Why American, European Companies Need to Invest in Africa’s Mining Sector
February 10th, 2024
Via The Premium Times, an interview with US Institute of Peace expert, Tom Sheehy, sheds light on mining challenges and opportunities in Africa: In the shadows of the African mining sector, a complex web of great power competition, security concerns, and conflicting interests unfolds. Amidst this backdrop, the fate of critical minerals hangs in the balance, […]
Read more »Unprecedented Plan To Use Russia’s Frozen Assets To Rebuild Ukraine
February 10th, 2024
Via Axios, an article on an unprecedented plan for Russia’s frozen assets to rebuild Ukraine: Belgium’s government is shopping around an avant-garde solution to Ukraine’s money problems, now that further direct aid to the country seems all but dead in the U.S. Congress. Why it matters: The war has dragged on — this month marks two years. Ideas that […]
Read more »India’s ONGC Videsh to Get Some Oil from Venezuela In Lieu of $600M Dividend
February 10th, 2024
Via Reuters, an article on a growing petroleum connection between India and Venezuela: Venezuela has agreed to give some oil to India’s ONGC Videsh to help it recoup its pending $600 million dividend for a stake in a project in the South American nation, India’s oil secretary said on Wednesday. Indian refiners have resumed purchase […]
Read more »Zambian President Calls US-Backed Rail Once-in-Lifetime Break for Nation
February 9th, 2024
Courtesy of Bloomberg, an article on the Lobito Corridor: Lobito corridor project will connect Zambia to Angola port Line will compete with another one that China is investing in Zambian President Hakainde Hichilema said a US-backed project to connect Zambia’s copper mines to an Angolan port offers the nation a “once-in-a-lifetime” opportunity. The project will link mining […]
Read more »In Ethiopia, Chinese Bitcoin Miners Find a Xanadu
February 9th, 2024
Courtesy of Bloomberg, an article on how cheap power and friendly relations with China have made the Horn of Africa country a top pick for Chinese Bitcoin miners: Last spring, cargo containers began appearing near electricity substations connected to the recently built Grand Ethiopian Renaissance Dam, Africa’s largest. Inside were stacks of powerful, energy-guzzling computers. It […]
Read more »China’s Economic Slowdown Is a Wakeup Call for Latin America
February 9th, 2024
Via World Politics Review, a report on the impact that China’s economic slowdown may have upon Latin America: Over the past two decades, as China’s breakneck economic growth turned it into the engine of the global economy, Beijing became an increasingly powerful player in Latin America. It displaced the United States, long the top trading […]
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.