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Jacqueline Novogratz: Investing in Africa's own solutions
Echoing the catchphrase, Acumen Fund founder Jacqueline Novogratz asks, "How do you make poverty history?" She draws on her experiences financing businesses in Rwanda (microcredit), Tanzania (bed nets) and India (drip irrigation), to support her conviction that "People don't want handouts: They want to make their own decisions, to solve their own problems." Traditional aid doesn't fit into this worldview. Novogratz advocates building viable systems with people on the ground to deliver critical and affordable goods and services to the poor, in ways that are financially sustainable and scalable.
This talk comes from TED .
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