Magatte Wade
@magattew
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African prosperity activist 🌍 Founder https://t.co/mnYDtLHQns - My mission: 2.5B prosperous Africans by 2050. Here’s how: https://t.co/2wzfMLe7yx
Joined April 2009
I don't usually talk about this publicly, but I want to share something really close to my heart: I run a school in Meckhé (a small town in Senegal) called Tiossan Academy, and honestly it gives me so much hope for Africa's future. The little ones learn through a
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I totally did this with my grandma when i got in trouble with the older kids and they were looking for me😅
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Government: “These rules and regulations are here to help and protect people!” Meanwhile, what regulations do:
I tried to manufacture products in Africa. The optimist in me said “let’s create jobs at home!” Here’s what I learned: Getting cardboard boxes requires 1,000 minimum order, 50% upfront, and 4-8 weeks wait. In the US? Order online, next day delivery, no minimum order. Now
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I tried to manufacture products in Africa. The optimist in me said “let’s create jobs at home!” Here’s what I learned: Getting cardboard boxes requires 1,000 minimum order, 50% upfront, and 4-8 weeks wait. In the US? Order online, next day delivery, no minimum order. Now
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Here's the moral case for free market capitalism in one sentence: It’s the only system where serving others is the path to serving yourself.
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Every African president should spend one month trying to start a legal business in their own country. Not sending an aide. Not having someone do it for them. Actually doing it themselves. Fill out the forms. Wait in the lines. Pay the fees. Deal with the officials. I
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The more a government controls, the less its people can create.
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Sad is an understatement, @RemiAdekoya1... 😩
That so much of black life today remains hoping for acceptance in nations where black folk are a minority - in Europe, North America or Asia - is sad. Worse, the SOURCE of this problem isn’t changing - lack of successful black-majority states black folk could move to if need be.
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You know what kills most businesses in Africa? It’s not bad ideas or lazy founders. It’s the paperwork. The waiting. The endless trips to government offices where some official tells you to come back next week with another form. You've got this brilliant idea. You know
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If you’re not learning from the past, you’re condemned to repeat it.
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“Why don’t Africans just work harder?” We do. We’re just working in systems designed to make success impossible. It’s like running a marathon in quicksand and being told to run faster. Notice how Africans actually do better in countries like the US? Exactly.
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In an ideal world, people would respect you regardless of your wealth. But that’s not how the world works. He who makes the gold, makes the rules. If we, Africans, really care about making our own decisions and being seen as peers by other nations, we need to focus on building
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I’ve seen so many entrepreneurs struggle under rules made by people who have NEVER built anything. And that’s exactly why poor countries stay poor. If you make it hard for your country’s entrepreneurs to build wealth for them, you also make it impossible for them to create
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Playing the victim might win sympathy, but it never built a single thing worth admiring.
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Why are African passports the weakest in the world? The answer will make you think differently:
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I’ll be speaking in Washington this December at the North American Gas Forum. The topic is energy access in Africa, and this is one of the most important conversations we should be having right now. 600 million Africans STILL live without electricity. Every year, millions of
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Every country that “nationalized to help the people” ended up with the people starving while politicians got rich.
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