Emerging Markets

Lima to host 2026 World’s 50 Best Restaurants, boosting Peru tourism

Lima will host the 2026 World’s 50 Best Restaurants ceremony, a first for Latin America that Peru’s trade and tourism bodies are l…

ntel drops subscriber chase to monetize Nigerian infrastructure

Nigerian operator ntel is abandoning the consumer telecom market to monetize its vast real estate and fiber assets through AI and …

Dior opens largest LatAm store as luxury pivots to Brazil

LVMH's Dior is opening its largest Latin American store in São Paulo, signalling a broader shift by luxury groups to capture repat…

Brazil, neighbors sign South America open skies deal

Brazil, Argentina, Chile and Paraguay have agreed to lay the groundwork for a unified aviation market, a long-term move that could…

Brazil passes $2.4bn off-budget credits, risking fiscal credibility

Brazil's lower house has approved 12.3 billion reais in off-budget spending, raising fresh doubts among investors about the govern…

Nigeria taps private sector for new economic advisory committee

Nigeria's finance ministry has assembled a 15-member advisory committee of private sector and academic leaders to improve the pred…

Brazil backs debt relief request for stalled Angra 3 plant

Brazil's energy council has backed a request to pause debt payments on the stalled Angra 3 nuclear plant, offering state operator …

BOI unveils €85m to shift Nigeria cocoa from raw to processed

The Bank of Industry has launched an €85 million facility to build local cocoa processing capacity, offering a potential threefold…

Nigerian insurers face final capital squeeze ahead of July deadline

Nigeria's insurance sector faces a wave of consolidation as operators race to satisfy Big Four audit checks and meet strict new mi…

Oyo school kidnappings highlight Nigeria's deepening security risk

Nigeria's Senate has rejected a call for a UN probe into the abduction of 46 people in Oyo State, exposing political friction over…

All On offers $200k-$1m for Nigerian off-grid energy

Nigerian impact investor All On is offering up to $1 million in blended financing per company to scale off-grid clean energy solut…

Witness details N1.8bn local government fund diversion in Nigeria

A Nigerian court heard testimony detailing the systematic diversion of N1.8 billion in local government funds to private accounts,…

Washington faces July 15 deadline on Brazil tariffs

Washington faces a July 15 deadline to rule on duties covering $15 billion of Brazilian exports, a move that threatens to disrupt …

Ethiopia scraps lending cap after IMF data shows private credit surge

Ethiopia has abandoned its annual lending ceiling in favor of targeted reserve requirements and a rate hike, a shift toward market…

Brazil Tests Ethanol as Ocean Ship Fuel at Santos

A container ship took on Brazilian ethanol at the Port of Santos, marking a potential new export avenue for the country's biofuel …

Guyana pivots from oil services to precision manufacturing

Guyanese contractors are now fabricating high-value subsea and drilling components for major offshore projects, a structural shift…

Halliburton secures key Suriname well contract as $10.5bn project advances

Halliburton has won a landmark drilling contract for TotalEnergies’ $10.5 billion GranMorgu development, cementing the oilfield se…

HIF Chile e-fuel certification paves way for $1.3bn scale-up

HIF Global has secured the renewal of a critical EU certification for its Chilean e-fuels plant, de-risking its offtake model and …

$900M pumped-storage project enters Chile environmental review

A Chilean-French consortium has submitted a $900 million pumped-hydro project to address northern Chile's solar curtailment crisis…

Chile poised for 3% growth in 2027 on reform, copper

Bank of America expects Chile's economy to accelerate to 3% growth in 2027, as a corporate tax overhaul and elevated copper prices…

Chile AI adoption could push GDP growth to 5% by 2030

Automation and generative AI could add up to 2.5 percentage points to Chile’s annual productivity growth by 2030, but realizing th…

Argentina draws $33bn pipeline on 30-year tax guarantees

President Javier Milei’s dismantling of capital controls and introduction of 30-year fiscal guarantees are drawing a surge of fore…

Argentina needs tax, FX reforms to lock in investment rebound

Macroeconomic stabilization has driven Argentina's investment share of GDP above the Latin American average, but IERAL warns that …

Nigeria Shariah fund assets jump 74% on strong H1 returns

Net asset values of Nigerian Shariah-compliant mutual funds surged 74% to N138.26 billion in the first half of 2026, signalling gr…