I sat down with Senegalese immigrant and entrepreneur Magatte Wade to discuss why Africa remains the poorest continent and why the most popular explanations are wrong.

Colonialism, slavery, or IQ differences are the answers most people reach for, but the data says otherwise. Ethiopia was never colonized and has been the poster child for African poverty for decades. Slavery was practiced by every race against every other race throughout human history. Nigerian immigrants are some of the most successful people in America.

Originally believing the Marxist narrative about Africa’s struggles, Magatte later realized that the truth was the exact opposite.