Andreas Widmer, Co-Founder, SevenFund: Economic Development vs. Humanitarian Aid

15 Feb 2011 · 5 min
4:43

Andreas Widmer argues that economic development and humanitarian aid are distinct activities: humanitarian aid is crisis-focused and can create dependency if prolonged, whereas economic development requires accompaniment (empathy) and empowerment rather than takeover (sympathy). He criticizes external aid practices that impose solutions—often led by outsiders—and presents his approach via SevenFund: finding and doing business with successful local entrepreneurs in Africa to create sustainable prosperity. The talk mixes analogy, critique of the aid community, and personal background to justify partnering with local entrepreneurs rather than prescribing solutions.

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