Magatte Wade
@magattew
African prosperity activist 🌍 Co-Founder @Prospera_Africa. Mission: 2.5B prosperous Africans by 2050. Here’s how: http://magattewade.com/book
Great news: My book The Heart of a Cheetah is now available in Portuguese! 🇧🇷🐆❤️
Communist China got tired of being poor so they did ONE thing and lifted 800 million from poverty. Most Africans refuse to learn this lesson:
Every outside attempt to "save poor Africa" has failed and will continue to fail. Africa's potential to be a beacon of hope for the world lies in unleashing our own entrepreneurial spirit, not in charity.
Let's stop arguing about left vs. right, capitalism vs. socialism, or whatever political labels people throw around. Here are the only questions that matter: Do entrepreneurs need business-friendly environments to create jobs? Yes or no? Does Africa deserve prosperity? Yes or…
Really enjoying this book, aka my current travel companion. It’s giving me a lot to think about…
My mood, right now 🥹 Indeed, there is some good in this world. And it’s worth fighting for.
Just imagine…
Aliko Dangote is worth $20 billion but still struggles with Nigerian bureaucracy for simple business permits. If Africa's richest man faces these problems, imagine what ordinary entrepreneurs go through.
Foreign powers have exploited Africa through the same playbook: 🇫🇷 France: “Dear leaders, we’ll protect you from terrorists. Just give our multinationals exclusive access to your resources.” 🇨🇳 China: “Dear leaders, we’ll build your airports and ports. And don’t worry about…
Why do identical entrepreneurs succeed in some countries and fail in others? I found out the hard way. One system encourages risk-taking and innovation, and the other punishes every entrepreneurial move with bureaucratic torture.
Whenever I mention that Africa isn’t poor today because of colonialism, people get furious. Fine. You want to talk about colonial legacy? Let’s discuss the Napoleonic Code that francophone African countries STILL follow voluntarily. Even France itself is trying to modernize and…
Here's how politicians really work: Step 1: Find something that makes you angry Step 2: Promise to fight it for you Step 3: Make you feel like a hero for supporting them Step 4: Get elected and ignore you completely The genius is that they never actually solve the problem.…
In 1945, it was widely believed that the Soviet Union, despite Stalin's excesses, was a successful model of economic development. Our African founding fathers couldn't have known better, but we can.
The baker doesn't bake bread to feed you; he bakes it to feed his family. But you get fed anyway, right? Why? Because, to feed his family, the baker has to bake bread or else his potential customers may purchase bread from another baker at a price they can afford. Now each…