Archive for 2022

New Namibian Oil Discoveries

Via News24, an article on two new oil discoveries in Namibia: Two oil discoveries offshore of Namibia are likely to bring in an equivalent R53 billion in revenues for the state, a prominent global consultancy group has estimated. In early February, Shell and its partners announced they had made a significant oil discovery at its […]

Read more »



Morocco Plans To Set Up EV Battery Gigafactory

Via Asharq Al-Awsat, a report on Morocco’s plans to establish an EV battery gigafactory: Morocco is negotiating with electric vehicle battery manufacturers to set up a plant in the country to mesh with its existing automotive sector and cobalt output. “We hope to sign a deal for the plant before the end of this year,” […]

Read more »



From the Ruins of War, A Tourist Resort Emerges In Azerbaijan

Courtesy of Foreign Policy, an article on Baku’s efforts to turn Shusha, a fabled fortress town that was key to last year’s war between Azerbaijan and Armenia into a resort: Above a valley carpeted with dense pine forest, the rocky cliff that leads to the town of Shusha is riddled with scars left by the […]

Read more »



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 […]

Read more »



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 […]

Read more »



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 […]

Read more »


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.