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Published on Jul 16, 2012
Malik Fal, author of "In the River They Swim," discusses the ways in which foreign aid has delayed development in Africa. It has created dependence, distorted markets, and made it difficult for entrepreneurs to get started. By reducing foreign aid hand-outs and opening markets up for innovation and entrepreneurship instead, Africans can move forward, reduce dependence on foreign governments, and gain dignity as well.
"The generation that came before us, their challenge was political independence...but today our challenge is to gain economic independence...That is the challenge of our time as Africans."