Next BRICS Expansion Could Include Turkey, Algeria, Indonesia, Nigeria
September 5th, 2024
Via Arabian Business, a report on the next BRICS expansion could include Turkey, Algeria, Indonesia, Nigeria but major rifts remain: In a major geopolitical development earlier this year, BRICS cemented its rise as a potential counterweight to Western-led groups like the G7 with the addition of Saudi, UAE, Iran, Ethiopia, and Egypt Since the one-tightknit […]
Read more »Africa To Have Six Cities With Over 10 Million Inhabitants by 2035
August 24th, 2024
Via North Africa Post, a report on the continent’s rapidly growing population: Amid a rapid population growth, Africa will count six cities with over 10 million people by 2035, the Economist Intelligence Unit said. With the continent’s population boom, Angola’s capital, Luanda, and Tanzania’s commercial hub, Dar es Salaam, will join the metropolises of Cairo, […]
Read more »Vroom, Vroom: Cheap Asian Motorcycles Are Transforming African Cities
August 19th, 2024
Courtesy of The Economist, a look at how inexpensive Asian motorcyles are transforming African cities: At the Haojue showroom in Kigali, Rwanda’s capital, Gaston Kamo dusts the latest model’s ruby-red fuel tank. “With motorcycles you can go everywhere, even muddy roads,” says the salesman for the Chinese manufacturer. The gleaming 125cc bike costs 1.25m Rwandan francs […]
Read more »Africa’s Two Most Populous Economies Brave Tough Reforms
August 13th, 2024
Via The Economist, a report on Ethiopia’s and Nigeria’s new economic reforms and whether they will be able to stick to them: When times are tough, politicians reach for metaphors. In Ethiopia, which floated its currency and entered a $3.4bn IMF programme on July 29th, the prime minister Abiy Ahmed (pictured) compared reform to “the pain of surgery, […]
Read more »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 »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.