Dr Esther Laryea is a senior lecturer in the Economics and Business Administration Department at Ashesi University. She teaches finance-related courses like Corporate Finance and International Finance. She is also the lead on the Business Administration Applied Project Capstone which focuses on providing students an opportunity to consult for real-life companies.
As a college student, my hardest classes were the abstract ones. I would zone out, and when I tuned back in would wonder about the relevance of what was being taught. During my postgraduate studies, I encountered my very first case study in one of my finance courses, and I was fascinated to see the classroom come alive. It was easy to make connections, and the concepts we studied suddenly seemed extremely relevant to me. I was enthralled and engaged throughout the class; this time there was little reason to zone out. I kept these contrasting experiences in mind when I started teaching, and I promised to do my best to make lessons as tangible as possible for my students. Once I started, I observed that my case classes were missing an essential spice: context! There were very few relatable cases written on the African continent, for students on the continent, that I could use in my classes. This had to be fixed, and quickly too.
Africa has a unique business landscape characterized by complex informal business settings and influenced by its cultural diversity. Typically, the business setting and operations of an African business differ from those of businesses in the West. Even the broader external infrastructure which supports businesses varies significantly. African businesses have to deal with the nuances of our legal, political, tax, and broader social structures.
Individuals and businesses that successfully master their contexts, master their trade as well. Unfortunately, the materials used in preparing professionals to work in these contexts do not sufficiently account for them. A lot of the textbooks used in African business schools are written by professors from the West who do not always have a full grasp on the African context. Yet, It would be unreasonable on my part to suddenly call for a boycott of Western textbooks when we have no immediate replacements. Instead, I would advocate for the development of context-relevant teaching materials, and I suggest we prioritize case studies.




