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

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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