BRICS Expansion Is No Triumph for China
August 29th, 2023
Courtesy of Foreign Policy, commentary that BRICS expansion is not a triumph for China, but rather a warning shot for the West to end its strategic slumber in the global south: Those who believe that the world is moving to a post-Western global order saw their belief confirmed last week. At its annual summit in […]
Read more »Egypt To Drill 35 Gas Wells by 2025 as BP Pledges To Invest $3.5B
August 29th, 2023
Via Al Monitor, a report that BP has energy pledged $3.5 billion in investment into gas exploration in Egypt over the next three years: Egypt plans to invest $1.5 billion into drilling 35 natural gas wells by 2025, the cabinet said in a statement on Tuesday, citing Petroleum Minister Tarek El-Molla. The news comes hours […]
Read more »Nollywood
August 28th, 2023
Via Semafor, a look at Nollywood’s evolution and growth: Nollywood, the movie production and distribution system that started out in Nigeria in the 1990s, used to be known for its physical formats — VHS tapes, then video CDs — which fans bought at local street markets and shared with friends and family. But over the last […]
Read more »Nigeria: Not Another BRICS In The Wall
August 28th, 2023
Courtesy of The Africa Report, commentary on why – while Egypt and Ethiopia were welcomed into the exclusive club of nations destined to dominate the world economy by 2050 – Nigeria was left out: Cyril Matemola Ramaphosa, the president of the Republic of South Africa and host of the 2023 BRICS summit, announced on Thursday […]
Read more »Malaysia’s (Mostly) Empty $100B City Rising From The Sea
August 28th, 2023
Courtesy of Bloomberg, a report on Malaysia’s controversial Forest City which now faces questions over the financial health of its developer, the Chinese giant Country Garden: To get to the strange city just off the coast of southern Malaysia, a visitor drives a road slithering through palm tree plantations and suburban sprawl. Eventually it becomes […]
Read more »Will BRICS Throw A Lifeline To Dollar-Strapped Egypt?
August 28th, 2023
Via Al Monitor, a report that some economists believe BRICS membership will give Egypt a chance to ease pressure on the dollar, but is not a quick remedy for the country’s economic woes: Egypt will become a full member of the BRICS club of emerging economies as of January 2024. The group had approved Cairo’s request to […]
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.