Archive for May, 2024

India Backs Port Deal with Iran After US Caution

Via BBC, an article on India’s urging of the U.S. not to take a “narrow view” of its port agreement with Iran, a day after Washington warned that countries doing business deals with Tehran risked sanctions: On Monday, India signed a 10-year deal with Iran to develop the strategically important Chabahar port. The US said any country […]

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Uganda Gives Belgian Firm Contract To Develop Bukasa Port

Via The East African, an article on Uganda’s decision to give a Belgian firm the contract to develop Bukasa port: Uganda has awarded a contract to a Belgian firm to reclaim land and dreg the Lake Victoria bed to pave the way for the development of Bukasa port. The Belgian firm Coil and Coppleters NV […]

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Libya: Economic Savior for Ankara and Cairo?

Via The Africa Report, commentary on why Egypt and Turkey’s economic rapprochment needs Libya: After ten years of a consistently tense diplomatic relationship, Cairo and Ankara have buried the hatchet to start afresh. Will this reconciliation be enough to boost their weakening economies?   In the current global political climate, both Egypt and Turkey are suffering economically. To […]

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Chinese Port Power

Via Modern Diplomacy, a report on the role of ports in China’s rise to prominence in the world economy during the last four decades:. China’s rise to prominence in the world economy during the last four decades has been fueled by rapid economic expansion, heightened involvement in international trade, and extensive global investment. This growth […]

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Burst Oil Pipeline Risks South Sudan Violence, Economic Meltdown

Via Bloomberg, an article on the impact that a broken oil pipeline is having upon South Sudan: Pipe ruptured in February causing crude exports to plummet Lack of funds to maintain patronage could spur violence A broken pipeline that exports about two-thirds of South Sudan’s crude production could heighten the risk of renewed fighting in […]

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Rwanda’s Homegrown EV Leader Sets its Sights on Kenya

Via Rest of World, a report on Rwanda’s homegrown EV leader’s aims to replicate its small-market success in East Africa’s largest economy: With a 70% market share, Ampersand is Rwanda’s biggest EV manufacturer. Friendly government policies and partnerships with financing companies have helped the company grow. After Kenya, the company also has plans to expand […]

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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.