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 »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 »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 »Ethiopia Signals Stock Market Launch In Mid?November
September 17th, 2024
Via The Africa Report, an article on Ethiopia’s plans to launch the country’s first stock market since the 1970s in mid November: Ethiopia is on track to launch the country’s first stock market since the 1970s around the middle of November, says Hana Tehelku, the new head of the Ethiopian Capital Market Authority (ECMA). Final […]
Read more »Will Ethiopia’s Grand Renaissance Dam Light Up The Economy or Lead to Power Struggles?
September 13th, 2024
Via The Africa Report, a report on Ethiopia’s Grand Renaissance Dam which promises economic transformation but – as the country targets universal electrification by 2030 – challenges remain, including regional instability and huge infrastructure needs: Work started on the Grand Ethiopian Renaissance Dam (GERD) in 2011. In contrast to most infrastructure projects on the continent, […]
Read more »Djibouti to Offer Ethiopia Exclusive Port
September 2nd, 2024
Via Kenyan Wall Street, a report that Djibouti plans to offer Ethiopia an exclusive port space: In a move that might ease simmering tensions in the Horn of Africa, Djibouti has disclosed that it is planning to offer Ethiopia “100% access” to the Tadjoura port. The access would see Ethiopia directly manage the port, Djibouti’s […]
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.