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Developing world investing approach - Oprah, Gates or both?



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The Boston Globe has an interesting article on the new Oprah school in South Africa, which was launched recently courtesy of a $40M investment that she provided. The debate centers around whether $40M makes sense for educating 150+ students and whether a school like this is creating a new elite class within society, creating a disconnect between students and their families. Also, is this just another rich foreigner (or foreign government or NGO) who wants to do it their way instead of working with the local community to build a solution that is more integrated with local communities?

First off, it's her money and she should be able to spend it however she sees fit wherever she sees fit. If this is her vision, so be it. In this specific situation, her focus on educating girls is a great idea. Girls and women in developing countries have a very tough road so building an environment where they can receive a top level education and preparing them for being leaders makes all the sense in the world.

My preference might be more in favor of the Gates Foundation approach and addressing the needs of more, but maybe some mix of the two is not such a bad idea either. Why not? Building programs that address community needs with community leaders input is understandable and makes sense but if the communities are strictly run by men, doesn't that have to change as well?


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