Emerging Markets
Latin America, Africa and the Middle East: the currencies, commodities and companies of the emerging world.
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Lithium Wrap: LIT, Albemarle, SQM Fall on Aug 25
LIT, Albemarle and SQM slid on Tuesday, August 25, 2026 as Chinese futures reversed. Read the Lithium Triangle and EV-battery dema…
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Iron Ore Wrap: Vale ADRs Rise 1.93% on Steady China
Iron ore held near flat on Tuesday, August 25, 2026, while Vale's New York shares jumped. Read the drivers for Brazil's mining gia…
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Dangote Refinery raises petrol price again to N1,200/litre
Dangote Refinery has raised its gantry price for Premium Motor Spirit (PMS), popularly known as petrol, by N15 to N1,200 read more…
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Gold, Silver Ease From Three-Month Highs
Gold held near a three-month high while silver pulled back on Tuesday. A softer dollar and lower real yields framed the move. Here…
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Nigeria doesn’t need another fuel subsidy debate. It needs a credible mechanism
When former Vice President Atiku Abubakar unveiled the petroleum component of the Atiku Economic Recovery Plan (AERP), the immedia…
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Agri-processing is the anchor load rural mini-grid need – PIND CEO
As West Africa navigates the dual pressures of macroeconomic shifts and climate change, the race to build sustainable, climate-res…
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IMF urges Nigeria, AU’s largest economies to deepen fiscal, monetary, governance reforms
The International Monetary Fund (IMF) has called on Nigeria and other major African economies to deepen reforms across fiscal poli…
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Saipem and CHEC Land Algeria’s Big Phosphate Contracts
Sonatrach and the Algerian Fertilizers Company awarded engineering contracts to Saipem and China Harbour Engineering for a phospha…
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Afreximbank’s Profit Rose 30% in a Rough Year for Its Members
The Cairo-based trade bank reported net income of US$534.7 million for the first half of 2026, with lending up and non-performing …
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Record 70,177 Tonnes Lift Congo’s Kipushi Into Zinc’s Top Three
Kipushi produced a record 70,177 tonnes of zinc in the second quarter as prices reached their highest level since 2022, lifting a …
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Kagame Says Rwanda Wants a Stake in Dangote’s Lamu Refinery
Rwanda is weighing a stake in the US$16 billion refinery Aliko Dangote plans at Lamu, President Paul Kagame said, though he cautio…
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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…