My hope is that half of them will become the entrepreneurs that we need, who will create these jobs that we need, and the other half will go into government and the nonprofit sector, and they will build the institutions that we need. But they won't just learn academics. They will also learn how to become leaders, and they will develop their skills as entrepreneurs. So think of this as Africa's Ivy League, but instead of getting admitted because of your SAT scores or because of how much money you have or which family you come from, the main criteria for getting into this university will be what is the potential that you have for transforming Africa?
12:21But what we're doing is just one group of institutions. We cannot transform Africa by ourselves. My hopeis that many, many other home-grown African institutions will blossom, and these institutions will all come together with a common vision of developing this next generation of African leaders, generation four, and they will teach them this common message: create jobs, build our institutions.
12:51Nelson Mandela once said, "Every now and then, a generation is called upon to be great. You can be that great generation." I believe that if we carefully identify and cultivate the next generation of African leaders, then this generation four that is coming up will be the greatest generation that Africa and indeed the entire world has ever seen.