Chapel Hill, N. C. — Dambisa Moyo, economist and New York Times best-selling author of "Dead Aid: Why Aid is Not Working and How There is a Better Way for Africa" will speak at the University of North Carolina at Chapel Hill Nov. 11.

Her address is part of the Business Across Border Series hosted by the Frank Hawkins Kenan Institute of Private Enterprise, the economic-development and outreach arm of the Kenan-Flagler Business School, and is sponsored in part by UNC's Center for International Business Education and Research.

The lecture begins at 5:30 p.m. in Kenan-Flagler's Maurice J. Koury Auditorium. A reception will follow in the Kenan Center Dining Room. Both are free and open to the public. Seating is limited. Visit www.kenaninstitute.unc.edu/moyo to RSVP.

Moyo contends that the more than $1 trillion in government-to-government aid wealthy nations have given Africa over the past 50 years have trapped it in a vicious circle of aid dependency, corruption, market distortion and further poverty. She visits UNC to argue for more innovative ways for Africa to finance development, including trade with China, accessing the capital markets and microfinance.

A native of Zambia, South Africa, Moyo completed a Ph.D. in economics at Oxford University a masters degree from Harvard University, and a bachelors degree in chemistry and MBA in finance from American University in Washington D.C. She worked at Goldman Sachs for eight years in the debt capital markets, hedge fund coverage and global macroeconomics teams. Previously, she worked at the World Bank in Washington, D.C.

Time magazine in April named Moyo one of the 100 most influential people in the world. O magazine named her to its first-ever 2009 Power List of "20 remarkable visionaries who are flexing their muscles in business and finance, politics and justice, science and the arts."

Moyo is a member of the boards of Lundin Petroleum and SAB Miller. She is a Patron for Absolute Return for Kids (ARK), a hedge-fund-supported children's charity. She serves on the boards of the Lundin for Africa Foundation and Room to Read, an educational charity.

The Kenan Institute conducts research and programming in the areas of entrepreneurship, economic development and global competitiveness. For more information, visit www.kenaninstitute.unc.edu.