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The Brazilian Central Bank will auction $4 billion in dollars through repurchase agreements over two days, with the intention of rolling over contracts expiring on April 2. The Brazilian Central …
Brazilian Central Bank Proposes $4 Billion Dollar Auctions with Repurchase Agreements Read More
BBVA is optimistic about the approval of its takeover bid for Sabadell, with expectations of a decision in weeks. The bank aims to reduce exposure to emerging markets, forecasting potential …
BBVA Confident of Approval for Sabadell Takeover Amid Emerging Market Strategy Read More
JBS shares jumped over 14.5% as the company moves closer to a U.S. listing following its major shareholder’s decision to abstain from voting on the matter. This shift allows minority …
JBS Shares Surge as Major Shareholder Abstains from Voting on U.S. Listing Read More
MTN Group’s annual profit dropped by 69%, primarily due to naira devaluation and challenges in Sudan. Headline earnings per share fell to 98 cents, and Nigeria’s pretax loss surged over …
MTN Group Reports 69% Drop in Annual Profit Due to Naira Devaluation Read More
MTN Group’s CEO, Ralph Mupita, believes the worst is over for the company in Nigeria as it recovers from severe losses due to naira devaluation. The Nigerian unit’s pre-tax loss …
MTN Group’s Optimism: Recovery Signs in Nigeria Amid Challenges Read More
MTN Group Ltd. is reorganizing its financial technology operations in Nigeria, Ghana, and Uganda to facilitate Mastercard’s purchase of a minority stake. The spin-off is vital to completing a 2023 …
MTN Group to Spin Off Fintech Operations for Mastercard Investment Read More
Kenya has settled its US$900 million tender offer after resolving technical delays. The tender has settled effectively on March 11. The government will repurchase US$580 million of May 2027 bonds, …
Kenya Rectifies Tender Offer Issue for US$900 Million Bond Read More
MTN Group plans to spin off its fintech operations in Nigeria, Ghana, and Uganda in 2025 to enable Mastercard to acquire a minority stake. Regulatory challenges are present in Nigeria, …
MTN Group Plans Fintech Spin-Off to Secure Mastercard Stake Read More
MTN Group plans to spin off its fintech operations in Nigeria, Ghana, and Uganda in 2025, allowing Mastercard to acquire a minority stake valued at $5.2 billion. Regulatory challenges persist …
MTN’s Fintech Spin-Off Strategy to Facilitate Mastercard Investment Read More
The Trump administration has reapproved a $4.7 billion loan for TotalEnergies’ Mozambique LNG project, which seeks to exploit natural gas reserves despite ongoing regional violence and political unrest. Initially granted …
Trump Administration Reaffirms Support for TotalEnergies’ Mozambique LNG Project Read More