Libya: Economic Savior for Ankara and Cairo?
May 19th, 2024
Via The Africa Report, commentary on why Egypt and Turkey’s economic rapprochment needs Libya: After ten years of a consistently tense diplomatic relationship, Cairo and Ankara have buried the hatchet to start afresh. Will this reconciliation be enough to boost their weakening economies? In the current global political climate, both Egypt and Turkey are suffering economically. To […]
Read more »Russia Considering Creating Ports in Tanzania, Senegal, Algeria and Egypt
April 24th, 2024
Via Russia’s TASS News, a report that Russia is considering the possibility of creating ports in Tanzania, Senegal, Algeria and Egypt: Russia is considering the creation of ports to organize the flow of domestic goods with African countries, in particular in Tanzania, Senegal, Algeria and Egypt. Roman Chekushov, director of the department of international cooperation […]
Read more »Can Egypt’s Economic Overhaul Stave Off Crisis?
April 24th, 2024
Via Council on Foreign Relations, a look at Egypt’s economic crisis: International lenders have pumped tens of billions of dollars into Egypt’s faltering economy amid the war in the Gaza Strip, but experts say the country’s economic crisis is not yet resolved. In February 2024, Egypt won its largest-ever foreign investment: an influx of $35 […]
Read more »Africa’s Largest Early-Stage VC Fund Raises $154 Million to Expand Into Egypt
April 22nd, 2024
Via Bloomberg, a report on Africa’s largest early-stage VC fund’s new raise to expand into Egypt: Investors include Allianz, European Investment Bank, Visa TLcom to use fund for Egypt expansion, invest in more startups Africa’s largest early-stage venture capital fund exceeded targets as it raised $154 million from investors including the European Investment Bank, Allianz SE and the Visa […]
Read more »Middle East And North Africa At An Economic Crossroads
April 21st, 2024
Via Global Finance, a look at whether Egypt and Morocco can keep driving the region’s economic growth? North Africa is the fastest-growing region in the Arab world and Africa. In 2023, the combined gross domestic product of Mauritania, Morocco, Algeria, Tunisia, Egypt and Libya increased by 4.2%, compared with only 1.6% for the […]
Read more »A Tale of Two Megalopolises
April 20th, 2024
Courtesy of Foreign Policy, a look at what new cities in Saudi Arabia and Egypt tell us about their autocrats: Two extraordinary cities are being built in the Middle East. In Egypt, the first residents have started moving into a new administrative capital that has been underway for nearly a decade. The as-yet-unnamed city boasts […]
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.