Archive for February, 2023

The Biggest Source Of Cobalt Outside Africa Is Now Indonesia

Via Bloomberg, a report on Indonesia’s cobalt potential: Indonesia has become the world’s second-largest cobalt producer, bolstering its bid to be a big player in the electric-vehicle supply chain. Production of the battery material in the Southeast Asian country surged past others including Russia and Australia to grab the No. 2 spot last year, according […]

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Egypt To Sell State Stakes In 32 Firms Over Next Year

Via Reuters, a report on Egypt’s plan to sell stakes in a number of state enterprises in the next year: Egypt plans to sell stakes in at least 32 companies by the end of March 2024, Prime Minister Moustafa Madbouly said on Wednesday, dusting off plans that have largely lain dormant for years as the […]

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BRICS Reaching Out To PEAKS: The Next Wave Of Expansion

Via Modern Diplomacy, an article on the potential next wave of expansion for the BRICS: Throughout 2022 the theme of BRICS expansion has taken on notable momentum as China’s BRICS+ initiative has engendered increasing aspirations from some of the largest developing economies to join the BRICS grouping. Countries from diverse geographies such as Argentina, Turkey, […]

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Zambia Seeks Western Financiers for EV Battery Project with DRC

Courtesy of The Africa Report, an article on Zambia’s search for Western financiers for EV battery project with DRC: Zambia says it will seek Western lenders for its plans to partner with the Democratic Republic of Congo (DRC) to jointly start producing electric vehicles batteries and cement a firm position in the global supply chain.  The mineral-rich […]

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US, China Compete for Africa’s Rare Earth Minerals

Via VOA, an article on the growing competition for Africa’s rare earth minerals: South Africa hosted the world’s biggest mining investment conference this week, with industry experts in attendance saying the U.S. and China are in a race for the critical minerals — such as cobalt and lithium — that will likely power the projected […]

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Logistics In Africa: Broken

Via TechSafari, an interesting look at Africa’s logistics sector: It was a brutal week for logistics startups. Gokada (a last-mile delivery company) laid off 54 employees this week, and is on the brink after acquisition talks with Kwik fell through. And Sendy – a Kenyan logistics contender that raised $26 million from Atlantica Ventures and Toyota […]

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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.