Africa's Big Philanthropy: Home-Grown
The Documentary Podcast
BBC
4.3 • 2.7K Ratings
🗓️ 23 October 2018
⏱️ 27 minutes
🧾️ Download transcript
Summary
With the rise of a wealthy class of high net worth individuals in Africa, home-grown philanthropy is on the rise. We meet some of these rich givers to find out what motivates them. The concept of philanthropy among communities is not new here, but as the economic landscape changes Alan Kasujja looks at what impact Africa’s new wealth might have, the impact of social media on how people donate, and what the future might hold for the concept of philanthropy in Africa.
Transcript
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| 0:00.0 | This is a big philanthropy on the BBC World Service. |
| 0:07.0 | Africa is a continent on the move. |
| 0:10.0 | Middle class is growing, there's more money available to spend, and we can see philanthropy rising all over Africa. |
| 0:18.0 | Philanthropy is not really new here in Africa. |
| 0:22.0 | What is new and what is growing is... is not really new here in Africa. |
| 0:22.6 | What is new and what is growing is what we could call |
| 0:26.4 | modern institutionalized philanthropy. |
| 0:31.1 | I'm Alan Kasuja looking at philanthropy in Africa. Many African economies are growing |
| 0:36.7 | but countries are still facing big challenges. In this program I'll be talking |
| 0:41.0 | about what role homegrown philanthropy might play in |
| 0:45.0 | determining the future of the continent. |
| 0:47.0 | We have seen the emergence of new high net worth individuals. |
| 0:52.0 | Who wants to give back to the community? |
| 0:55.6 | We make money, to use that money to improve the lives of us. |
| 1:00.6 | We are impacting at least 2 million people, but if you then look at what other big |
| 1:06.5 | foundations are doing, they impact on a global level. |
| 1:11.0 | No one is going to address the challenges of this continent but Africans themselves. |
| 1:17.0 | That was just a few of those who have set up or work for big corporate foundations in Africa, but they are not alone. |
| 1:24.7 | Nigerian business magnet Alico Dangote is worth around $14 billion, but has given away billions |
| 1:30.9 | of dollars too. |
| 1:32.1 | Tony Alumelu, more Ibrahim and Strive Masia are among |
| 1:36.2 | some of the other successful business leaders who are giving their money away to |
... |
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