Namibia’s Deep Sea Oil Bonanza Comes With a Dose of Caution
September 22nd, 2023
Via Bloomberg’s Next Africa, a cautionary look at Namibia’s recent deep sea oil discoveries: Explorers tried and failed for decades to find oil in Namibian waters until TotalEnergies and Shell announced major discoveries last year. More rigs raced to the coastline as reserve estimates climbed to 11 billion barrels of crude. With some touting it […]
Read more »Namibia Targets U.S. Investment
September 22nd, 2023
Via The Brief, an article on Namibian efforts to target U.S. investment: The Namibia Investment Promotion and Development Board (NIPDB) is set to promote investment opportunities in Namibia on the margins of the United Nations General Assembly summit underway in the United States of America (USA) to boost the inflow of foreign direct investment (FDI). […]
Read more »Namibia Targeted In Saudi US$15B Mining Stakes Acquisition
September 12th, 2023
Via Namibia’s The Brief, a report on Saudi interest in Namibia’s mining sector: A state-backed Saudi venture is looking at buying stakes in mining assets worth US$15 billion in Namibia, among other African countries such as the Democratic Republic of Congo and Guinea, the Wall Street Journal has reported. The development will permit US companies […]
Read more »Namibia-South Korea Form Long-Term Energy and Resources Partnership
September 10th, 2023
Via Eagle FM, a report on a new Namibia-South Korea partnership: Namibia and South Korea have joined forces to form important and long-term relationships in order to transform the landscape of energy and resource collaboration. The Korea-Namibia Energy and Resources Business Forum, held on 4 September in Windhoek, represented a significant step in fostering collaboration […]
Read more »Japan Builds Supply Chain for EV Battery Minerals in Africa
August 3rd, 2023
Via Nikkei Asia, a report that Zambia, DR Congo, and Namibia are in advanced negotiations with the Japanese government to expand exploration and develop supply chains for rare minerals, including cobalt, copper, zinc, nickel, and lithium available in the three countries. Japan is moving to counter Chinese influence in the continent’s mining industry and diversify […]
Read more »How China Is Winning The Race For Africa’s Lithium
August 1st, 2023
Courtesy of The Financial Times, a look at how China – which already dominates processing of lithium for use in electric vehicle batteries 0 is now investing heavily in mines, leaving western operators scrambling in Africa: The settlement of Uis in a remote part of Namibia seems an unlikely hotspot for a mineral cold war […]
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.