Ethiopia Turns To Bitcoin Miners To Power Growth and Green Energy
December 6th, 2024
Via The Africa Report, an article on how Ethiopia’s state utility has generated $55m in less than a year from power-purchase agreements with bitcoin miners – money it intends to use to develop the grid: Ethiopia Electric Power (EEP), the country’s state-owned utility, has signed-power purchase agreements with 25 bitcoin mining companies, attracted by Ethiopia’s affordable […]
Read more »Africa: Home To Some Of The Fastest Growing Economies in 2025
November 26th, 2024
Via The Economist, a look at Africa where several fast-growing economies show that not everyone is having a lost decade: To walk around Luanda, Angola’s capital, is to tour a graveyard of another era. Half-finished or empty skyscrapers loom over the sun-kissed corniche. Some of the bars along the beach are gaudy monuments to when the […]
Read more »Ethiopia to Raise $255 Million in African Nation’s Maiden IPO
October 20th, 2024
Via Bloomberg, an article on Ethiopia’s plans for the nation’s first IPO: Ethiopia is seeking to raise 30 billion birr ($255 million) selling shares in a state-run wireless company, making it the nation’s first initial public offering, and paving the way to start a stock exchange. Ethiopia Investment Holdings, which controls 27 state-run companies, will […]
Read more »Horn of Africa: Any Port A Storm?
October 6th, 2024
Via The Economist, a report on how Ethiopia and Somalia are courting escalation in a quarrel over port access: Few parts of the world are more turbulent than the Horn of Africa, the continent’s north-eastern chunk that contains Somalia, Djibouti, Ethiopia and Eritrea. It has been racked by war between Ethiopia and Eritrea, by civil war […]
Read more »Ethiopia: Abiy’s ‘Elite?Led’ Transformation of Addis
September 25th, 2024
Courtesy of The Africa Report, a report on Ethiopia’s PM Abiy Ahmed’s quest to beautify the capital Addis Ababa: For the past few months, Addis Ababa has resembled a building site. Construction workers are tearing down old buildings, digging up roads and laying foundations, while machinery hammers through the night, Prime Minister Abiy Ahmed forges ahead with an […]
Read more »How The West’s Wellness Industry Is Driving Ethiopia’s Frankincense Trees Towards Extinction
September 18th, 2024
Via The Guardian, a report on how western demand for the ancient fragrance is driving a lucrative race for the resin from Ethiopia’s trees but leaving little of the trade’s profit for those gathering it: In a busy corner of London, well-heeled shoppers and tourists browse a constellation of stores selling bottles and jars of […]
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.