Peru
Peru’s presidential election in April could spark protests affecting MMG Ltd.’s Las Bambas copper mine, its most profitable asset, which has faced recurrent disruptions. Las
August 13, 2025
Peru’s presidential election in April could spark protests affecting MMG Ltd.’s Las Bambas copper mine, its most profitable asset, which has faced recurrent disruptions. Las
Paraguay posted a USD 841.1 mln trade deficit through July 2025, swinging from a USD 470.1 mln surplus a year earlier, the largest shortfall since
Costa Rica’s economic activity grew 4.2% YoY in June, while the unemployment rate was 7.4% in Q2.
Brazil’s consumer prices rose 0.26% in July, below forecasts, with annual inflation slowing to 5.23%. The central bank is expected to maintain a restrictive policy
Fitch affirmed Uganda’s ‘B’ rating with Stable outlook, citing solid growth prospects and macro stability but constrained by low GDP per capita, governance issues, and
Tanzania’s July inflation held at 3.3% YoY, within the 3%-5% target, driven mainly by food price increases.
South Africa’s central bank governor reiterated support for lowering the inflation target to 3% from the current 3%-6% band, despite opposition from the finance minister.
Rwanda’s inflation rose to 7.3% YoY in July, the fastest since January, driven by higher food, health, and hotel costs, with core inflation also above
Kenya plans to raise up to USD 4 bln by securitizing its railway levy to fund extending the USD 5 bln China-built Standard Gauge Railway
Kenya will pivot from fiscal consolidation to privatization, aiming to raise USD 1.2 bln by June through state asset sales, starting with an IPO of
Ethiopia enlisted the AfDB to lead fundraising for an USD 8 bln Bishoftu International Airport project. AfDB committed up to USD 500 mln, pending approval,
DR Congo’s President Tshisekedi appointed Louis Kabamba Watum as mines minister in a reshuffle, ahead of negotiations with the US on a strategic minerals pact.
The share of the shadow economy in Uzbekistan has fallen from 45-50% in 2019 to 35% today, it was reported. President Mirziyoyev also outlined plans
In Azerbaijan, annual inflation was 5.0% in July, down from 6.0% the previous month. At the end of July, the central bank cut rates by
Azerbaijan and Armenia have published the text of their US-brokered peace deal, pledging mutual recognition, a ban on territorial claims and foreign troops at their
US President Trump is downplaying expectations for his upcoming meeting with Russian President Putin in Alaska, saying he will urge an end to the war
Pakistan is close to finalizing a trade deal with the US after securing a 19% tariff rate, the lowest among major South Asian exporters, compared
Indonesia’s IDX Composite rose 1.0% to 7,867, its fourth straight gain and highest since Sept 2024, tracking Wall Street’s rally on Fed cut hopes. Sentiment
India and China moved to restore strained economic ties after the 2020 border clash, agreeing to resume direct flights next month. China also eased restrictions