Chris Guillebeau, 35, is the author of The Art of Non-Conformity and The $100 Startup. He in on a five-year mission to visit every country in the world and this is his third-from-last stop.
It was the last country on the most challenging continent. For the past decade I had travelled throughout Africa, making it to every country in the south, the north, the east, and even the Sahara.
I had more than my share of experiences in bush taxis and dangerous ferries. Yet Guinea Bissau, a tiny country in West Africa, had always eluded me.
Part of the problem was logistical. By all accounts a visa was required to enter Guinea Bissau, but there was no embassy in any accessible city - not in Washington, not in Ottawa and not in London. How can travellers get a required visa when there is no way to apply?
I found the answer in a small office on the east side of Manhattan. A few blocks from Grand Central Station, a tired building serves as a hub for dozens of countries that maintain a diplomatic presence at the United Nations. There wasn't an embassy, in other words, but presumably someone who worked for the Guinea Bissau government might be able to help.
After numerous enquiries, I found the right building. Then, after further enquiries and a long wait, I hit the jackpot. The handover of US$100 (Dh367) in cash (no receipt provided) and a passport photo produced the necessary approval from a young man on assignment from Guinea Bissau, along with an invitation to visit a Brooklyn nightclub where the young man moonlighted as a DJ.
Success! I finally had what I needed. I went to London, I went to Madrid, and after two days of travel, I went to Dakar for the final flight. Landing in the capital of Bissau at long last, I checked into a small hotel and began a three-day stay.
Now it was time to ponder my experience in the final African country - but where to begin? Years ago, I had roamed the region in a fleet of Land Rovers, transporting medical shipments while volunteering for an international charity. Now it was different; I was a tourist in a land of no tourism. Asking around for sightseeing recommendations at the hotel produced a shrug. I went to the market, but it was uninspiring.
Then I remembered the port! I could go to the port.
A decade earlier I arrived by ship in Sierra Leone, my first African country. This experience served as my introduction to Africa, a continent I grew to love, as well as a catalyst for many years of travel.
I hadn't been back to Sierra Leone since those early days, but now I was practically next door in Bissau. Walking down to the port, I saw a bustle of activity. Merchant ships were unloading. A tanker was heading back out to sea. The usual flotilla of shipwrecks dotted the coastline.
There was no hospital ship waiting to welcome me back on board, but I had made it "home" to West Africa nonetheless. I sat on the pier and watched the fishermen bring in their catch. Only two countries remained.
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Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
Zidane's managerial achievements
La Liga: 2016/17
Spanish Super Cup: 2017
Uefa Champions League: 2015/16, 2016/17, 2017/18
Uefa Super Cup: 2016, 2017
Fifa Club World Cup: 2016, 2017
Most sought after workplace benefits in the UAE
- Flexible work arrangements
- Pension support
- Mental well-being assistance
- Insurance coverage for optical, dental, alternative medicine, cancer screening
- Financial well-being incentives
What's in the deal?
Agreement aims to boost trade by £25.5bn a year in the long run, compared with a total of £42.6bn in 2024
India will slash levies on medical devices, machinery, cosmetics, soft drinks and lamb.
India will also cut automotive tariffs to 10% under a quota from over 100% currently.
Indian employees in the UK will receive three years exemption from social security payments
India expects 99% of exports to benefit from zero duty, raising opportunities for textiles, marine products, footwear and jewellery
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.”
Poacher
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