Name: Want to help Africa? Do business here
Uploaded: 2007-05-30T02:12:00Z
Duration: 19 min 53 s
Description: We know the negative images of Africa -- famine and disease, conflict and corruption. But, says Ngozi Okonjo-Iweala, there's another, less-told story happening in many African nations: one of reform, economic growth and business opportunity.

Ngozi Okonjo-Iweala: Want to help Africa? Do business here

Want to help Africa? Do business here

We know the negative images of Africa -- famine and disease, conflict and corruption. But, says Ngozi Okonjo-Iweala, there's another, less-told story happening in many African nations: one of reform, economic growth and business opportunity.

Economist, international development expert

Africa is experiencing a surge of economic reform, improved governance, and business potential that often goes unnoticed. In Nigeria alone, telecom lines jumped from 4,500 to 32 million in just a few years, and new laws and privatization have brought billions in investment. Many African countries are pushing back against corruption and embracing local entrepreneurship, especially by women, who are building world-class businesses. This shift is less about charity and more about creating jobs, empowering families, and opening dynamic markets to the world.