Nigeria’s Currency Crisis Is Fueling a Corporate Exodus
February 17th, 2024
Courtesy of Bloomberg, an article on how Nigeria’s free-falling currency and rampant inflation are slashing the profits of global conglomerates: As Nigeria’s vice president cut the ribbon on Procter & Gamble Co.’s diaper production line in 2017, the $300 million facility near Lagos was hailed as a symbol of the country’s economic ambitions. In December, P&G […]
Read more »Trans-Saharan Gas Pipeline: What it Means for West Africa
February 5th, 2024
Courtesy of Energy, Capital, and Power, a report on the Trans-Saharan Gas Pipeline and what it means for nations such as Nigeria, Algeria, and Niger: The aim of the Trans-Saharan Gas Pipeline – set to run from Nigeria’s resource-rich fields in the Warri region through Niger and to the town of Hassi R’Mel in Algeria […]
Read more »Fastest Growing Countries for Software Development: Bangladesh, Nigeria, and Pakistan
February 5th, 2024
Via Rest of World, a look at new data showing a rising tide of coders in Bangladesh and Nigeria: GitHub has released new data tracking developer accounts by country. Year over year, the data shows Bangladesh, Nigeria, and Pakistan had the fastest-growing developer population. For developers around the world, a busy GitHub profile is one […]
Read more »Can Lagos Be Harnessed to the Rest of Nigeria?
February 1st, 2024
Courtesy of The Africa Report, a report on Nigeria’s efforts to create a new industrial hub in Lekki: Successful economies connect their growth poles to their hinterlands. In Nigeria, the Lagos ‘locomotive’ is isolated from the ‘carriages’. Can that change with a new industrial hub in Lekki? Lagosians are ambivalent about the inflows of people […]
Read more »Saudi Arabia’s Ambitious African Economic Safari
January 30th, 2024
Courtesy of The Africa Report, a look at Saudi Arabia’s ambitious economic foray into Africa as part of its drive to become a global power that is less reliant on energy: The monarchy hosted a Saudi-Arab-African economic conference in Riyadh in November, where it committed more than $500m into projects and investments in Africa through […]
Read more »Daikin Bets on Africa with New Production Sites in Nigeria and Algeria
January 22nd, 2024
Via Nikkei Asia, an article on one Japanese company’s revised strategy to compete with LG and Gree in Africa: Daikin Industries is bolstering its supply chain for home air conditioners in Africa, recently setting up a manufacturing site in Nigeria while also preparing to produce products in Algeria. The company had been expanding in 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.