How Venezuela Became One Big Casino
January 14th, 2022
Via The Atlantic, a report on how – in the midst of the country’s economic collapse – casinos, and the dollar, are king again: The monkey entered the casino after midnight. It clung to the arm of a short man with a military haircut. The man stood and watched the action at the roulette tables […]
Read more »Lions On The Move: Progress and Potential of African Economies
January 14th, 2022
Via McKinsey, a link to a detailed report on how Africa’s economic growth is creating substantial new business opportunities that are often overlooked by global companies, where consumer-facing industries, resources, agriculture, and infrastructure together could generate as much as $2.6 trillion in revenue annually by 2020, or $1 trillion more than today: Africa’s collective GDP, […]
Read more »Expected Returns in Emerging Markets, 2022-2028
January 14th, 2022
Via The Emerging Markets Investor, a projection of expected returns in emerging markets for 2022-2028: The past decade in emerging markets has been one of slowing GDP growth, low earnings and poor returns. By and large, today valuations have come down enough from the lofty levels of 10 years ago to make the markets attractive, particularly […]
Read more »Venezuela: Decline Of An Oil Giant
January 14th, 2022
Via Oil & Gas Daily, an article on the deterioration of Venezuela’s petroleum sector: Leaks, rusted pipes, pieces of broken equipment scattered about and staircases leading nowhere: Lake Maracaibo’s oil field is a metaphor for Venezuela’s once-flourishing petroleum industry that is now on its knees. More than a century ago, the Maracaibo basin in northwestern […]
Read more »DP World Begins Construction Of Its Biggest Port In Africa
January 5th, 2022
Via The National, a report on DP World’s plans to develop Senegal’s Ndayane deepwater port with more than $1bn earmarked for investment: Global ports operator DP World has begun construction of Senegal’s Ndayane deepwater port, the Dubai-based company’s biggest port investment in Africa to date and a project that is set to boost the country’s position […]
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.