What a socially inclusive circular economy means for emerging markets

A circular economy is a multifaceted economic growth strategy that helps enterprises, society, and the environment all at the same time. Its purpose is to encourage reduced product waste, recycling, and reuse in addition to making better use of resources. A circular economy is a holistic approach to economic development that benefits enterprises, society, and the environment all at the same time. The objective is to use resources more efficiently and effectively by encouraging product avoidance, recycling, and reuse. Unlike the “take-make-waste” linear model, driven by hyper-consumption, short thinking, resource over-extraction,…

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Why the artisan industry needs a decentralized cross-border payment solution

The artisan industry is the second largest employment in the developing world, and the worldwide handicrafts market is predicted to reach $984.8 billion by 2023, according to NEST’s State of the Handworker Economy Report. So, why do so many craftspeople throughout the world, particularly in developing countries, live in poverty?

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Emerging Markets are ready for international trade, but need trade finance

Emerging markets have grown at a lightning speed. Over the last 20 years, it has resulted in transforming international trading practices. Emerging economies now play a larger role in international trade than ever before. Twenty years ago, emerging economies accounted for about 30 percent of the world’s trade. Today, the figure stands at nearly 50 percent.
 
As supply and demand grow, developing market enterprises require ongoing working capital to maximize distribution, operational efficiency, and inventory turnover. International trade financing companies can assist emerging-market businesses in improving their cash flow position and reducing their risk exposure.
 
International trade finance companies typically extend working capital to businesses in emerging markets by providing them with trade finance facilities such as documentary collections, letters of credit, standby letters of credit, factoring facilities, and export credit. When a buyer purchases goods from a seller,

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How we used smartphones to test for malaria: lessons from Uganda

We believe that Africa’s widespread adoption of smartphones, even in the most remote areas, could be key to empowering people to administer tests and securely share their results with health authorities.

Working with the Uganda Ministry of Health once more, we set out to develop a diagnostic app to pair with our origami diagnostic system.

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