Morocco, GOTION High-Tech Sign $6.4B Battery Production Deal
June 10th, 2023
Via Utilities Middle East, a report on Morocco and China’s GOTION High-Tech $6.4 billion battery production deal which also includes the construction of a “Giga Factory” in Rabat, with an annual production capacity of 100 gigawatt-hours: Morocco has signed a memorandum of understanding (MoU) with GOTION High-Tech, a Chinese-European group specialising in electric mobility, to […]
Read more »Egypt and UAE Cooperate To Establish Africa’s Largest Wind Farm
June 10th, 2023
Via Egypt Independent, a report that Egypt and UAE are working together to establish Africa’s largest wind farm: Egypt and the UAE are cooperating to secure land for the biggest wind farm in Africa – and one of the largest globally – at an estimated value of $10 billion. Three UAE companies – Masdar, Hassan […]
Read more »China Edging Out Russia as Sanctions Redraw Kazakhstan Trade
June 10th, 2023
Courtesy of Bloomberg, an article on how China could soon eclipse Russia as Kazakhstan’s biggest trade partner and, by 2030, Kazakh trade with China could surpass such trade with the entire EU. An economic seesaw between China and Russia in Central Asia is moving toward a new equilibrium for Kazakhstan, which expects its eastern neighbor […]
Read more »DRC and Angola Finalize Oil Deal With Chevron
June 10th, 2023
Courtesy of Reuters, an article on a recent agreement between The Democratic Republic of the Congo and its southern neighbor Angola to split up an offshore oil block that they have been fighting over for 50 years. Under the proposed agreement, DRC and Angola would each take 30% of the block, and the US company […]
Read more »Namibia Becomes Oil Drilling Hot-Spot With 13% of Africa’s Rigs
June 10th, 2023
Courtesy of Bloomberg, a look at Namibia’s growing petroleum sector: Namibia’s status as an oil exploration hot-spot was bolstered by the arrival of a third rig, following discoveries last year by TotalEnergies SE and Shell Plc. The Deepsea Mira entered Namibian waters and is preparing to start work for TotalEnergies, according to ship-tracking data compiled […]
Read more »Eritrea: Latest Geostrategic Puzzle Piece and Future Transportation Hub
June 9th, 2023
Via New Eastern Outlook, commentary on the potential for Eritrea to not only become a regional transportation hub at the center of trade between the most distant partners on the planet, but also a geopolitical player as larger nations such as Russia, China, and others angle for influence in Africa: On May 31st, Vladimir Putin […]
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.