Emerging Markets
Latin America, Africa and the Middle East: the currencies, commodities and companies of the emerging world.
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The US will control 55% of output from the new oil company in Venezuela
US President Donald Trump announced on Friday an agreement with Venezuela's interim government granting Washington majority contro…
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Why Accra is emerging as West Africa’s preferred real estate & tourism destination
… as Devtraco Plus Woos Nigerian Investors Leading Ghanaian luxury real estate developer Devtraco Plus has formally launched…
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Temiloluwa Bayode: How a Nigerian PR expert is building an eight-figure creative business
In Nigeria’s growing creative economy, public relations is increasingly moving beyond publicity and media coverage into bran…
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How Akeula Omogbolahan is changing the face of tailoring business in Nigeria
A new generation of Nigerian fashion entrepreneurs is emerging from a changing tailoring industry, and at the centre of that read …
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US Secures Majority Control of 65 Billion Barrels of Venezuelan Oil Reserves
The agreement promises to more than double US petroleum reserves and inject $100 billion into Venezuela, though private investors …
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Xenophobia: SA-based Nigerian lawyer commends FG’s evacuation efforts, urges further action
  A South Africa-based Nigerian lawyer, Ugochukwu Anyiam, has called on the Federal Government to intensity efforts to evacua…
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WhatsApp to start charging businesses for customer replies from October
Businesses that rely on WhatsApp to communicate with customers will face a new operating cost from October 1, 2026, as read more W…
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EFCC extradites two Nigerians to US over alleged sextortion of teenagers
The Economic and Financial Crimes Commission (EFCC) has facilitated the extradition of two Nigerians, Mudashiru Afeez Olawale and …
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The US waives beef tariffs for Brazil and Paraguay, but not for Argentina and Uruguay
US President Donald Trump signed a proclamation on August 26 temporarily waiving tariffs on imports of up to 300,000 tonnes of lea…
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Tinubu orders forensic audit of IPPIS, federal agencies over ‘fake’ entities
President Bola Tinubu has directed the Minister of Finance and Co-ordinating Minister of the Economy, Taiwo Oyedele, to oversee an…
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Vatican warns states struggle to regulate concentrated artificial intelligence power
Pope Leo XIV’s warning about the concentration of artificial intelligence in the hands of a few major players signals growing inst…
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Saudi Arabia limits new businesses to recruit only 5 expats in foreign hiring crackdown
….businesses operational for more than two years can hire 50 foreign workers Saudi Arabian authorities have introduced a vis…
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Nigeria allocates N365 million to fund and commercialize academic research
The Nigerian government has launched a N365 million national research prize that rewards commercial viability alongside academic r…
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Canada raises study permit funds requirement to C$23,448 from September 1
Canada will increase the financial requirement for international students applying for study permits from September 1, 2026, with …
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Nigerian equities rally continues with N1.38 trillion gains as FTSE Russell lift sentiment
The Nigerian equities market extended its rebound on Friday, August 28, 2026, delivering its strongest single-session gain in thre…
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Ecuador orders investment fund administrators to raise capital buffers
Ecuador’s financial regulator has mandated higher capital requirements for 119 investment funds and trust administrators, a move e…
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ANTT Clears Auction of Brazil’s 733-Kilometre Minas-Rio Rail Corridor
Brazil’s land transport regulator has approved the auction of a key freight railway, setting a precedent for transitioning existin…
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Uruguay Wants a Beef Market in Vietnam as Mercosur Opens Trade Talks
URUGUAY · TRADE Key Facts —What happened: Mercosur and Vietnam held their first in-person round of trade talks, led on …
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Rio Santos Dumont Airport Reopens After Jet Skid Disrupts Key Domestic Shuttle
A business jet skidding off the runway at Rio’s Santos Dumont Airport halted operations for hours, highlighting the operational fr…
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Itaú BBA Cuts Chile’s CMPC to a New Floor Over Its US.6 Billion Natureza Megaproject
CHILE · MARKETS Key Facts —What happened: Itaú BBA cut its CMPC price target to 1,030 pesos (US$1.12), the lowest …
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Mercado Libre to Triple Its Logistics Network in Chile by 2027
CHILE · BUSINESS Key Facts —What happened: Mercado Libre will triple its logistics capacity in Chile, from 140,000 to 4…
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Strait of Hormuz Declared Open After US Mine-Clearing: What It Means for Latin America
GLOBAL BACKDROP · ENERGY & FREIGHT Key Facts —What happened: US Central Command said on 27 August it cleared all Ir…
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Tinubu links Nigeria’s economic ambitions to stronger national security
President Bola Tinubu has declared that securing the lives and property of Nigerians remains non-negotiable, stressing that sustai…
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AFRICA FINANCE IN BRIEF: Inflation diverges as Tanzania, Zimbabwe, Kenya and Rwanda see key economic shifts
Across Africa this week, the economic picture remained mixed as some countries made progress in taming inflation while others tigh…