Archive for March, 2022

Mexico’s Biggest Convenience Store Chain Wants To Become A Superbank

Via Rest of World, a report on how Mexico’s biggest convenience store chain wants to become a superbank: Since late November 2021, Mexico’s ubiquitous Oxxo stores have been covered with bright purple signs. “Get your Spin by Oxxo card!” Spin by Oxxo, a ready-to-use Visa debit card and app, is the company’s latest attempt to merge […]

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The Mirage Of Egypt’s New Capital City

Via WorldCrunch, an article on how – in an area the size of Singapore – Egypt is building its new capital under the close control of the military and the head of state.  But will it turn out to be a ghost city? The concrete structure rises to a height of 1,263 feet (385 meters) […]

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Google’s Subsea Cable For Africa Lands In Togo

Via Quartz, a report on Google’s subsea cable for Africa which is making its first landing in Togo: Equiano, Google’s subsea internet cable in Africa, will make its first landing in Togo this month. First announced in 2019, Equiano is Google’s 14th investment in internet subsea cables but the first dedicated to internet access in Africa. It […]

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Tiger Global: Earning Its Stripes In Africa

Via TechCrunch, a report on the New York hedge fund which has invested in nine African startups across ten deals since marking its return in 2021: You can count on one hand the number of funds bigger than Tiger Global. But in terms of influence, speed and number of investments made since 2021, Tiger has led […]

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Germany Should Look to Africa for Gas, Not Russia

Via Foreign Policy, an article on Africa’s potential to provide gas to Germany: With the United States and United Kingdom banning Russian energy exports and the European Union announcing it will reduce Russian gas imports by two-thirds by the end of the year, the West is urgently debating how to replace Russian energy deliveries. The […]

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Africa: A Very Bankable Continent

Via Reuters, a report that the African Development Bank has secured $32.8 billion for projects in Africa: The African Development Bank (AfDB) has secured $32.8 billion in investment commitments for projects in Africa, the bank’s president said at the closing of a meeting with investors on Thursday. The largest deal secured at the three-day Africa Investment […]

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ABOUT
WILDCATS AND BLACK SHEEP
Wildcats & Black Sheep is a personal interest blog dedicated to the identification and evaluation of maverick investment opportunities arising in frontier - and, what some may consider to be, “rogue” or “black sheep” - markets around the world.

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.