Axian Lands €170M and $60M to Wire and Power Africa
Hassanein Hiridjee's Axian raised a 170-million-euro EBRD telecom loan and $60 million for renewables, funding African infrastructure with global capital.
June 19, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Tanzania’s $42 Billion LNG Project Nears a June Signing
Tanzania is pushing to sign the host agreement for its $42 billion LNG project by mid-2026, a deal led by...
June 19, 2026
Golden Pyramids Plaza Profit Sinks 89% as Egypt Shoppers Pull Back
Golden Pyramids Plaza, the Cairo mall operator owned by Saudi billionaire Abdulrahman Sharbatly, posted an 89% profit drop in a...
June 19, 2026
China Lands Kenya’s $2.9 Billion JKIA Airport Expansion After Adani’s Exit
Kenya's $2.9 billion JKIA airport expansion goes to China Communications Construction, reviving Chinese infrastructure financing after Adani's exit.
June 19, 2026
Morocco’s Billionaire PM Fights Bills to Cap the Fuel Prices He Profits From
Morocco's House of Councillors voted 29–10 to reject fuel price cap bills, shielding PM Akhannouch's Afriquia fuel network from state...
June 19, 2026
Why a Swiss Shareholder Could Sink China’s Bid for Brazil’s Cement Maker CSN
The Chinese front-runner for CSN's cement unit faces an obstacle from inside its own ownership, as big shareholder Holcim signals...
June 18, 2026
Bharti Airtel Moves to Take Airtel Africa Private in a $2.9 Billion Deal
Bharti Airtel will lift its Airtel Africa stake to about 79% in a $2.9 billion share swap, tightening Indian control...
June 18, 2026
ExxonMobil Backs South Africa’s First LNG Import Terminal
The South Africa LNG terminal planned at Richards Bay just gained ExxonMobil as its preliminary gas supplier, a boost for...
June 18, 2026
Distressed Farms Flood Brazil’s Auctions as the Debt Crisis Deepens
Lenders are seizing and auctioning record numbers of Brazilian farms as rural debt quadruples, turning a credit crisis into a...
June 18, 2026