US Money Enters Brazil’s Data Center Race as Ares Breaks Ground
A new Brazil data center from US investor Ares is the American answer to China's giant bet, breaking ground near...
July 2, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Brazil’s Delivery War Hits the Antitrust Court as China Money Pours In
Brazil's delivery war has reached the antitrust regulator, as iFood and the China-backed 99Food and Keeta trade complaints over exclusivity...
July 2, 2026
Ghana’s Stock Exchange Roars Back to Life With a Wave of IPOs
The Ghana Stock Exchange is drawing a wave of oversubscribed IPOs, from ZEN Petroleum to Kasapreko, as companies rush to...
July 2, 2026
African Tech Funding Cools as Second-Quarter Deals Drop
African tech funding fell 40% in the second quarter of 2026 to about $260 million, a cooling that has founders...
July 2, 2026
Absa Share Price Drop: Why a Stronger Rand Cost 7%
Absa share price drop explained: Africa's biggest bank fell almost 7% after warning a stronger rand would trim first-half profit....
July 2, 2026
Morocco’s Tourism Boom Races Toward the 2030 World Cup
Morocco tourism hit a record 7.7 million visitors from January to May 2026, on the way to a 30-million target...
July 2, 2026
Nigeria Makes E-Invoicing Compulsory for Its Biggest Companies
Nigeria e-invoicing became mandatory for companies turning over 5 billion naira or more from 1 July 2026, as the tax...
July 2, 2026
Brazil Puts 23 Pre-Salt Oil Blocks on the Block in Rio
Brazil is offering 23 pre-salt oil blocks in its next auction run from Rio, testing global appetite for offshore crude...
July 2, 2026
Brazil Maps the Açaí Genome, Betting on Its Superfood Future
Brazilian scientists have mapped the acai genome for the first time, a quiet win for the Amazon bioeconomy and the...
July 2, 2026