Glencore Arranges $1bn Oil Loan For Chad
June 16th, 2014
Courtesy of the Financial Times, a report on Glencore’s interest and involvement in Chad: Glencore has organised a plus-$1bn loan backed by crude oil to allow Chad to buy the assets of Chevron in the country, the latest sign of the commodities house’s interest in the central African nation. The pre-export finance deal enabled the […]
Read more »In Emerging Markets, What Scares Most Investors Entices Others
June 14th, 2014
Courtesy of the New York Times, a look at Justin M. Leverenz, who runs America’s largest emerging markets mutual fund: Jodi Hilton for The New York TimesJustin M. Leverenz in Istanbul. Since 2009, the assets in his emerging market fund have soared to $41 billion. The day has been long for Justin M. Leverenz, who […]
Read more »Boom To Bust: Kabul’s Economic Bubble Bursts
June 14th, 2014
Via The Wall Street Journal, a look at the struggles of the Afghan economy in light of the international troop drawdown: One of few employees left works in the factory building where a company once churned out home décor items for foreigners living in Kabul. Afghans voting in Saturday’s presidential election have more than a […]
Read more »Uzbekistan To Launch A New Smartphone Company
June 10th, 2014
Courtesy of Eurasia Review, an interesting article on a new Uzbek company: Uzbekistan, the only Central Asian country making smartphones, should reap economic benefits from the growing mobile technology industry, industry watchers said. Olive Telecom is planning to release its first batch of smartphones this July, becoming the third smartphone manufacturer in Uzbekistan, behind Artel […]
Read more »Africa: “The Big Prize” For Abraaj Private Equity Group
June 9th, 2014
Courtesy of the Financial Times, an interesting article on one private equity group’s views on Africa: After a deal-making spree in Africa in 2013 that included investments in Ghana, Cote d’Ivoire and Kenya, private equity group Abraaj is on track for an equally active 2014. Abraaj, which has $7.5bn in assets under management and is […]
Read more »Angola
June 5th, 2014
Courtesy of the Financial Times, a detailed look at Angola: At night, when the darkness masks the scars left by Angola’s brutal 27-year civil war, the Ilha de Luanda resembles a down-at-heel corner of Ipanema. Like the neighbourhood in Rio de Janeiro, the locals speak Portuguese in the bars and restaurants dotted along its narrow […]
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.