Angola’s Rich Potential
October 28th, 2013
Via Ozy, an interesting look at Angola, a nation which could be the richest in Africa…if it could pull itself together: While it only has just over 20 million people, and it registers on the radars of very few foreigners, Angola is so rich in oil, diamonds and gold that if it were managed properly, […]
Read more »Angola: “A Sea Of Opportunities But An Ocean Of Difficulties”
May 20th, 2013
Via Emerging Markets Insights, a look at Angola: I have already discovered this on my first day of touching ground in Luanda. Even though I knew Angola’s capital is famously the most expensive city in the world, prices are even beyond one’s wildest imagination. A pretty average hotel room that already cost 450 USD a […]
Read more »Angola Fund Set To Invest Oil Revenue In Businesses
October 18th, 2012
Courtesy of the New York Times, a report on Angola’s recent decision to create a sovereign wealth fund: Angola’s government announced Wednesday the creation of a sovereign wealth fund that will invest profits from oil sales in businesses in an effort to diversify the country’s economy and spread prosperity beyond the small elite that has […]
Read more »Angola’s Railway Development
August 31st, 2012
Via STRATFOR (subscription required), a report on Angola’s rail strategy for development: Angolan President Jose Eduardo dos Santos inaugurated Aug. 27 the terminus for the Benguela railway line in the coastal city of Lobito. Once rehabilitation of the line is complete, it will link Lobito to the Angolan heartland and should ultimately extend into south-central Africa. One […]
Read more »Angola State Oil Group Plans Production Increase
July 3rd, 2012
Courtesy of The Financial Times, a report that Sonangol, the Angolan state oil group that has amassed assets from Iraq to Cuba, is aiming to raise fivefold its production as an operator. As the article notes: “…Manuel Vicente, whose promotion to minister of state for economic co-ordination in January ended his 12 years at the […]
Read more »China and Oil-backed Loans in Angola
January 1st, 2012
Via China In Africa, an interesting look at China’s oil-backed loans in Angola: The story of China in Angola has been told so often, and almost always those telling the story neglect the larger context of how Chinese banks fit into a pre-existing system whereby Angolans financed so much of their government spending for so […]
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.