An African-Born Female Economist on Global Finance’s Boys’ Club

Interviews with people who shape our culture.
May 23 2013 11:46 AM

From Africa to the Board Room

How a Zambian-born economist left home for Oxford, Harvard, and Goldman Sachs.

Dambisa Moyo, economist and author.
Dambisa Moyo, economist and author.

Photo by David Levenson/Getty Images

When economist Dambisa Moyo writes about the challenges facing African nations, she draws in part on her own roots and the great distance she has traveled since growing up in Zambia in the 1970s. She left her native country midway through college and went on to pursue graduate degrees at Harvard and Oxford. She later worked at the World Bank and Goldman Sachs before joining the boards of Barclay’s Bank and the Barrick Gold, the world’s largest gold company.

As an African woman working in and around the heights of global finance, she is frequently surrounded by white men. But Moyo tells Slate’s Jacob Weisberg that she relishes the opportunity to offer her perspective, especially in when it comes to international development in Africa.

In Part 1 of our interview, Moyo explains why traditional aid to Africa doesn’t work and how Bill Gates and others could better spend their money there.  Tomorrow, look out for Moyo’s take on what China’s rise means for Africa and why the U.S. should pay close attention.



Meet the New Bosses

How the Republicans would run the Senate.

The Government Is Giving Millions of Dollars in Electric-Car Subsidies to the Wrong Drivers

Scotland Is Just the Beginning. Expect More Political Earthquakes in Europe.

Cheez-Its. Ritz. Triscuits.

Why all cracker names sound alike.

Friends Was the Last Purely Pleasurable Sitcom

The Eye

This Whimsical Driverless Car Imagines Transportation in 2059

Medical Examiner

Did America Get Fat by Drinking Diet Soda?  

A high-profile study points the finger at artificial sweeteners.

The Afghan Town With a Legitimately Good Tourism Pitch

A Futurama Writer on How the Vietnam War Shaped the Series

  News & Politics
Sept. 21 2014 11:34 PM People’s Climate March in Photos Hundreds of thousands of marchers took to the streets of NYC in the largest climate rally in history.
Business Insider
Sept. 20 2014 6:30 AM The Man Making Bill Gates Richer
Sept. 20 2014 7:27 AM How Do Plants Grow Aboard the International Space Station?
  Double X
The XX Factor
Sept. 19 2014 4:58 PM Steubenville Gets the Lifetime Treatment (And a Cheerleader Erupts Into Flames)
  Slate Plus
Tv Club
Sept. 21 2014 1:15 PM The Slate Doctor Who Podcast: Episode 5  A spoiler-filled discussion of "Time Heist."
Sept. 21 2014 9:00 PM Attractive People Being Funny While Doing Amusing and Sometimes Romantic Things Don’t dismiss it. Friends was a truly great show.
Future Tense
Sept. 21 2014 11:38 PM “Welcome to the War of Tomorrow” How Futurama’s writers depicted asymmetrical warfare.
  Health & Science
Bad Astronomy
Sept. 22 2014 5:30 AM MAVEN Arrives at Mars
Sports Nut
Sept. 18 2014 11:42 AM Grandmaster Clash One of the most amazing feats in chess history just happened, and no one noticed.