King Toppled? China’s Seat Atop the Rare Earth Mountain May Be Threatened By Offshore Mines
April 22nd, 2024
Via South China Morning Post, an article examining China’s status as the dominant rare earths provider: As more countries find caches of rare earth minerals, China’s status as the world’s top exporter is being challenged The metals are essential raw materials for tech, and demand is growing – but China’s share of the global share […]
Read more »A $150 Billion Fortune Bolsters Qatari Royals at Critical Moment
April 22nd, 2024
Courtesy of Bloomberg, an article on Qatar’s Al Thani family’s fortune which is poised to swell alongside the expansion of the country’s natural gas production, cushioning it from a World Cup hangover: On a promontory jutting into the Persian Gulf, the Sheraton Grand Doha Resort & Convention Hotel is an outlier among the skinny skyscrapers […]
Read more »Africa’s Largest Early-Stage VC Fund Raises $154 Million to Expand Into Egypt
April 22nd, 2024
Via Bloomberg, a report on Africa’s largest early-stage VC fund’s new raise to expand into Egypt: Investors include Allianz, European Investment Bank, Visa TLcom to use fund for Egypt expansion, invest in more startups Africa’s largest early-stage venture capital fund exceeded targets as it raised $154 million from investors including the European Investment Bank, Allianz SE and the Visa […]
Read more »Saudi Arabia Is Making a High-Risk $1 Trillion Bet on Tourism
April 21st, 2024
Courtesy of Bloomberg, a look at Saudi Arabia’s efforts to activate the tourism industry: Mei Wang marveled at the sandstone vistas, lush palm trees, ancient tombs and five-star resorts. These images beckoned to the 30-year-old entrepreneur as she watched Divas Hit the Road, a Chinese travel show. So she set out with her mother, flying […]
Read more »Saudi Arabia Moves Closer to $1 Billion Barrick Pakistan Deal
April 21st, 2024
Courtesy of Bloomberg, a report that Saudi Arabia is moving closer to a large scale mining investment in Pakistan: Manara Minerals said planning to invest in Reko Diq project Saudi Crown Prince and Pakistan Prime Minister met this month Saudi Arabia is moving closer to a potential deal to acquire a minority stake in a […]
Read more »OPEC Eyes Namibia For Possible Membership As Oil Production Looms
April 21st, 2024
Via Africa Business Insider, an article on how the OPEC+ oil producers coalition, having seen departures like Angola in recent times, is considering Namibia for potential membership: The OPEC+ oil producers coalition, having seen departures like Angola in recent times, is considering Namibia for potential membership. TotalEnergies and Shell have found around 2.6 billion barrels of oil, […]
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.