AFRICA: A STORY OF GROWTH

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Africa represents what we like to call "frontier" markets. To provide some perspective, you can think about global markets in three distinct segments. "Developed" markets like the U.S. and Europe sit at the top—they have strong regulation, a lot of liquidity, and broad, diversified industries. "Emerging" markets like China and India are a level down from there in terms of development. And "frontier" markets, like most of Africa and the Middle East, are areas where people haven't really invested before—they're nascent markets that have been very illiquid. Historically, you haven't been able to get much exposure to them, but now they are becoming investable thanks to greater integrity in the general business environment, a number of infrastructural improvements, and greater stability overall thanks to social, economical and political reforms. And because these markets are starting from such a low base, they're growing very quickly.

TIME FOR BLACKS TO STEP UP!

With a Obama being re-elected and the Pope stepping down, it's time for Black folks to reassert their leadership in the world. What we are witnessing is a sea change of mammoth proportions. The African diaspora has to be ready. Egypt ruled the world for thousands years. I think this is the dawning of an African renaissance. More to follow!

BLACK BOXER FIGHTS WORLD CHAMPION IN 1810

http://boxrec.com/media/index.php/Tom_Cribb_vs._Tom_Molineaux_(1st_meeting)

FROM SPARTACUS EDUCATIONAL 

Tom Molineaux was born a slave in Virginia in 1784. Trained by his father, Zachary Molineaux, he boxed with other slaves in order to entertain plantation owners. His owner won $100,000 by betting on Molineaux and as a result was granted his freedom and a payment of $500.

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Molineaux moved to New York but after discovering he could make more money fighting in England he decided to get a job as a deckhand on a boat sailing for Liverpool. In his first fight in England took place against Tom Blake on 21st August, 1810. Molineaux won by knocking out Blake in the 8th round.

In December, 1810, Molineaux fought Tom Cribb at Copthorne, near East Grinstead, for the heavyweight championship of England. After 19 rounds Molineaux had Cribb in trouble on the ropes. Cribb's supporters now entered the ring and during the scrimmage Molineaux had one of his fingers broken. Molineaux continued to fight and in the 28th round appeared to knock out Cribb.

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 However, his seconds complained that Molineaux had been hiding lead bullets in his fists. While this accusation was being disproved, Cribb recovered and was able to continue. Molineaux still remained favourite to win but unluckily he slipped and hit his head on one of the ring posts. He fought on but by the 39th round he was unable to defend himself and Cribb was declared the winner.

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