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Brazil’s 2026 Fiscal Deficit Forecast Worsens to US$11.3 Billion as the Central Bank Lines Up a US$1 Billion Dollar Auction●Vibra Energia’s Q2 Profit Soars 705% to US$451 Million●Cosan Quits Wall Street and Spins Off Its US$490 Million Farmland Arm●Argentina Growth Stuck Near 2%, Central Bank Chief Concedes●Lalithaa Jewellery Mart IPO kicks-off on 17 August: GMP hints 11% listing pop; check 10 key things to know●Ibovespa Slides for a 9th Straight Session as Citi Drops Brazil’s Real on a Likely Lula Win●S&P Upgrades Ecuador to ‘B’, Its First Rating Lift in Six Years●Bolivia Country Risk Falls to 407 Points, Below Argentina and Ecuador●Brazil’s 2026 Fiscal Deficit Forecast Worsens to US$11.3 Billion as the Central Bank Lines Up a US$1 Billion Dollar Auction●Vibra Energia’s Q2 Profit Soars 705% to US$451 Million●Cosan Quits Wall Street and Spins Off Its US$490 Million Farmland Arm●Argentina Growth Stuck Near 2%, Central Bank Chief Concedes●Lalithaa Jewellery Mart IPO kicks-off on 17 August: GMP hints 11% listing pop; check 10 key things to know●Ibovespa Slides for a 9th Straight Session as Citi Drops Brazil’s Real on a Likely Lula Win●S&P Upgrades Ecuador to ‘B’, Its First Rating Lift in Six Years●Bolivia Country Risk Falls to 407 Points, Below Argentina and Ecuador●

Emerging Markets

Somdia Sells SOSUCAM Stake to Cameroonian Consortium With US$243 Million Plan

The Rio Times · 58m ago · 🇧🇷 Brazil

Somdia Sells SOSUCAM Stake to Cameroonian Consortium With US$243 Million Plan

Cameroon · DEALS Key Facts —The seller: Somdia, the agro-industrial arm of France’s Castel family group, is selling its entire 82% controlling stake in SOSUCAM. —The buyer: A five-member Cameroonian consortium including William Nkontchou, Joseph Pagop Noupoué, Henriette Noutchougouin, Igor Djoukwé and Marcel Tchagongom. —The investment: The consortium has announced a multi-year programme of 210 […] The post Somdia Sells SOSUCAM Stake to Cameroonian Consortium With US$243 Million Plan appeared first on The Rio Times .

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