This is paternalistic, and worse yet, it doesn't work, i.e. rich people "protecting" poor people. What indeed does work is a free market (and that includes a free jobs' market), meaning free access of all (rich and poor) to the benefits of exchanging goods and improving one's life.
What the European Union (and to a lesser extent the USA) does now when it comes to Africa is border-line criminal, what if with Europe's protectionist policies when it comes to its agriculture and its immigrant policy. Imagine if those 2 million kids that get saved by the Gates Foundation instead of being forced to remain in conflict-prone Northern Nigeria or Kenya or Uganda were given the chance to come and work , legally, in Europe. Or what if they'd really have a chance to sell their agricultural goods on the same European market without having to fight countless protectionist measures designed to protect the raising of cows in the French Alps.
(if it matters, I live on the fringes of said European Union, and in my youth I used to live with under $1USD per day for at least a couple of years)