Egypt’s Economy: The Downside to Growth
December 5th, 2012
Via Foreign Policy, a look at Egypt’s economic challenges: The Egyptian republic’s economic course has been problematic, to say the least. Gamal Abdul Nasser’s experiment with nationalization, central planning and Soviet-assisted industrialization left the economy hobbled by regulation and inefficiency. Anwar Sadat’s successor regime relaxed the government’s grip, but accumulated a mountain of foreign debt […]
Read more »Libya Announces New National Oil Company
December 5th, 2012
Via Eurasia Review, a report that Libya is planning the separation of its national oil corporation’s exploration and refining arms. As the article notes: Libyan Minister of Oil Abdulbari al-Arusi on Thursday (November 29th) held a meeting with the local council in Benghazi to discuss the management of the region’s oil resources and address political […]
Read more »Investing In Ethiopia: A Frontier Mentality
December 4th, 2012
Via The Economist, an interesting article on a new investment fund targeting Ethiopia: LONG benighted, Ethiopia is attracting attention for a better reason. It has become Africa’s fastest-growing non-energy economy (see chart). Investors have noticed. South Africa’s largest consumer-foods firm, Tiger Brands, expanded into Ethiopia last year with a big acquisition. Diageo and Heineken recently […]
Read more »China In Afghanistan: A Tale Of Two Mines
December 4th, 2012
Courtesy of The Financial Times, a look at China’s activities in Afghanistan: Facing a heavy domestic agenda and growing foreign policy tensions in the seas to the east, it is unlikely that Afghanistan is going to be a major priority for incoming Chinese leader Xi Jinping. Unfortunately, this does not mean the problems are going […]
Read more »India’s African Safari
December 4th, 2012
Via The Diplomat, an interesting look at India’s engagement with Africa: India’s engagement with Africa has grown remarkably over the past decade. Trade with Africa jumped from U.S. $3 billion in 2000 to $52.81 billion in 2010-11 and is expected to exceed $90 billion by 2015. India has emerged as Africa’s fourth largest trade partner, […]
Read more »How Capitalist Are The Cubans?
December 3rd, 2012
Via The New York Times, an interesting article on Cuba: IT was just a small sign, red, round and electrified, advertising homemade pizza — the kind of thing no one would notice in New York or Rome. But in Havana? It was mildly amazing. Cuba, after all, has been dominated for decades by an all-consuming […]
Read more »Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.