Bank of America Bets on South African M&A Wave Despite Global Uncertainty
Bank of America expects South African dealmaking to hold up, and has promoted its South Africa investment banking head to...
August 6, 2026Section
Latest News
Bradesco Q2 Profit Hits US$1.4 Billion as Bad Loans Rise
Bradesco Q2 profit rose 16.2% to US$1.38 billion, but the cost of credit climbed faster and bad loans edged up...
August 6, 2026
Petrobras Hits Record Oil Output Ahead of Q2 Results
Petrobras Q2 2026 results land after the close on 6 August, with record 3.34m boed output and analysts expecting about...
August 6, 2026
MercadoLibre Q2 Sales Pass US$10 Billion, Profit Falls 11%
MercadoLibre Q2 2026 revenue reached US$10.2 billion, a first, up 50%. Net income fell 11% to US$466 million as Brazil...
August 6, 2026
ECLAC Warns US-China Fight Will Reshape Latin America
ECLAC's High-level Commission releases its landmark report on 4 August 2026, charting Latin America's course through a fractured global order....
August 6, 2026
Petrobras Falls 1.92% as Latin America Oil Stocks Slide
WTI crude proxy USO fell 0.78% to US$114.88 on Wednesday. Petrobras dropped 1.92%, YPF slid 1.95%, and Ecopetrol rose 0.49%....
August 6, 2026
Saudi Arabia’s US$55 Billion EA Buyout Closes
A Saudi-led consortium has completed its $55 billion leveraged buyout of Electronic Arts, taking the FIFA and Madden publisher private...
August 6, 2026
Latin America Oil Markets Hit as US Oil Fund Drops 5.19%
WTI proxy USO slid 5.19% to US$115.78, dragging Petrobras, YPF and Ecopetrol lower. Weak demand signals from China and Europe,...
August 6, 2026
Tanzania Misses Its Own Deadline on a US$42 Billion LNG Deal
Tanzania said it would sign the legal framework for its US$42 billion LNG project before June 2026. The deadline passed...
August 6, 2026
Nigeria’s SEC Approves Tokenized Equities on NASD Platform
Nigeria’s SEC has approved tokenized equities trading on the NASD OTC Securities Exchange, with the first public digital securities offering...
August 6, 2026
LatAm Expat & Nomad Daily Guide for Thursday, August 6, 2026
Cali locks down for Colombia's handover with a car-free day and dry law, Uruguay ends its territorial tax era, and...
August 6, 2026
Deep Yellow Pours US$40 Million Into Namibia’s Next Uranium Mine
Deep Yellow Tumas uranium spending hit N$725 million (US$40 million) in the year to June, keeping Namibia's fourth mine construction-ready.
August 6, 2026
Safaricom Ethiopia Races Toward Breakeven With 14.7 Million Customers
Safaricom Ethiopia grew active customers 46% to 14.7 million in the June quarter, halved losses and kept EBITDA breakeven on...
August 6, 2026
Chinese Belt and Road Investment in Africa Hits Record US$33.5 Billion
Chinese Belt and Road investment in Africa jumped 254% to a record US$33.5 billion in H1 2026, two-thirds of global...
August 6, 2026
Ghana Orders Refineries to Pay for Local Crude in Local Currency
Ghana cedi crude payments are President Mahama's answer to a costly dollar rule, telling refineries TOR and Sentuo to pay...
August 6, 2026
HSBC Exits Egypt Retail Banking in US$300 Million Sale to Emirates NBD
HSBC Egypt retail sale to Emirates NBD ends 44 years of consumer banking, books a US$300 million pre-tax gain and...
August 6, 2026
Coca-Cola FEMSA Raises Mexican Soda Prices by up to US$0.29 a Bottle
Coca-Cola FEMSA raised Mexican soda prices by 1 to 5 pesos (US$0.06-US$0.29) on August 4, 2026, after Mexico's IEPS sugary-drinks...
August 6, 2026
Peru’s July Tax Take Jumps 20.4% to US$4.77 Billion
Peru tax collection rose 20.4% in July, with SUNAT taking in S/16,177 million (about US$4.5 billion), pointing to firmer economic...
August 6, 2026
Colombia Inflation Near 6.2% as BanRep Holds at 12%
Colombia’s inflation is running near 6.2% as BanRep holds its policy rate at 12%, ruling out cuts while CAF readies...
August 6, 2026
Mexico’s Public Debt Hits Record US$1.11 Trillion, 51% of GDP
Mexico national debt hit a record US$1.11 trillion in June 2026, or 51% of GDP, as Banxico kept its benchmark...
August 6, 2026