March 27th,2013
Stanford Graduate School of Business Students visit kLab

Thirty three students from Stanford Business School along with Nobel Prize winning economist Myron Scholes visited kLab. The trip led by four students is part of Stanford Global Study Trip and was focused on understanding the rapid growth rates taking place in Rwanda. The group of thirty three had a lunch session at kLab where after being introduced by Paula Ingabire, External Support Division Manager at RDB-IT they were given a tour by Claude Migisha, kLab General Manager who also answered questions raised about kLab activities and mission.

Among presenters were Carnegie Mellon's Director Dr. Bruce Krogh who introduced Carnegie Mellon University-Rwanda and talked of the university's multidisciplinary curriculum that strikes a fine balance between technology, business, and innovation, preparing the next generation of IT leaders in East Africa as well as its expectations out of the ten year contract it signed with the government of Rwanda. Tony Sebera, ag. CEO of Broadband Systems Corporation also gave a brief highlight of the success of broadband which is one of the key elements the government is investing in a lot as it strives to become the East Africa's ICT hub.

They expressed the team's joy at the opportunity to engage and share perspectives with notable tenants and mentors at kLab. Andrew James a business students from Stanford says his excitement to come to Rwanda and kLab in particular had no limit. "We've only been here for about 30 minutes but this is like exactly the kind of thing everyone is excited about, because you know coming from Silicon Valley and seeing this, it's really exciting. " he said. "From what we've heard it's quite remarkable how much Rwanda has done to get on pace with the first running world, some programs are being made here yet they haven't been made in the USA which is really worthy of attention," he added.

Lindsay Wishart who was also part of the team shares how revealing her first visit to Rwanda is. "It's my first visit to Rwanda and I didn't know how it would be, though it's really been amazing, we visited many places but what's most exciting is the way Rwanda's economy is growing particularly in relation to ICT, we have heard of the incredible projects being accomplished by The Government of Rwanda and young Techpreneurs here at kLab." Lindsay said. She also talked of the impressive appearance that kLab has, "It actually looks like the Google office setup, it's really amazing to find out that the same thing happening in The USA can happen here as well," she concluded.

Among the guests was Myron Scholes, Professor of Finance, Emeritus, at the Stanford Graduate School of Business, Nobel Laureate in Economic Sciences, and co-originator of the Black-Scholes options pricing model. Scholes was awarded the Nobel Prize in 1997 for his new method of determining the value of derivatives. The great welcome was concluded with a short interaction between Stanford students and kLab tenants, some of the students actually talked of having thoughts of moving to Rwanda in the future.