Sonangol: National Oil Company And Government Backbone
September 2nd, 2014
Courtesy of STRATFOR (subscription required), an interesting look at Sonangol, Angola’s national oil company: Summary Before Angola’s independence in 1975, Portugal imposed a contentious and hastily thrown together power-sharing deal among Angola’s three main ethnic groups: the Bakongo, Mbundu and Ovimbundu. This pact unraveled quickly after independence as Angola descended into a three-way civil war. […]
Read more »Angola
June 5th, 2014
Courtesy of the Financial Times, a detailed look at Angola: At night, when the darkness masks the scars left by Angola’s brutal 27-year civil war, the Ilha de Luanda resembles a down-at-heel corner of Ipanema. Like the neighbourhood in Rio de Janeiro, the locals speak Portuguese in the bars and restaurants dotted along its narrow […]
Read more »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 »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.