“The question of preference between markets and aid can only be asked in Africa, not in any other region of this world.
Let’s not be diplomatic, let’s not gloss over issues. Markets are markets. We know what they offer outweigh what we have in aid by thousands of times. All kinds of wealth lying all over the place in Africa and being recycled to us in forms of aid and in the end we are told, you must be humble and quiet and not say anything. Let’s not be diplomatic, let’s not gloss over issues. Markets are markets. We know what they offer outweigh what we have in aid by thousand of times.
Aid is more political than anything else. Markets are less political, they are neutral.”
President Kagame speaking on the benefits of markets vs. aid at the East African Capital Markets Conference held in Kigali 12 February 2015