Behind the crisis in Sri Lanka – how political and economic mismanagement combined to plunge nation into turmoil

Sri Lankan President Gotabaya Rajapaksa formally resigned on July 15, 2022, having earlier fled the country amid widespread protests in the Southern Asian nation. The man who replaced him, Prime…

Suriname is carbon negative but needs a plan for a sustainable future

Suriname is one of only three carbon-negative countries (along with Butan and Panama) Paradoxically the country is extremely vulnerable to climate change. Suriname is one of only three carbon-negative countries…

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…

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?

Latin America’s fintech gold rush is China-sized

While traditional investors continue to skim the froth of the developed world’s overcrowded venture scene, VCs who analyze emerging markets are uncovering regions where valuations are low, and rapid changes…

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,

World’s first mass malaria vaccine rollout could prevent thousands of children dying

The world’s first mass vaccination program against malaria, announced this week, is set to prevent millions of children from catching malaria and thousands dying from this debilitating disease.

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.

The world must not look away as the Taliban sexually enslaves women and girls

In early July, after Taliban leaders who took control of the provinces of Badakhshan and Takhar issued an order to local religious leaders to provide them with a list of girls over the age of 15 and widows under the age of 45 for “marriage” with Taliban fighters. It’s not yet known whether they’ve complied.

Shortage of coffee in 2021 might see record prices

Some of the most significant coffee-producing regions got less than half of the average amount of rain. Brazil is the world’s largest exporter of coffee. The rainy season in Brazil…