Emerging Markets
Latin America, Africa and the Middle East: the currencies, commodities and companies of the emerging world.
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Moniepoint pulls plug on MonieWorld after 14 months, refocuses on Nigeria, Kenya
Moniepoint is winding down MonieWorld, its UK-based remittance business, just 14 months after launch, in a strategic retreat from …
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Moniepoint winds down UK remittance business MonieWorld
Moniepoint Inc. has announced plans to transition its UK-based remittance business, MonieWorld, as the fintech group redirects cap…
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How Carlos Baleba’s arrival could transform Man United’s midfield
Manchester United have completed the signing of Cameroon midfielder Carlos Baleba from Brighton in a deal worth £70 million, addin…
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Customs names Olusola Salako Acting Controller of Lilypond Export Command
The Nigeria Customs Service (NCS), Lilypond Export Command, has named Deputy Comptroller Olusola Salako as its Acting Customs Area…
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Telecoms giant MTN eyes banking licences as it pushes deeper into lending
Africa’s largest telecoms operator MTN Group is exploring banking licences in select markets as the company looks to expand …
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Victoria Island to deliver 602 new homes in 2026 amid rising Lagos rents
Victoria Island is expected to deliver more than 602 residential units in 2026 as developers continue to expand housing supply acr…
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Universal Insurance drags NAICOM to court, secures leave to challenge licence revocation
Universal Insurance Plc has commenced legal action against the National Insurance Commission (NAICOM) following the revocation of …
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Nigeria, Ghana drive MTN’s cash flow rebound as funds return to Johannesburg
MTN Group sees financial recovery as Nigeria and Ghana emerge as major contributors to the South African telecom giant’s cash read…
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Dangote plans ship acquisitions to beat Nigeria’s export vessel shortage
Africa’s richest man could not find a single ship to transport just 1,000 tonnes of his cement from Nigeria to read more Dangote p…
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Foremost Capital secures BBB+ rating as asset base, earnings strengthen
Foremost Capital Limited has secured a BBB+ credit rating from DataPro, an independent Nigerian credit-rating and compliance consu…
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Chile angered by Argentine Air Force chief's Magellan remarks
Santiago says it will lodge a formal complaint after Brigadier General Gustavo Javier Valverde called the Strait of Magellan and t…
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Baseline Media Targets Premium Entertainment Market With ‘Grown and Sexy’
Baseline Media and Entertainment is set to enter Nigeria’s premium entertainment and lifestyle market with the launch of ‘Grown an…
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Ghana tightens gold exports, orders local refining from September
Ghana will require artisanal gold bought by self financing aggregators to be refined locally before it can be exported from read m…
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FG links Carter Bridge failure to detached piles, corrosion, illegal mining
The Federal Government has attributed the failure of Lagos’ Carter Bridge to detached piles, significant corrosion, inadequate mai…
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Argentina's exports set to top US$100 billion this year, LCG says
Argentina’s exports could clear the US$100-billion mark this year; Trade surplus, LCG says, will top US$20 billion – almost double…
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Ghana to ban export of unrefined artisanal gold from September 1
Ghana will ban the export of unrefined artisanal gold dore purchased under approved off-take arrangements from September 1, 2026, …
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Quito Planetarium Lists Free Entry and Booking Rules
The Quito planetarium offers free entry according to a 2021 city listing, but booking rules apply for groups. Latest show times ar…
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REITs vs OMO bills, where should Nigerian investors put their money?
With the Central Bank of Nigeria reopening Open Market Operations (OMO) securities to individuals, companies and non-bank financia…
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Rosario Restaurants: New Openings, Addresses and Hours
Rosario restaurants are booming with new openings like Negre and Cero 341, while historic spots like Comedor Balcarce and Chopería…
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Presco faces earnings pressure despite expansion plans
Presco Plc’s near-term earnings are facing pressure from stagnant revenue growth, higher operating costs and an increase in its nu…
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Linda Quaynor makes history as first female UBA Ghana board chair
Linda Naa Dzama Quaynor has made history at United Bank for Africa (UBA) Ghana after being appointed the bank’s first read more Li…
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Nigerian tycoon Tony Elumelu set to earn another $14.45m from Seplat Energy dividend
Nigerian billionaire businessman Tony Elumelu is set to receive another $14.45 million from Seplat Energy this week, taking his to…
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Lagos Angel Network seeks to make local investors the first backers of Nigerian startups
Lagos Angel Network is pushing to make Nigerian investors the first source of capital for the country’s early-stage startups, as r…
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Nigeria, Ghana become MTN’s cash engines, sending R9.3bn to Group in H1 2026
Nigeria and Ghana are becoming increasingly important to MTN Group’s financial engine, sending R9.3 billion to the telecom giant i…