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Africa’s Biggest IPOSparks Investor Frenzy in Dangote’s Nigeria
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Corrections:1. She is not a billionaire and didn't claim to be one. 2. Her entire fund is $80m so far, and that is not what she makes in a year. Management fees on that are minimal. Exits have not happened yet.3. With the state of Nigeria today, anyone who is managing a substantial amount of money needs to be very well protected; hence the police escort. When I was part of a fund, they didn't let me travel to Nigeria or to places they considered high-risk without guarantees of protection.As for
1:54
Corrections:1. She is not a billionaire and didn't claim to be one. 2. Her entire fund is $80m so far, and that is not what she makes in a year. Management fees on that are minimal. Exits have not happened yet.3. With the state of Nigeria today, anyone who is managing a substantial amount of money needs to be very well protected; hence the police escort. When I was part of a fund, they didn't let me travel to Nigeria or to places they considered high-risk without guarantees of protection.As for
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1:05
The U.S. recovered a greater volume of electronic materials from the ISWAP raid in Nigeria than from the operation that killed Osama bin Laden at his compound in Abbottabad, Pakistan.Items recovered included hundreds of laptops, servers, and heavy communications hardware used for command, control, and coordination.Mobile phones, hard drives, and communication radios with end to end encryption that contained sensitive data regarding ISIS/ISWAP operational planning, financing, and international li
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