Egypt To Sell State Stakes In 32 Firms Over Next Year
February 11th, 2023
Via Reuters, a report on Egypt’s plan to sell stakes in a number of state enterprises in the next year: Egypt plans to sell stakes in at least 32 companies by the end of March 2024, Prime Minister Moustafa Madbouly said on Wednesday, dusting off plans that have largely lain dormant for years as the […]
Read more »BRICS Reaching Out To PEAKS: The Next Wave Of Expansion
February 11th, 2023
Via Modern Diplomacy, an article on the potential next wave of expansion for the BRICS: Throughout 2022 the theme of BRICS expansion has taken on notable momentum as China’s BRICS+ initiative has engendered increasing aspirations from some of the largest developing economies to join the BRICS grouping. Countries from diverse geographies such as Argentina, Turkey, […]
Read more »Africa’s Latest Unicorn, MNT-Halan, Answers A Very Important Question
February 8th, 2023
Via TechCabal, a look at Africa’s latest unicorn, MNT-Halan: MNT-Halan, an Egyptian startup bundling fintech and e-commerce, has snagged a billion dollars valuation at the back of a $400 million financing. The startup is now Africa’s 8th unicorn, joining a list that includes Nigerian Flutterwave and Senegalese Wave. This announcement hints that Africa is back to […]
Read more »Egypt’s Economic Crisis Is a Golden Opportunity
January 18th, 2023
Via Project Syndicate, commentary on how Egypt’s current economic crisis could be a golden opportunity to reform the economy by rooting out cronyism and reducing the military’s outsize role in the economy: Egypt is on the brink of a financial and economic abyss. The portfolio inflows that fueled its sovereign debt market have dried up, repeated […]
Read more »Why China and Egypt Are Growing Closer
January 18th, 2023
Via Foreign Policy, an article on how – as the Egyptian economy falters – Sisi is turning to the Chinese government for support: On Sunday, China’s new foreign minister, Qin Gang, ended his five-nation African tour in Egypt, where he held separate meetings with Egyptian President Abdel Fattah al-Sisi and Arab League Secretary-General Ahmed Aboul-Gheit. […]
Read more »Egypt’s Economic Turmoil Squeezes Struggling Middle Class
January 17th, 2023
Via Al Monitor, a report on the severe economic crisis in Egypt: With Egypt’s economy in crisis, the currency in freefall and inflation skyrocketing, the poor have been hit hard but the middle class is also teetering on the brink. “It’s like we were hit by an earthquake, suddenly you have to let go 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.