Shifting Alliances Put Horn of Africa On Edge
October 28th, 2024
Via Diplomatic Courier, a report on the shifting alliances putting the Horn of Africa on edge: In a significant diplomatic shift in the Horn of Africa, the leaders of Egypt, Somalia, and Eritrea convened in Asmara, the capital of Eritrea, on 10 October 2024. As their discussions centered on forming an alliance that could include […]
Read more »Beijing: Making Inroads in North Africa
October 15th, 2024
Via the Atlantic Council, commentary on China’s growing engagement with North Africa: Talk of China in the Middle East and North Africa (MENA) rarely focuses on the latter, but Beijing has made significant gains in its recent outreach to the Maghreb. This was highlighted in September when the Forum on China-Africa Cooperation (FOCAC) Ministerial Conference […]
Read more »Why Is Saudi Arabia Investing $5bn In Egypt?
September 25th, 2024
Via The Africa Report, an article on Saudi Arabia’s growing influence in Egypt through its Public Investment Fund, which is driven by both economic and geopolitical motivations: Egypt’s announcement last week that it is set to receive $5bn in funding from Saudi Arabia’s Public Investment Fund (PIF) to “boost bilateral relations” was light on detail, […]
Read more »Saudi Arabia Is Betting Big On Egypt
September 18th, 2024
Via Semafor, a report on Saudi Arabia’s growing partnership with Egypt: Saudi Arabia pledged to invest $5 billion in Egypt, a vote of confidence in Cairo’s efforts to address its fiscal and investment policies as well as a signal of shifting Gulf attitudes towards plowing cash into flailing regional economies. Saudi Crown Prince Mohammed bin […]
Read more »Egypt Bagged, AngloGold Ashanti Sets Its Sights On Côte d’Ivoire
September 11th, 2024
Via The Africa Report, a look at AngloGold Ashanti’s ambitions in Côte d’Ivoire: South Africa’s AngloGold Ashanti is preparing to gain a foothold in Egypt and Côte d’Ivoire after signing a $2.5bn deal with Centamin. Consolidation in the global gold mining sector continues apace. After Randgold’s acquisition of Barrick Gold in 2019, Endeavour Mining’s acquisition of Semafo and Teranga Gold between […]
Read more »Growing Chinese Investment In Egypt’s Suez Canal Economic Zone
August 31st, 2024
Via Xinhua, a look at the growing Chinese investment partnership with Egypt: Chinese investments have been growing in Egypt’s Suez Canal Economic Zone (SCZone), highlighting a promising future for the trade hub around the vital Suez Canal, chairman of the General Authority of the SCZone Waleid Gamal El-Dein said in a recent interview with Xinhua. […]
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.