Archive for the ‘Somalia’ Category

The Somali Gold Rush Endangering Frankincense and Myrrh

Via BBC, a report on how a modern-day gold rush in Somaliland is putting the ancient perfume trade in frankincense and myrrh at risk: “The gold, frankincense and myrrh brought by the three wise men to baby Jesus definitely came from here,” said the old man sitting in the dust under a tree. I met Aden […]

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The Horn Of Africa States: The Inter-Connectivity Gaps

Via Eurasia Review, commentary on the inter-connectivity challenges faced by the Horn of Africa states:  This is the first day of year 2023. It is a good time to welcome it with an article on the inter-connectivity gaps of the Horn of Africa States, highlighting what they have been telling the region to do and […]

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Somalia’s Federal Government Declares Genel Energy Operations in Somaliland Illegal

Via Oil News Kenya, a report that Somalia’s federal government has declared Genel Energy’s Somaliland operations illegal: Somalia’s Ministry of Petroleum and Mineral Resources has condemned Genel Energy’s activities in the autonomous region of Somaliland terming them as illegal. According to s statement by the ministry warns  Genel Energy of the potential risks to its […]

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The Horn Of Africa States: A Call For Economic Cooperation

Via Eurasia Review, commentary calling for greater economic cooperation among Horn of Africa nations: Detail of map of Greater Horn of Africa. Credit: Wikipedia Commons There is a myriad of challenges in the Horn of Africa States from regional challenges to local state level challenges. These are challenges ranging from economic to social political and […]

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Somalia Signs Oil Production-Sharing Agreement With US Company

Via Bloomberg, a report that Somalia has signed an oil production-sharing agreement with a US company: Somalia’s government signed an oil-production sharing agreement with US-based Coastline Exploration Ltd., the latest step toward developing the war-torn nation’s energy industry. Coastline, based in Houston, Texas, paid $7 million to the government for seven agreements and will now proceed […]

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Maritime Investment Tightens UAE’s Grip On Africa

Via The Africa Report, an article on UAE’s investment into African port infrastructure: The United Arab Emirates (UAE) is in a prime position to ramp up its influence on the Red Sea corridor and the Horn of Africa, thanks to billions of dollars’ worth of port projects that empower the Emiratis to stave off competition […]

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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.