Egypt To Drill 35 Gas Wells by 2025 as BP Pledges To Invest $3.5B
August 29th, 2023
Via Al Monitor, a report that BP has energy pledged $3.5 billion in investment into gas exploration in Egypt over the next three years: Egypt plans to invest $1.5 billion into drilling 35 natural gas wells by 2025, the cabinet said in a statement on Tuesday, citing Petroleum Minister Tarek El-Molla. The news comes hours […]
Read more »Nollywood
August 28th, 2023
Via Semafor, a look at Nollywood’s evolution and growth: Nollywood, the movie production and distribution system that started out in Nigeria in the 1990s, used to be known for its physical formats — VHS tapes, then video CDs — which fans bought at local street markets and shared with friends and family. But over the last […]
Read more »Nigeria: Not Another BRICS In The Wall
August 28th, 2023
Courtesy of The Africa Report, commentary on why – while Egypt and Ethiopia were welcomed into the exclusive club of nations destined to dominate the world economy by 2050 – Nigeria was left out: Cyril Matemola Ramaphosa, the president of the Republic of South Africa and host of the 2023 BRICS summit, announced on Thursday […]
Read more »Malaysia’s (Mostly) Empty $100B City Rising From The Sea
August 28th, 2023
Courtesy of Bloomberg, a report on Malaysia’s controversial Forest City which now faces questions over the financial health of its developer, the Chinese giant Country Garden: To get to the strange city just off the coast of southern Malaysia, a visitor drives a road slithering through palm tree plantations and suburban sprawl. Eventually it becomes […]
Read more »Will BRICS Throw A Lifeline To Dollar-Strapped Egypt?
August 28th, 2023
Via Al Monitor, a report that some economists believe BRICS membership will give Egypt a chance to ease pressure on the dollar, but is not a quick remedy for the country’s economic woes: Egypt will become a full member of the BRICS club of emerging economies as of January 2024. The group had approved Cairo’s request to […]
Read more »Why Everyone is Talking About Indonesia’s Economy — and Why You Should Too
August 27th, 2023
Via Medium, commentary on Indonesia’s economic potential: Developed Economies Become So Advanced, They Can’t Even Grow Anymore In a shocking revelation from the world of economics, it turns out developed economies have become so wonderfully sophisticated and mature, they’ve basically maxed out the game of capitalism. That’s right. Western countries are now the equivalent of […]
Read more »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.