When the newly-elected Donald Trump declared last year that he no longer wanted US troops fighting in far-off lands, he might well have had villages like Tongo Tongo in northern Niger in mind.
A shabby, sun-baked hamlet near the border with Mali, it is one of the remotest places in the world, lying in central Africa's Sahel belt south-east of Timbuktu.
Yet in recent months, teams of US special forces have been seen in Tongo Tongo and the surrounding scrubland, mentoring local troops on how to tackle the growing threat from Islamic militants.
Like of many of Pentagon's more obscure missions, the 800-strong US presence in Niger was little-known to most Americans — and quite possibly, Mr Trump himself, who is not famed for his knowledge of the world’s more distant corners.
That was until a week ago last Wednesday, when four Green Berets were killed during what was supposed to be a routine patrol in Tongo Tongo with their Nigerois counterparts.
In what seems to have been a pre-planned ambush, they were attacked by up to 50 militants armed with truck-mounted heavy machine guns as they left a meeting with village elders.
The incident — in what had been deemed a "low risk" area — was the worst loss of US military life on African soil since the Black Hawk Down incident in Somalia in 1993, when 19 US soldiers died.
However, should Mr Trump now demand a review of the US presence there, his commanders on the ground may beg to differ. For just as the West seems to be turning the corner against militants in Syria and Iraq, they are once again on the rise across central Africa.
Security analysts say the threat is at a level not seen since five years ago, when French troops were dispatched to oust Al Qaeda's local franchise, Al Qaeda in the Islamic Maghreb (AQIM), from the "caliphate" it had set up across northern Mali.
Although the militants quickly melted from the overwhelming French firepower, the 5,000 strong French force that remained behind to hunt them down has had its work cut out as their quarry scattered over the region.
In an area five times the size of Syria, not even the presence of three new US drone bases — in Niger, Mali, and neighbouring Burkina Faso — has been enough to pinpoint the terrorists' hideouts.
Meanwhile, a peace deal with the Tuareg tribes of northern Mali — whose rebellion in 2012 was hijacked by AQIM — has faltered, leaving the Mali government weak and the region with no shortage of disgruntled guns for hire.
One theory is that the attack in Tongo Tongo village may have been carried out by the Islamic State in the Greater Sahara, a local ISIL chapter formed last year.
"There's a concern already that ISIS forces may try to regroup here," said Jonathan Dunbar, a senior Africa analyst with Sybilline, a London-based risk consultancy. "Already there is some talk that a few may already have relocated from Sirte in Libya."
But he said an equally likely culprit would the much larger Jamaat Nosrat Al Islam wal Mouslimin — the "Group for the Support of Islam and Muslims" — a new coalition of groups loyal to Al Qaeda, ISIL’s main jihadist rival.
Jamaat Nosrat was launched in March via a sombre video in which five bearded militants read a statement from a laptop. Unlike ISIL’s gore-filled videos, it featured no gore or gunmen. But while it may have looked more like a company merger announcement than a call to arms, those behind it have no shortage of terrorist experience.
As well as veteran AQIM figures and Tuareg Islamists, the coalition includes Al Mourabitoun, the AQIM offshoot whose gunmen stormed a Radisson hotel in Mali in 2015, killing 26. It later carried out similar attacks at hotels in Burkina Faso and a beach resort in the Ivory Coast.
Read more: ISIL and Al Qaeda still pose threats worldwide, UN experts say
Since the Jamaat Nosrat factions joined forces, the region has seen a further upsurge in attacks, both on local forces and the 15,000 strong UN and peacekeeping mission, now considered the most dangerous UN deployment in the world.
The fear is that what seemed like a relatively straightforward intervention five years ago may now become another Iraq or Afghanistan.
"Things may appear worse, particularly in more rural areas, than at any time since the French intervention in 2014," said Roger Macmillan, an ex-British army major now working with Armatus Risks, a UK security company operating in Mali. "But dealing with the root causes and ever-changing security paradigm is hard."
The question now is whether Mr Trump will still want to send troops to get in the way. With the Pentagon already in the process of building a second $100 million base in northern Niger, the commitment seems unavoidable in the short term. But with the deaths in Tongo Tongo showing that even America's elite special forces can be vulnerable, he may wonder if eyes in the sky are better than boots on the ground.
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The 12 Syrian entities delisted by UK
Ministry of Interior
Ministry of Defence
General Intelligence Directorate
Air Force Intelligence Agency
Political Security Directorate
Syrian National Security Bureau
Military Intelligence Directorate
Army Supply Bureau
General Organisation of Radio and TV
Al Watan newspaper
Cham Press TV
Sama TV
The White Lotus: Season three
Creator: Mike White
Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell
Rating: 4.5/5
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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Fuel consumption: 6.1L/100km
Price: from Dh362,500
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Company profile
Name: Infinite8
Based: Dubai
Launch year: 2017
Number of employees: 90
Sector: Online gaming industry
Funding: $1.2m from a UAE angel investor
At a glance
Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.
Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year
Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month
Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30
Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse
Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth
Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances
The schedule
December 5 - 23: Shooting competition, Al Dhafra Shooting Club
December 9 - 24: Handicrafts competition, from 4pm until 10pm, Heritage Souq
December 11 - 20: Dates competition, from 4pm
December 12 - 20: Sour milk competition
December 13: Falcon beauty competition
December 14 and 20: Saluki races
December 15: Arabian horse races, from 4pm
December 16 - 19: Falconry competition
December 18: Camel milk competition, from 7.30 - 9.30 am
December 20 and 21: Sheep beauty competition, from 10am
December 22: The best herd of 30 camels
Countries offering golden visas
UK
Innovator Founder Visa is aimed at those who can demonstrate relevant experience in business and sufficient investment funds to set up and scale up a new business in the UK. It offers permanent residence after three years.
Germany
Investing or establishing a business in Germany offers you a residence permit, which eventually leads to citizenship. The investment must meet an economic need and you have to have lived in Germany for five years to become a citizen.
Italy
The scheme is designed for foreign investors committed to making a significant contribution to the economy. Requires a minimum investment of €250,000 which can rise to €2 million.
Switzerland
Residence Programme offers residence to applicants and their families through economic contributions. The applicant must agree to pay an annual lump sum in tax.
Canada
Start-Up Visa Programme allows foreign entrepreneurs the opportunity to create a business in Canada and apply for permanent residence.
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills