Angola’s Rich Production History Fuels Investor Interest
April 7th, 2024
Via Energy, Capital and Power, commentary on Angola: Angola’s rich history of oil production – dating back to its first commercial discovery in 1955 – has been a cornerstone of the nation’s economic development, with the sector accounting for 75% of the government’s revenue. Now, Angola represents one of the continent’s largest producers and is […]
Read more »Angola Invites Foreign Investors to Seize Oil and Gas Block Opportunities
March 28th, 2024
Via Energy, Capital & Power, a report on Angola’s effort to attract foreign investment in the hydrocarbon sector: Angola’s investment outlook for the next five years is estimated at $60 billion, with the country’s next licensing round – organized under a six-year program launched in 2019 – slated for 2025. The round is expected to […]
Read more »Angola & Nigeria: State-Led Petroleum Sector Development
March 23rd, 2024
Via Phenomenal World, a report on state-led petroleum sector development in Angola and Nigeria: Oil and gas producers in Africa, like developing countries across the globe, face a particular problem in pursuing state-led development. The resource curse, and specifically the phenomenon of “Dutch disease,” in which an exporting industry brings in foreign capital and causes the […]
Read more »The Rise of Sonangol: How Privatization is Strengthening its Competitiveness
March 21st, 2024
Via Energy, Capital & Power, an article on Sonangol’s privatization and drive to strengthen its competitiveness: Angola plans to complete the privatization of the country’s national oil company (NOC) Sonangol by 2026, falling in line with its strategy to modernize the economy and attract private investment. As part of the strategy, the government will make […]
Read more »China’s Haishan Group Unveils Major Aquaculture Project In Angola
March 21st, 2024
Via Seafood Source, a report on a major new Chinese aquaculture project in Angola: On the eve of a visit to China by Angola President João Lourenço, a Chinese conglomerate announced a major investment in an Angolese aquaculture project. Haishan Group, a private Beijing-based construction firm, has announced its involvement in the construction of a 300-hectare […]
Read more »Why Angola’s Latest Visit to China Is Good for the G7
March 20th, 2024
Courtesy of The Diplomat, a report on Angolan President Lourenço’s recent visit to Beijing which took place amid the talk of growing global competition between the United States and China in the Southern African region: Whatever metric you are looking at, when it comes to Africa-China relations, Angola is typically close to (if not at) […]
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.