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LAGOS (Capital Markets in Africa) – A new ban from the White House hits one of the most successfully integrated groups in the country. This column will not render a verdict on whether the White House decision last week to suspend immigration from Nigeria — the world’s seventh most-populous nation — and five other countries was mainly an expression of bigotry from an administration led by a man who once likened African nations to latrines, or if it was…

LAGOS (Capital Markets in Africa) – As the global economy undergoes rapid technological change, leaders worldwide are deeply worried about the future of jobs. The use of Artificial Intelligence (AI), machine learning, and robotics will spur automation across industries and could undermine job creation at a mass scale. But African countries face a particularly daunting challenge: within the next two decades, the continent will be home to nearly 1 billion working-age people entering the job market….

LONDON (Capital Markets in Africa) – Labour Party Leader Jeremy Corbyn accused Boris Johnson’s Conservatives of seeking to sell out the U.K.’s National Health Service in secret trade talks with the U.S. The opposition leader released a 451-page document, which he said detailed preparatory trade meetings between U.K. and U.S. officials, as he sought to play on voter concerns about creeping privatization in the state-funded health care system. The previously redacted papers show the U.S. seeking “total market access”…

LAGOS(Capital Markets in Africa) – Americans are buying more diamond jewelry than ever before, but prices for most polished gems are falling. Five years ago, the diamond industry’s biggest worry was being forgotten by millennials, who — the theory went — didn’t covet sparkly gems the way their parents had. The concern turned out to be mostly unfounded, but the reality is almost worse. While Americans are buying more diamond jewelry than ever before, most polished…

LAGOS (Capital Markets in Africa) – China wants to hold more talks this month to hammer out the details of the “phase one” trade deal touted by Donald Trump before Xi Jinping agrees to sign it, according to people familiar with the matter. Beijing may send a delegation led by Vice Premier Liu He, China’s top negotiator, to finalize a written deal that could be signed by the presidents at the Asia-Pacific Economic Cooperation summit next…