Nigeria, with the oil sector, had the reputation of being corrupt and not managing its own public finances well. So what did we try to do? We introduced a fiscal rule that de-linked our budget from the oil price.

The U.K. and the U.S. could not have been built today without Africa's aid. It is all the resources that were taken from Africa, including human, that built these countries today! So when they try to give back, we shouldn't be on the defensive.

I'm trying to tell you that there's a new wave on the continent. A new wave of openness and democratization in which, since 2000, more than two-thirds of African countries have had multi-party democratic elections. Not all of them have been perfect, or will be, but the trend is very clear.

Ngozi Okonjo-Iweala Quotes