Billions in Oil Riches Vanish in Latin America as Pemex Stumbles
February 7th, 2023
Courtesy of Bloomberg, a report on how Pemex has seen its crude output decline almost every year since 2004 as mismanagement, debt and failing projects drag down Mexico’s oil giant: The rebound in oil prices over the last two years brought in record profits for the world’s largest crude producers, shoring up local economies and boosting jobs. Despite the fanfare, […]
Read more »China Builds Influence By Building African Parliaments
February 7th, 2023
Via Global Policy Journal, an interesting look at how China has fully financed the construction of at least 15 new African parliamentary buildings and refurbished several others: In 2005, during Prime Minister Pakalitha Mosisili’s visit to Beijing, China offered to pay for the construction of a new Lesotho parliament building. The Lesotho government had identified […]
Read more »Indonesia’s Nickel Riches Spur Domestic EV, Battery Ambitions
February 5th, 2023
Courtesy of Nikkei Asia, a look at how Indonesia’s nickel riches are spurring local company EV, battery ambitions: FROM COAL MINERS TO CONGLOMERATES, INDONESIA’S BURGEONING ELECTRIC VEHICLE AND BATTERY SCENE IS ATTRACTING BROAD LOCAL CORPORATE INTEREST BUOYED BY THE COUNTRY’S RICH NICKEL RESOURCES AND GOVERNMENT PROMISES OF INCENTIVES. THE INVOLVEMENT COMES AS GLOBAL EV MAKERS INCLUDING […]
Read more »Ethiopia’s Plans To Open Its Banking Sector
February 5th, 2023
Courtesy of The Africa Report, a look at Ethiopia’s planned banking sector reform: Ethiopia is on the cusp. Since Prime Minister Abiy Ahmed came into office in April 2018, Ethiopia has laid down a series of reforms, most notably softening its stranglehold of key sectors of the economy, namely aviation, logistics, telecoms and energy. But […]
Read more »China and Ethiopia: The Addis Light Train Stuck in Slow Motion
February 3rd, 2023
Via The Diplomat, a look at Sub-Saharan Africa’s first inner-city tram project which – hailed as historic in 2015 – faces more problems than ever seven years later: The Addis Ababa Light Rail Train (AALRT), sub-Saharan Africa’s first inner-city tram project, was hailed as an exemplary infrastructure development in 2015 and a ground-breaking step forward for […]
Read more »South Sudan: The World’s Newest Country Is Broken and Forgotten. Enter Pope Francis.
February 3rd, 2023
Courtesy of The New York Times, an article on how the soaring hopes at South Sudan’s creation in 2011 have been cruelly dashed: It is just over a decade since the steamy capital of South Sudan exploded in joy, with revelers singing and dancing through the night to mark the birth of their nation as it split […]
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.