Archive for the ‘Nigeria’ Category

Why Is China Looking to Establish Banks in Nigeria?

Via The Diplomat, an article on how – for China – the establishment of banks in Nigeria presents an opportunity to further integrate itself with the financial systems of the African continent: During the commemoration of the 2021 Chinese Mid-Autumn Festival in Nigeria’s capital city, Abuja, Chinese Ambassador to Nigeria Cui Jianchun announced that he […]

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Nigeria’s Cratering Economy May Become Africa’s Biggest Threat

Via Bloomberg, a look at Nigeria’s weakening economy: If there was ever a time Nigeria could have taken off, it was in 1999. Democracy had been restored, with its economy reopening after decades of mismanagement and plunder under military dictatorships. Tomi Davies, a systems analyst, was one of thousands of Nigerians who came home to […]

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Demise of the Petrostates?

Via Foreign Policy, commentary on the impact of the oil price crash to petrostates from Nigeria to Iran, where governments rely on oil wealth to stabilize power and pay off competing interests: The epic collapse in the price of oil, set off by Russia and Saudi Arabia last weekend, has obvious winners and losers. The winners: […]

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Nigeria’s Largest Mobile Operator Is About To Become A Bank

Via Quartz, an article on MTN Nigeria’s move into formal banking: The fledgling mobile money market in Nigeria is about to get a major shake-up. MTN Nigeria, the country’s largest telecoms operator, has been granted a “super agent” license which allows it set up an agent network through which it can provide financial services. It’s the first […]

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Black Rhino Or White Elephant? Blackstone Retreats From Africa Investment Plan

Courtesy of The Wall Street Journal, a report on Blackstone’s decision to pull back from a pledge to invest $2.5 billion through an African infrastructure company called Black Rhino: Blackstone Group , BX -0.50% the world’s largest private-equity firm, has pulled back on a plan to invest billions of dollars across Africa, the latest U.S. investor to temper its ambitions […]

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How the “Next 11” Countries Could Power the World Economy

Courtesy of Barron’s, an interesting look at the Next 11: On a recent holiday in Vietnam, Cambodia, and Laos, I couldn’t resist thinking about these countries’ economic potential and ongoing policy challenges. After all, in 2005 my Goldman Sachs colleagues and I had listed Vietnam as one of the Next Eleven, or N-11, all countries […]

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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.