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Development Quote by Paul Kagame

“In Africa today, we recognise that trade and investment, and not aid, are pillars of development.” quote by Paul Kagame
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“In Africa today, we recognise that trade and investment, and not aid, are pillars of development.”

Paul Kagame

About This Quote

Source Speech: Economic Forum, Kigali, Rwanda, 2015

Trade and investment drive sustainable growth more effectively than charitable aid.

In simple terms: Trade fuels development more than aid.

Key Takeaway

Focus on creating trade opportunities.

Themes

development economics trade investment aid policy

Mood

optimistic determined

Type

policy economic

When to use this quote

  • Government policy
  • NGO strategy
  • Business planning
  • International relations

Key Concepts

Sustainable development Economic empowerment Market mechanisms

Questions to Reflect On

  • How can trade be made inclusive?
  • What barriers limit investment?
A Different Perspective

Aid alone cannot address structural poverty.

2.4 out of 5 (3 ratings)

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