Rare Debt Deal Brings Somalia in From the Cold
December 15th, 2023
Via Bloomberg, a report on Somalia’s debt deal: Somalia is coming in from the cold. On Wednesday, the Horn of Africa nation ended three decades of being locked out of the global financial system when it signed an agreement with multilateral lenders canceling $4.5 billion of debt it couldn’t repay. It’s a testament to the […]
Read more »Acumen, Climate Fund Have $250 Million Solar Plan for Africa’s Poorest Nations
December 5th, 2023
Via Bloomberg, an article on the Hardest-To-Reach Initiative: Hardest-to-Reach Initiative focuses on 16 African nations Countries targeted include Congo, Somalia and Sierra Leone The world’s biggest climate fund is backing Acumen, a US-based company that promotes universal energy access, in establishing a $250 million facility to bring electricity from off-grid solar projects to 72 million […]
Read more »East African Trade Bloc Welcomes Somalia
December 1st, 2023
Via Geopolitical Futures, a look at Somalia’s entry into the East African Trade Bloc: Somalia’s accession to the East African Community marks a significant geopolitical shift, despite the country’s struggles with al-Shabab, environmental catastrophes, violent separatist movements and governance issues. The move promises to be mutually beneficial. To accept Somalia, the EAC – not for […]
Read more »The Horn Of Africa States: Is A Regional Bloc A Lost Cause?
November 30th, 2023
Via Eurasia Review, rather sober commentary on the prospects for the Horn of Africa: It must certainly look that possibilities of a new regional block comprising the Horn of Africa States of Somalia, Ethiopia, Eritrea and Djibouti are fading. Ethiopia recently applied to join the BRICS grouping and its admittance is expected to be official […]
Read more »How Capitalism is Destroying the Horn of Africa: Sheep and the Crises in Somalia and Sudan
November 26th, 2023
Via the Review of African Political Economy, commentary on how the ongoing crisis in the Horn of Africa can be linked to a violent transnational extractive economy that links the Horn and the Gulf States. The authors note that Sudan and Somalia, two countries that have suffered sustained violence in recent years, were together supplying 90% […]
Read more »UAE Faces Pushback on African Investments
November 8th, 2023
Courtesy of Foreign Policy, a report on how Abu Dhabi’s heavy investmnent in ports and land across the continent is facing public backlash and competition from Beijing: In a bid to become the hegemonic power in the Middle East and outperform other Persian Gulf nations, such as Saudi Arabia and Qatar, the United Arab Emirates […]
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.