full transcript

From the Ted Talk by Sangu Delle: In praise of macro -- yes, macro -- finance in Africa

Unscramble the Blue Letters

Consider these two alternative soreancis. One: You loan 200 dollars to each of 500 bnanaa farmers allowing them to dry their surplus bananas and fetch 15 percent more revenue at the local market. Or two: You give 100,000 dollars to one svvay entrepreneur and help her set up a factory that yields 40 percent additional income to all 500 banana farmers and creates 50 aiiadndtol jobs. We invested in the second sanrieco, and backed 26-year-old Kenyan entrepreneur Eric Muthomi to set up an agro-processing factory called swtai to produce gluten-free banana-based foulr and baby food. Stawi is leveraging economies of scale and using mdreon manufacturing processes to create value for not only its owners but its workers, who have an ownership in the business. Our dream is to take an Eric Muthomi and try to help him become a Mo ihirbam, which requires skill, financing, lacol and global partnerships, and extraordinary pvrenreesace.

Open Cloze

Consider these two alternative _________. One: You loan 200 dollars to each of 500 ______ farmers allowing them to dry their surplus bananas and fetch 15 percent more revenue at the local market. Or two: You give 100,000 dollars to one _____ entrepreneur and help her set up a factory that yields 40 percent additional income to all 500 banana farmers and creates 50 __________ jobs. We invested in the second ________, and backed 26-year-old Kenyan entrepreneur Eric Muthomi to set up an agro-processing factory called _____ to produce gluten-free banana-based _____ and baby food. Stawi is leveraging economies of scale and using ______ manufacturing processes to create value for not only its owners but its workers, who have an ownership in the business. Our dream is to take an Eric Muthomi and try to help him become a Mo _______, which requires skill, financing, _____ and global partnerships, and extraordinary ____________.

Solution

  1. modern
  2. savvy
  3. perseverance
  4. local
  5. additional
  6. stawi
  7. ibrahim
  8. scenarios
  9. scenario
  10. flour
  11. banana

Original Text

Consider these two alternative scenarios. One: You loan 200 dollars to each of 500 banana farmers allowing them to dry their surplus bananas and fetch 15 percent more revenue at the local market. Or two: You give 100,000 dollars to one savvy entrepreneur and help her set up a factory that yields 40 percent additional income to all 500 banana farmers and creates 50 additional jobs. We invested in the second scenario, and backed 26-year-old Kenyan entrepreneur Eric Muthomi to set up an agro-processing factory called Stawi to produce gluten-free banana-based flour and baby food. Stawi is leveraging economies of scale and using modern manufacturing processes to create value for not only its owners but its workers, who have an ownership in the business. Our dream is to take an Eric Muthomi and try to help him become a Mo Ibrahim, which requires skill, financing, local and global partnerships, and extraordinary perseverance.

Frequently Occurring Word Combinations

ngrams of length 2

collocation frequency
free trade 2
banana farmers 2
eric muthomi 2
economic freedom 2
regular investment 2

Important Words

  1. additional
  2. allowing
  3. alternative
  4. baby
  5. backed
  6. banana
  7. bananas
  8. business
  9. called
  10. create
  11. creates
  12. dollars
  13. dream
  14. dry
  15. economies
  16. entrepreneur
  17. eric
  18. extraordinary
  19. factory
  20. farmers
  21. fetch
  22. financing
  23. flour
  24. food
  25. give
  26. global
  27. ibrahim
  28. income
  29. invested
  30. jobs
  31. kenyan
  32. leveraging
  33. loan
  34. local
  35. manufacturing
  36. market
  37. mo
  38. modern
  39. muthomi
  40. owners
  41. ownership
  42. partnerships
  43. percent
  44. perseverance
  45. processes
  46. produce
  47. requires
  48. revenue
  49. savvy
  50. scale
  51. scenario
  52. scenarios
  53. set
  54. skill
  55. stawi
  56. surplus
  57. workers
  58. yields