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Showing posts from February, 2018

Africa: The New Industrial Frontier - Helen Hai points the way

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Global perspective about Continental Africa is often incomplete, flawed and reflects a deliberate, entitled, tiresome, sweeping, base ignorance about Africa.  Recently,  Caroline Broue, a French journalist asked the novelist, Chimamanda Ngozi Adichie if people in Nigeria read her work, to which the writer replied, "They do shockingly." From there, she decided to ask "Are there bookshops in Nigeria?" Chimamanda's epic reply has garnered a lot of encomiums across social media, and millennials consider it to be the classic clap-back for the entitled and ignorant class of people, who have deliberately refused to update their knowledge about emerging Africa. The rising continent of which Kingsley Moghalu, a political economist, aptly describes as, "the global economy's last frontier." In this TEDxBeijing Talk, Helen Hai, the United Nations Industrial Development Organization Goodwill Ambassador for industrialization in Africa, brings out the often ov...

The Dubai Bank Heist

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One day in August 1995 a man called Foutanga Babani Sissoko walked into the head office of the Dubai Islamic Bank and asked for a loan to buy a car. The manager agreed, and Sissoko invited him home for dinner. It was the prelude, writes the BBC's Brigitte Scheffer, to one of the most audacious confidence tricks of all time. Over dinner, Sissoko made a startling claim. He told the bank manager, Mohammed Ayoub, that he had magic powers. With these powers, he could take a sum of money and double it. He invited his Emirati friend to come again, and to bring some cash. Black magic is condemned by Islam as blasphemous. Even so, there's still a widespread belief in it, and Ayoub was taken in by the colourful and mysterious businessman from a remote village in Mali. When he arrived at Sissoko's house the next time, carrying his money, a man burst out of a room saying a spirit - a djinn - had just attacked him. He warned Ayoub not to anger the djinn, for fear his money woul...