How Ethiopia’s currency float and IMF deal are powering economic reform
August 22nd, 2024
Via The Africa Report, an article on how privatisation, foreign property ownership, and a new stock exchange expected to transform the nation’s economic landscape as the pace of reform in PM Ahmed Abiy’s government regains momentum. Ethiopia is gearing up to relaunch its economic reform agenda after floating its currency and securing a $3.4bn IMF […]
Read more »A $2 Trillion Reckoning Looms as Ports Become Pawns in Geopolitics
August 21st, 2024
Via Bloomberg, an article on how ports have become pawns in geopolitics, as these gateways to global trade face costly conversions to retool in new era of rivalry, automation and green energy: For centuries, control of the world’s biggest shipping centers helped expand empires, spark and settle wars, ease poverty and build middle classes while […]
Read more »Why Ethiopia Ended Half a Century of Currency Control
August 16th, 2024
Via Bloomberg, a report on why Ethiopia ended half a century of currency control: For the past half-century, Ethiopia tightly controlled the official value of its currency, the birr. That changed in July, when unmanageable debts and dwindling foreign reserves forced the government in Addis Ababa to liberalize the exchange rate regime. The decision, which […]
Read more »Africa’s Two Most Populous Economies Brave Tough Reforms
August 13th, 2024
Via The Economist, a report on Ethiopia’s and Nigeria’s new economic reforms and whether they will be able to stick to them: When times are tough, politicians reach for metaphors. In Ethiopia, which floated its currency and entered a $3.4bn IMF programme on July 29th, the prime minister Abiy Ahmed (pictured) compared reform to “the pain of surgery, […]
Read more »The Horn Of Africa States: The Battle Of Corridors And Impact On Region
August 10th, 2024
Via Eurasia Review, commentary on the the impact of the global battle of corridors on Horn of Africa states: They say and it has been proven, many times over, that history ryhmes. The world works in cycles – time, climate, wars, even financial markets. Nomads know when to move from one area to another and […]
Read more »Ethiopian Airlines Signs Deal For $6 Billion Mega Airport
August 10th, 2024
Via Al Monitor, a report on a planned new airport in Ethiopia: Ethiopian Airlines has signed a deal for the design of a new $6 billion airport described as the biggest in Africa, state media reported. The new hub will be able to handle 100 million passengers a year once completed in five years, Ethiopian […]
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.