Author: The Editorial Team

LUANDA (Capital Markets in Africa) – Isabel dos Santos, Africa’s richest woman, built her multi-billion dollar business empire via a series of questionable deals involving Angolan state assets during her father’s 38-year rule of the resource-rich nation, according to a report by the International Consortium of Investigative Journalists. Dos Santos got access to lucrative deals involving state-owned oil company Sonangol, diamonds, land and telecommunications and funds were diverted to offshore bank accounts linked to her and her…

LAGOS (Capital Markets in Africa) – In a memorable exchange at Davos last year, tech billionaire Michael Dell was explaining how higher taxes on the rich had never done much good anywhere, when he was contradicted. Actually, said Erik Brynjolfsson, a professor at the Massachusetts Institute of Technology, they’d worked pretty well within living memory in his own country, the U.S. For an executive crowd that’s thrived under 40 years or more of policies based…

LAGOS (Capital Markets in Africa) – The European Union may deploy a military mission to help enforce an arms embargo and a potential cease-fire in Libya, as the bloc scrambles to contain a conflict that’s drawn in Russia and Turkey and that threatens to destabilize the Mediterranean. While no decisions were taken at a meeting of EU foreign ministers in Brussels on Monday, two officials present in the discussion said there was consensus that preparations should begin…