The Eagle in a storm (Part 2b). __Imagining new wealth creation models.
Wealth creation by Dr Strive Masiyiwa The talk with my Japanese friend had left me thinking deeply about how we in Africa think about wealth. Maybe, just maybe, there was another way to think about it? Imagine if my teachers had taught me that we are "very rich" because we produce some of the smartest entrepreneurs in Africa… people with the know-how and vision to transform our minerals into such great innovations and products that we no longer export our raw materials all over the world! From then on, every time I visited a country (or even a major city), and watched its economic activity, particularly places doing well, I would reflect on its "wealth creation model." __Imagine a wealth creation model that doesn’t require any raw material endowment, like Silicon Valley, or Singapore! I was fascinated by countries that rise without necessarily being underpinned by minerals and the exploitation of raw materials: Dubai, Mauritius, Singapore, South Korea, S...