Emerging Markets
Latin America, Africa and the Middle East: the currencies, commodities and companies of the emerging world.
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Cloud dependence exposes African AI startups to hidden cost risks – Expert
African AI startups could be exposed to hidden financial and operational risks from their dependence on cloud computing providers,…
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Nigeria’s Exports to China Jump 81% After Tariffs End
Nigerian goods sold to China reached US$2.25 billion in the first half of 2026, an 81% rise, after Beijing scrapped tariffs on 53 …
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Shell and NNPC Sign Terms for US$21 Billion Bonga Project
NNPC and its partners signed an addendum to the OML 118 production sharing contract, moving the Bonga South West Aparo deepwater p…
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US$286 Million in African Music Royalties Goes Missing Every Year
A new US programme is training African artists, producers and officials in intellectual property, targeting royalties that never r…
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A Frozen US$140 Million Loan Stalls Cameroon’s First Bauxite Mine
AFG Bank Cameroon suspended disbursements on a US$140 million facility, and Canyon Resources withdrew its timetable for shipping t…
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Angola Awards US$492.89 Million Dam Deal to Its Own Lender
A presidential decree hands Capanda rehabilitation work to a consortium including Gemcorp, whose credit lines with the finance min…
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MTN to develop 150MW AI data centres in Nigeria, South Africa with UAE-backed investor
MTN Group plans to develop AI-enabled data centres with an initial capacity of about 150 megawatts (MW) across Nigeria and South A…
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Nigeria has bought macroeconomic stability. Now it must make it worth the price
Nigeria has spent three years paying for economic stability. Now it must show what the purchase was for. The reforms read more Nig…
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Nigeria's new Personal Pension Plan targets informal sector capital
The National Pension Commission has introduced a voluntary Personal Pension Plan to capture savings from Nigeria's vast informal w…
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BusinessDay 26th Aug 2026
read more BusinessDay 26th Aug 2026
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WORLD IN BRIEF:Canada hits US with 50% tariffs, China rejects Iran sanctions, Tanzania VP resigns and other stories
Canada retaliates with 50% tariffs as US trade war escalates Canada has announced retaliatory tariffs of up to 50 percent read mor…
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Reforms fail to lift Nigeria’s manufacturing beyond 9% GDP in 10 years
Nigeria’s manufacturing sector has remained trapped in single-digit contribution to the nation’s Gross Domestic Produc…
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Techint Executive Confirms Near $1 Million Cash Payment to Former Argentine Official
A former administrative director of the Techint Group testified that he delivered nearly $1 million in cash to a government offici…
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New assessment rules: FG mandates digital CA portals for WAEC, NECO
The federal government has rolled out uniform continuous assessment (CA) guidelines that compel the West African Examinations Coun…
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Rodríguez Says Venezuela Exchange Rate Gap Fell to 12.3 Percent
Acting President Delcy Rodríguez said the Venezuela exchange rate gap fell to 12.3 percent and oil output exceeded 1.23 million ba…
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Brazil Police Raid Municipal Offices in Banco Master Pension Probe
Federal Police raided Campo Grande's municipal pension institute, a city secretariat and suspects' homes over roughly US$233,000 i…
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Bolivia Ends Diesel Subsidy for Large Consumers as YPFB Admits Crisis
YPFB admitted a structural crisis as Bolivia ended the diesel subsidy for large consumers, roughly doubling the price to about US$…
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BTG Pactual Gets Green Light to Trade Natural Gas in Colombia
BTG Pactual confirmed on 24 August 2026 that it received authorization to trade natural gas in Colombia. The same week, Minerva In…
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Colombia Quake Insurance Claims Triple as Court Weighs Pension Reform
Fasecolda reported 36,415 claims from the 10 August 2026 earthquake, with an estimated settlement cost of about US$394 million. Cl…
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YPF Seeks Record US$16 Billion Loan as Milei Faces Congress Test
YPF tapped JP Morgan to raise up to US$16 billion for Phase 3 of Argentina LNG, a record project finance deal. The same week, the …
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Foreign Investors Return to B3 as Squadra Flags Hapvida Mistake
Foreign investors put US$331 million into B3 equities on 21 August 2026 as the Ibovespa rose 1.85 percent. The same week, Squadra …
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Argentine trips abroad fall 21.2% as Brazil and Uruguay lead arrivals
The number of Argentine residents leaving the country in July fell 21.2% year on year, to 1.22 million people, according to the in…
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Argentina’s ‘lost decade’ – formal private employment still at 2016 levels
Companies have cut back on their hiring and the search for staff has fallen to its lowest levels in the past year; Surveys warn ab…
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Music veteran Dolly Parton dies at 80
Dolly Parton, the American country music star whose career spanned nearly six decades across music, film, television and business,…