Oman Firm Replaces Sanctioned Alrosa in Angolan Diamond Miner
November 30th, 2024
Via Bloomberg, a report that an Omani firm has acquired shares in an Angolan diamond-mining venture: An Omani state-backed fund has acquired shares in Angola’s Catoca diamond-mining joint venture from Russia’s Alrosa PJSC. Maaden International Investment LLC’s stake purchase was announced by Mineral Resources Minister Diamantino Azevedo on Thursday. Alrosa, which held a 41% interest in the Catoca […]
Read more »Africa: Home To Some Of The Fastest Growing Economies in 2025
November 26th, 2024
Via The Economist, a look at Africa where several fast-growing economies show that not everyone is having a lost decade: To walk around Luanda, Angola’s capital, is to tour a graveyard of another era. Half-finished or empty skyscrapers loom over the sun-kissed corniche. Some of the bars along the beach are gaudy monuments to when the […]
Read more »Will Angola’s Big Bet on Biden Backfire?
November 19th, 2024
Via The Africa Report, an article on whether Angola’s bet on the Biden Administration will backfire given the election of President Trump: President João Lourenço placed a multimillion-dollar bet on hiring expensive Washington, D.C. lobbying firms to put his southern African country on the U.S. agenda. Whatever they did worked because, over the past several […]
Read more »Angola: Caught In Tug-of-War Between China, US
November 7th, 2024
Via Deutsche Welle, a report on how – with rich oil and gas reserves, along with a strategic position for natural resource extraction from Africa’s interior – make Angola a focal point for both China and the US: US President Joe Biden was scheduled to visit Angola this week, but the trip was postponed at the last minute due […]
Read more »Angola Banks On Biden Boost To Fuel Growth and Reduce Debt
October 24th, 2024
Via The Africa Report, an article on Angola optimistic views that he US-backed Lobito corridor will attract domestic investors and help fund Angola’s economic transformation: With US President Joe Biden’s upcoming Africa trip shining a spotlight on Angola, the country is taking advantage of this week’s IMF and World Bank meetings in Washington to pitch itself as […]
Read more »Africa: Two Railroads, One Vision
October 10th, 2024
Via the Center for Strategic and International Studies, commentary on the two new African railway projects: There has been a lot of talk lately about trains in southern Africa. Driven in part by the race for critical minerals, the United States and China are seemingly backing rival railroads to secure access to 70 percent of […]
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.