Ideas change everything

In praise of macro -- yes, macro -- finance in Africa

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Sangu Delle |

TEDGlobal 2014

• October 2014

In this short, provocative talk, financier Sangu Delle questions whether microfinance — small loans to small entrepreneurs -- is the best way to drive growth in developing countries. "We seem to be fixated on this romanticized idea that every poor person in Africa is an entrepreneur,” he says. "Yet, my work has taught me that most people want jobs.” Delle, a TED Fellow, makes the case for supporting large companies and factories — and clearing away the obstacles to pan-African trade.

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In this short, provocative talk, financier Sangu Delle questions whether microfinance — small loans to small entrepreneurs -- is the best way to drive growth in developing countries. "We seem to be fixated on this romanticized idea that every poor person in Africa is an entrepreneur,” he says. "Yet, my work has taught me that most people want jobs.” Delle, a TED Fellow, makes the case for supporting large companies and factories — and clearing away the obstacles to pan-African trade.

Want to use TED Talks in your organization?

This talk was presented at an official TED conference.

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About the speaker

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Sangu Delle is an entrepreneur and clean water activist. A TED Fellow who hails from Ghana, he sees incredible potential in the African economy.

This talk was presented at an official TED conference.

Read our curation guidelines.