(cont'd from yesterday's post)
Though some of the poorest people on earth live there, not everything is going wrong for the people of Africa. Out of a population of 1.2 billion people, the continent has about 163,000 millionaires.
Among them are some passionate philanthropists, whose name is not Gates or Winfrey. "Instead of importing ideas from abroad, organizations like the African Women’s Development Fund, which gives grants to entrepreneurial females, are focused on investing in local solutions."
"African benefactors have a deep knowledge of the places in which they invest . . says Jane Wales, CEO of the World Affairs Council." They don't want to copy Western philanthropy, but reinvent it to work effectively in their own context.
Ndidi Nwuneli, director of African Philanthropy Forum, says "Africa's future is now in the hands of Africa."
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