Ethiopia Offers Airline Stake to Somaliland for Sea Access
January 2nd, 2024
Courtesy of Bloomberg, a report that Ethiopia offered Somaliland a stake in Ethiopian Airlines in return for sea access: Agreement will give Somaliland stake in Ethiopian Airlines Ethiopia’s Hussein says details will be ironed out in a month Ethiopia signed a memorandum of understanding with Somaliland, a breakaway region of Somalia, to gain access to the […]
Read more »Ethiopia Signs Pact to Use Somaliland’s Red Sea Port
January 1st, 2024
Courtesy of Reuters, a report on Ethiopian plans to use Somaliland’s Red Sea port: Landlocked Ethiopia signed an initial agreement with Somalia’s breakaway region of Somaliland on Monday to use its Red Sea port of Berbera, Prime Minister Abiy Ahmed’s office said. The Horn of Africa country currently relies on neighbouring Djibouti for most of […]
Read more »Ethiopia: Africa’s List of Debt Defaulters Set to Grow Longer
December 13th, 2023
Courtesy of Bloomberg, a report on Ethiopia’s risk of default: Ethiopia, for a while considered one of Africa’s hottest investment destinations, looks set to renege on its debts. After last-ditch restructuring talks with a committee that represents holders of its $1 billion dollar bonds fell through, the government said it wasn’t in a position to […]
Read more »Ethiopia’s Call for Foreign Investment In Its Banking Sector Comes With Strings
December 7th, 2023
Via Semafor, commentary on Ethiopia’s call for foreign investment in its banking sector: Ethiopia’s central bank is fast-tracking the rollout of a new legal framework to spur foreign competition in the local banking sector while simultaneously imposing strict limits on the role of foreign players. The central bank governor told parliament last week that a framework […]
Read more »Picking Up Steam: Africa to Overtake Europe in Geothermal Capacity by 2030
December 4th, 2023
Via Rystad Energy, a report on Africa’s growing geothermal sector: Africa’s geothermal sector will attract at least $35 billion in investments by 2050, showing the critical role geothermal is set to play in meeting the continent’s rapidly growing energy demand. Rystad Energy’s latest projections reveal this significant investment will see Africa’s installed geothermal capacity surpass […]
Read more »Taking Stock: Ethiopia’s Plans For A 2024 Stock Market Launch
November 30th, 2023
Via The Africa Report, a look at Ethiopia’s plans to launch its first stock market in 50 years in 2024: Ethiopia is on track to launch its first stock market for 50 years in the middle of 2024, Brook Taye, director general of the Ethiopian Capital Market Authority, tells The Africa Report. The KPMG accounting […]
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.