CONTENTS
‘In Africa now, you will find people queuing since dawn in the heat and the rain for the right to vote’ MO IBRAHIM
JANUARY/FEBRUARY 2020
THE AGENDA 19 MOMENTS IN MONEY In the second volume of the
9 THE SPEAR’S LEADERS
The world’s future is African ❘ In search of good billionaires ❘ Musk you, really? ❘ Boris’s Britain
12 EDITOR’S LETTER
14 DIARY
Ian Warhurst on his quest to break the land-speed record
15 READERS’ LETTERS
From the Iron Duke’s views on clubland to the Spear’s Luxury Index
16 WEALTH MANAGEMENT
AWARDS 2019 The winners and highlights of a fine evening at Skinners’ Hall
18 THE HEDGEHOG
The latest news from around the HNW universe
series we look back at history’s very first banknotes
20 LIQUID LUNCH
Edwin Smith meets Xavier Rolet who looks back on his time as CEO of the London Stock Exchange – and forward to new opportunities in Saudi Arabia
23 WILLIAM CASH
In praise of the people who are reviving the world of society literary festivals and salons
24 ANNAMARIA KOERLING
Advice on navigating the complex landscape of ESG and sustainable investing
27 JASON COWLEY
The Arsenal fan and New Statesman editor considers the challenge of succession planning at football clubs when a great manager moves on
42
56 47
30
THE ISSUES
30 THE SPEAR’S INTERVIEW
How philanthropist Mo Ibrahim is encouraging responsible governance in Africa
34 THE WINDSORS OF
OUR DISCONTENT What’s going on with the royal family’s PR? We ask the experts
38 THE NEW CONCORDE?
When Qantas tried out its direct London-Sydney route, naturally John Arlidge was aboard
42 MUSTIQUE REVISITED
Amid renewed interest in the Caribbean isle, Spear’s pays a visit
AFRICA SPECIAL
48 THE AFRICAN DREAM
Exploring the foundations of Africa’s economic miracle
52 ROBERT AMSTERDAM
Identifying the beneficiaries of Africa’s economic expansion
54 ROCK TSARS
How diamonds transform countries for better and worse
56 THE LATE SHOW
Long overdue, recognition is growing for Africa’s art scene