#348 Magatte Wade – Why Africa Is Still Poor (And How To Fix It)

Magatte Wade is a Senegalese entrepreneur who gained initial fame for a TED Talk she made in 2017 about the excessive regulatory environment in Africa, which pushes young Africans to emigrate for economic reasons. She joins Zuby to discuss her early life, migration to Europe, and introduction to free market capitalism and entrepreneurship. Magatte shares her story of losing friends over political ideology, leaving the left, and her bold goals for Africa in 2050.

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Timestamps:

(00:00) Introduction

(02:27) Magatte’s childhood

(03:57) Magatte’s introduction to capitalism and entrepreneurship

(38:50) Losing friends over capitalism

(50:01) Inherent virtues of the left

(55:39) 2.5 Billion prosperous Africans by 2050

(1:15:33) Cultivating a prosperous business environment

(1:35:08) Outro

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