Its over 10 years now 2019 and she's still right.

"Let's hope you're right." "Thank you very much. And I am Right." Period.

I don't have any idols or people that I look up to or see as a role model, but Dambisa Moyo comes very close to that. She is an intellectual woman speaking on serious topics with clarity and strength. I love watching her videos because I learn something everytime.

She is right

I love this smart woman. it feels as if she wrote "dead aid" to tell the story of Eritrea; known as the 2nd new nation & the only African nation who kicked out NGOs refusing foreign aid for over a decade, and still surviving despite two unlawful sanctions including all the negative western media lies as a form of retaliation. Mrs Moyo rest assured your vision is already working in my country and no one has starved yet. and the developement will be faster once the haters who hate to see Africa rise lift those sanctions.

since 2005, the smaller new born nation Eritrea refused aid, loan from IMF and kicked out all the NGOs. This nation proofed it that any country can live better without aid. Self reliance and economic independence is the only nation. As a result, Eritrea becomes a target for being a bad example for a good cause and they sanctioned it twice.

Hats off to you Dambisa!!!, but we need more of you back home here in Zambia not only to offer advise to the government but to inspire many brilliant Zambian economists to better our country including other African countries. Africa is the wealthiest place on this planet no doubt about it..!!!! Proud of you!!

You are right Dambisa! Be strong and keep fight! What Africa needs is the gut to stand up on their own feet. It is time now for Africa to wake up and to stand up and to build the accountable state that is capable to deliver the development of their own countries and people

she exudes confidence,speaks facts as blunt as possible, she is unfazed....Africa needs more leaders like her

let's hope you're right response: I am right

An African who talks sense. This needs to sink in the heads of Africans. Aid is demonic.

Proud to see a strong message giving with such a brilliant speech for such smart, young, powerful woman !

I agree with her 100%; I think that encouraging people to be dependent on aid as an easy way out is part of the problem; no one aided the Germans after WW2 and their economy was in total collapse; but they managed to pull themselves together and develop their economy to one of the biggest in the world; and China…when more than 10 million of them died because of famine…who gave them aid then???? The point that I am making is that aid cannot solve Africa's problems; the only way Africa can solve its problems is by holding corrupt leaders accountable. Governments should do their jobs and stop relying on foreign aid; the resources are there through all the raw material; the value chain of the raw material needs to be reevaluated and all Africans should stand together against corruption that is digging a deeper grave for Africa. Africa can solve Africa's problems not 'free money' because as we all know nothing is ever 'free' and there is no such thing as a free ride; this needs to be faced head on.

Great book. Great interview. Dr Moyo is on point....

I am reading dead aid now, and watching this interview, I totally agree with her book, and to be honest, this aid is a blind spot created while our mineral are scrambled by the international community.

Dambisa Moyo's answer to the poverty problem is completely ignoring the capitalistic system of Illicit Financial Flows where multinational companies cheat Africa out of far more money than is coming into Africa.

Dambisa Moyo is wonderful.

Moyo makes some good points - particularly about govts being accountable to donors rather than their people. But it could be argued that a major reason for so many Africans falling into poverty between 1970 and now are the very neoliberal policies Moyo espouses.

Insightful views. So articulate and elaborate! Can we have more of such brains in leadership positions?

Wow common sense at last great lady who speaks the truth, I have myself always have said Africa governments should be held accountable, because it lets these governments of the hook, and keep this aid money, in a way this aid charity is killing the Africans people

omg i love her! i always felt like something was off with aid and unhelpful. i'm going to order the book today.

Am proud of you Dambisa, the Aid is fueling coruption in Africa the leaders are the ones taking awey everthing instead of the poor people but we must thang them for the suport

Don't give fish, but teach how to fish. There is no other wiser way. It applies to everyone, not just Africans. Children of well-to-do families also need to learn this way to be financially and spiritually independent.

She's right, this modernist approach hasn't and isn't effective, its built upon this whole ideaology that money can save everything, it's just an ineffective quick fix.

I listen to your intrview after 12 years .Dead Aid happened in Ethiopia to, now wake up Africa

Very much agree with her, she is telling the ground reality in here Africa, it needs wise exit strategy to reduce foreign aid and mobilize the local resources and local strategy.

Aid is funding government incompetence on the continent. It is a bad cycle that keeps the African continent without proper economic structures. This was great. Good job Dambisa!

It is like welfare, if I am receiving a check every month, why should I go and work hard and contribute to society. That is the way of thinking in Africa. I will get it regardless.

she is not the only one. Look at the videos of James Shikwati -a keniyan economist-. He said that the aid is destroying Africa. Why? A main reason: Tons of foods of that aid enter in the black market and the national producers CAN NOT COMPETE with those products. This fact generates more pain and problems for Africa.

Dambisa Moyo is absolutely right. In the simplest way one can refere to the the famous saying.. teaching one to fish verses giving one a fish. Aid as currenyly given is not geared to address the core challenges of Africa growth. Yes..we love them because they offer quick fix...

Brilliant

This is a message the continent needs.

... brilliant

The talk is done, lets now do the walk. Afrika Tunawakilisha

Watching this in 2023. Dambisa Moyo is person with a far sight. Foreign investment is the driving force in the economic growth in many African countries now.

I have always advocated putting the aid straight into the African Dictators' Bahamian bank accounts, thus cutting out the middle man.

Great ideas

Wow! This is so profound . The most apt description of the African scenario. Bulls eye!!

No matter how many minerals we have in Africa, it can never free us from slavery but one expensive natural resource that can help us to be freed is our "Mindset".......its a big work to do @Dambisa Moyo. We read less and our African academic curriculum keeps on draining us😞

Insightful. Africa-Economy-Africa translations. Economic system has the same principals it always has had. It's about materialism and resources. But it gives something if you live on it too.

what africa needs are business opportunities, business partnerships, not handouts...

Excellent interview.

I need to buy this book

very powerful

The interviewer should have read the book first....

100% agree because aid provides a short-term consumable service that is meant to be a stop-gap measure it is not designed to deliver the type of long-term sustainable growth that is required for genuine development and for African countries to have better input on global issues because 80% of the population on the continent are people under 30 who need skills and training in industries and services to foster that growth in economies with institutes and infrastructure provided by governments (which is why they need to be held accountable as Dr Moyo says because these elites have armies supressing opposition & media so more global pressure & less free money would be a great start!) - more aid $ is used to line some elite's pockets than to feed starving children... :/

Hallelujah

my heart bleeds for mother Africa whenever the notion of striving on the means of foreign aid. I think aid is making our continent handicap without taking any constructive means to develop our heritage by ourselves.You do all Dambisa Moyo

wow what an intelligent woman.

This helped me on my development studies thank you.

thank madam dambisa moyo it was very interested debate

One of the problems is that because of the pervasive corruption in Africa companies are reluctant to invest there. I know the Chinese are moving into Africa now. I hope they can make some kind of order from the chaos. We made a right pigs ear of it.

What an eloquence

interviewer "I hope you are right?" response, Ms. Moyo "I am right!!!" would he have said this to a white man sitting in front of him? really????

5:47 that death glare though! + I would like to thank the video editor for not cutting the part where she says "I am right". I love you, whoever you are. You did great.

LOW INTELLIGENCE IS THE BIGGER PROBLEM

You schooled everyone on this thread. Respect. And respect to Dambisa Moyo. I actually read "Dead Aid" a few years ago, what I remember of it was a well-written, persuasive argument against this kind of Western white Paternalism. I recommend it to anyone with half a brain who wants to know how the world REALLY works.

Indeed you are right Dambisa! Power to the people.

Well, when African countries were colonies they had infrastructures, hospitals, were less poor (even she mentioned that in 70's only 10% of africans were poor). I'm against the foreign aid, mainly because it destroys the local economy, if you give free shoes, the local shoe maker will lose his job, if you give free potatoes, the local farmers will lose their sales etc. If they choose normal politicians and let people who want to invest there work without paying bargains or worrying for their lives, they can get it through.

Brilliant and undeniably true!

You go Glen Coco!

This is a beautiful presentation. Am Amazed my lady. Keep it up

07:43 That right there is why these big European corporations want to to keep pushing AID on African nations. They do not want Africa to stand on it's own two feet....

2021 and she is still on point

Invaluable video. Should have been aired on every western TV station. Alas, 10 years on the problem has multiplied

@iceprincessfm Here in China, I am a factory worker working 12 hours a day, 7 days a week. And I don't spend much except on basic necessities so that I can save enough money for future investment, making people to work for me someday, instead of me working for other people. This is the only way to break free from depending on the mercy of your bosses. Diligence, endurance, frugality and learning is the crux of our Confucius culture. I don't think that's idiotic.

2020.....and im here.....$300 million ...squandered...im in Zimbabwe...

Wow, this woman is a legend, intelligent and articulate. She really cares for Africa, it's someone who believes in the potential of Africa, that we can be developed as Western countries, only if we could do away with the dependency syndrome that has plagued the continent for the past 100 years. If you think like a beggar you will always remain a beggar.

@politicalthinker1 I completely agree with you. If you think about it, Africa is one of the continents with the most natural resources. China on the other hand, lacks in natural resources but produces most of the worlds products. China is developing a relationship with Africa to continue getting those resources to produce items for export. Africa not only sells the resources, but it buys Chinas products and technology. Africa is are paying China to take it's resources.

Completely agree with your views on Africa needing trade and not Aid. I always ask myself this question: "Why would my neighbor come to my house and offer to take care of all my bills: utilities, food, clothing, etc.". Well it is simply because he has more to gain by "helping" me. "He is probably sleeping with my wife", is my response. Looking back in history, Africa was the center of the world. Center of trade, education, wealth (The Mali Empire, etc.). At some point, Africa fell, and has not been able to rise again. I feel "aid" and foreign African diplomacy part of the reason Africa is not moving forward - despite having all the resources the world needs today: minerals, space, able human resources, etc. Somehow, the world wants Africa to remain separated (54 countries), while they continue to unite, US, EU, NATO, UN, etc. Clearly it is easier for a large nation to negotiate (and get its way (!)) with one poor African country vs a string, focused, determined, United Africa. Now there is a vision. A United Africa. Story for another time.

What gives life to aid is all the work it creates within the donor countries: industry likes it, unions like it, bankers like it. For them, it's guaranteed profits. Diplomats like it, because it buys influence in foreign capitals. So, even though we all know it doesn't work for the countries being helped, there is no one on the donor side to argue against it. Maybe the churches could? But they have mostly fallen for the line that socialism is the best economic system...

dambisa moyo did not miss words

2022 I’m watching this documentary she is right we can’t depend on aid as African countries

Great video. #BanAllNGO's #SelfSufficiency

Even though with recent times aid has reduced; now Africa is being swallowed by the FDI portfolios on her scarce resources! Exploitation is drastically happening and deadly emissions of carbon in space together with other vagaries; the oil spill in Nigeria is another headed while in Zambia, people living and working in the copper and around them can tell the story too. One day, someone like #Dambisa will see this as another form of aid being re-rooted! Hard facts but kuddos to Dambisa

The Hapsburg family controlled most of Europe at the time. The Holy Roman Empire as it was called. Around that same time Britain, The Dutch and the French where colonizing North America, Hapsburg Spain was conquering the Indigenous people of South and Central America. It was hardly a barbaric time. It was the age of discovery, when Europe surpassed the world in technology, wealth and culture.

The interviewer's bias toward maintaining the status quo is so hard to hide. smh

We need to make a program where it's mandatory for all African Americans to spend 5 years of there life living in Africa and helping theese villages and children so they will have a new found love of America starting with Gangs

"And I am right." BOOM, HATERS!

I just watched a few interviews with Dambisa Moyo where she says that direct humanitarian aid (one of the three forms of aid) she is not only for but feels it is a moral imperative as humans. Her point is that not investing in long term, sustainable solutions like education, healthcare, trade, etc. makes economic growth difficult to impossible. Gates does bring up a good point, if true, that the hook of the book caused a drop in the same humanitarian aid. White male interviewers with her back then were largely horrible in not understanding the issues and being short and accusatory towards her. Gender and race discrimination. In getting points across some salesmanship can increase attention which happened here for someone whose ideas had not been listened to largely and she makes a great point (easier to see now admittedly) that investing money in sustainable issues is necessary in Africa and has been largely ignored. She seems to communicate economic realities and remedies, in some ways, as well or better than anyone else. The "Aid Is Dead" hook had its positives and negative effects. Can we take her good insights and continue to move forward? "Yes" is the correct answer here.

"I am right." SLAYYYYY

Watching 13 years later. And likening it... ahahah

Hi Moyo, I debated in favor of your report in grad school today. At the end, my colleagues and the faculty are well informed of the need for more innovation than more aid. Aid isn't all bad, as it's vital at some point in time, but it's bad when we become perpetual aid seekers of iniquity. These aid mostly don't get to the ordinary people in any way. Even if it gets, how long will they depend on it? It's time to rise and innovate! It's time to work for our future and for posterity. The Prosperity paradox should be well understood.

Dambisa is brilliant.

Smart lady, head on the right way.

The Aid agencies make people hope for them more than officials that they elected into offices to deliver more services then Aid can. 🥺🥺

Wow, 'Lets hope you are right' and her response is fab, 'Yes I am RIGHT'. Just Fab. I have been saying it for a long time so I am glad that someone of African descendent has done a research about it and most of all wrote a book about it. Well done Lady Boss!!!

In developed countries a ROI of 15% is crazy good. In Nigeria, for instance, MPR is 14% with commercial banks lending at 24%. How can businesses thrive when they are borrowing at rates higher than the cost of capital? The capital market is a great theoretical idea but in reality only accessible to precious few. This woman is a capitalist to the core and if given leadership positions will propagate inequality in Africa.

Still right!

Wow

Dambisa is right the western world ignores successful African countries such as Botwswana! Botswana's economy is growing!

💯

Leaders spend money, they don't generate money.

My pain is that they are not listen to her wisdom............ These politicians

I never met a queen but I would think that what one would speak like she is so right .

Allah bless you Dambisa, get rid of the aid we don't needed.

The interviewer was rather condescending.

I'm not 100% on board with Moyo, but honestly, I want to punch that smirk off of the interviewer's face. Just shows you how much people hate listening to new ideas that are out of their comfort zones.

Put it in simple and straightforward way, should donors stop giving scholarship to African students?

hi Believer ❤ you should know that you are completely loved, and treasured and known by GOD, and GOD alone. So don't ever feel like you aren't worthy, because in JESUS CHRIST, Who is GOD with us, made you more than worthy by His grace and mercy, through HIS blood. may GOD bless you and keep you, always.❤