Archive for the ‘Sudan’ Category

Saudi Wealth Fund Plans to Invest $24 Billion in Regional States
October 26th, 2022

Via Bloomberg, a report on Saudi plans to invest in MENA countries: Saudi Arabia’s sovereign wealth fund plans to invest $24 billion in Middle Eastern and North African countries as the oil-rich kingdom seeks to bolster regional economies. The Public Investment Fund plans to set up companies to invest in Bahrain, Oman, Jordan, Iraq and Sudan, according to […]

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First U.S. Ambassador To Sudan In 26 years
September 2nd, 2022

Via Sudan Tribune, a report on the first U.S. ambassador to Sudan in 26 years: John Godfrey, the first U.S. Ambassador to Sudan for 26 years, presented his credentials to the head of the military-led Sovereign Council Gen Abdel Fattah al-Burhan, on Thursday. “I look forward to strengthening the U.S. relationship with the Sudanese people, supporting […]

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Russia: Using Sudan’s Gold To Fund Ukraine War Effort
July 30th, 2022

Via CNN, a report on Russia’s alleged plundering of gold in Sudan to boost Putin’s war effort in Ukraine: Days after Moscow launched its bloody war on Ukraine, a Russian cargo plane stood on a Khartoum runway, a strip of tarmac surrounded by red-orange sand. The aircraft’s manifest stated it was loaded with cookies. Sudan rarely, […]

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Sudanese Fintech Blooms
July 22nd, 2022

Via Tech Crunch, a report on Sudanese fintech company Bloom, which recently raised US$6.5M backed by Y Combinator, GFC, and Visa: Bloom, a Sudan-based fintech that offers a high-yield savings account and adjacent digital banking services, has raised a $6.5 million seed round. This investment is coming after the startup’s undisclosed pre-seed round last year. […]

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Russia’s Dreams of a Red Sea Naval Base Are Scuttled—for Now
July 16th, 2022

Via Foreign Policy, an article on Russia’s scuttled plans for a Red Sea Naval Base in Sudan: Russia’s hopes of establishing a naval base at Port Sudan on the Red Sea, one of the world’s busiest waterways, have run aground, according to two U.S. intelligence officials who spoke to Foreign Policy on condition of anonymity.  U.S. officials have […]

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‘From Russia With Love’: A Putin Ally Mines Gold and Plays Favorites in Sudan
June 6th, 2022

Courtesy of The New York Times, a report on how the shadowy network known as the Wagner Group is getting rich in Sudan while helping the military to crush a democracy movement: In a scorched, gold-rich area 200 miles north of the Sudanese capital, where fortunes spring from desert-hewn rock, a mysterious foreign operator dominates the […]

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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.