Entrepreneurship faces challenges in the election of SP

In the city of São Paulo, there are 882.588 individual micro-entrepreneurs (MEIs), and the capital is the first city in the country in number of startups with 2,712. Entrepreneurship gained ground in the municipal election. There are five strongly cited points: training and formalisation, credit, creative economy, entrepreneurship and development of technology to transform the capital into an “intelligent city”.

Source: 6 Minutos

Brazilian sugar exports grow 119% in October 2020 compared to last year

In October, Brazil exported 4.203 million tons of sugars and molasses, which is 119.18% more than in the October 2019 when 1.918 million tons were shipped. Data from the Foreign Trade Secretariat (Secex) show that the revenue obtained from the sector’s total export in October was $1.202 billion, 18.66% higher than the $1.013 billion obtained in September 2020. Between October 2019 and October 2020, the price of a ton of the product rose 0.65%, from $284.33 per ton to $286.19 per ton.

Source: Portal Agronegocio

Rio Energy seeks to sell wind farms in Brazil

Rio Energy, a renewable energy company of US private equity group Denham Capital, is in talks to sell its wind power assets in Brazil. One of the interested parties in the wind power assets put up for sale by Rio Energy is the state-owned Parana company Copel. The deal is valued at between R$200 million and R$300 million, the source added, without giving details.

Source: Money Times