Archive for 2024

China’s Renewed Ambitions in Cabo Verde, the Frontier Between Africa and the EU

Via The Diplomat, an article on China’s new push in the island nation, focused on energy and digital development: After the Forum on China-Africa Cooperation (FOCAC) summit in Beijing last week, China has announced a $28 million donation to Cabo Verde, the African island country 570 kilometers (350 mi) off the western coast of the African […]

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Egypt Bagged, AngloGold Ashanti Sets Its Sights On Côte d’Ivoire

Via The Africa Report, a look at AngloGold Ashanti’s ambitions in Côte d’Ivoire: South Africa’s AngloGold Ashanti is preparing to gain a foothold in Egypt and Côte d’Ivoire after signing a $2.5bn deal with Centamin. Consolidation in the global gold mining sector continues apace. After Randgold’s acquisition of Barrick Gold in 2019, Endeavour Mining’s acquisition of Semafo and Teranga Gold between […]

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Eswatini: Chinese Roots Deepen In Africa’s Last Taiwan Holdout

Courtesy of Semafor, an article on China’s growing efforts to woo, Eswatini, Taiwan’s last African ally: China is building up its business and economic interests in Eswatini in a sign that Taiwan’s last African ally is gradually pivoting towards Beijing. The southern African country was the only one of Africa’s 54 countries that declined to […]

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Moldova’s Gas Futures

Via the Center for Strategic and International Studies, a report on Moldova’s gas future: Until 2022, Moldova received all its gas from Russia and the vast majority of its electricity from a power plant in Moldova’s breakaway Transnistria region, which is still entirely supplied by Russian gas. This arrangement gave Russia an annual opportunity to seek Moldovan concessions or […]

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Why Ace Hardware Is ‘Leaving’ Indonesia

Via The Diplomat, a report on the strength of Indonesia’s retail market, which is not as weak as Ace Hardware’s recent move might suggest: It was recently announced that Ace Hardware, the American-based international retail chain, is set to exit the Indonesian market at the end of 2024. As noted by Indonesian news outlet Tempo, this […]

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China’s African Bet and Vice Versa: A Positive-Sum Game?

Via The Diplomat, commentary on how – despite criticism and skepticism – China seems to be Africa’s last hope, if not its best bet: The Forum on China-Africa Cooperation (FOCAC) summit was held in Beijing from September 4 to 6. During the summit, Chinese President Xi Jinping told delegates from more than 50 African states that Beijing was ready […]

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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.