Archive for the ‘Angola’ Category

Why Angola Struggles To Shake off Its Economic Dependence On China

Via The South China Morning Post, an article on why Angola struggles to shake off its economic dependence on China: When João Lourenço was sworn in as Angolan president in 2017, there was a lot of public optimism that better days were ahead. Lourenço, a former defence minister and independence fighter, promised to curb corruption and diversify […]

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What Africa’s Telecom Sector Is Doing With Its Booming Global Funding

Via Quartz, a look at what Africa’s telecom sector is doing with its booming global funding: Telecom and tech companies in Africa are reaching new milestones, capitalizing on renewed international investor interest to pour money into infrastructure development, finance the roll-out of data centers, propel fiber connectivity to new areas, and deploy new mobile networks in key markets. […]

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Angola’s Reform Plans Face Challenges

Via African Business, a report on Angola’s reform plans: João Lourenço’s presidency was hailed as a new dawn for Angola. The former defence minister promised to stop the rot in Africa’s second largest oil producer after 38 years of tightly controlled family rule under former strongman President José Eduardo dos Santos. When he came to office […]

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Africell Formalizes Contract with Angola to Launch New MNO In 2021

Via Angola24, a report on new MNO in Angola: More than half of the countries in the Africell Group today formalized the contract with the Government of Angola to become the fourth global telecommunications operator and start offering services later this year, the company announced today. In a statement, the company said it plans to […]

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Angola: The OPEC Producer Looking To Sell A Stake In Its Oil Company

Via, a report on Angola’s Sonangol: OPEC producer Angola plans to raise much-needed cash via selling a stake in its state oil firm Sonangol by early 2022 as the crash in oil prices—and the pandemic—severely weakened the country’s finances. Angola is considering selling part of Sonangol, as well as a stake in the national […]

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Angola’s Privatization Program to Generate $160 Million

Via Africa Oil & Power, an article on Angola’s planned privatization program: Angola’s Privatization Program is expected to generate over $160 million (100 billion Angolan Kwanzas) in revenue through the divestment of 51 state assets this year.  Forty-five companies will complete the process of privatization by the end of this month, with the rest to […]

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About This Blog
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.