Archive for October, 2022

Megalopolis: How Coastal West Africa Will Shape The Coming Century

Courtesy of The Guardian, a look at how – by the end of the century – Africa will be home to 40% of the world’s population – and nowhere is this breakneck-pace development happening faster than this 600-mile stretch between Abidjan and Lagos: It has long been said that no one knows with any certainty […]

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Nigeria Pins Hopes on Deep Sea Port to End Cargo Congestion

Via Bloomberg, a report on Nigeria’s $1.5 billion Lekki port built by China Harbor Engineering Co. which will be West Africa’s biggest port, cut waiting times offshore: Nigeria is betting a deep sea port set to open early next year will help revive an economy grappling with soaring inflation, stagnating growth and slumping foreign investment. […]

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Upgrade for Belt & Road to BRI 3.0?

Via the Belt and Road blog, commentary on BRI 3.0: In the report of General Secretary Xi Jinping for the 20th National Congress of the Communist Party of China, Belt&Road was only mentioned in passing. Even in the speeches of other top politicians, the former flagship project, with which the government in Beijing has stirred […]

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Two-Cent Venezuela Bonds Lure Traders Hunting Lottery-Like Score

Via Bloomberg, an article on how European and Latin America funds are taking a flyer on Venezuelan debt: It’s one of the most outlandish bets in global credit markets: Buying up defaulted bonds sold by a country under sanctions that leave US investors locked out of the market.  Yet, for traders willing to take on […]

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Namibia Could Become Africa’s Energy Capital

Via Namibian.com, a look at Namibia’s energy potential: Namibia Investment Promotion and Development Board (NIPDB) chief executive officer Nangula Uaandja said Namibia’s ambition is to become the energy capital of Africa. Uaandja said this last week when she spoke at the Invest in Namibia Country Spotlight session organised by the mines ministry, NIPDB and Namcor […]

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Saudi Wealth Fund Plans to Invest $24 Billion in Regional States

Via Bloomberg, a report on Saudi plans to invest in MENA countries: Saudi Arabia’s sovereign wealth fund plans to invest $24 billion in Middle Eastern and North African countries as the oil-rich kingdom seeks to bolster regional economies. The Public Investment Fund plans to set up companies to invest in Bahrain, Oman, Jordan, Iraq and Sudan, according to […]

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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.