China To Invest In Suez Canal Economic Zone
May 30th, 2023
Via Geopolitics in South Asia, a report that Chinese firms are making significant investments into new Suez-based projects: Chinese companies have pledged to invest over US$3 billion in new Suez-based projects. Egypt’s Suez Canal Economic Zone (SCZone) secured the investments from Chinese companies active in chemical, textile and apparel, power, pipes, and iron and steel […]
Read more »Egypt: On Way to BRICS Membership?
May 7th, 2023
Via Modern Diplomacy, commentary on the potential for Egypt to join BRICS: BRICS is a group created in 2009 that includes China, Russia, India, Brazil and South Africa. The BRICS countries represent 42% of the world’s population, 24% of global GDP. They account for 16% of world exports and 15% of world imports of goods […]
Read more »Egypt Struggles To Lure Gulf Buyers In State Asset Sell-Off
April 30th, 2023
Courtesy of The Financial Times, an article on how Cairo’s allies have shifted from handing out traditional support to seeking commercial deals and demanding reforms: Egypt is struggling to sell off state assets in its effort to ease a foreign currency and funding crisis, as Cairo’s traditional Gulf allies toughen their approach to supporting the […]
Read more »Egypt-China Relations Strengthen With $2 Billion Factory Deal
April 11th, 2023
Via Al Monitor, a report on China’s growing investment in Egypt: Egypt’s Suez Canal announced a deal on Thursday with a Chinese company to build a steel and iron factory. The agreement is one of a few Egyptian and Chinese entities have signed recently and demonstrates China’s growing footprint in Egypt. The Suez Canal Economic […]
Read more »Egypt’s Economic Woe Spreads Across All Classes
February 16th, 2023
Courtesy of The Financial Times, an article on Egypt’s growing economic woe, where sixty per cent of population deemed poor or vulnerable as inflation and currency crisis bite: Outside the Cairo bicycle shop where he works as a mechanic, Ahmed bemoaned soaring prices and the absence of customers in Egypt’s crisis-hit economy. “People have stopped buying […]
Read more »Africa’s Share of Global Gas Supply Will Almost Double by 2050
February 14th, 2023
Via Quartz, an report that Africa will be responsible for over 11% of all gas supplies by 2050: Africa’s gas share in the global market will increase to over 11% of all gas supplies by 2050, according to a report by Gas Exporting Countries Forum (GECF), from 6% in 2021. Production is projected to increase from […]
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.