BRICS Bloc Grows Heft With Saudi Arabia and Other Mideast Powers
August 24th, 2023
Courtesy of Bloomberg, a report on BRICS expansion: Major emerging market nations invited top oil exporter Saudi Arabia, Iran, Egypt, Argentina, Ethiopia and the United Arab Emirates to join their bloc in a push to expand its global influence. Leaders from Brazil, Russia, India, China and South Africa agreed to enlarge their BRICS group from Jan. 1 at a summit held in Johannesburg, […]
Read more »British International Investment Bets on African Infrastructure and Innovation
August 4th, 2023
Courtesy of The Africa Report, commentary from the UK development financier BII which is funding telecoms in Ethiopia and partnering with DP World in Senegal about infrastructure investment in Africa: “Our core themes remain centred on productivity, sustainability and inclusivity,” says Chris Chijiutomi, the Managing Director and Head of Africa for British International Investment (BII), […]
Read more »How China Is Winning The Race For Africa’s Lithium
August 1st, 2023
Courtesy of The Financial Times, a look at how China – which already dominates processing of lithium for use in electric vehicle batteries 0 is now investing heavily in mines, leaving western operators scrambling in Africa: The settlement of Uis in a remote part of Namibia seems an unlikely hotspot for a mineral cold war […]
Read more »e&, Orange Weighing Bids for 45% Stake In Ethiopia’s Ethio Telecom
July 13th, 2023
Emirates Telecommunications Group (the e&) and France’s Orange are exploring opportunities to secure a 45% stake in Ethiopia’s state-owned telecom operator, reports Data Center Dynamics. The Ethiopian government has for years been looking to sell a stake in Ethio Telecom, which boasts over 70 million subscribers. It invited bids last November. Orange operates in 18 countries […]
Read more »Africa’s Lithium Reserves: China’s Dominance and Western Sustainable Partnerships
July 13th, 2023
Courtesy of Inconcreto, a report on Africa’s lithium wealth: The African continent is gaining significant attention as a global hotspot for valuable mineral resources. As the global energy transition gains priority among countries worldwide, the demand for lithium is rising as it has become a critical component needed for battery material production in the rapidly […]
Read more »Ethiopia’s Social Media Shutdowns Threaten Its Digital Economy
July 12th, 2023
Via Semafor, commentary on the negative impact that Ethiopia’s social media shutdowns are having on its digital economy: Ethiopia wants to build an open digital economy, but it’s also indefinitely blocking major social media platforms for unspecified security reasons. Since February, when the Horn of Africa nation banned Facebook, TikTok, Instagram, Telegram and YouTube, its […]
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.