Africans want to be entrepreneurs and don’t want to rely on handouts – Dambisa Moyo

Erin Burnett interviewed Dr. Dambisa Moyo, the author “Dead Aid: Why Aid is Not Working and How There is a Better Way For Africa.”

Moyo argues that Africa needs innovative ways to finance development, which includes trading and accessing capital markets. In a nutshell, Dr. Moyo’s argument follows the old Chinese Proverb about how giving a man a fish feeds him for merely a day, but teaching a man to fish feeds him for a lifetime. Dambisa Moyo completed her Ph.D in Economics at Oxford University and has a Masters from Harvard University.

In May 2009 Dr. Moyo was named one of the 100 most influential people in the world by TIME Magazine. The clip is from June 10, 2009. Is this conversation and the points she makes in this interview still relevant going into 2012?

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