Archive for August, 2024

Capital Markets of the Silk Road: Uzbekistan

Via The Opus, a report on I recently visited Kazakhstan and Uzbekistan as part of the research trips I am conducting for my Imperium work. The Uzbek portion of the trip was organized by a local fund that manages a domestic public equities fund which was set up in 2021 on the back of the reforms Uzbekistan’s president […]

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South Korea’s Railway Ambitions in Central Asia

Via The Diplomat, a report on a recent agreement between South Korea and Tajikistan to start a feasibility study for a rail route that would connect Tajikistan via Afghanistan to routes both east and west: Earlier this month South Korea and Tajikistan signed an agreement to start a feasibility study for the Jaloliddini Balkhi-Jayhun-Nizhny Panj Railway project. […]

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Tanzania To Get New $5 Billion Capital City

Via Newsweek, an article on Tanzania’s planned new capital city: The Government of Tanzania has launched the construction of a new capital city, with a price tag of $5 billion. The city, named Magufuli, would be a new administrative capital for the East African country, located 17 kilometers from the current capital, Dodoma. It would […]

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Iran Proposes Joint Mineral Economic Zone with Afghanistan

Via Tolo News, a report on a proposed joint mineral economic zone between Afghanistan and Iran: The Ministry of Industry and Commerce has announced that a delegation from Iran, during a meeting with the acting minister, proposed an investment in establishing a special joint mineral economic zone between the two countries. According to Akhundzada Abdul […]

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Why Ethiopia Ended Half a Century of Currency Control

Via Bloomberg, a report on why Ethiopia ended half a century of currency control: For the past half-century, Ethiopia tightly controlled the official value of its currency, the birr. That changed in July, when unmanageable debts and dwindling foreign reserves forced the government in Addis Ababa to liberalize the exchange rate regime. The decision, which […]

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The Truth About Turkey’s ‘Pivot’ to China

Via Geopolitical Futures, an article on Turkey’s pivot to China: Turkey is on a diplomatic offensive to justify a foreign policy that some believe is too friendly to too many. On Aug. 11, Turkish Defense Minister Yasar Guler said in an interview that Turkey’s NATO membership does not preclude it from developing relations with the Shanghai Cooperation […]

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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.