Name: Invest in Africa's own solutions
Uploaded: 2006-10-10T00:11:00Z
Duration: 12 min 38 s
Description: Jacqueline Novogratz applauds the world's heightened interest in Africa and poverty, but argues persuasively for a new approach.

Jacqueline Novogratz applauds the world's heightened interest in Africa and poverty, but argues persuasively for a new approach.

Invest in Africa's own solutions

Ending poverty requires more than good intentions or increased aid; it demands effective, local systems that deliver essential goods and services sustainably. An unforgettable moment saw a blue sweater given away in the US resurface in Rwanda, illustrating the invisible connections and unintended consequences in the global aid system. With four billion people living on less than four dollars a day, the poor are resourceful and ready to act when given a chance. Real change happens when communities are empowered to build their own futures through scalable business models.

Fighting Poverty Means Investing In Local Solutions, Not Handouts

business

culture

entrepreneur

philanthropy

poverty

finance

international development

investing

TED Stage Talk

Jacqueline Novogratz: Invest in Africa's own solutions