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Investing and Personal Finance

Euvin Naidoo on investing in Africa

Posted by admin on September 24th, 2008

http://www.ted.com -In the talk that opened TEDGlobal’s historic conference, “Africa: The
Next Chapter,” South African investment banker Euvin Naidoo sets the
scene, framing the conversation that would unfold over the four-day
event. “What’s the worst thing you’ve heard about Africa?” he asks.
After fielding call-outs of “famine,” “war,” “corruption,” he urges
the audience to move past these preconceptions (reinforced, as they
are, by a narrowly focused media) and see the broader picture of a
continent on the cusp of enormous change. He sketches a compelling
profile of Africa as he sees it — large, diverse, full of potential
– and offers persuasive reasons why the continent’s challenges
should be reframed as opportunities, and why investing in Africa can
make great business sense.

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22 Responses to “Euvin Naidoo on investing in Africa”

  1. Anonymous Says:

    Louder!

    JayJBee
    “at every chance you get”

  2. Anonymous Says:

    This man is selling cheap labor, consumers, souls to ‘foreign’ investors and debt. No?

    Does no one dare to ask what made forestry in Uganda possible? ‘Qui bono’

    JayJBee
    “Only serious reply’s please”

  3. Anonymous Says:

    africa needs to shut everybody out for a few decades and rebuild itself completely-no america, no eu, no china, no arabs-africa is big enough where it can trade with itself and be very well off before letting the parasites back in. Once you open the borders, you can have the strategy to limit the parasites’ power.

  4. Anonymous Says:

    What Africa seriously needs to do is nationalize all our resources so that WE sell our stuff, and WE reap the benefits and WE build up our countries, because the ppl that own everything and mine our lands dont give a damn about us or our standard of living. Its the only way that the richest continent in terms of mineral wealth will be somewhat comparable to the rest of the continents.

  5. Anonymous Says:

    What Africa seriously needs to do is nationalize all our resources so that WE sell our stuff, and WE reap the benefits and WE build up our countries, because the ppl that own everything and mine our lands dont give a damn about us or our standard of living. Its the only way that the richest continent in terms of mineral wealth will be somewhat comparable to the rest of the continents.

  6. Anonymous Says:

    South Africa is developed and there is still unrest. Most of Africa is rich beyond imagination but the wealth is only distributed amongst the corrupt and not the people. A united Africa without corruption and corrupt people would be a blessing to all mankind. I pray that Africa gets rid of the tribal way of thinking and accept all tribes as one. After all, We are all one race… The human race. Peace and love to all.

  7. Anonymous Says:

    Couldn’t agree more so called cast Indians in Africa? Just look at the historical record of Indians in Africa Uganda,Kenya,Madagasca and Tanzania. In the carribean conflict between Indians and blacks they are no better than white racist pigs. Africans must unite to solve our own problems.

  8. Anonymous Says:

    Most excellent intro to Africa and the various countries therein. Kudos to TED and Euvin Naidoo for bringing critical focus to Africa and its emerging role in global business integration and sustainable development. :)

  9. Anonymous Says:

    Africa is resource rich so they will stay poor. The U.S. will exploit them for oil and diamonds while backing dictators. There are forces at work too strong to fix with simple aid.

  10. Anonymous Says:

    This Idiot is putting my continent up for grasp…”Hey,you can exploit these poor Africans by giving them ATM’s” Fuck OFF…

  11. Anonymous Says:

    … no word about french speaking African Countries etc…Mettons tout cela sous le compte de la jeunesse…

  12. Anonymous Says:

    I agree with you mrkvamaster at 300%. Moreover I wonder how credible this indian could be when he’s talking about Africa. Actually he’s a ZA citizen but anyone easily will remember that during apartheid era Indians were considered as colored race while indigenous black people were treated less than animals. Is he really the right man at the right place ? I doubt !

  13. Anonymous Says:

    I guess this means you could make as informed a speech about the entire continent of Africa, within 20 minutes, and not leave out a single country within it? ~Goood showw then!

    I think he did splendidly myself:)

  14. Anonymous Says:

    Perhaps the most important web connection I’ve come across all year. ~Thanks to Tom, tlg847

  15. Anonymous Says:

    It is a very nice speech but how come he doesn’t say a word about Ghana? I ask this because he is always talking about other African countries like Nigeria,South Africa,Botswana and Egypt.

  16. Anonymous Says:

    One of the main, no the main mean to bringing africa out of poverty, famine and so on. Is a good economy, money! So how is investing in africa a bad thing? ;)This has nothing to do with colonization.

  17. Anonymous Says:

    I mean this guy himself is a banker!

    For that alone, he should be ripped apart by five horses and then have his grave defecated upon by lepers or something, but instead he is allowed to speak! He even tells these retarded pathetic fuckin LIES about his life changing and how he now wants to bring LIGHT to Africa!!! FUCK! FUCK! FUCK! FUUUUUUUCK!!!!!

  18. Anonymous Says:

    Africa is a place of great opportunity…

    HOLY FUCK! NO SHIT EINSTEIN!

    For the holders of global capital (=bankers!), not for the AFRICANS! It used to be called COLONIZATION, now it’s called CAPITALIST IMPERIALISM! So let’s forget famine, slavery and AIDS and focus on bringing more ATM machines to african people, so they too can become slaves to our global fractional-reserve-debt-based banking system even more than they already are! Fuck YEAH!!!

  19. Anonymous Says:

    great video! gives a MUCH brighter picture of africa then i realized! there may be a way after all!

  20. Anonymous Says:

    INTERESTING !

  21. Anonymous Says:

    Africa will be the new asia for sure! I’ve already thought of it, I’ve already read about investment opurtunities and I will be one of the first to invest in this(/these) ‘future’ emerging market(s)!

  22. Anonymous Says:

    a great talk, africa has problems, but there are solutions. i dont like it when people fall into the trap and try to offer solutions for all africa and ignore how different the different areas and cultures and gouvernments in africa look. some countries need food or peace the most, essential basic help is needed here, others dont have these problems and need some help in starting economy, and some countries are ready to compete in global financial markets and need the opportunity to do it.

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