Saudi Arabia Expands Mining Ambitions in Africa
January 7th, 2024
Via Why Africa, a report on Saudi Arabia’s mining ambitions in Africa: Over the last couple of years, the Kingdom of Saudi Arabia (KSA) has opened the country to foreign companies to apply for prospecting rights, undertake mineral exploration and eventually develop mining operations in the Kingdom. At the same time the country has also started expanding their […]
Read more »Rush for Africa’s ‘Clean Energy’ Minerals Risks Repeating Harmful Extractivist Model
January 5th, 2024
Via Mongabay, commentary on how the rush for ‘clean energy’ minerals in Africa risks repeating harmful extractivist model: The nonprofit Global Witness investigated lithium mining projects in Zimbabwe, the Democratic Republic of Congo, and Namibia, which appear to reproduce the same model of extractivism that has impoverished African countries for centuries. In March, residents of […]
Read more »Carlyle’s Gabon Asset Sale At Risk as Junta Decides to Take Over
January 5th, 2024
Courtesy of BNN Bloomberg, a report on Gabon’s plans to buy an oil company owned by The Carlyle Group: Gabon plans to buy an oil company owned by The Carlyle Group Inc. by taking advantage of its right to increase its stake as an existing shareholder of the firm that pumps crude from the central […]
Read more »Nigeria Unplugs From Dirty Generators in Sudden Solar Gamble
January 5th, 2024
Via Bloomberg, a look at how an abrupt decision in November to end fuel subsidies both jump-started a solar future and made electricity more expensive in Africa’s biggest city: Generators are everywhere in Lagos, used by almost everyone in the Nigerian megacity to counteract crippling power outages. Those living in upscale gated communities or working […]
Read more »The US Re-Engages With Africa
January 5th, 2024
Via Geopolitical Futures, commentary on Washington’s efforts to re-engage with Africa, attempting to regain ground it lost to Beijing and Moscow: After three decades of treating the African continent mostly as an afterthought, the U.S. is adjusting its strategy to curb the growing influence of its biggest rivals. The new approach was detailed in an August […]
Read more »Mining Bitcoin: Powering Africa Villages
January 5th, 2024
Via Unherd, a report on how cryptocurrency can be a liberating force in Africa by bringing electricity to those who need it: Bondo is a scattered cluster of villages in a remote region of Malawi near the border with Mozambique. It sits in the foothills of Mount Mulanje, where residents rely on their feet for […]
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.