Google Builds First Subsea Cable Connecting Africa to Australia
May 26th, 2024
Via Bloomberg, an article on Google’s decision to build the first subsea cable connecting Africa to Australia: US tech giant said the subsea cable will be anchored in Kenya Africa has faced internet outages due to damaged subsea cables Alphabet Inc.’s Google is building out the first undersea fiber optic cable that will directly connect Africa with […]
Read more »UAE Invests In Mozambique’s Natural Gas
May 26th, 2024
Via Al Monitor, a report on UAE’s ADNOC’s plans to invest in Mozambique’s natural gas in its first African foray: Abu Dhabi National Oil Company has made its first foray into Mozambique after acquiring a 10% stake in Galp’s Area 4 natural gas concession in the southern African country’s Rovuma basin, the state-run UAE energy […]
Read more »Somaliland President: Contentious Ethiopia Port Deal Can Deter Red Sea Assaults
May 26th, 2024
Courtesy of The Financial Times, an article on the contentious deal that Somaliland has struck with Ethiopia to lease a strip of land near the entrance to the Red Sea: The contentious deal that Somaliland has struck with Ethiopia to lease a strip of land near the entrance to the Red Sea would help “secure […]
Read more »Africa Takes Aim at Avocado Market Expected to Reach $26 Billion by 2030
May 26th, 2024
Via Emerging Real Estate, a report on the global avocado market, which is expected to reach $26.04 billion by 2030, growing at a compound annual growth rate of 7.3%. Africa, already a major producer, is poised to be a key player in this growth. Specific growth projections for Africa’s avocado industry are difficult to make, […]
Read more »UAE Sets the Pace for Gulf Investments in Africa’s Mining Sector
May 26th, 2024
Via African Critical Minerals, a look at how the United Arab Emirates (UAE) has emerged as a major player in Africa’s critical minerals sector, driven by the global shift towards clean energy and the need to diversify its economic portfolio. The UAE has made significant investments in Africa’s mining sector, particularly in copper-rich Zambia and […]
Read more »With Iran Port Deal, India To Expand Central Asia Trade, Counter China
May 26th, 2024
Via Nikkei Asia, an article on India’s efforts to expand Central Asian trade while countering China via its Chabahar Port agreement: India’s signing of a 10-year contract this month to develop and operate the strategic Iranian port of Chabahar — which is seen as a gateway to landlocked Afghanistan and energy-rich Central Asia — could […]
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.