AGP Executive Report
Last update: 2 hours agoCross-Border Investment: Latin American and Caribbean exports rose 19.5%, the IDB says, creating openings to attract more foreign capital. Alicorp completed its $150.5 million purchase of Colombia’s Rama and 18 other brands, deepening its Andean expansion. Banking Technology: Itaú and GFT say AI has cut cloud-migration times by up to 70% and sped project delivery as much as 3.3 times, helping Brazil’s largest private bank modernize core systems. Markets and Credit: Brazil’s post-election selloff has clouded the path to cheaper credit, as investors weigh the outlook under Lula’s new term. Digital Payments: ACI Worldwide and Circle are testing USDC settlement over Latin American payment rails, a move that could broaden cross-border payment options. Airline Investment: Lufthansa agreed to pay €1.025 billion for 44.9% of TAP Air Portugal; the group says the deal could lift its share of Europe–Latin America traffic from about 9% to 20%, pending regulatory approval.
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