Archive for June, 2024

Uganda Doubles Oil-Industry Budget as Start of Production Nears

Via Bloomberg, an article on Uganda’s decision to increase its oil industry budget: Uganda more than doubled its annual budget for the oil and gas industry as it moves closer to the start of production, targeted for the next financial year. The government allocated 920.9 billion shillings ($246 million) to the sector for the year […]

Read more »



Africa Policy In Trump’s Second Term

Via Foreign Policy In Focus, commentary on what American policy towards Africa could look like if President Trump wins a second term: The election of the next president of the United States will be held this November. If he wins another term, Joe Biden’s policy on Africa is predictable because he has followed a consistent policy and […]

Read more »



Qatar Airways To Take Control Of RwandAir

Prior to the pandemic Qatar Airways was looking at taking a 49% stake in RwandAir after already having invested in and taken control of the Kigali airport. The plan was to improve RwandAir’s systems and quality, and bring them into oneworld although it was not clear at the time whether the airline would become a full or ‘connect’ […]

Read more »



China’s Dependency On Potash Imports Could Give Tiny Laos Rare Leverage

Via Eurasia Review, commentary that China’s dependency on potash imports could give Laos rare leverage: Let’s start with the good news – potentially great news, in fact – for Southeast Asia: Laos could be sitting on 10 billion tons of potash, one of the three main fertilizers used in global agriculture.  In 2022, a subsidiary […]

Read more »



China Eyes Sea of Japan Access via Russia-North Korea Border River

Via Nikkei Asia, a report on a proposal that China could access the Sea of Japan via a Russia-North Korea border river: China, Russia and North Korea are expected to start discussions soon about allowing ships to navigate a border river into the Sea of Japan, which could have major security implications for Tokyo. The […]

Read more »



Wait, What? France Controls Currencies of 14 African Nations?

Via Africa In Brief, a graphical look at continued French influence on African economies: Fiscal Legacy of France – Pegged to the euro, the CFA Franc, created by France in 1945 to stabilize its African colonies’ economies, remains in use in 14 countries in West and Central Africa. Despite its benefits of economic stability, low inflation […]

Read more »


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.