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A fierce war of words has erupted between one of the world’s richest men Bill Gates & celebrated Zambian author Dambisa Moyo. On 28th May 2013 during a Q&A session at the University of New South Wales, the Microsoft founder whose fortune stands at almost $59 Billion strongly criticized Dr. Moyo’s famous book “Dead Aid”. Without mincing his words, Gates said Moyo’s book ‘promotes evil’. However in what appears to be the latest episode in this David & Goliath showdown, the Zambian born economist has described the comments by Gates as “both inappropriate and disrespectful”. Forbes Wrote; Moyo’s book Dead Aid explains how aid continually hampers Africa’s development and the book provides alternative solutions to economic prosperity. It became

On Wednesday May 22nd 2013, Forbes released its annual list of 100 most Powerful Women in the world and Nigeria’s Minister of Finance and coordinating Minister of the Economy, Dr Okonjo Iweala has made the list again. She is ranked 83rd, moving from 81st position to 83rd. One year in office after a failed bid to for the World Bank presidency, Nigeria’s Harvard-educated finance minister produced a 6.5% increase in GDP from 2011 to 2012. Nigeria is the third largest economy in Africa with nearly $50 billion in foreign reserves. 2013 SPOTLIGHT: Okonjo-Iweala is a member of the ethnic Igbo group, and faces criticism at home for appointing Igbos to top positions in finance Related posts: Dr Ngozi Okonjo Iweala listed in Forbes’ list of 100 most powerful women in the world Okonjo-Iweala

A young jobless man set himself ablaze and was seriously wounded on Sunday in front of the town hall of Sidi Bouzid, birthplace of Tunisia’s 2011 revolution, witnesses said. Brahim Slimani, 23, doused himself with petrol and set himself alight in front of the closed town hall, to the alarm of passers-by who rushed to his rescue. He was taken to the local hospital where doctors said he had third degree burns over three-quarters of his body. Witnesses said the man did not utter a word before his action but a friend said that he was unemployed and living in poverty. The number of people committing suicide or trying to take their own lives has multiplied since a young Tunisian street vendor set himself on fire on December 17, 2010, in a drastic act of protest against police harassment. Mohamed

When we think of the world’s all-time richest people, names like Bill Gates, Warren Buffet and John D Rockefeller immediately come to mind. But few would have thought, or even heard of, Mansa Musa I of Mali – the obscure 14th century African king who was today named the richest person in all history. With an inflation adjusted fortune of $400 billion, Mansa Musa I would have been considerably richer than the world’s current richest man, Carlos Slim, who ranks in 22nd place with a relatively paltry $68 billion. The list, compiled by the Celebrity Net Worth website, ranks the world’s 24 richest people of all time. The list advertises itself as the top 25, but 26 names appear in the list. Although the list spans 1000 years, some aspects of wealth appear consistent throughout history;