The acquittal of three former Barclays executives is the only time a jury has ruled on criminal allegations against senior bankers for events in the 2008 crisis. The senior executives in this trial, which began in October – Roger Jenkins, 64, Tom Kalaris, 64 and Richard Boath, 61 – were not the top bosses of Barclays. Instead, they were between one and four ranks down from the board of directors in the bank’s hierarchical structure.…
Sudan’s rulers have agreed to hand over ex-President Omar al-Bashir to the International Criminal Court (ICC) to face genocide and war crimes charges. Bashir is accused of serious crimes in a conflict that broke out in Darfur in 2003 and led to the deaths of 300,000. Authorities said the former president, and others charged by the ICC, should appear before the court. The commitment came at peace talks between Sudan’s government and rebel groups from…
Over the next 30 years, half of the world’s population growth will happen here in Africa. Inevitably, that impending reality prompts questions about whether governments across the continent can cater to the infrastructural and policy needs that the population spurt will demand. But evidence suggests very few are prepared. Nigeria, Africa’s most populous country and largest economy, has already been labeled the world’s poverty capital and human capital spending across several countries on the continent still falls significantly short.…
Steve Jobs is most famous as the founder of Apple, but he also founded NeXT and led Pixar to incredible success. As an outsider, it’s easy to assume that Steve Jobs must have been working on lots of different things at once, but the tech visionary in fact credited much of his success to his laser-sharp focus. At the 1997 Apple Worldwide Developers Conference, Jobs dropped this timeless piece of wisdom about what true focus…
US Secretary of State Mike Pompeo has announced his first trip to Africa, 15–19 February, with stops in Senegal, Ethiopia, and Angola. The choice of these three countries demonstrates that the US remains focused on security and economic investment issues in Africa, and, in the case of Angola, is responding to current events instead of pursuing a long-term and coherent strategy. Importantly, the choice underscores that the one consistent theme in the US Africa strategy…