# Episode 61: Magatte Wade on Rethinking Poverty, Prosperity, and What Africa needs to Flourish Page: https://stenobird.com/podcast/the-moral-imagination-1176352/episode-61-magatte-wade-on-rethinking-poverty-prosperity-and-what-africa-needs-to-flourish Text version: https://stenobird.com/podcast/the-moral-imagination-1176352/episode-61-magatte-wade-on-rethinking-poverty-prosperity-and-what-africa-needs-to-flourish.md Podcast: [The Moral Imagination](https://stenobird.com/podcast/the-moral-imagination-1176352) Published: 2025-12-21T04:40:17+00:00 Episode link: https://www.themoralimagination.com/p/episode-61-magatte-wade-on-rethinking Audio file: https://api.substack.com/feed/podcast/182169786/813319555ae86b6cdf9611fefbac97e3.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/the-moral-imagination-1176352/episodes/episode-61-magatte-wade-on-rethinking-poverty-prosperity-and-what-africa-needs-to-flourish Duration seconds: 10320 ## Resource In this episode of the Moral Imagination Podcast I speak with Magatte Wade about her book, The Heart of Cheetah , her personal journey, entrepreneurial ventures, and her vision for a free and prosperous Africa. Magatte was key voice and important influence in the film I directed, Poverty, Inc. She is a force for promoting freedom, the dignity of the person, and entrepreneurial solutions to poverty in Africa and throughout the world. I’ve know Magatte for many years and am delighted to have her on the podcast. We discuss the misconceptions surrounding African poverty and the need for economic freedom and institutions of justice – private property, rule of law, and ability to participate in the formal economy - for fostering opportunity and human flourishing for the poor. At the end of our conversation we also talk about poverty in America, the American dream from the perspective of an immigrant, emphasizing the need for a balance between material prosperity and moral values. Magatte emphasizes that Africa will only thrive through entrepreneurship, political and economic freedom, and a commitment to rule of law and human dignity. Biography Magatte Wade is founder of SkinIsSkin , and Senior Fellow at Atlas Network, the leading organization of African free-market think tanks. She was listed as a Forbes “20 Youngest Power Women in Africa,” a Young Global Leader by the World Economic Forum, and a TED Global Africa Fellow. You can learn more about her work at MagatteWade.com Chapters 00:00 Introduction to Magat Wade and Her Work 12:47 The Path to Prosperity: Entrepreneurs and Free Markets 39:52 The Reality of Poverty in Africa 45:02 Devotion to Prosperity in Africa 50:50 Cultural Identity and Entrepreneurship 57:54 The Complexity of Labor Laws 01:08:24 The Informal Economy an… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-moral-imagination-1176352/episodes/episode-61-magatte-wade-on-rethinking-poverty-prosperity-and-what-africa-needs-to-flourish/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/the-moral-imagination-1176352/episode-61-magatte-wade-on-rethinking-poverty-prosperity-and-what-africa-needs-to-flourish.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.