Somalia Rebuffs Ethiopia’s Bid to Gain Direct Access to Red Sea Port
October 20th, 2023
Via Bloomberg, an article on Ethiopia’s recent call to gain direct access to the Red Sea: Ethiopia has called for talks with neighbors on harbor access Somalia to retain control of strategic assets, minister says Somalia rejected an appeal from Ethiopia to enter into negotiations with a view to granting it access to a Red […]
Read more »Ghana Greenlights First Lithium Mine with Eye on EV Boom
October 20th, 2023
Courtesy of Reuters, a report on Ghana’s approval of its first lithium mine: Ghana’s government has approved its first lithium mine run by a subsidiary of Australia-based Atlantic Lithium Limited (A11.AX), the West African country said on Thursday, part of its drive to benefit from a global move towards electric vehicles. The Ministry of Lands […]
Read more »Mining Will Revive Malawi’s Economy says Minister
October 20th, 2023
Via WhyAfrica, a report on Malawi’s economy: It is a humid spring morning in August when I walk into the office of Minister Chang’anamuno on the third floor of Government Building in Lilongwe, the capital city of Malawi. Outside, more and more vehicles join the snaking queue of drivers eagerly awaiting the arrival of fuel at […]
Read more »Views From the Ground: India
October 19th, 2023
Via GlobalX by Mirae Investments, commentary on India’s investment potential: We continue to see India as the best structural growth opportunity in emerging markets (EM), if not the world. Our recent due diligence trip to Mumbai consisted of over 40 meetings with management teams, local investors, political experts, sector consultants, and economists. We worked closely […]
Read more »China National Chem to Build Angola’s $6 Billion Lobito Refinery
October 19th, 2023
Via Bloomberg, a report that China National Chemical Engineering will build Angola’s $6 Billion Lobito refinery: Angola will sign a contract with China National Chemical Engineering Co. on Friday to build the long-delayed $6 billion plant in Lobito. “The processing capacities of the Lobito refinery remain at 200,000 barrels per day and the estimated cost of the […]
Read more »China’s Belt and Road Initiative and the Taliban’s Economic Dreams
October 18th, 2023
Via The Diplomat, commentary on how the specter of insecurity in Afghanistan has been replaced by a lack of governance and widespread incompetence. Investors from China or any other country can be expected to be deeply wary; On October 17 and 18, leaders, delegations and representatives from more than 130 countries gathered in Beijing 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.