Via VOA, an article on China’s growing influence on Africa’s digital sector: Chinese companies like Huawei and the Transsion group are responsible for much of the digital infrastructure and smartphones used in Africa. Chinese phones built in Africa come with already installed apps for mobile money transfer services that increase the reach of Chinese tech […]
Read more »Courtesy of Barron’s, an article on the growing use of cryptocurrencies in emerging markets: A Chinese family pays U.S. private school tuition in Bitcoin. A Kenyan working in Germany sends a remittance home, avoiding a fat commission. Cambodian villagers buy market supplies via QR code instead of stacks of cash. While U.S. investors scramble to […]
Read more »Via The Diplomat, a report on how Myanmar’s February coup has rapidly unwound a decade of economic progress, while foreign investors are headed for the exits: The precipitous collapse of the Myanmar kyat, which has lost more than 60 percent of its value in recent weeks, is the latest sign of the plight facing the country’s economy, which […]
Read more »Via Reconnecting Asia, an article on China’s digital Silk Road (maps in original article): The Digital Silk Road is the technology dimension of China’s Belt and Road Initiative, Xi’s Jinping’s vision for moving China closer to the center of everything. As the maps below illustrate, it is advancing several areas: wireless networks, surveillance cameras, subsea cables, […]
Read more »Via The Asia Times, a report on the newly finished Hotan-Ruoqiang rail line completes the circle around the huge Taklamakan Desert on the old Silk Road: Ancient Silk Road travelers cursed China’s largest desert as Takla Makan, an ominous Persian-Turkic expression that translates as “enter and you may never return.” Undeterred by its sandstorms and […]
Read more »Via Impact Alpha, an article on Sudan’s first foreign venture capital investment in 30 years – $5 million for Alsoug.com: Macroeconomic, political and currency risks can make investors wary of infrastructure and private equity in Africa. Sudan, which is open for investment after the Trump administration removed Sudan from the list of terrorist states last year. Sudan was […]
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