Edwin Meese, presidential counselor, and Wharton School Dean Russell E. Palmer were honored in Washington, DC at a ceremony promoting the LEAD Program. LEAD is described as "a pioneering attempt to strengthen minority enrollment in the nation's leading business schools." In the program, talented minority high school students are exposed to business curricula during the summer, to encourage them to pursue business education at the collegiate level. Penn was the first business school to participate and was soon followed by Northwestern, University of Michigan, Columbia, University of Maryland, University of Virginia, and the University of California at Los Angeles.
Wharton hosted a conference on how to increase private enterprise in Africa. "The University of Pennsylvania's Wharton School will host the first known conference of U.S. and African academic, business and government figures designed to promote the private sector, and especially small business development, in Africa." A number of participants attend, including: US Congressman William Gray III; His Excellency Edem Kojo, former secretary general of the Organization of African Unity; Wila d. Mung' Omba, president of the African Development Bank; His Excellency Siteke Mwale, special assistant to the President of Zambia for regional cooperation; and His Excellency Marcelle Cross, Minister for International Cooperation, Guinea. "The Symposium on Economic Conditions and Developments in Africa, coordinated by Wharton's Entrepreneurial Center, will explore bilateral policy development by the U.S. and African states to promote strong economic partnerships and strategies consistent with the African conditions, according to Professor of Management Edward Shils, director of the Entrepreneurial Center. The conference is an activity of the new Wharton-Africa Entrepreneurial Project, directed by A. Romeo Horton and Edward Willis. Horton, a senior consultant at Wharton, is former Liberian secretary of commerce, and former president and founder of the Bank of Liberia. Willis, a lecturer in entrepreneurial management at Wharton, is currently a State Department consultant on small and medium sized business development in Africa."