Archive for May, 2023

US Reviews $250 Million Investment in Congo-Angola Rail Link

Via Bloomberg, a report that the US Development Finance Corp. is conducting due diligence for a potential $250 million financing package for the Lobito Atlantic Railway Corridor, which runs from Ndola in northern Zambia north through the southern Democratic Republic of the Congo and central Angola to the port at Lobito: US International Development Finance […]

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Why Many Indonesians Think Jokowi Fumbled Chinese High-Speed Rail Diplomacy, Even As It Nears Completion

Via China Global South, commentary on why many Indonesians think Jokowi fumbled Chinese high-speed rail diplomacy: The China-backed high-speed train that runs from Jakarta to Bandung, two main cities in Indonesia, is nearing completion, and is slated to begin serving the public in August this year. But after about a decade of planning and construction, […]

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The Railway Route From St. Petersburg To The Shores of The Persian Gulf

Via Modern Diplomacy, an article on the new railway route from St. Petersburg to the shores of the Persian Gulf: The construction of the Astara-Rasht transport corridor indicates the realization of Russia’s historical aspirations, Iranian ‘Akharin Khabar’ writes. The project received not only economic, but also strategic importance. The adviser to the ex-president of the […]

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In Morocco, KFC Confirms Its Appetite For Africa

Via The Africa Report, an article on KFC’s growing presence in Morocco: With 10 new stores announced for 2023, American fast-food chain Kentucky Fried Chicken is on schedule for its expansion efforts throughout Morocco. With a goal of 10 openings and 35 points of sale by the end of the year, Kentucky Fried Chicken (KFC), […]

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North Korea Scrambles For China Trade

Via Nikkei Asia, an article on how – from wigs to seafood – North Korea is scrambling for Chinese trade: North Korea’s trade with China has recovered to 90% of pre-pandemic levels this year by staying under the radar of United Nations sanctions, as a walk through this border city shows. A Chinese man in […]

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Zimbabwe’s First Oil-Gas Well Signals New Era For Foreign Investment

Courtesy of The Africa Report, a look at how successful drilling for oil, gas and helium in northeast Zimbabwe shows that the country is open for business: The company said in May that light oil, gas condensate, and helium were confirmed at Mukuyu-1, which forms part of the 80% owned Cabora Bassa project in northeastern […]

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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.