Citi Says Deals From Gulf Into Africa Are Keeping Bankers Busy
December 6th, 2024
Via Bloomberg, a look at the Middle East’s growing interest in Africa: Investors are seeking deals for food security in Kenya African countries must reduce dependence on dollars for debt Rich investors from the Middle East are scouring Africa for deals in agricultural projects, critical minerals and renewable power, according to Citigroup Inc. They’re looking at […]
Read more »Pacific Islands Split On Deep-Sea Mining As First License Application Nears
December 6th, 2024
Via Nikkei Asia, a report on Nauru’s deep-sea mining project which targets vast seabed mineral reserves: More than 4 kilometers beneath the surface of the north Pacific Ocean lies what the tiny island of Nauru sees as a vast treasure chest — a seabed studded with minerals that could pioneer an economic transformation for remote […]
Read more »A Trumpian Policy for Africa
December 6th, 2024
Courtesy of Foreign Affairs, commentary on shat the continent stands to gain from a transactional White House: When he returns to the White House, Donald Trump, the U.S. president-elect, will take over an Africa policy riddled with contradictions. Since 2022, President Joe Biden has sought to improve ties between the United States and sub-Saharan African […]
Read more »How a Country’s Economy Was Siphoned Dry
December 5th, 2024
Courtesy of the New York Times, a look at how Bangladesh’s currency was battered by what the new head of the central bank says was the looting of the banks under the deposed prime minister: The new governor of Bangladesh’s central bank, Ahsan Mansur, calculates that about $17 billion was siphoned from the country’s financial […]
Read more »Mapping Afghanistan’s Untapped Natural Resources
December 5th, 2024
Via Al Jazeera, a report on Afghanistan’s untapped natural resources: Deep beneath the ground in one of the world’s poorest countries sits at least $1 trillion of untapped mineral resources, according to a report published by Afghanistan’s Ministry of Mines and Petroleum [PDF]. The South Asian country of 38 million people is estimated to hold […]
Read more »Apple To Offer Indonesia $1B in Investment
December 3rd, 2024
Via Nikkei Asia, a report that Apple plans to offer Indonesia $1bn in investment to end the country’s iPhone 16 sales ban: Indonesian Minister of Investment Rosan Roeslani has said tech giant Apple has expressed an intention to invest $1 billion in the country, 10 times the amount it offered last month, in a bid […]
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.