Dangote’s Standoff With Nigeria Intensifies, Risking Investments
July 23rd, 2024
Via Bloomberg, an article on Dangote’s standoff with Nigeria: Billionaire scraps plan to invest in a domestic steel plant Tycoon says his refinery produces the ‘best’ diesel in Nigeria Aliko Dangote, Africa’s richest man, says that diesel produced by his massive refinery is the best that’s sold in Nigeria, even as lawmakers consider a probe […]
Read more »Where Will the Next Billion Internet Users Come From?
July 21st, 2024
Courtesy of Visual Capitalist, an illustrated look at where the next billion Internet users will come from: Internet adoption has steadily increased over the years—it’s more than doubled since 2010. Despite its widespread use, a significant portion of the global population still isn’t connected to the internet, and in certain areas of the world, the number of […]
Read more »Rise of Chinese Surveillance Tech in Africa: Development or Espionage?
July 11th, 2024
Courtesy of The Africa Report, commentary on the growing deployment of Chinese CCTV equipment in African cities: Chinese technology companies like Huawei and ZTE are contributing to smart city development on the continent, but analysts warn that their tools provide authoritarian governments with the means to spy on citizens and promote repression. More than a […]
Read more »Will Shock Therapy Revive Nigeria’s Economy – Or Sink It Further?
July 9th, 2024
Courtesy of The Financial Times, a report on Nigeria’s economic predicament: Fatai Oluwa, a patternmaker in Lagos, Nigeria’s teeming commercial capital, has started sleeping in the tailor shop where he works, often on his cutting table, so he can save on soaring commuter costs. Since the snap removal last year of petrol subsidies by Nigeria’s […]
Read more »Western Multinationals Fleeing Nigeria Are Being Replaced by Asian and Turkish Firms
June 18th, 2024
Via Bloomberg, a look at how western multinationals fleeing Nigeria are being replaced by Asian and Turkish firms: Naira’s depreciation, currency swings deter multinationals Nigerian firms have also made significant investments As US and Europe-based multinationals exit Nigeria, Asian and local companies are stepping in to fill the void. Last week, London-based Diageo Plc sold its controlling […]
Read more »Egypt, Ethiopia, Nigeria, Rwanda … Agreements with Russia’s Rosatom Nuclear Energy Agency on the Rise
June 7th, 2024
Via The Africa Report, a report on how – from coast to coast – agreements between African countries and Russia’s Rosatom nuclear energy arm continue to flourish, but actual progress on the ground is a different story: “We need, if it is possible, to build a nuclear power station to produce electricity.” At the Russia-Africa […]
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.