Archive for the ‘Senegal’ Category

Is Senegal’s Akon City An Impossible Dream or Elaborate Fraud?

Via The Africa Report, first part of a detailed look at Senegal’s Akon City which many consider an impossible dream and potential pyramid scheme: In August 2020, Senegalese-American singer Akon laid the foundation stone for a smart city located over 100km south of Dakar, but work has yet to begin. Delays threaten to stop this […]

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Top 10 African Countries With The Highest GDP Projections for 2023

Via Business Insider Africa, a report on African GDP projections for 2023: Business Insider presents the top 10 African countries with the highest GDP projections for 2023. This list is courtesy of a bi annual report from the Africa Development Bank.  The bank notes that Africa would perform better economically, than what has been predicted […]

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Senegal: On Track For World-Beating Growth In 2023

Via African Business, additional optimism for Senegal which is on course to record a world-beating 8% growth this year, thanks largely to expected oil and gas revenues: The World Bank predicts that Senegal will grow by 8% in 2023, the most out of any sub-Saharan African country. The growth is largely attributed to huge oil […]

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DRC, Niger, Senegal: Trio Driving Growth in 2023

Courtesy of The Africa Report (subscription required), a report on the optimistic growth prospects of DRC, Niger, and Senegal: With an average growth forecast of 3.5%, sub-Saharan Africa is resisting global malaise, but inflation and debt remain a threat to the continent’s economies. Kristalina Georgieva, Director of the International Monetary Fund (IMF), has sounded the […]

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World Bank Projects Impressive Growth For Senegal In 2023

Via Quartz, an article noting that – while the World Bank projects growth in most African nations such as Senegal – critical economies like Nigeria, South Africa, and Kenya will record a slump The World Bank projects an impressive 2023 for Senegal’s economy, thanks to a thriving oil and gas industry. “After slowing to 4.8% […]

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Dakar Establishing Itself As A Global Destination For Creative Industries

Via How We Made It In Africa, a report on Dakar’s evolution into a global destination for the creative industries: Flush with success from investing in sports and the arts, Senegal’s cultural capital seems to know no bounds. Dakar now boasts an array of fashion, culture and heritage platforms that are drawing global interest. On […]

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WILDCATS AND BLACK SHEEP
Wildcats & Black Sheep is a personal interest blog dedicated to the identification and evaluation of maverick investment opportunities arising in frontier - and, what some may consider to be, “rogue” or “black sheep” - markets around the world.

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.