E295. Dignity Through Enterprise: Magatte Wade's Vision For Africa

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4.8 • 1.3K Ratings

🗓️ 25 July 2024

⏱️ 117 minutes

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Summary

Magatte Wade is an entrepreneur and advocate for African dignity and prosperity. She sits down with Bridget to discuss the root causes of Africa's economic struggles, challenging the common narratives about colonialism and racism. She argues that Africa's poverty stems from over-regulation and socialist policies that hinder entrepreneurship, and emphasizes the importance of creating a business environment that fosters economic growth. They cover overcoming the victimhood mentality, the role o...

Transcript

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0:00.0	All right, I'm with Magatwaite, everybody.
0:01.8	Welcome to Watkins.
0:02.8	Welcome.
0:03.8	Thank you so much, Brigette, so happy to be here.
0:06.0	I'm so happy to talk to you.
0:07.5	I mean, you and I have become friends at this point,
0:10.1	and I am just so grateful that Nick Gillespie put us in touch and it was a minute before I could even respond to you and then you are an insanely busy woman where where all of your efforts and focus going right now is
0:28.0	there one thing in particular or many things it's at the end of a day when you it seems like it's going to many things, but at the end of the day it's going to one thing,
0:38.2	and it's going towards the building for prosperity in Africa.
0:41.8	And more precisely what I'm focused on is on the rising tide
0:45.2	that's going to lift all boats. So from a standpoint it's I'm focused on one thing
0:50.2	but I attack it from a couple different angles.
0:54.0	And so...
0:55.0	What are the different angles you attack it from?
0:58.0	Yeah, so first is on the advocacy part.
1:02.0	I think this concept of building prosperity in Africa.
1:05.6	See for many people you say prosperity Africa, whether people realize it or not,
1:09.7	it feels like a cognitive dissonance for them because I think it's two words that in
1:13.1	people mind in people's minds don't go together right so but it's important to
1:17.0	tell them that it is possible and so not only advocacy in terms of how did we get there. How did we get to this place where Africa in
1:26.3	2024 is still the poorest region in the world? How did that happen and most importantly how do we get out of it so the advocacy around
1:34.7	the proper diagnosis as to why we are where we are today is key and then from there
	...

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