CNBC: Africans want to be entrepreneurs and don't want to rely on handouts

Erin Burnett interviews Dambisa Moyo, author "Dead Aid: Why Aid is Not Working and How There is a Better Way For Africa." (June 10, 2009).

[@biulaimh3097]

Dambisa Moyo`s book Dead Aid is a message of hope. Over the years I gave to charity and the problems in Africa kept getting worse. I feel so ashamed for the part I played in making things worse. Now I do business with Africa. It is a win win situation for everyone.

[@respectmusiyiwa]

You are a role model for us young African leaders.

[@PermacultureSenegal]

So true, Africans are very creative. Aid is killing the initative. This is a message of hope. Thank you !

[@TimEngle]

“Give a man a fish; you have fed him for today. Teach a man to fish; and you have fed him for a lifetime”

[@jzk2020]

She is a very well educated and spoken young lady. I hope she can go back to Africa and become a policy maker. Put in some of her ideas, maybe Rwanda would accept her, and if she did it successfully there, leaders from other nations would start to copy suite!

[@kabeebey]

Goon girl, just need 5 more Dambisa to run the entire continent!!

[@Craigvadams]

Erin Burnett conducted an objective interview and Dambisa provided great responses. I particularly liked her remarks about America's debt to China. Miss Moyo is very sharp and making a big difference!

[@vedawattieram15]

I love the line of questioning... I have heard Dambisa and listened to a lot of interviews. Love this one..very practical and deals with on the ground issues.

[@missogega9476]

she is fantastic

[@LeGioNoFZioN]

God Bless you Dambisa Moyo !

[@Ravengaurd6]

Miss Moyo!

[@t13tty]

Why is she alone! She should have a mass following who believes in being independent, I want to meet her, I have an idea

[@lancelotk2008]

Excellent interview. Probing questions by Erin Burnett and very informative answers by Damisa Moyo

[@andilebinza615]

like your book "Dead Aid" and its do eloquent about African Diaspora.

[@virakthong8022]

The poorest people in America are the people depending on handouts. Giving away money no incentive to work, without looking for a job that's why they are poor.

[@gmwilliamsful]

Virak Thong ,you are correct. The more handouts, the lazier and more dependent people become. They come to expect such handouts. When people are taught to work, it is much better for all concerned. Maybe Black Americans can learn from this. They are the most dependent of all African peoples. Black Africans and Caribbeans have the independent, entrepreneurial spirit that Black Americans DEFINITELY DON'T have. Black Americans want to be rescued!

[@virakthong8022]

gmwilliamsful without poor people on food stamps then who is going to vote for Democrats?

[@msla7623]

What an absolute tragedy of a human being. Black Americans are not the only Americans on welfare. White European and other Americans are on welfare too. There are myriad Black American Entrepreneurs. Maybe the government should stop intentionally impoverishing them.

[@avalimpa]

@Virak Thong There are more people on food stamps who vote for Republicans. People tend to follow what is repeated instead of learning facts.

[@wadegray2689]

This is right on! WoW! Loved what she had to say.

[@natalienjoki3075]

We are proud my sister you know exactly what is our problems we have long waited for.

[@modongo]

what a smart lady from the neighbours. take me into your team Dambisa.

[@21dolphin123]

What a brilliant young woman

[@fitihab]

Go lady!! we all want this :D

[@Kar28100]

What an influential woman!!!

[@MaamafricaEsther]

wow there's hope

[@joeseth05]

I like Moyo points a lot.

[@GGLebo23]

I love what she is saying. Instead of throwing starving Africans bags of money so that it can be funneled to their dictators and corrupt leaders, why not give them a cow, a chicken, and seeds? This same method can be applied to helping them start business and jobs.

[@danieliskander9680]

I am an African in Africa.. Aid is not good for us. We dont want handouts.. Handout is nice..and helpful for a shortwhile ...but just that..for a shortwhile

[@CrowdPleeza]

One thing that's important for African countries to straighten out is for them to get clear and enforced laws relating to land/property rights. This explains why Africa is rich in resources but poor. Until it's clear on who owns what land or property it won't be clear who should benefit from the land's resources. Not having established laws for land ownership is the cause of many of the conflicts on the continent.

[@Gombeboy]

Dambisa raises the main issues and has come up with very credible solutions. Whilst I do not agree with her approach, you can't deny this is an extremely intelectual school of thought which she is championing. I side more with Sorious Samura's stance that aid is a good thing, but needs fundamental reform. Differences can be made, but we need to look at grass root development. In fact, most Africans (well Ugandans, as I lived there) want to work on the social development within their nations.

[@JordanjamesX]

Why don't people talk about Botswana? Botswana's economy is growing at a huge rate. Of course, you don't hear about this in America! Dambisa's cogent argument is correct!

[@AfricanPrince]

Dambisa Moyo is kind of cute

[@jzk2020]

There is nothing wrong with the capitalist system, the problem is speculative trading, commodity trading and the bonus cultures in banks. Speculative trading does not make a nation any money, exporting goods makes a nation money. Speculative trading messes with prices, thats how oil went from l$60/barrel to $150/barrel in just a couple of months. Banks giving uncapped bonuses to anyone that gives out loans (becoz they are TOO BIG to fail) to anyone that wants it caused the housing crash.

[@ravioli123456]

What is this title

[@84tonikk]

Well at the point you have enterpeneurs you can teach us something.

[@avalimpa]

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[@jacquesmumba9092]

with more interest i'm reading your books cause , i've the same idea about aid in afri "car on parle souvant de l'aide au developpement de l'afrique depuis des années mais l'afrique n'a aucun indice de developpement seulement des dettes, il est temps donc de changer les strategies pour voir l'afriques sur le chemin de son developpement." jacques MUMBA Economiste

[@VISIONSbyLauren]

Her points she makes about Africa having stability is great and accurate; however, I think she is either dubious or 'skillfully' dubious about China's presence in Africa. For superpower countries, its is always just business over everything else.

[@neonaction]

it's like stop giving the homeless guy free food. I don't believe the guy won't look for food on his own if nobody hands it out to him.

[@YoungHorusMedia]

she's a shotta. i like...

[@t13tty]

Crowdpleeza & Fricsta I agree with both of you, I'll be listing my ideas and once again Chanel that to others to help and benefit from. We can't change the world on our own, we need some of us to join up and be loyal, honest and unite. Message me if you want to start a think tank together, T13TTY is the name but I'll change it soon, bless

[@9879SigmundS]

This interview began by the reporter saying you were nothing before you wrote a book just saying aid is a failure. How insulting. The intellectual disparity should have disqualified this interviewer from opening her mouth.

[@AFRIKTODAY]

What are you talking about dude? Absolute poverty? How do you calculate that? What is the absolute poverty ratio of the USA? Have you ever been in South side Chicago or some places in Arkansa and West Virginia? Does that ratio matter at all? My point is simple: I just do not believe in "AID", it sounds like AIDS to me! Individual Nations are unique and have unique problems. Englobing an entire continent on close to a billion people can not even solve a problem.