Angola: Ready To Switch Allegiance From Russia To U.S.
June 1st, 2023
Courtesy of The Africa Report, a report on Angola’s stated tendency to ditch Russia for US as Lourenço eyes third term: From arms sales to green energy to direct flights, Luanda is forging ahead with ever-deepening ties with Washington even as other countries in southern Africa look to preserve their Cold War-era ties to Moscow […]
Read more »US Reviews $250 Million Investment in Congo-Angola Rail Link
May 27th, 2023
Via Bloomberg, a report that the US Development Finance Corp. is conducting due diligence for a potential $250 million financing package for the Lobito Atlantic Railway Corridor, which runs from Ndola in northern Zambia north through the southern Democratic Republic of the Congo and central Angola to the port at Lobito: US International Development Finance […]
Read more »As Oil Giants Retreat Globally, Smaller Players Rush In
May 23rd, 2023
Courtesy of The Wall Street Journal, a look at how as Big Oil retreats globally, smaller players are filling the gap: Under pressure from shareholders and activists, major energy companies are retreating from higher-polluting and riskier projects around the world. A bunch of smaller companies are rushing in to fill the void. In Nigeria, smaller […]
Read more »Kilamba Kiaxi, Angola’s Giant City Of The Future
April 30th, 2023
Courtesy of The Africa Report, an article on Kilamba Kiaxi, Angola’s giant city of the future: A flagship project of Angola’s former president José Eduardo dos Santos era, the ‘new city’, located on the outskirts of the capital Luanda, has not lived up to all its promises. However, projects of this type are multiplying, encouraged […]
Read more »Angola’s Mining Sector: From Rough Diamond To Polished Gem?
February 25th, 2023
Via AfricaPractice, a look at Angola’s mining potential: International investment in Angola’s mining sector has historically been limited relative to oil and gas, with capital deterred by accusations of grand corruption under former president José Eduardo dos Santos. However, the election of reformist president João Lourenço in 2017 ushered in major improvements to the business […]
Read more »‘Business As Unusual’: New Era In Ties Between China and Angola
February 21st, 2023
Courtesy of The South China Morning Post, a look at the growing China/Angola relationship: Beijing was a key player in the African country’s reconstruction after decades of civil war But the oil-backed loans that drove that recovery are ebbing as both nations look for other partners When Angolan President João Lourenço met Chinese Foreign Minister Qin Gang […]
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.