Angola & Nigeria: State-Led Petroleum Sector Development
March 23rd, 2024
Via Phenomenal World, a report on state-led petroleum sector development in Angola and Nigeria: Oil and gas producers in Africa, like developing countries across the globe, face a particular problem in pursuing state-led development. The resource curse, and specifically the phenomenon of “Dutch disease,” in which an exporting industry brings in foreign capital and causes the […]
Read more »Why Cost of Chocolate Will Keep Rising
March 23rd, 2024
Courtesy of The Financial Times, a look at how speculation, climate change and under-investment are combining to push up the price of the confection: With Easter less than a month away, sweet-toothed consumers in Europe and North America are beginning to turn their thoughts towards chocolate. In the UK alone, tens of millions of milk […]
Read more »Al Qaeda Inc. Is Back—and Thriving—in Afghanistan
March 23rd, 2024
Courtesy of Foreign Policy, an article on how architects of 9/11 are profiting from gold and gem mines in the Taliban-led country: Al Qaeda is back to its old tricks in Afghanistan. Much as it did before masterminding the 9/11 attacks, the terrorist group is running militant training camps; sharing the profits of the Taliban’s […]
Read more »Offshore Treasure: ExxonMobil, Venezuela, and the Battle for Guyana’s Oil
March 23rd, 2024
Via Phenomenal World, a report on ExxonMobil, Venezuela, and the battle for Guyana’s oil: Since the discovery of some of the world’s largest oil reserves in 2015, Guyana has entered a period of economic and geostrategic reconfiguration. According to the Energy Information Administration (EIA), Guyana holds the sixth-largest oil reserves in the Americas and the […]
Read more »Africa Has Become The Newest Contest for Cash-Rich Arab Rivals
March 22nd, 2024
Courtesy of Bloomberg, a report on growing Middle Eastern interest in Africa: Standard Bank sees soaring interest in Africa from Gulf states UAE official says $35 billion to Egypt may not be one-off In pursuit of geopolitical clout, in 2021 the United Arab Emirates made a promise to expand aggressively into markets beyond its usual horizons. Since […]
Read more »UAE Eyes Zambia Mine As Minerals Race Heats Up Against Saudi Arabia, China
March 22nd, 2024
Via Al Monitor, a look at how wealthy Gulf countries are racing against China, Europe and the United States for minerals critical to powering the global green transition: The United Arab Emirates is increasing its push to acquire African mineral resources, scrambling against China, Saudi Arabia and others to secure contracts. Its latest foray is […]
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.