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 »Russia’s Infinity to Bolster Egyptian Mining with $1BN Investment
April 8th, 2024
Via Energy, Capital & Power, a report on a Russian’s firm’s significant bet on Egypt’s mining sector: Russian mining firm Infinity plans to invest up to $1 billion in Egypt’s gold mining industry to boost its business portfolio and the country’s extractive sector. Infinity announced its participation in a bidding round initiated by Egyptian mining company Shalateen Mineral Resources, which […]
Read more »Opinion: Egypt ‘Probably Different’ This Time
March 31st, 2024
Via Frontier Market News, commentary on the potential – if Egypt’s government can stick to its reform plans – for the country stands a good chance of resolving some of its most persistent challenges: To a Republican president like Ronald Reagan “the nine most terrifying words in the English language are: I’m from the Government, […]
Read more »Candy Crush: Crushing It In Africa
March 31st, 2024
Courtesy of Semafor, interesting analysis of a recent survey on video games in Africa: I’ve been digging into a survey on video game players across Africa, by Geopoll/Pan Africa Gaming Group, looking for nuggets. It’s a sector which is still in its early stages of development on the continent and has very little analytical coverage. […]
Read more »Egypt’s Economic Downturn Draws More Investment From Gulf Countries
March 29th, 2024
Courtesy of The Africa Report, a look at how Egypt’s economic crisis has led to even more investment interest from Gulf countries, particular opportunities in education and healthcare: Over the last three years, Saudi Arabia and the United Arab Emirates (UAE) have dominated Egypt’s mergers and acquisitions (M&A) scene, with activity set to intensify within […]
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.