How Mobile Money Is Bringing Electricity to the World’s Poorest
July 7th, 2023
Courtesy of Bloomberg, an article on how startup Altech has expanded sixfold in two years with pay-as-you-go solar installations in the Congo: As a teenager, Washikala Malango’s family fled a brutal civil war in the Democratic Republic of Congo, walking for hundreds of miles and crossing Africa’s second-biggest lake in a creaky wooden boat before […]
Read more »Trafigura-Led Group to Invest $555 Million in Angola Railway
July 7th, 2023
Courtesy of Bloomberg, a look at plans by a group of investors led by commodity trader Trafigura to invest as much as $555 million in a railway project that will link the Angolan port of Lobito to neighboring Democratic Republic of Congo. The consortium, known as Lobito Atlantic Railways, will spend $455 million on the […]
Read more »DR Congo Sounds Alarm About Cobalt Prospects
June 28th, 2023
Courtesy of The Financial Times, a report on recent statements from the DRC’s state mining group about cobalt market dominance and dynamics: The new head of Gécamines, the Democratic Republic of Congo’s state mining company, said the country had missed the opportunity to leverage its dominance in the cobalt market and attract investment off the […]
Read more »New Data Centers Supercharging Cloud Computing In Smaller African Countries
June 24th, 2023
Courtesy of Semafor, a look at how developers are ramping up the construction of data centers in African nations outside of the continent’s biggest economies such as Uganda, Ethiopia, the Democratic Republic of Congo, Mozambique, Angola, Cote D’Ivoire and Tanzania: A new generation of data centers are being built in Africa’s smaller economies, fueling a […]
Read more »Billionaire Forrest ‘Can’t Wait Forever’ for $80 Billion Congo Hydro Deal
June 20th, 2023
Via Bloomberg, a report on the planned Grand Inga hydro dam in the DRC which would be about twice as big as Three Gorges Dam and Africa’s biggest investment project yet: Australian mining billionaire Andrew Forrest warned he “can’t wait forever” to seal a deal with the Democratic Republic of Congo for a hydropower and […]
Read more »DRC and Angola Finalize Oil Deal With Chevron
June 10th, 2023
Courtesy of Reuters, an article on a recent agreement between The Democratic Republic of the Congo and its southern neighbor Angola to split up an offshore oil block that they have been fighting over for 50 years. Under the proposed agreement, DRC and Angola would each take 30% of the block, and the US company […]
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.