Many African countries are poor for a simple reason, says entrepreneur Magatte Wade: governments have created far too many obstacles to starting and running a business. In this passionate talk, Wade breaks down the challenges of doing business on the continent and offers some solutions of her own — while calling on leaders to do their part, too.
Check out more TED Talks:
The TED Talks channel features the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes (or less). Look for talks on Technology, Entertainment and Design — plus science, business, global issues, the arts and more.
Follow TED on Twitter:
Like TED on Facebook:
Subscribe to our channel:
If I had a business of blessing the rains I could start up easy
It takes baby steps to create a business.
Im just gonna take some time to do the things we never had.
Colonialism and conservatism both keep Africa in the dark
soo what you are saying is that if we let africa do it them selves.. they will become better ? hehehehehehhee
What about China ?
Stop blaming others for African failure.
Jesus Christ. Am I the only one who visited geography? There are no africans. This IS the damn probleme. Almost every country is corrupt af in Africa and the people never ever stood a chance beacuse only educated people rule the world and guess what? The school costs money in most countries there. You lost. Simple as that. You were born in europe like me you win.
Man some people are ignorant and proude of it.
Lol and lets not forget the eagypts (africans) build the pyramides in the time where the “white race” where stupid uneducated barbarians eating fucking insects from the head of theire Neighbour.
And unfortunately for you we are all 98% genetic wise the same.
If an highly intelligent Alien went to earth right today what would he say? He would only speak with people like Elon musk or Neil deGrasse Thyson beacuse he couldn’t stand the stupidity of most people like you. He would think that dumbness and ignorance are some sort of disease spreading around in every continent, every country, every city and every household.
+Afro_Samurai 2000 True. Very true. Then he would look at Africa and say this must have been the cradle lf stupidity because DAMN that is one dysfunctional region!
Because the place is full of Africans.
+Chandir get rekt libtard
Its true
Brutally honest.
Because too much foreign powers driving it behind the scene. But well, there is a reason why the world power care about the place, because its potential are limitless. China seem to be doing better than American at it these day, if the UN factions are anything to go by.
@Throttle Get REKT, cuckservative.
Super
Handed the two richest countries in Africa and they still fail. Africans, the real reason Africa is doomed.
Africa is The worlds sandbox, Its not that easy for them
Africa is corrupt and the government prefers to have money over helping their citizens.
So what you’re saying is “black man bad”, interesting…
David H513 *America?
They were once a world power. But all due to one stupid king that spend more than half the wealth of the world away to market the country. At least he is still the richest man ever in history, even in modern times.
Praise you, sister.
Marvelous talk!
Maybe stop talking and start doing
Maybe stop working for Putin and chug bleach.
So I’d take it you are against every ted talk then?
This guys got a point, all these plans for country x and y are all talk no matter what the platform is. Really makes you think
well, if you dont communicate, and just “do it” everyone just go their own way doing their own thing and suddenly 3 months later you got nazis. There a reason human talk, i suggest doing that first. And well, they are doing it, just not in this vid, so widen your world view, yeah?
It doesn’t help that it profits to propagate hate over love, especially in that land. The first death was said to be there, and it remains a plague.
I pray for the people. Some of the most loving among us are in the most horrific areas.
Prayers for peace, in Jesus name.
I get being passionate. But I always turn off Ted talks that have nonstop yelling
kinda hard listening to them and working at the same time. I get that too.
So she wants to outsource jobs to other countries in order to make her company more successful? Her country has those tariffs in place, in an effort to keep her buying from manufacturers in her country. Start a cardboard company in Africa if you need cardboard… the US has Tariffs too. Business isn’t a build a bear store where you can simply import and assemble other countries materials and magically have a flourishing country of your own…
Interesting View So I assume you get rich by growing your own food, building all your computer and smartphone parts at home, and digging up all that raw material by yourself?
Do you realize how idiotic you sound?
the infrastructure is not in place, as the comment above have shown. You cant start an industry all by yourself. You need materials, workers, funds, connections, markets,… etc. If you never done it before, you would want to ask for some outside help, but ideally not letting them do all the stuff and take over. Require delicate placement.
+Ricardo Martinez That is exactly how you GET rich as a nation. Once you are already rich then you can pay for all of these things.
I mean, self-sufficiency should be the ultimate goal of any country around the world. Globalization is great and all, but when a global (as in infrastructure, such as communication, roads, or worse, whole societies collapsing) disaster occurs, you will suddenly find yourself in need of valuable materials or worse, essential resources such as food, who do you turn to? The roads to the places you import those resources from are all destroyed or non-functional for long enough for hunger to overturn any psychological barriers. That’s why you need to build essential infrastructure, but yes, you can’t get rich fast that way. Depending on countries with better techniques is the best method to take, if you don’t want to take 100 years to build up everything in the technological tree to our current point.
BTW: Would recommend the Solar Living Sourcebook by John Schaeffer, if you want to look into self-sufficiency. (The book talks about sustainable living, ie. reducing waste, etc.)
Good luck fighting corruption without a revolution. What could you possibly say or do to get the rich and powerful to voluntarily dismantle the systemic power structure that they themselves created?
economic war and revolution is a thing. But yeah, they wont give it up without a fight, but ideally you dont want too much blood stain on that carpet. Its not great to look back, not easy to clean, and bad for business.
Guess how the comment section will be. I swear there are some people who hear the world ‘ Africa ‘ and they flip the table instantly.
*flip table*
Tariffs are bad. I just saved you 9:12 of your life…
well, then you are missing the reason why. If i want someone to blindly stuff me with statements without evidence i would just go to the nearest church, or the news station, which ever one is closer.
Anyone else see the galaxy symbol for Spore in the background of the thumbnail?