Archive for February, 2024

The Ethiopia-Somaliland Port Deal Could Sink Djibouti’s Economy

Via World Politics Review, a look at how the proposed Ethiopia-Somaliland port deal could sink Djibouti’s economy: With a population of just over 1 million people and few tangible resources, Djibouti has long depended on its strategic location alongside the Gulf of Aden and at the entrance to the Red Sea as its main economic asset.   […]

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Has Egypt Sold its ‘Most Beautiful’ Beach Town to the UAE?

Via Middle East Eye, a report that Egypt’s Sisi government is working to finalize a $22bn sale of Ras el-Hikma to the UAE: Reports that investors from the United Arab Emirates will buy the Mediterranean town of Ras el-Hikma in northwestern Egypt have triggered a popular backlash in the country. Pro-government media in Egypt has been buzzing this week […]

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Is Italy’s $6bn Plan for Africa Just PR-Friendly Neocolonialism?

Courtesy of African Arguments, commentary on Italy’s $6bn Mattei plan for Africa, which was drawn up without any input from African leaders and is named after the controversial founder of Italy’s fossil fuels major: It is troubling that many African leaders who skipped the G77+China Summit in Uganda last week flocked to Rome this week to […]

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Its Snow Joke: Inside Saudi Arabia’s $800 Billion Tourism Moonshot

Courtesy of Forbes, an interesting look at Saudi Arabia’s $800 billion tourism moonshot — creating private islands, luxury hotels, theme parks, cruise ports, even a desert ski resort. The question remains: If they build it, who will come? Whatever your preconceived notion of Saudi Arabia as a travel destination is, it’s about to be get […]

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Indonesia’s New Capital Struggles To Convince Investors It Is Here To Stay; Hinges On Election

Courtesy of Nikkei Asia, a report on progress related to Indonesia’s new capital, Nusantara, which is struggling to convince investors it is here to stay: A great chrome and glass building in the shape of a winged bird rises half-built from the jungles of Borneo. Two years ago, this was a sprawling eucalyptus plantation, but in […]

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Russia’s Planned Power of Siberia 2 Gas Pipeline to China Hit by Construction Delay

Courtesy of The Financial Times, a report on Russia’s planned gas pipeline to China hit by construction delay Construction on the Kremlin’s long-planned mega-pipeline connecting Russia’s western gasfields with China is expected to be delayed, the prime minister of Mongolia has warned, in a blow to Moscow’s plans to secure a new market for the […]

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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.