CNBC: Africans want to be entrepreneurs and don't want to rely on handouts

[VISIONSbyLauren]

Her points she makes about Africa having stability is great and accurate; however, I think she is either dubious or 'skillfully' dubious about China's presence in Africa. For superpower countries, its is always just business over everything else.

[Gombeboy]

Dambisa raises the main issues and has come up with very credible solutions. Whilst I do not agree with her approach, you can't deny this is an extremely intelectual school of thought which she is championing. I side more with Sorious Samura's stance that aid is a good thing, but needs fundamental reform. Differences can be made, but we need to look at grass root development. In fact, most Africans (well Ugandans, as I lived there) want to work on the social development within their nations.

[blueiguy1]

@3215murph Actually African Americans are not the majority of the percentages. It is the larger White community. The problem with the AA community is the we do not have the economic sector of our own community. AA Americans have always had to work for others not for ourselves. When we create a community we can solve the poverty problems.

[HybridD91]

@blueiguy1 Which is ironic because we spend soooo much money on the business of others. It would be nice if blacks spent a lot the money within the community.

[blueiguy1]

@HybridD91 We did at one point , black wall street for example but unfortunately due to racism it was burned down.

[ananse77]

@3215murph Are you suggesting that african americans are the only ones on welfare?That they don't own homes and have businesses? Do you KNOW any afro americans?

[YoungHorusMedia]

she's a shotta. i like...

[fricsta]

I agree 100% with what Dambisa is saying. In fact, quite a few of us in the African diaspora have been saying the same thing several years ago (admittedly, with a great deal less eloquence than she does).

Thank you Dambisa for getting the message out there, saying it like it really is, re-igniting our passions, and making our collective voices finally heard. For those who want to actually DO something and bring about real change, come join us on fricsta.com and lets do something GREAT

[SheaMamaNaturals]

micro loans will be the only solution to our problem in Africa. A lot of african women need loans to stsrt a business. African women are so industrious

[Ravengaurd6]

Miss Moyo! <3

so practical!

So logical!

so Beautiful!

So Economic!

[joeseth05]

I like Moyo points a lot.

[CrowdPleeza]

One thing that's important for African countries to straighten out is for them to get clear and enforced laws relating to land/property rights. This explains why Africa is rich in resources but poor. Until it's clear on who owns what land or property it won't be clear who should benefit from the land's resources. Not having established laws for land ownership is the cause of many of the conflicts on the continent.

[neonaction]

it's like stop giving the homeless guy free food. I don't believe the guy won't look for food on his own if nobody hands it out to him.

[savannahblk]

Wanna be all this; quit kissin and runnin up europes ass as all those africans on boats and those sorry leaders are doing; lmaooo. Go to school; get a loan from your supposedly own native bank; start a business, train and hire your fellow africans. HOW FREAKIN COMPLICATED IS THAT, BUT they the main ones destroying africa with all those civil wars and genocides.

[azerty123554]

i love miss moyo

[PauvrePapillon]

I love Dambisa Moyo!

[0Moreno0]

YES!! fuck Aid!! Aid is not doing nothing but make us worse

[wakhilemagongo]

Dambisa Moyo I fully agree with all that you have to say, I live in Swaziland and I notice that this country is disintegrating to nothing, even though so much aid is being pumped in by European Union, UN and the US. Instead of funds being channeled to the people in need to fight Poverty - such funds end up in the pockets of Government officials. Keep it up Ms Moyo - You are telling the absolute truth. I support you 100%

[FIGHTFANNERD3]

she looks kinda sexy

[JordanjamesX]

Why don't people talk about Botswana? Botswana's economy is growing at a huge rate. Of course, you don't hear about this in America! Dambisa's cogent argument is correct!

[TheReaganRevolution]

@JordanjamesX You must understand that many of us Americans choose reality shows over useful and enlightening information...saddly.

[sterlingtaste]

There is no progress in Africa because its people are stupid and have very low IQs. END OF STORY.

[FIGHTFANNERD3]

@sterlingtaste science can change that

[mxzysptlik]

@sterlingtaste Hmm...from what I heard about the continent, they have the same IQ's as the west 100 years ago if you go back and norm the test to the old standards. Their problem is they are 100 years behind the rest of the world.

[simbakafiri]

@mxzysptlik actually the IQ of the west 100 years ago is much higher than today people like you , lindsey lohan, kadashian, bush, the list goest on...

[mxzysptlik]

@simbakafiri I think it's fair to conclude you're an idiotic troll

[simbakafiri]

@mxzysptlik i am willing to entertain that idea so long as i give you facts...you can respond in the best way or level you IQ which is equal kadashian and real house wives IQ stands

[mxzysptlik]

@simbakafiri why do you even care? They're rich and famous and you're some loser on youtube. I have a question. If you're smarter than them, why aren't you rich?

[simbakafiri]

@mxzysptlik some of us are not inspired by material wealth but by knowledge and desire to do good....that's the wealth i care about...and yes i have two degrees in electrical engineering...so i am peace.....unlike you reality show watcher

[AFRIKTODAY]

Dambisa Moyo is a former Goldman Sach employee... so is Erin Burnet! Talking about two gangsters agreeing with one another! This is amusing!

One is the mouthpiece for the financial gangsters on wall street and the other is calling for " a mild tyranny" as the best political system for the reconstruction of the richest continent on earth! What is really going on in this world? Tyranny for solution?

Free market and political decentralization WORKS ANYWHERE, STARTING IN AFRICA!

[GGLebo23]

I love what she is saying. Instead of throwing starving Africans bags of money so that it can be funneled to their dictators and corrupt leaders, why not give them a cow, a chicken, and seeds?

This same method can be applied to helping them start business and jobs.

[tsoutsos]

STOP! YOu need to know that This woman is working for Lundin Petrolium. She is just as corrupt any one.

[PeaceZoneEmpowerment]

The most vicious exploitation of Africa and African peoples is well recorded in the slave trade and the continuing exploitation of the continent by the Western Economic Axis of Evil and their African puppet regimes that give away the wealth of their countries for protection of their own political gain,

[PeaceZoneEmpowerment]

Aid as provided by the West only keeps African countries economically enslaved to aid and hinders development. It is not in the interest of the West to see African countries develop because this means the various African countries will need their resources for themselves and to fuel their industrial development. They prefer to take the human and resources of the continent to the West refine/manufatures products to be sold back to African consumers. Triangular Trade = Exploitation.

[msquestionmark]

i so agree with everything she's said. i have long felt the same way. aid only keeps the despotic leaders corrupt

[AfricanPrince]

Dambisa Moyo is kind of cute

[AFRIKTODAY]

What the Africans need is the UN and IMF to get the F---CK out of their continent with their aid fallacies and puppet controlled leaders-dictators. The African do not need to rely on externalities but they must rebuild and build from the INSIDE OUT! The process has to start within the African realms themselves and then expand through trade and technological and scientific importation. The notion that micro financing, entrepreneurship PROVIDED from the OUTSIDE will save the continent is WRONG!

[PhDEconomics]

Right where do you start... How many NATIONS in AFRICA have a below poverty line population of 65% or more? Id say about 80%..... Go get me definitions on below poverty line, and i just dont mean " $1.25 a day" the real terms of poverty, or absolute poverty!..... Then come talk to me.....

[AFRIKTODAY]

What are you talking about dude? Absolute poverty? How do you calculate that? What is the absolute poverty ratio of the USA? Have you ever been in South side Chicago or some places in Arkansa and West Virginia? Does that ratio matter at all? My point is simple: I just do not believe in "AID", it sounds like AIDS to me! Individual Nations are unique and have unique problems. Englobing an entire continent on close to a billion people can not even solve a problem.

[LarryNazakanda]

@AFRIKTODAY IMF only gives money to does who ask. Africans need to stop asking. Arabs dont ask so they get their way.

[AFRIKTODAY]

@LarryNazakanda

Firstly, you need to learn how to construct a basic English sentence!

Secondly, no the African people do not beg the IMF but the fake African politicians do so! The IMF is a globalist institution controlled by Americans and Europeans money elites! They are connected with all the central banking institutions of the world and create " debt" out of thin air in exchange for real wealth. The entire process is a BIG PONZI that is exploiting the African people. Wealth is production!

[buffettlampert]

How she was awarded a Ph.D is beyond me.

[barlog20]

Devils are not giving Africans any real aid.Devils are just throwing Africans crumbs while exploiting the hell out of Africa.Devils are stealing Africa`s resources.And to answer your quest she got a phd cause she`s not an idiot unlike you.We need black women like that cause she knows these devils is just exploiting us and are lying thieving Satan worshiping people.

[buffettlampert]

How do you intend to build a sustainable economy, one like a western world, with no infrastructure, no business, no education and most importantly no stable government. Africa has received over $ 1 TRILLION DOLLARS in aid over the past 60 years, yet they dont seem to be going anywhere. And she's trying to tell me THEY DONT WANT HAND OUTS... Come on get with it. However i will also say all the money in the world wont solve "Africa"

[barlog20]

Only crumbs is thrown at Africans to make them look like there are helping them.Their governments are puppets to the Us/British.They are given loans by the IMF and World Bank and the governments are told to inflate the currency to destroy the value of the currency to cause debt so they could have the excuse to take Africa resources.They do this to every country of color. All that aid bullshit is all a PR stunt.Joseph Stigilitz worked for the World bank and even admitted everything i said.

[barlog20]

The British have long ago took America over and uses mostly America to take over other countries.The CIA has finally a couple of years admitted that they overthrown alot of democratically elected governments and installed puppets.The CiA was set up by the British MI6 in 47 using former Nazi`s in which The pope of that time help escape by giving them passports.the history Channel even admitted that wallstreet help fund hitler.Hitler was just a puppet for the brits/U.S who got out of hand.cont.

[barlog20]

And when i say Hitler got out of hand i mean that he started to print his own Money.

And that was the British controllers(the Rothschilds) main source of control of a country:Controlling their money supply.

So they set Hitler up to be took down.Hitler was not only part Jewish,some of his funders was jewish ex.The Rothschild`s of Britain,The Warburgs,The Rockefeller`s etc..

The Rothschilds along with there puppets are raping the hell out of the U.S,Europe,Africa and every other country.

[mscongo2010]

Are you even listening to what she is saying?

[arronnov]

How money from the vast natural resources that have left Africa in the past 60 yrs shit the past 700yrs going to Europe now America/Europe China Japan and Asia. The wealth from the resources that left Africa went to Europe and America which help build and maintain empire and the death grip over Africa. A system given to you by the western white man is not going to empower you its going keep you oppressed and enslaved.Africans can set their own destiny government markets banks and etc.

[PhDEconomics]

I tend to agree.

[AFRIKTODAY]

First of all, Africa is not a NATION but a continent. Some countries are faring much better than others! The richest seem to be the most in trouble for obvious reason: Corporatist parasitism! The African Nations need to build from inside OUT, that's the Natural process of development and civilization expansion. The fact that most African countries were drawn by Europeans in 1882 in Berlin by European still harm those Nations. They, we need to engage primarily in Nation and republic building!

[wachawivu]

Kudos Dambisa, and very well put... and thank you for speaking out. my only fear is that the those who call the shots (IMF, WB etc) already know this... they work hand in hand with the recycled corrupt political elite to suppress any meaningful change...leaves one wondering how many brilliant women such as Dambisa have been educated in Africa as well as given the platform to be heard...

[modongo]

what a smart lady from the neighbours. take me into your team Dambisa.

[cphilip15]

God Bless Dambisa Moyo. She a bright career ahead of her. I'm gonna be a Oxford trained economist because of her.

"Africans are adults" 8:44 That was so funny!

[KinglyNumbaOne]

Dambisa Moyo is AWESOME! Conservative economics works!

Preach it Dambisa!

[fitihab]

Go lady!! we all want this :D

[kabeebey]

Goon girl, just need 5 more Dambisa to run the entire continent!!

[LeGioNoFZioN]

God Bless you Dambisa Moyo !

[Craigvadams]

Erin Burnett conducted an objective interview and Dambisa provided great responses. I particularly liked her remarks about America's debt to China. Miss Moyo is very sharp and making a big difference!

[bakukenshin]

We need more people talking like her in America too. Keep fighting, Dambisa!