Author Margaret Atwood contributed a chapter to The Future Library Project anthology, to be published in the year 2114. AP Photo
Author Margaret Atwood contributed a chapter to The Future Library Project anthology, to be published in the year 2114. AP Photo
Author Margaret Atwood contributed a chapter to The Future Library Project anthology, to be published in the year 2114. AP Photo
Author Margaret Atwood contributed a chapter to The Future Library Project anthology, to be published in the year 2114. AP Photo

Why have Margaret Atwood and Tsitsi Dangarembga written books you can't read until 2114?


Saeed Saeed
  • English
  • Arabic

The world’s most exclusive library is set to welcome another author.

Zimbabwe’s Tsitsi Dangarembga has been announced as the latest writer to join the Future Library Project, an environmental and cultural initiative conceived in 2014 that invites authors to contribute chapters to an anthology to be published in 2114.

Dangarembga, shortlisted for the 2020 Booker Prize for her novel This Mournable Body, will be the eighth writer submitting work to the project and joins acclaimed authors Margaret Atwood, David Mitchell and Ocean Vuong.

Dangarembga will have until spring 2022 to complete her piece, before it is delivered to the organisers in a special handover ceremony.

She was chosen by the library's committee, which bases its selections on those with "outstanding contributions to literature or poetry, and for their work's ability to capture the imagination of this and future generations.”

Speaking to The Guardian, Dangarembga provided few details regarding her contributed piece of work, but said she was at peace knowing that she won’t be alive to see its release and reception.

“I’m always my first audience. So I think as long as I’m satisfied, then I’ll be ready to let it go. I’ve been writing for a long time, and lots of things, without a great deal of feedback,” she said.

“A lot of my life has been writing into the void. So I’m used to writing into the void.”

While many of us won’t be around to get our hands on the anthology, the Future Library Project has become an intriguing story of its own.

Here are three things to to know about the initiative:

1. What is the concept?

Conceived by Scottish visual artist Katie Paterson in 2014, the project aims to collect an original piece of literature from one author annually, over the span of 100 years, for an anthology to be published in 2114.

At the launch of the project, 1,000 trees were planted in Norway's Nordmarka forest. Paper from the forest will be used to produce a limited run of copies.

According to Paterson, the synergy between writers producing literature and trees developing over a century elevates the project from being a literary exercise to a public artwork.

“Future Library is a living, breathing, organic artwork, unfolding over 100 years,” she said.

“It will live and breathe through the material growth of the trees – I imagine the tree rings as chapters in a book.”

2. Where is the Future Library Project housed?

Where do you find a book that is yet to be published?

Each of the Future Library Project's completed manuscripts are held in Oslo's Deichman Library.

The contributing authors' names are on display in a designated room, however, none of the manuscripts are on display.

For those more interested in the environmental elements of the initiative, you can visit the Nordmarka forest, a popular hiking destination north of Oslo, to see the 1,000 trees being grown.

GPS coordinates for the site can be found on the Future Library Project's website.

3. Which writers are involved?

The project began with a literary bang as Atwood became the first person to contribute a piece.

The Canadian Booker Prize-winning novelist and author of The Handmaid's Tale and The Testaments was immediately receptive to the idea.

"It is the kind of thing you either immediately say yes or no to. You don't think about it for very long," she said during a Danish tour in 2014.

"I think it goes right back to that phase of our childhood when we used to bury little things in the backyard, hoping that someone would dig them up, long in the future, and say, 'How interesting, this rusty old piece of tin, this little sack of marbles, is. I wonder who put it there?'"

Another author enthused by the concept is Turkish novelist Elif Shafak (The Island of Missing Trees and The Forty Rules of Love) who in 2017 became the fourth person to join the campaign.

“It’s a very unusual project, and they’ve put so much thought and heart into it – so much faith behind it,” she told The Guardian.

“This entire idea of writing a manuscript that will, hopefully, be read in the future is to me like writing a letter now and leaving it in a river. You don’t know where it will go or who will read it – you just believe in the flow of time.”

In addition to Dangarembga, other authors in the mix are the Icelandic poet Sjon, who joined the project in 2016, South Korean writer Han Kang, who joined in 2017 and Norway's Karl Ove Knausgaard who was invited in 2019.

Pros%20and%20cons%20of%20BNPL
%3Cp%3E%3Cstrong%3EPros%3C%2Fstrong%3E%0D%3C%2Fp%3E%0A%3Cul%3E%0A%3Cli%3EEasy%20to%20use%20and%20require%20less%20rigorous%20credit%20checks%20than%20traditional%20credit%20options%0D%3C%2Fli%3E%0A%3Cli%3EOffers%20the%20ability%20to%20spread%20the%20cost%20of%20purchases%20over%20time%2C%20often%20interest-free%0D%3C%2Fli%3E%0A%3Cli%3EConvenient%20and%20can%20be%20integrated%20directly%20into%20the%20checkout%20process%2C%20useful%20for%20online%20shopping%0D%3C%2Fli%3E%0A%3Cli%3EHelps%20facilitate%20cash%20flow%20planning%20when%20used%20wisely%0D%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Cp%3E%3Cstrong%3ECons%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cul%3E%0A%3Cli%3EThe%20ease%20of%20making%20purchases%20can%20lead%20to%20overspending%20and%20accumulation%20of%20debt%0D%3C%2Fli%3E%0A%3Cli%3EMissing%20payments%20can%20result%20in%20hefty%20fees%20and%2C%20in%20some%20cases%2C%20high%20interest%20rates%20after%20an%20initial%20interest-free%20period%0D%3C%2Fli%3E%0A%3Cli%3EFailure%20to%20make%20payments%20can%20impact%20credit%20score%20negatively%0D%3C%2Fli%3E%0A%3Cli%3ERefunds%20can%20be%20complicated%20and%20delayed%0D%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Cp%3E%3Cem%3ECourtesy%3A%20Carol%20Glynn%3C%2Fem%3E%3C%2Fp%3E%0A
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Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

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Profile of MoneyFellows

Founder: Ahmed Wadi

Launched: 2016

Employees: 76

Financing stage: Series A ($4 million)

Investors: Partech, Sawari Ventures, 500 Startups, Dubai Angel Investors, Phoenician Fund

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Champions League quarter-final, first leg

Ajax v Juventus, Wednesday, 11pm (UAE)

Match on BeIN Sports

Company Profile

Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million

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What is a robo-adviser?

Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.

These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.

Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.

Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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Director:Matt Reeves

Rating: 5/5

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Updated: September 08, 2021, 8:03 AM