Kenya Revives Plans for $13.8 Billion Railway Line to Ethiopia
August 25th, 2023
Via Bloomberg, a report on Kenya’s reactivation of plan to build a railway line to Ethiopia: Kenya plans to begin construction in 2025 of a $13.8 billion high-speed electric railway from its Indian Ocean port of Lamu to Ethiopia and South Sudan. The 3,000-kilometer (1,864-mile) standard-gauge railway will link the new port to the central […]
Read more »Visualizing the BRICS Expansion in 4 Charts
August 25th, 2023
Courtesy of Visual Capitalist, an interesting visual look at the BRICS expansion: Visualizing the BRICS Expansion in 4 Charts BRICS is an association of five major countries including Brazil, Russia, India, China, and South Africa. Distinguished by their emerging economies, the group has sought to improve diplomatic coordination, reform global financial institutions, and ultimately serve as a counterbalance to Western […]
Read more »Sudan Economist Forecasts ‘70 Per Cent Drop in Revenue’
August 25th, 2023
Via Dabanga Sudan, a report on the drastic negative impact conflict has had upon Sudan’s economy: Financial analyst Abdelazim El Amawi forecasted a 70 per cent drop in Sudan’s economic revenue, owing to the dire economic consequences of the conflict between the Sudanese Armed Forces (SAF) and the paramilitary Rapid Support Forces (RSF), which he […]
Read more »Iraq To Receive Gas from Turkmenistan
August 25th, 2023
Via Al Monitor, a report on a recent agreement between Iraq and Turkmenistan: Turkmenistan agreed on Thursday to export gas to Iraq, a move that could boost the Iraqi energy sector and lessen the country’s dependence on Iran. The Iraqi Oil Ministry’s undersecretary for gas affairs, Ezzat Saber, said Iraq reached a preliminary agreement on importing gas […]
Read more »Turkmenistan: Eurasia’s Transport Hub?
August 24th, 2023
Via Modern Diplomacy, a look at Turkmenistan’s potential as Eurasia’s transportation hub: In May 2023, President Serdar Berdimuhamedov of Turkmenistan has announced the country’s readiness to launch an international transit corridor to Iran, Iraq and Turkey as part of the major East-West international transport corridor (ITC). According to the Turkmen leader, Turkmenistan, with its favorable […]
Read more »China’s Africa Strategy: Shifting from Extraction to Investment
August 24th, 2023
Via The Conversation, a look at how China’s Africa strategy is shifting from extraction to investment – driven from the industry-rich Hunan region: China experienced a massive economic boom in the 1990s and 2000s which increased its demand for resource imports, like oil, from Africa. This led to a model of development finance in which China funded infrastructure […]
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.