Via Latinometrics, an insightful look at Latin America and the $800B remittances market: You’re a young Colombian who’s just secured a job in the San Fernando Valley of Los Angeles as part of a construction team. With the money you earn, you figure, not only can you pay rent and buy groceries—but also send home a […]
Read more »Via Nikkei Asia, commentary on BRICS+ ability to drive the Global South’s agenda: On Aug. 2, Anil Sooklal, South Africa’s ambassador to the BRICS bloc, said that the ragtag group’s upcoming leaders’ summit in Johannesburg would initiate “a tectonic change … in the global geopolitical architecture.” While the summit that concluded on Aug. 24 fell decidedly […]
Read more »Via Harvard Business Review, commentary on ways to accelerate digital integration in Africa which – similar to the European Union’s – has been cited as a key to creating stability, growing economies, improving market efficiency, sharing the costs of large infrastructure projects, and addressing peace and security: In 2021, the combined GDP of Africa’s 54 countries was […]
Read more »Via FinTech Magazine, a look at how – as smartphone penetration increases – underserved countries like Pakistan are in the middle of a financial renaissance thanks to fintech, with local fintech players playing a pivotal role in defining the future of financial inclusion: There’s renewed focus on using fintech to reduce financial inequality in emerging […]
Read more »Via TradeArabia, a report on a recent UBS study examining the Middle East’s digital economy: The Middle East’s digital economy will grow from $180 billion in 2022 to $780 billion in 2030 or roughly 20% growth per annum making it one of the fastest growing digital economies globally, said UBS, a multinational Swiss bank. It […]
Read more »Courtesy of Bloomberg, an interesting look at medical tourism which is seeing people flock to Mexico’s Molar City for its 350 dental offices and relief from the high costs in the US and Canada: Soon after sunrise, they begin streaming across the border, most on foot. Some of the hundreds in the crowd pull rolling […]
Read more »