Emerging Markets
Latin America, Africa and the Middle East: the currencies, commodities and companies of the emerging world.
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Japaul Gold’s pre-tax profit falls 13% in 2025 despite 28% revenue growth
Japaul Gold & Ventures Plc reported a group pre-tax profit of N1.30 billion for the year ended 31 December 2025, representing…
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Caverton reports pre-tax loss of N13.87 billion in 2025 as revenue declines
Caverton Offshore Support Group Plc has released its 2025 audited results for the period ended December 31, 2025, reporting a pre-…
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For Titilayo Adesoga, agriculture isn’t just about food—it’s about who gets the opportunity to grow.
As she launches the FudFarmer Foundation, Titilayo Adesoga is championing greater access and opportunity for women across Nigeria&…
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Naira slips to N1,576/€1 against Euro despite strong external reserves
The naira experienced a slight depreciation against the major European currency this week, with the CBN's latest data indicating i…
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Nigeria’s 6 fastest-growing sectors employ just 2.7% of workers – CardinalStone
Nigeria's six fastest-growing sectors account for just 2.7% of the country's workforce despite recording average annual growth rat…
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Trump threatens Iran with '1,000 missiles' over alleged assassination plot
US President Donald Trump warned that "1,000 missiles" are armed and aimed at Iran, ready to strike the country should Tehran atte…
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Apple sues OpenAI over alleged trade secret theft
Apple has filed a lawsuit against OpenAI, accusing the artificial intelligence company of orchestrating a coordinated effort to ob…
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Milei plans regional tour seeking investment, with a Bolsonaro visit that irks Lula
Argentine President Javier Milei announced a busy international schedule for the coming weeks, with trips to Brazil, Peru, Colombi…
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FG, NIMC to extend trusted digital identity to 80 million learners
The Federal Government is extending trusted digital identity coverage to nearly 80 million learners across Nigeria's education sys…
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CardinalStone cuts Nigeria’s 2026 growth forecast to 4.2%, sees rate cuts after 2027 elections
Investment firm CardinalStone has revised its forecast for Nigeria’s economic growth in 2026 to 4.2%, down from an earlier project…
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CREDICORP, NGGCL sign risk-sharing deal to expand consumer credit for Nigerians
The Nigerian Consumer Credit Corporation (CREDICORP) and the National Credit Guarantee Company Limited (NCGCL) have signed a Memor…
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SAERI launches new research projects across the Falklands and South Atlantic
The South Atlantic Environmental Research Institute (SAERI) has secured funding for a series of new scientific projects aimed at s…
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IMF welcomes Milei's reform proposal for Argentina's Central Bank
Multilateral lender welcomes Milei administration's proposal for Central Bank; IMF Managing Director Kristalina Georgieva will vis…
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YPF plans to drill off Uruguay in 2027, says potential could top Vaca Muerta
Argentina's state oil company YPF plans to begin exploratory drilling of an offshore block off the coast of Uruguay between late 2…
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Falklands planning business delegation to Uruguay to buy construction materials, ‘costs the crux of the issue”
Talks are continuing over a potential Falkland Islands business delegation to Uruguay later this year. Organized by Falkland Islan…
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Unbreakable Albiceleste propel Lionel Messi's final World Cup mission
No team had ever recovered from a 2-0 deficit with so little time remaining in a World Cup match, but Argentina refused to let Mes…
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Argentina’s political parties look for ways to avoid extremes
With next year’s election set to offer a referendum on President Javier Milei’s reformist agenda, some influential business leader…
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Argentina to repay US$4 billion, defying critics who doubted tack
Argentina is set to make a major payment on its dollar bonds this week, pulling off a feat few investors thought possible. Leer má…
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IMF confirms 3.5% growth forecast for Argentina in 2026
Multilateral lender’s chief Kristalina Georgieva to visit Buenos Aires this month; International Monetary Fund sees Argentina’s ec…
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Argentina unveils US$1.2-billion nuclear reactor plan amid CNEA lay-offs row
US-Argentine firm Meitner Energy will invest US$1.2 billion in a 300-megawatt modular reactor at the Atucha site, the government a…
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IMF names Tucumán-born economist Silvana Tenreyro to key position
International Monetary Fund says Argentine, British, and Italian national Silvana Tenreyro will serve as the lender’s new chief ec…
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Egypt were 'cheated' in controversial World Cup exit to Argentina, says coach
"Perhaps they wanted to keep the world champions in the competition. Perhaps they wanted Messi to stay in the running," says Egypt…
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Milei wants US-style 'shutdown' mechanism for Argentina's government
President begins to trail new legislative package that would allow government to “shut down” as in United States and ban the Centr…
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Central Bank survey sees inflation dipping below 2% from August
REM market expectations survey of consultancy firms, economists and experts forecasts 2026 annual inflation of 30%, with peso trad…