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Magatte Wade

@magattew • 77,472 subscribers

African prosperity activist 🌍 Founder https://t.co/mnYDtLHQns - My mission: 2.5B prosperous Africans by 2050. Here’s how: https://t.co/2wzfMLe7yx

Shorts

Come to Dakar and you’ll see very clearly where your aid money goes. So many of the foreign residents you see in Dakar are either working for the UN, an NGO, or an embassy. Most are living lives of fine dining, with nice cars, large apartments, maids and constant parties.

Come to Dakar and you’ll see very clearly where your aid money goes. So many of the foreign residents you see in Dakar are either working for the UN, an NGO, or an embassy. Most are living lives of fine dining, with nice cars, large apartments, maids and constant parties.

1,946,690 次观看

When I started manufacturing in Africa, people were laughing at me. "Africans can’t produce world-class skincare!" “What the hell are you doing there?” Today, my Senegalese team crafts lip balm that meets the highest global standards, sold at Whole Foods Market. They never needed charity. Just the right training and a real shot to show what they’re capable of.

When I started manufacturing in Africa, people were laughing at me. "Africans can’t produce world-class skincare!" “What the hell are you doing there?” Today, my Senegalese team crafts lip balm that meets the highest global standards, sold at Whole Foods Market. They never needed charity. Just the right training and a real shot to show what they’re capable of.

28,501 次观看

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I've spent my whole life trying to understand why Africa is the poorest region in the world. Low IQ. Malnutrition. Lack of education. Colonialism. Racism. Laziness. I've heard every explanation. None of them made sense. If it’s colonialism, why was Ethiopia (never colonized) for a long time the poster child for African poverty? Why was Botswana, which was colonized, one of the best performers in Africa? And why is Singapore richer than its former colonizer? If it's lack of education, why are half of African university graduates unemployed? Why were math degrees from Eswatini raising chickens before we hired them to teach at our virtual school? The real answer is something nobody wants to talk about:

I've spent my whole life trying to understand why Africa is the poorest region in the world. Low IQ. Malnutrition. Lack of education. Colonialism. Racism. Laziness. I've heard every explanation. None of them made sense. If it’s colonialism, why was Ethiopia (never colonized) for a long time the poster child for African poverty? Why was Botswana, which was colonized, one of the best performers in Africa? And why is Singapore richer than its former colonizer? If it's lack of education, why are half of African university graduates unemployed? Why were math degrees from Eswatini raising chickens before we hired them to teach at our virtual school? The real answer is something nobody wants to talk about:

2,083,355 次观看 • 3 个月前

Ethiopia was never colonized and for decades was the poster child of poverty in Africa. Botswana was colonized and has been one of Africa’s best-performing economies. Vietnam was colonized, devastated by war, and heavily bombed. Today, it is doing remarkably well. Bottom line: colonialism cannot explain why some countries prosper while others do not.

Ethiopia was never colonized and for decades was the poster child of poverty in Africa. Botswana was colonized and has been one of Africa’s best-performing economies. Vietnam was colonized, devastated by war, and heavily bombed. Today, it is doing remarkably well. Bottom line: colonialism cannot explain why some countries prosper while others do not.

174,995 次观看 • 17 天前

Elon Musk did not become a different person when he landed in America. In South Africa, he may still have been brilliant, restless, and ambitious, but the environment would not have given him the same room to build SpaceX, Tesla, Neuralink, and everything else. Talent matters. The country you build in decides how much of that talent can become real.

Elon Musk did not become a different person when he landed in America. In South Africa, he may still have been brilliant, restless, and ambitious, but the environment would not have given him the same room to build SpaceX, Tesla, Neuralink, and everything else. Talent matters. The country you build in decides how much of that talent can become real.

290,213 次观看 • 1 个月前

I spent years asking one question. Why did countries like Singapore, New Zealand, and Denmark become prosperous while countries like mine stayed poor? People gave me every answer you can imagine, from colonialism and education to natural resources, culture, and the ugliest theories about Africans themselves. But none of those explanations answered the part that bothered me most. Why do the same Africans who get stuck back home suddenly build, work, and thrive when they move to a country like the US? The answer was sitting right there. Africa is the hardest region in the world to do business, and we keep pretending the problem is our people instead of the rules around them.

I spent years asking one question. Why did countries like Singapore, New Zealand, and Denmark become prosperous while countries like mine stayed poor? People gave me every answer you can imagine, from colonialism and education to natural resources, culture, and the ugliest theories about Africans themselves. But none of those explanations answered the part that bothered me most. Why do the same Africans who get stuck back home suddenly build, work, and thrive when they move to a country like the US? The answer was sitting right there. Africa is the hardest region in the world to do business, and we keep pretending the problem is our people instead of the rules around them.

66,781 次观看 • 13 天前

Africa is NOT poor because of colonization. From my conversation with Dr Jordan B Peterson:

Africa is NOT poor because of colonization. From my conversation with Dr Jordan B Peterson:

3,635,590 次观看 • 3 年前

“Is Africa poor because of colonialism?” Not at all. In Senegal, if I want to hire someone, a government official who has never run a business in his life gets to decide if we're allowed to work together. And people wonder why we're poor. (with TRIGGERnometry)

“Is Africa poor because of colonialism?” Not at all. In Senegal, if I want to hire someone, a government official who has never run a business in his life gets to decide if we're allowed to work together. And people wonder why we're poor. (with TRIGGERnometry)

257,334 次观看 • 2 个月前

At 25, Peter St Onge, Ph.D. says he became a millionaire after betting everything on Yahoo during the dot-com boom. He retired to a Thai island. One day, he took a speedboat into town, logged into his account, and found almost all the money gone. Years later, he became one of the most followed economists online. In this episode, Peter argues that AI will take millions of entry-level office jobs. Over time, though, people who work with their hands could become much richer. He calls AI the opposite of the Industrial Revolution. I hope you enjoy our conversation: 00:00 Trailer 01:17 Peter gets rich, retires, and loses it all 07:07 Why trust makes countries richer 11:02 SkinIsSkin 12:25 Why experts got Trump wrong 13:57 How institutions protect the in-party 18:11 What America learned from the 1920s cuts 23:53 Why Peter defends some Trump tariffs 29:24 Why small business taxes matter 30:57 Why Peter says the Fed went rogue 37:25 Peter’s case for Bitcoin 45:07 What Milei changed in Argentina 47:23 Why Europe could change fast 52:18 Why AI could make workers richer 1:00:11 Rapid-fire questions 1:02:31 Where to follow Peter

At 25, Peter St Onge, Ph.D. says he became a millionaire after betting everything on Yahoo during the dot-com boom. He retired to a Thai island. One day, he took a speedboat into town, logged into his account, and found almost all the money gone. Years later, he became one of the most followed economists online. In this episode, Peter argues that AI will take millions of entry-level office jobs. Over time, though, people who work with their hands could become much richer. He calls AI the opposite of the Industrial Revolution. I hope you enjoy our conversation: 00:00 Trailer 01:17 Peter gets rich, retires, and loses it all 07:07 Why trust makes countries richer 11:02 SkinIsSkin 12:25 Why experts got Trump wrong 13:57 How institutions protect the in-party 18:11 What America learned from the 1920s cuts 23:53 Why Peter defends some Trump tariffs 29:24 Why small business taxes matter 30:57 Why Peter says the Fed went rogue 37:25 Peter’s case for Bitcoin 45:07 What Milei changed in Argentina 47:23 Why Europe could change fast 52:18 Why AI could make workers richer 1:00:11 Rapid-fire questions 1:02:31 Where to follow Peter

42,250 次观看 • 15 天前

Vietnam was colonized by the French, bombed to pieces, and left with nothing. Today it's kicking our asses back home in Africa. At some point we have to stop making excuses.

Vietnam was colonized by the French, bombed to pieces, and left with nothing. Today it's kicking our asses back home in Africa. At some point we have to stop making excuses.

246,586 次观看 • 3 个月前

Zimbabwe 🇿🇼: 5x richer than Botswana in 1960. Botswana 🇧🇼: 6x richer than Zimbabwe by 2011. Socialism vs free markets. The difference? Socialism vs free markets.

Zimbabwe 🇿🇼: 5x richer than Botswana in 1960. Botswana 🇧🇼: 6x richer than Zimbabwe by 2011. Socialism vs free markets. The difference? Socialism vs free markets.

412,476 次观看 • 6 个月前

I used to be borderline communist. I lost 90% of my friends when I stopped believing what they told me about why Africa is poor. And what I found underneath their "compassion" was something uglier than I expected:

I used to be borderline communist. I lost 90% of my friends when I stopped believing what they told me about why Africa is poor. And what I found underneath their "compassion" was something uglier than I expected:

140,126 次观看 • 2 个月前

AOC and Mamdani are wrong. And Africa is the proof. Next time you talk to a socialist, use this angle. I’ve never seen one hold on to their ideology for more than an hour after hearing it:

AOC and Mamdani are wrong. And Africa is the proof. Next time you talk to a socialist, use this angle. I’ve never seen one hold on to their ideology for more than an hour after hearing it:

299,211 次观看 • 5 个月前

When I ask non-Africans why Africa is the poorest region in the world, I hear colonialism, racism, stolen resources, etc. When I ask Africans, I hear the same things. But no one ever mentions the one factor that actually explains it all:

When I ask non-Africans why Africa is the poorest region in the world, I hear colonialism, racism, stolen resources, etc. When I ask Africans, I hear the same things. But no one ever mentions the one factor that actually explains it all:

283,178 次观看 • 5 个月前

How do you change someone's mind about free markets? You don't argue. You connect dots. A grieving mother was crying, telling me “capitalism” killed her son. He drowned trying to reach Europe on a boat. I sat with her. Then I asked her one question: why did he leave? To find a job. Why couldn't he find one at home? Because there are none. Why are there none? Because Senegal makes it nearly impossible to start a business. By the end of our conversation, she understood. Free markets were the only thing that could have saved her son.

How do you change someone's mind about free markets? You don't argue. You connect dots. A grieving mother was crying, telling me “capitalism” killed her son. He drowned trying to reach Europe on a boat. I sat with her. Then I asked her one question: why did he leave? To find a job. Why couldn't he find one at home? Because there are none. Why are there none? Because Senegal makes it nearly impossible to start a business. By the end of our conversation, she understood. Free markets were the only thing that could have saved her son.

159,519 次观看 • 4 个月前

Every time someone shoves that IQ map of Africa in my face, I have one question: If we're so stupid, why do we become doctors, entrepreneurs, and engineers the second we get to a free country?

Every time someone shoves that IQ map of Africa in my face, I have one question: If we're so stupid, why do we become doctors, entrepreneurs, and engineers the second we get to a free country?

112,268 次观看 • 4 个月前

.Konstantin Kisin is asking the only question that should matter in politics: does the idea actually work? The political class would rather argue about which party gets to own which idea. When young people cannot afford to buy a house or start a family, the country is broken, and everyone in power is too busy fighting the other side to admit it. (Credits: Prosperity, Not Poverty Podcast)

.Konstantin Kisin is asking the only question that should matter in politics: does the idea actually work? The political class would rather argue about which party gets to own which idea. When young people cannot afford to buy a house or start a family, the country is broken, and everyone in power is too busy fighting the other side to admit it. (Credits: Prosperity, Not Poverty Podcast)

49,929 次观看 • 2 个月前

.Konstantin Kisin on the story that should make every European leader uncomfortable: "Germany's offer of help to Ukraine was to give them 5,000 helmets. That was it. They had a massive panic after Fukushima, shut down all their nuclear reactors, and made themselves entirely reliant on Russian gas. If you do not have energy independence from your potential adversaries, you are extremely vulnerable." (Credits: Prosperity, Not Poverty Podcast)

.Konstantin Kisin on the story that should make every European leader uncomfortable: "Germany's offer of help to Ukraine was to give them 5,000 helmets. That was it. They had a massive panic after Fukushima, shut down all their nuclear reactors, and made themselves entirely reliant on Russian gas. If you do not have energy independence from your potential adversaries, you are extremely vulnerable." (Credits: Prosperity, Not Poverty Podcast)

57,773 次观看 • 2 个月前

Big news: Próspera Africa is here! 😊🌍🚀 If you've been following me, you know how strongly I believe that Africa’s poverty isn’t due to a lack of talent, but because overregulation keeps holding us back. When we make it easier to start and grow businesses, using a proven model, we create more jobs and opportunities for everyone. At Próspera Africa, we’re not just talking about it. We’re committed to making this a reality. Follow us and join the movement to transform Africa’s future! ❤️

Big news: Próspera Africa is here! 😊🌍🚀 If you've been following me, you know how strongly I believe that Africa’s poverty isn’t due to a lack of talent, but because overregulation keeps holding us back. When we make it easier to start and grow businesses, using a proven model, we create more jobs and opportunities for everyone. At Próspera Africa, we’re not just talking about it. We’re committed to making this a reality. Follow us and join the movement to transform Africa’s future! ❤️

319,626 次观看 • 1 年前

.Naval destroys Marxism in the most satisfying way 🔥

.Naval destroys Marxism in the most satisfying way 🔥

268,609 次观看 • 1 年前

Elon Musk was born in Africa. If he had tried to build SpaceX and Tesla from South Africa, neither would exist today. And nobody would know who he is.

Elon Musk was born in Africa. If he had tried to build SpaceX and Tesla from South Africa, neither would exist today. And nobody would know who he is.

91,563 次观看 • 5 个月前

This fishing village became wealthier than entire African nations in 40 years. One thing changed everything:

This fishing village became wealthier than entire African nations in 40 years. One thing changed everything:

113,487 次观看 • 7 个月前