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The Only Cure for Poverty is Entrepreneurship, says Magatte Wade

Voice & Exit 2016 is this November. Tickets are on sale now but will sell out fast! 

Those poor Africans. Why haven’t they developed like Asia? It must be the colonial exploitation. Maybe it’s the tribal culture. Maybe they need more foreign aid. Maybe…

Just stop right there says Magatte Wade, Senegalese entrepreneur who has built two companies in the U.S. What Africa needs is for African leaders and laws to get out of the way.

Wade’s controversial message has caught the attention of the development community. She appears prominently, for example, in the Netflix documentary Poverty, Inc., where she argues that foreign aid — even voluntary aid — can do more to hogtie poor people than it does to liberate them.

Liberate them from what? Watch the talk.

Voice & Exit 2016 is this November. Tickets are on sale now but will sell out fast!