Archive for the ‘Somalia’ Category

Turkey: Making A Big Push Into Africa

Courtesy of The Economist, an article on Turkey’s diplomatic and corporate engagement into Africa: he recep tayyip erdogan hospital in Mogadishu, the capital of Somalia, is named after Turkey’s president. It has 47 intensive-care beds, more than any other in the country, but it does not treat covid-19 patients. “If we did, we would have to […]

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Somalis Changed Face of Money Transfers Worldwide

Via Quartz, an article on how Somalis changed the face of money transfers worldwide: Somalia’s money transfer market is one of the most developed in the world, characterized by a large diaspora sending billions of dollars home in remittances each year and a local population that prefers mobile money to cash. Latest data from the […]

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Somali Leaders Reject ‘Illegal’ Oil Deal with US Company

Via The Frontier Post, a report that Somali leaders have rejected a recently-signed oil deal: Somalia’s president and premier have declared null and void a deal signed by their energy minister with a US company to explore for oil and gas off the coast of the troubled Horn of Africa nation. Minister of Petroleum and […]

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Somaliland Offers U.S. Military Access to Port, Airfield as It Pushes for Nationhood

Courtesy of the Wall Street Journal, an article on Somalialand: Somaliland, a peaceful corner of violent Somalia, is offering the U.S. military use of a seaport and airfield overlooking strategic maritime routes in exchange for steps toward recognizing the region as a sovereign country. Hoping to capitalize on growing U.S. concern over Chinese expansionism in Africa, […]

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War-Ridden Somalia Starts Payments System as It Rebuilds Nation

Via Bloomberg, an article on a national payment system recently set up in Somalia: Somalia has set up a national payments system as part of plans to develop the financial industry in one of the world’s most fragile states, following decades of political and economic instability. The 13 lenders in the Horn of Africa nation […]

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Somaliland Opens New Berbera Port Terminal

Via African Business, a report on the development of Somalialand’s Berbera port, which reduces landlocked Ethiopia’s reliance on the port of Djibouti for trade, and fuels optimism in the breakaway region of Somaliland: UAE port operator DP World and the government of Somaliland opened a new container terminal in the Berbera port on Thursday, signalling […]

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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.