Archive for the ‘Libya’ Category

Turkey Set for Gas-Exploration Deal After Wooing Ex-Libya Foes

Via Bloomberg, an article on an agreement for Turkey to explore Libyan gas: Libya’s eastern parliament is set to vote on a 2019 pact that would allow Turkey to explore for energy in the North African nation’s waters. The agreement could kickstart oil and gas exploration by Turkish ships in a swathe of territory between […]

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Libya: Things Fall Apart Again

Via The Economist, a look at Libya: “Libya build” was billed as the largest construction expo ever to have been held in north Africa. It lured businessmen from China, Turkey and Malta. But as they arrived on May 12th, mortars began falling. Gunmen in trucks fitted with heavy machineguns opened fire, seizing control of half of […]

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Libya Calls On Chinese Companies To Invest in Industrial Zones

Via The Libya Observer, an article on Libya’s efforts to secure Chinese investment: The Minister of Industry and Minerals, Ahmed Abuhisa, has extended an invitation to Chinese companies to capitalize on the investment opportunities in the country’s industrial zones. Speaking during a meeting with Liu Jian, the Charge d’Affaires of the Chinese Embassy in Libya, […]

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Beijing: Making Inroads in North Africa

Via the Atlantic Council, commentary on China’s growing engagement with North Africa: Talk of China in the Middle East and North Africa (MENA) rarely focuses on the latter, but Beijing has made significant gains in its recent outreach to the Maghreb. This was highlighted in September when the Forum on China-Africa Cooperation (FOCAC) Ministerial Conference […]

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Presto: Libya’s Most Successful Tech Startup

Via Rest of World, a report on Presto, the Libyan delivery app now planning to expand to neighboring countries: Presto is now the second-largest delivery company in North Africa, after Glovo. The company navigated the unique challenges of Libya’s security situation and government-dominated workforce. In September, Ammar Hmid, the founder and CEO of Presto, celebrated […]

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‘Crumbling’: Libya’s Warring Factions Dig In For Fight Over Oil Profits

Via Middle East Eye, a report on deteriorating conditions in Libya: Libya’s oil production and exports plunged Thursday as warring political factions appear to be digging in for a feud over control of the war-ravaged country’s central bank and the petrodollars it holds.  The closure of oil fields and terminals across eastern Libya slashed the Opec […]

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WILDCATS AND BLACK SHEEP
Wildcats & Black Sheep is a personal interest blog dedicated to the identification and evaluation of maverick investment opportunities arising in frontier - and, what some may consider to be, “rogue” or “black sheep” - markets around the world.

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.