Africa has to find its own road to prosperity
By Paul Kagame, President of Rwanda, Published: May 7 2009 19:35 in the Financial Times.
In an interesting article on development Aid in Africa, President Kagame of the republic of Rwanda underlines the importance of entrepreneurship:
"At recent meetings of the Group of 20 and the International Monetary Fund, world leaders have gathered to discuss the global economic crisis. Unfortunately, it seems that many still believe they can solve the problems of the poor with sentimentality and promises of massive infusions of aid, which often do not materialise. We who live in, and lead, the world’s poorest nations are convinced that the leaders of the rich world and multilateral institutions have a heart for the poor. But they also need to have a mind for the poor."
President Kagame goes on to state that: "We are attempting to increase our gross domestic product by seven times over a generation, which increases per capita incomes fourfold. This will create the basis for further innovation and foster trust, civic-mindedness and tolerance, strengthening our society" and
"Entrepreneurship gives people the feeling that they are valued and have meaning, that they are as capable, as competent and as gifted as anyone else. Asking our citizens to compete is the same as asking them to go out into the world on behalf of Rwanda and play their part."
Read the whole article on here on FT.com