Egypt’s Economic Crisis Is a Golden Opportunity
January 18th, 2023
Via Project Syndicate, commentary on how Egypt’s current economic crisis could be a golden opportunity to reform the economy by rooting out cronyism and reducing the military’s outsize role in the economy: Egypt is on the brink of a financial and economic abyss. The portfolio inflows that fueled its sovereign debt market have dried up, repeated […]
Read more »The Taliban’s New Supercar Runs Like Its Beloved Toyotas
January 18th, 2023
Via Quartz, a report on the Mada 9 – Afghanistan’s first indigenously made supercar – which most observers believe is a Taliban effort to divert national and global attention from recent Afghan government decisions related to women’s rights and a faltering economy: Nobody saw this car launch coming. And now they can’t stop talking about Mada 9. […]
Read more »The New Bankers to the World Aren’t on Wall Street
January 18th, 2023
Via Bloomberg, an interesting report on how Middle East sovereign funds spent almost $89 billion globally last year, with deal makers using their wealth to diversify their economies and win geopolitical influence: When Credit Suisse Group AG, Sam Bankman-Fried and Asia’s richest men were hunting for funds in recent months, they all turned to the same place — […]
Read more »Why China and Egypt Are Growing Closer
January 18th, 2023
Via Foreign Policy, an article on how – as the Egyptian economy falters – Sisi is turning to the Chinese government for support: On Sunday, China’s new foreign minister, Qin Gang, ended his five-nation African tour in Egypt, where he held separate meetings with Egyptian President Abdel Fattah al-Sisi and Arab League Secretary-General Ahmed Aboul-Gheit. […]
Read more »Can Africa’s First Heat Officer Make Freetown Livable?
January 17th, 2023
Courtesy of the New York Times, an interesting article on Freetown’s efforts to combat the city’s rising temperatures: Before Sierra Leone’s capital of Freetown exploded into a sprawling metropolis — eating up wooded hills and encroaching on the Atlantic — Eugenia Kargbo loved it for the pristine beaches and lush forests that once enveloped the […]
Read more »Egypt’s Economic Turmoil Squeezes Struggling Middle Class
January 17th, 2023
Via Al Monitor, a report on the severe economic crisis in Egypt: With Egypt’s economy in crisis, the currency in freefall and inflation skyrocketing, the poor have been hit hard but the middle class is also teetering on the brink. “It’s like we were hit by an earthquake, suddenly you have to let go 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.