The Empty Promise of Africa’s Oil and Gas Boom
June 27th, 2024
Via Foreign Policy, commentary on Africa, a continent awash in fossil fuel discoveries, but relying on them for development will be disastrous: Recent weeks have brought news of the discovery and development of major oil and natural gas reserves from opposite sides of the African continent. According to regional leaders, these reserves are so immense […]
Read more »Senegal Starts Producing Oil As President Promises Benefits
June 14th, 2024
Via BBC, a report on Senegal’s oil production: Senegal’s President Bassirou Diomaye Faye has said profits from the sale of oil and gas will be “well managed” as the West African state started producing oil for the first time. Australian energy giant Woodside described the extraction as a “historic day” and a “key milestone” for […]
Read more »Shoot For The Hoop: NBA Makes A Big Bet on Africa
June 11th, 2024
Courtesy of The Economist, a look at how the world’s second-favourite sport is taking off on the fastest-growing continent: Sport occupies a hallowed place in the history of pan-Africanism. The Confederation of African Football (caf), which runs African football and, in particular, the African Cup of Nations (Afcon), was founded as far back as 1957. That […]
Read more »UAE Strengthens Senegal Trade
June 10th, 2024
Via WhyAfrica, an article on UAE efforts to strengthen trade with Senegal: Senegal is the second-fastest growing economy in Africa and the fourth-fastest growing economy in the world, positioning this West African country as a key market of great strategic importance for countries in the Middle East. Dubai International Chamber, one of the three chambers operating […]
Read more »Why African Countries are Turning their Backs on Loans from Beijing
May 5th, 2024
Via The Africa Report, a look at why African countries are turning their backs on loans from Beijing: Chinese companies are no longer the end-all, be-all of international funds for several African countries, including the DRC, Zambia, Angola and Cameroon. A new power dynamic is taking shape, with China keeping a more discreet presence by […]
Read more »Russia Considering Creating Ports in Tanzania, Senegal, Algeria and Egypt
April 24th, 2024
Via Russia’s TASS News, a report that Russia is considering the possibility of creating ports in Tanzania, Senegal, Algeria and Egypt: Russia is considering the creation of ports to organize the flow of domestic goods with African countries, in particular in Tanzania, Senegal, Algeria and Egypt. Roman Chekushov, director of the department of international cooperation […]
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.