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.



Blacks Don’t Have a Corporal Punishment Problem

Americans do. But when blacks exhibit the same behaviors as others, it becomes part of a greater black pathology. 

I Bought the Huge iPhone. I’m Already Thinking of Returning It.

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

Lifetime Didn’t Think the Steubenville Rape Case Was Dramatic Enough

So they added a little self-immolation.

Two Damn Good, Very Different Movies About Soldiers Returning From War

Medical Examiner

The Most Terrifying Thing About Ebola 

The disease threatens humanity by preying on humanity.

Students Aren’t Going to College Football Games as Much Anymore, and Schools Are Getting Worried

The Good Wife Is Cynical, Thrilling, and Grown-Up. It’s Also TV’s Best Drama.

  News & Politics
Sept. 20 2014 11:13 AM -30-
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
Slate Picks
Sept. 19 2014 12:00 PM What Happened at Slate This Week? The Slatest editor tells us to read well-informed skepticism, media criticism, and more.
Brow Beat
Sept. 19 2014 4:48 PM You Should Be Listening to Sbtrkt
Future Tense
Sept. 19 2014 6:31 PM The One Big Problem With the Enormous New iPhone
  Health & Science
Bad Astronomy
Sept. 20 2014 7:00 AM The Shaggy Sun
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.