Jepson Leadership Forum continues with discussion of replacing foreign aid to Africa with innovative development financing

November 3, 2009

Dambisa Moyo, an economist named one of Time magazine’s most influential people in 2009, will discuss foreign aid to Africa in the fourth program of the University of Richmond’s Jepson Leadership Forum, Nov. 16, at noon in the Modlin Center for the Arts. (Note: This is a time change from what was previously announced.)
 
In her talk, “Dead Aid: The Moral Imperative to Find a Better Way in Africa,” Moyo will argue that more than $1 trillion in development-related aid given to Africa in the past 50 years has hurt the quality of life for Africans more than it has helped.
 
Moyo says foreign aid should be phased out and replaced with innovative ways to finance development, including trade with China, accessing capital markets and microfinance.
 
Born and educated in Zambia, Moyo has worked for the World Bank and Goldman Sachs. She has a doctorate from the University of Oxford and is the author of “Dead Aid: Why Aid Is Not Working and How There Is A Better Way for Africa.”
 
The program is free and open to the public, but tickets are required. To reserve, call 804-289-8980 beginning Nov. 5. For a nominal fee, tickets can be reserved online at modlin.richmond.edu. For group tickets, contact Sue Robinson Sain at 804-287-6522 or jepson@richmond.edu. The forum is produced by the Jepson School of Leadership Studies.

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