dr. David Oyedepo was right on his position over the introduction of a degree programme on entrepreneurship at the institution affirming that entrepreneurship is the future for Africa.