Mali’s Junta Escalates Fight with Mining Groups Over Profit Share
November 16th, 2024
Courtesy of The Financial Times, an article on the Malian junta’s efforts to gain a greater share of gold producers’ profits: The detention in Mali of an international mining boss and two of his colleagues has raised alarm across the industry about growing personal risks for executives in the gold-rich west African nation. Resolute Mining’s […]
Read more »Resolute Faces $160 Million Demand From Mali as CEO Detained
November 15th, 2024
Via Bloomberg, an article on Resolute Mining’s crisis in Mali: Holohan and two colleagues have been held since late last week Government wants mining firms to renegotiate economic terms Mali is demanding Australia’s Resolute Mining Ltd. pay about $160 million to resolve a tax dispute after the government detained the gold producer’s chief executive, according to people […]
Read more »Sahel States Laud Morocco’s Atlantic Access Initiative
September 29th, 2024
Via North Africa Post, an article on King Mohammed VI’s initiative to facilitate Sahel states access to the Atlantic Ocean: Sahel States have lauded King Mohammed VI’s initiative aiming to facilitate their access to the Atlantic Ocean, as a “highly important strategy” for co-development and prosperity in the region and as a move that will […]
Read more »Africa’s New Railway Age
July 23rd, 2024
Courtesy of The Economist, a look at how Sino-American tensions in Africa are playing out on the tracks: “Every inhabitant of Thiès”, wrote a Senegalese novelist, Ousmane Sembène, in 1960, “depended on the railway.” Like many African cities, Thiès was a product of the continent’s first, colonial-era rail revolution. The French-built railway that ran through it […]
Read more »The Rollercoaster Ride of Foreign Investment In The Sahel
July 19th, 2024
Courtesy of The Africa Report, a report on the rollercoaster ride of foreign investment in the Sahel states: Over the last three years, the member states of the newly christened Confederation of Sahel States have been hit by a fall in foreign investment, particularly Burkina Faso. In its World Investment Report 2024, the United Nations […]
Read more »In Hot Mali, Ice Costs More Than Bread or Milk
April 29th, 2024
Via BBC, a report on the economic impact of rising heat in Mali: Record-breaking heat means ice cubes now cost more than bread and milk in parts of Mali. “I’ve come to buy ice because it’s very hot now,” says 15-year-old Fatouma Yattara as she visits her local vendor in the capital, Bamako. With no […]
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.