Archive for July, 2023

How Campaign Promises Crashed Ghana’s Economy

Courtesy of Foreign Policy, a look at how Ghana’s economic troubles long preceded the COVID-19 pandemic, thanks to its politicians’ penchant for overspending: Ghana’s economic descent has surprised many. The West African nation had long been held up as a model for economic growth and political stability. And while the incumbent government has blamed the […]

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Egypt Raises $1.9 Billion From Sale of State-Owned Companies

Via Al Monitor, a report on Egypt’s progress in selling state-owned entities in response to its economic crisis. Gulf states have hinted that they may not support Egypt as much as they have in the past: Egypt has signed $1.9 billion in deals to sell state-owned companies, the government announced on Tuesday as it continues to navigate […]

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Wagner Group’s Central African Financial Model

Courtesy of The Africa Report, an investigation into how Wagner – from gold to coffee, wood to spirits – has made the Central African Republic and Cameroon the backbone of a network of companies whose profits are worth millions of euros: Yevgeny Prigozhin’s mercenaries are notably exploiting the Ndassima mine in the Central African Republic, […]

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DHL Invests In Latin America As Clients Expand Supply Chains Beyond China

Courtesy of The Financial Times, an article on DHL’s efforts to build new warehouses across alternative manufacturing hubs including Mexico, Malaysia and Vietnam: Deutsche Post DHL is investing €500mn in its Latin American business as it seeks to capitalise on growing demand to expand supply chains beyond China. The logistics group is building out new […]

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Power Play? A Troubled New Power Plant Leaves Jordan in Debt to China

Via AP News, an article on a troubled new power plant which has left Jordan in debt to China, raising concerns over Beijing’s influence: Jordan’s Attarat power plant was envisioned as a landmark project promising to provide the desert kingdom with a major source of energy while solidifying its relations with China. But weeks after […]

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In Afghanistan’s Taxi Industry, the Taliban Show How They Govern

Via New Lines Magazine, a report on the Afghan taxi industry and how new uniform cab colors aim at demonstrating the regime’s abilities: On May 20, days after the Kabul General Directorate of Traffic Police and the Ministry of Interior announced a color change for taxis in the city, I was sitting in a dark-colored […]

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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.