Foreign aid is doing Africa more harm than good, says Moyo, a native of Zambia who was schooled at Oxford and Harvard.
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AFRICAN BUSINESS
Long plagued by poverty and conflict, the economic potential of Africa and African Business is just starting to be explored. The continent’s nearly one billion inhabitants have big consumer needs and surprising buying power; that potential is likely to make Africa the world’s next big value investment. What does this mean for business in Africa? If Africa is really the “last investment frontier,” business, and not charity, will finally break poverty’s continental choke-hold.
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Vijay Mahajan, author of Africa Rising, and a marketing professor at The University of Texas discusses the...
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