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The country has lost its focus and can no longer be considered the continent's superpower, says Mr O'Neill, who now heads Goldman Sachs Asset Management.
ECONOMIST: South Africa��s business pre-eminence is being challenged
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It is now recognised that most of the ice being lost from Antarctica is going as a result of warm water eating the fringes of the continent.
BBC: Antarctic ice volume measured
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"In a continent in which most of the memory of peoples is transferred orally through storytelling and can be lost, the people in Timbuktu had a written tradition that is quite rare in Africa, " he said.
CNN: , for