Archive for April, 2023

Cuba Announces Surprise Reversal of US Dollar Deposit Ban

Via France24, a report on Cuba’s surprise lifting of its ban on US dollar deposits in banks, reversing a policy which had been in place since June 2021: Cuba’s government on Monday announced a surprise lifting of its ban on US dollar deposits in banks, reversing a policy which had been in place across the […]

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Experts Pour Cold Water On Tunisia BRICS ‘Bid’

Via Al Monitor, a report on Tunisia’s potential bid to join the BRICS block, Analysts are skeptical about an announcement made by supporters of Tunisia’s populist President Kais Saied that the North African country wants to join BRICS, a group of leading emerging economies comprising Brazil, Russia, India, China, and South Africa that is often […]

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Is Senegal’s Akon City An Impossible Dream or Elaborate Fraud?

Via The Africa Report, first part of a detailed look at Senegal’s Akon City which many consider an impossible dream and potential pyramid scheme: In August 2020, Senegalese-American singer Akon laid the foundation stone for a smart city located over 100km south of Dakar, but work has yet to begin. Delays threaten to stop this […]

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How Indonesia Used Chinese Industrial Investments to Turn Nickel into the New Gold

Via The Carnegie Endowment for International Peace, an examination of how China’s Belt and Road Initiative helped build an industrial complex in Indonesia—but contestations at the local and national levels compelled Chinese players to adapt to rapidly shifting Indonesian cross-currents: CHINA LOCAL/GLOBAL China has become a global power, but there is too little debate about […]

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China Eyes Russia’s Far East Resources

Via The Asia Times, an article on China’s interest in Russia’s Far East: China and Russia have agreed to strengthen economic ties after top leaders held high-profile meetings in Moscow, but Chinese investment in Russia’s underdeveloped Far East region is not a done deal. Since mid-2022, Russian Prime Minister Mikhail Mishustin has promoted a proposal […]

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Egypt-China Relations Strengthen With $2 Billion Factory Deal

Via Al Monitor, a report on China’s growing investment in Egypt: Egypt’s Suez Canal announced a deal on Thursday with a Chinese company to build a steel and iron factory. The agreement is one of a few Egyptian and Chinese entities have signed recently and demonstrates China’s growing footprint in Egypt. The Suez Canal Economic […]

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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.