Emerging Markets
Latin America, Africa and the Middle East: the currencies, commodities and companies of the emerging world.
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Bitcoin at US$79,027, Solana Jumps 5.76%: Crypto Wrap
Bitcoin settled at US$79,027, while Solana gained 5.76% and Ethereum rose 2.58%. A hot US inflation print and stablecoin dominance…
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BusinessDay 27th Aug 2026
read more BusinessDay 27th Aug 2026
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Boko Haram faction captures 90 percent of Nigeria kidnapping ransom revenue
A shift toward mass abductions has transformed Nigeria’s kidnapping trade into a highly efficient financing engine for insurgents,…
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Zimbabwe inflation drops below three percent as stock market leads Africa
Zimbabwe has reduced annual inflation to below three percent and seen its stock market outperform the continent, testing whether s…
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Argentine deputies pass bill to bar Central Bank from financing Treasury
Argentina's lower house approved legislation stripping the Central Bank of its power to print money for the government, a pillar o…
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Nigeria wants solar to deliver returns, not just more megawatts
…Ends free electricity era for universities, hospitals Nigeria’s rural electrification drive is entering a new phase, and it…
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Presidency says Atiku’s fuel subsidy plan lacks clarity
…..Says inconsistencies in Atiku’s camp, depicts lack of basic understanding of fuel sector The Presidency has chided …
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Dangote’s $5bn IPO bet hinges on a crude reality
Dangote Refinery’s planned $5 billion stock market debut could become Africa’s biggest initial public offering, but beneath the re…
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MTN seeks local investors for $1.1bn IHS Nigeria stake to meet deal condition
MTN Group is seeking Nigerian investors to buy a 30 percent stake in IHS Nigeria, a move that could raise read more MTN seeks loca…
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Carter Bridge faces 24-month repair window on critical structural failure
The Federal Government has blamed the structural failure of Lagos’ 1.58-kilometre Carter Bridge on detached piles, significant cor…
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Nigerian equities sell-off stretches to 11th straight session, wiping out N260 billion
Resuming after the Eid-Ul-Mawlid public holiday, the Nigerian equities market extended its bearish run on Wednesday, August 26, 20…
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MTN eyes investors for $1.1bn IHS Nigeria stake after deal with regulator
MTN Group Ltd. is seeking local investors to acquire a 30% stake in IHS Nigeria Plc. under an agreement with read more MTN eyes in…
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FG seeks strategic review of Nigeria-Thailand relations, targets agriculture and technology
The Federal Government has initiated moves to strengthen and expand its bilateral relationship with Thailand, with plans to deepen…
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Atiku, APC clash over ‘thieves’, ‘stolen economy’ allegations
Atiku Abubakar, former Vice President and presidential candidate of the African Democratic Congress (ADC), and the All Progressive…
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Nigeria drops 12 places in global poorest economies ranking
Nigeria has fallen 12 places in the 2026 Global Finance ranking of the world’s poorest countries, highlighting a decline in read m…
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HOPE‑EDU: FG boosts capacity of south-west, north-central SUBEB directors, others
The federal government, through the Hope Education Programme (HOPE-EDU), the Office of the Minister of Education, in collaboration…
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Oddone Sees Uruguay Fiscal Outlook Improving, 2.1% Growth in 2027
Uruguay's economy minister projected fiscal improvement and faster growth for 2027, leaning on new budget revenue tools and a July…
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Dominican Republic Adopts IHRA Definition of Antisemitism
President Luis Abinader announced the adoption at the Sixth Latin American Forum against Antisemitism in Santo Domingo and pledged…
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ECLAC: Panama Canal Economy Still the Engine as Growth Seen at 4.4%
The UN economic commission projects Panama will grow 4.4% in 2026 and 4.6% in 2027, roughly double the Latin American average, wit…
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VFD Microfinance Bank taps ex-Standard Chartered executive to lead new growth phase
VFD Microfinance Bank has appointed former Standard Chartered executive Nonso Kenneth Okoye as its new managing director, placing …
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El Salvador Food Inflation Falls to Region’s Second-Lowest in July
Food and non-alcoholic beverage prices in El Salvador rose 2.49 per cent in the year to July, down from 3.02 per cent in June, the…
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Guatemala Maps 924 Vulnerable Settlements as Enade Targets Homicides
Guatemala's RAI registry has mapped 924 informal settlements in nine of ten urban nodes, and the Enade business summit proposed cu…
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US Backs Honduras Energy Reform as Liberal Deputies Split on Bill
US chargée d'affaires Colleen Hoey met Congress president Tomás Zambrano to reaffirm backing for the Honduras energy reform, as th…
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IFX Data Centers Get US$400 Million AI Upgrade Across the Region
IFX unveiled a new corporate identity and a plan to invest more than US$400 million in 2026-2027 to expand AI-ready data centers, …