Nwamaka Agbo: Redistributing Wealth and Power

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Nwamaka Agbo is the creator of the Restorative Economics framework. Restorative Economics focuses on supporting projects that build resilient, self-determined communities rooted in shared prosperity, and a commitment to racial justice, equality, and liberation.

For many years, Nwamaka worked as a consultant, but in 2020 she transitioned to her current role as the CEO of the Kataly Foundation and the Managing Director of the Restorative Economies Fund. The Kataly Foundation redistributes assets to communities of color. Their intention isn't to only build wealth, but also power and they go a few steps further than most traditional funds by providing their grantee's feedback, coaching, and other valuable resources which will ultimately end up eliminating the need for the Kataly Foundation to exist at all. 

In today’s episode, Nwamaka explains why the Kataly Foundation is the most transformative organization she has ever worked for. She shares some of the biggest lessons she has learned since she became the CEO, and provides inspiration for building a better world.

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Key Points From This Episode:

  • The restorative economic framework that underpins and guides the work that Nwamaka does.

  • Nwamaka explains the mission of the Kataly Foundation, of which she is the leader, and what makes their approach unique. 

  • Some of the biggest lessons that Nwamaka has learned since transitioning from consultant to CEO.

  • Details about the work that is being done within some of the programs that are run by the Kataly Foundation.

  • How Nwamaka navigates one of the biggest challenges that she faces as CEO: saying no to applicants looking for funding.

  • The Kataly Foundation’s approach to redistributing power (alongside redistributing wealth).

  • What collective decision-making looks like at the Kataly Foundation. 

  • Intentionality that underpins the Kataly Foundation’s strategy with regard to redistributing wealth.

  • How we can build the “collective we” that is so needed in society right now. 

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Tweetables:

“Our mission at the Kataly Foundation is to redistribute our assets in a way that we build the political, economic, and cultural power of black, indigenous, and all communities of color.” — @AmakaAgbo

“Our grantees are some of the most inspiring, committed, dedicated community leaders across the country.” — @AmakaAgbo

“We don’t know what it means to lead, what it means to have to make hard decisions until we are the ones that have put ourselves in those situations where we have to make those decisions, and we have to be willing to be responsible and accountable for the decisions that we make.” — @AmakaAgbo

“We are living in a moment where we need the doers and the builders.” — @AmakaAgbo

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Links Mentioned in Today’s Episode:

Nwamaka Agbo — https://www.nwamakaagbo.com/

Nwamaka Agbo on LinkedIn — https://www.linkedin.com/in/nwamaka-agbo/ 

Nwamaka Agbo on Twitter — https://twitter.com/amakaagbo 

Kataly Foundation — https://www.katalyfoundation.org/ 

Restorative Economies Fund — https://www.katalyfoundation.org/#programs  

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