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October 10, 2019

Sub-Saharan Africa
Rich People and Wealth in 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.

Visitors walk past a reception with an electronic board displaying movements in major indices at the Johannesburg Stock Exchange building

February 13, 2019

Nigeria
Nigeria Is Oil Dependent, not Oil Rich

At a business breakfast on February 7, Doyin Salami pointed out the elephant in the living room of Nigeria’s economy. The country is not oil rich; rather it is oil dependent. He asked attendees to acknowledge this distinction.

Nigeria-Oil-Pollution-Rivers-State

October 4, 2019

Election 2020
Campaign Foreign Policy Roundup: William Weld Answers Twelve Questions

Each Friday, I look at what the presidential challengers are saying about foreign policy on the campaign trail.

Former Governor William Weld answers questions in New York after a Sept. 24 debate.

September 25, 2019

China
The President’s Inbox: Admiral William McRaven on Technology, Innovation, and Special Operations

The latest episode of The President’s Inbox is now up. My guest was Admiral William McRaven (Rtd.), a member of CFR’s Board of Directors and the co-chair of the recent CFR Independent Task Force on I…

Admiral William McRaven (Rtd.) speaks during a Reuters Newsmakers event in New York in May 2019.

April 3, 2020

Election 2020
Campaign Foreign Policy Roundup: The Coronavirus, Foreign Policy, and Election 2020

Each Friday, I look at what the presidential challengers are saying about foreign policy. This week: the coronavirus’s impact on Election 2020, calls for sanctions relief for Iran, and authoritarian …

A blue sign that says "VOTE" with an arrow points voters toward a polling station in Milwaukee, Wisconsin, during the 2018 midterm elections.

April 2, 2020

Nigeria
With Travel Restricted, Nigeria's Elite Face Coronavirus at Home

The Nigerian medical and public health systems were a shambles long before the coronavirus. It is estimated that half of Nigeria's physicians practice medicine outside of the country. Contributing to the poor medical and health system, rich Nigerians routinely go abroad for medical treatment.

A cameraman with a medical mask films Nigerian President Muhammadu Buhari as addresses the nation on the coronavirus disease (COVID-19), in Abuja, Nigeria. In the foreground is a man sitting with a medical mask and gloves.

June 12, 2018

Palestinian Territories
Prince William (and the Foreign Office) in Jerusalem

I’ve written many times about the British royal family’s remarkable record of refusing to make an official visit to Israel while making scores of visits to Arab capitals. That will change in a matter…

March 26, 2020

Public Health Threats and Pandemics
The Multilateral System Still Cannot Get Its Act Together on COVID-19

In the absence of U.S. leadership, multilateral responses to COVID-19 have been inadequate to date.

Saudi King Salman bin Abdulaziz speaks via video link as he sits at a desk, with a monitor displaying "G20" in the background.

February 24, 2020

Coronavirus
The Coronavirus, Oil, and Global Supply Chains

As nations prepare for a possible health emergency, world leaders are realizing that the new coronavirus is going to be harder to contain than previously hoped. Mobilization is continuing, and concer…

An empty street is seen after a coronavirus outbreak, in Milan, Italy February 24, 2020.

May 23, 2018

Nigeria
Nigeria's Dangote, Africa's Richest Person, Became Rich at Home

Outside of business and financial circles, Dangote is not well known in the United States. Perhaps that is largely because his business interests—banking, cement, sugar, salt, agriculture, and manufacturing—are centered in Nigeria and Africa rather than overseas.

Nigeria-Aliko-Dangote-Africa-Richest-Person