October 10, 2019Sub-Saharan Africa
Rich people are everywhere, and they can have something to say about the level of economic development in their home countries. Afrasia Bank and New World Wealth have just published the 2019 Africa Wealth Report, which includes North Africa and African island states in the Atlantic and Indian Oceans. It identifies the continent’s six wealthiest cities, defined as total individual private wealth—equities, real estate, businesses—less liabilities. They are Johannesburg, Cape Town, Cairo, Lagos, Durban, and Nairobi.
October 9, 2019Sub-Saharan Africa
An article on the origins of the names of African countries was recently published in Quartz. It includes a map of the continent in 1885, shortly after the Berlin Conference. Portuguese and Arabic traders and explorers are the origins of some names, European mispronunciation of tribal names are the origins of others.
October 7, 2019Nigeria
This update represents violence in Nigeria and related to Boko Haram in Cameroon, Chad, and Niger from September 28 to October 4, 2019.
September 30, 2019Nigeria
This update represents violence in Nigeria and related to Boko Haram in Cameroon, Chad, and Niger from September 21 to 27, 2019.
September 27, 2019Nigeria
In August, the Federal Bureau of Investigation (FBI) indicted eighty people for what it described as “the largest case of online fraud in U.S. history.” Seventy-seven of them were Nigerian. Separately, also indicted for computer and wire fraud was Obinwanne Okeke. He is accused of defrauding a subsidiary of Caterpillar of $11 million.
September 20, 2019Trade
Transatlantic imbalances reflect Europe's demand deficit, which should be easy to solve (but isn't). Transpacific imbalances haven't disappeared. And are likely harder to solve, as they stem from an …
September 12, 2019Nigeria
On September 11, the Presidential Elections Tribunal rejected Atiku Abubakar’s petition, saying that he had failed to provide sufficient proof of fraud. Atiku Abubakar’s next step is to appeal to the Supreme Court. Defeated presidential candidates in the past have appealed to the Supreme Court, as they are entitled to do, but none have ever had an election overturned.
September 11, 2019South Africa
Mob attacks on foreign-owned shops in Johannesburg have damaged relations between South Africa and Nigeria. The Nigerian government has announced that it is evacuating some four hundred Nigerians from South Africa. The violence is being characterized as “xenophobic,” which, by all accounts, it is. But the story is more complicated, and aspects of it have roots in apartheid South Africa and the dislocations resulting from too-rapid urbanization.
September 9, 2019Nigeria
This update represents violence in Nigeria and related to Boko Haram in Cameroon, Chad, and Niger from August 31 to September 6, 2019.
September 3, 2019Nigeria
This update represents violence in Nigeria and related to Boko Haram in Cameroon, Chad, and Niger from August 24 to 30, 2019.