Archive for July, 2022

African Startups Raising Unprecedented Amounts Of Capital

Via The Economist, an article on how African startups are raising unprecedented amounts of capital: When Maurizio Caio, a fund manager with about 20 years of experience in tech, began raising money in 2015 for an African startup fund, investors were hesitant. “They said to pick either Africa or venture capital (vc),” says Mr Caio, who […]

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Ghana’s ‘Success’ Exposes the West’s Toxic Development Model

Via Foreign Policy, a report on Ghana’s economic development: At first glance, an item of business news that crossed my transom one morning this week seemed like a clear economic win from Africa: Ghana, which enjoys a reputation as one of the continent’s most successful nations, had signed a $3.2 billion contract with an international consortium to […]

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Is Pakistan The Next Sri Lanka?

Via The Diplomat, a look at Pakistan’s economic crisis: Hambantota in southern Sri Lanka housed ousted President Gotabaya Rajapaksa following the recent crisis, until he was forced to flee the country entirely. That continues a trend of the city, and especially its strategic deep-sea port, being in the news for all the wrong reasons. In […]

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A Transformative Railway Bazaar

Via The Economist, a look at how a new web of railways could transform the Middle East and Africa: Not since the Hijaz railway between Damascus and the holy city of Medina was ruptured by the British buccaneer-cum-scholar T.E. Lawrence in the first world war has overland travel out of Saudi Arabia’s hinterland seemed so […]

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Despite Global Downturn, Africa’s Digital Allure Remains Strong

Via Rest of World, an article on the allure of Africa’s digital markets: Fears of a global economic downturn are well-founded. Russia’s invasion of Ukraine has pushed energy prices to record highs and disrupted global access to food. This follows the pandemic, which delivered a shock to supply chains, creating challenges for businesses and consumers. With inflation […]

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Kyrgyzstan Heatwave Spells Power Problems For Central Asia

Via Eurasianet, an article on how Kyrgyzstan’s main hydropower reservoir is being depleted rather than filled for the winter ahead: Kyrgyzstan’s state power supplier has warned of possible energy shortages as consumers set a new daily record for power consumption in summer. Central Asia is being gripped by the same heatwave blanketing much of the northern […]

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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.