Energy, Mining, Telecoms: Gulf Nations Pour Billions Into Africa
January 24th, 2025
Via The Africa Report, a look at the Gulf’s continued strong investment interest in Africa: Gulf countries invested over $100bn in Africa between 2012 and 2022, leveraging the continent’s opportunities to diversify their oil-dependent economies. Nearly half of those investments came from the UAE. Here is a breakdown in infographics. Agriculture, renewable energy, healthcare and […]
Read more »BRICS Adds Nigeria; Expands to 54.6% of World Population
January 19th, 2025
Via Geopolitical Economy, a report on BRICS addition of a new partner in Nigeria, Africa’s most populous country with no. 6 population on Earth. BRICS+ now has 10 members & 9 partners, comprising 54.6% of world population & 42.2% of global GDP (PPP) BRICS continues to grow. On 17 January, it officially admitted Nigeria as […]
Read more »Côte d’Ivoire, Nigeria To Build Super Coastal Highway
December 16th, 2024
Via North Africa Post, a report on plans to build a super coastal highway in Africa: Côte d’Ivoire and Nigeria have revived talks for a regional highway that will link the two countries, boosting the movement of people and goods. The project is being discussed at an ECOWAS summit dominated by political issues and divisions […]
Read more »China’s Huaxin Cement to challenge Dangote, BUA after Lafarge Africa purchase
December 10th, 2024
Via The Africa Report, commentary on how a new Chinese entrant in Nigerian cement is likely to ramp up competition: Dangote Cement and BUA face a new challenger in Nigeria from Chinese newcomer Huaxin Cement, which is buying an 83.8% stake in Lafarge Africa from Holcim. Holcim said in a statement on 1 December that the sale […]
Read more »Why The Africa Energy Bank Is A Bad Idea
November 14th, 2024
Via African Arguments, commentary on the planned Africa Energy Bank, a $5B oil bank set to be launched by a coalition of African oil producers: At COP29, the UN Secretary General Antonio Gutteres said doubling down on fossil fuels would be “absurd”. The proposed Africa Energy Bank would do just that. Credit: Stakeholder Democracy. In […]
Read more »Nigeria’s Lithium Ambition Gets An Unexpected Boost
October 17th, 2024
Via Semafor, a report on Nigeria’s lithium sector: Nigeria’s ambition to build a value-added supply chain for critical minerals including lithium is getting a significant boost from an unlikely source: an e-marketplace startup. Sabi, the Lagos-headquartered business-to-business e-commerce company focused on the informal economy, has been quietly building expertise as a middle man for miners […]
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.