Ethiopia To Set Up Large Data Centre Amid Reported Bitcoin Mining Surge
February 20th, 2024
Via Reuters, a report on Ethiopia’s efforts to develop digital infrastructure: Ethiopia has signed a preliminary agreement to develop infrastructure for data mining and artificial intelligence training operations, the government’s strategic investment arm said. Ethiopian Investment Holdings (EIH) initially said in a social media post on Thursday that a memorandum of understanding for a $250 […]
Read more »The China-Built Addis-Djibouti Railway Gains Steam
February 18th, 2024
Courtesy of The Diplomat, a look at a new approach to utilizing the potential of the two-country railway line between Ethiopia and Djibouti has already been producing several of the desired results. A people-centered turn is yet to come: The Addis Ababa-Djibouti Railway (AADR) has been in operation since 2018 – the year when we […]
Read more »In Ethiopia, Chinese Bitcoin Miners Find a Xanadu
February 9th, 2024
Courtesy of Bloomberg, an article on how cheap power and friendly relations with China have made the Horn of Africa country a top pick for Chinese Bitcoin miners: Last spring, cargo containers began appearing near electricity substations connected to the recently built Grand Ethiopian Renaissance Dam, Africa’s largest. Inside were stacks of powerful, energy-guzzling computers. It […]
Read more »The Ethiopia-Somaliland Port Deal Could Sink Djibouti’s Economy
February 3rd, 2024
Via World Politics Review, a look at how the proposed Ethiopia-Somaliland port deal could sink Djibouti’s economy: With a population of just over 1 million people and few tangible resources, Djibouti has long depended on its strategic location alongside the Gulf of Aden and at the entrance to the Red Sea as its main economic asset. […]
Read more »Saudi Arabia’s Ambitious African Economic Safari
January 30th, 2024
Courtesy of The Africa Report, a look at Saudi Arabia’s ambitious economic foray into Africa as part of its drive to become a global power that is less reliant on energy: The monarchy hosted a Saudi-Arab-African economic conference in Riyadh in November, where it committed more than $500m into projects and investments in Africa through […]
Read more »Ethiopia’s Timely Sea Access Deal With Somaliland
January 30th, 2024
Via Geopolitical Futures, commentary on Ethiopia’s sea access deal with Somaliland: Ethiopian Prime Minister Abiy Ahmed’s announcement on Jan. 1 of a memorandum of understanding with Somaliland marked a pivotal moment in his country’s long search for unrestricted access to the sea. The agreement would grant Ethiopia access to 20 kilometers (12 miles) of coastline, […]
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.