Does Africa need better business schools?

Critical to Africa’s economic growth problem is a lack of the managerial skills needed to grow successful firms. By providing firms with a stronger pool of trained managers, African business schools can help foster a healthy private sector.

So say Guy Pfefferman and Brent Chrite in our new online discussion. I respond:

I recognise the value of management training, but why is it important that the business schools are in Africa? Trained managers are mobile. Why not, instead, provide scholarships to Africans in foreign schools? On the flip side, what is to prevent trained managers from emmigrating?

But what do you think? Comments please! No, not here - over on the discussion site.