Tiktok, which was created in China, witnessed an increase in the number of users on its app. Silicon Valley, once the origin of the first generation of social media applications such as Facebook and Instagram, is losing its position as the world’s only tech powerhouse. I invited Andy Tian, CEO of Asia Innovations Group, on the EMT podcast to discuss this shift in social media trends and the second generation of social media apps that are coming from emerging markets. The Chinese founded Tiktok saw an explosion of users in…
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Global food waste: developed vs. developing countries
Food waste has become a complex problem in recent years, attracting the attention of experts and customers in both developed and developing nations. According to the United Nations Food and Agriculture Organization, roughly one-third of all food produced for human use is wasted globally, amounting to 1.6 billion tons each year.
Read MoreGuyana’s economy is booming and here is why
Last year, despite Covid, Guyana’s Real GDP growth rate was an astounding 43.4% per the IMF. Pre-Covid it was supposed to be 85.6%. As one of only 3 Countries globally with a Real GDP growth rate over 5% in 2020 as a result of the global Covid-19 pandemic, Guyana’s future couldn’t look brighter.
Read MoreEl Salvador is the first country to recognize Bitcoin as legal tender
A majority of El Salvador’s lawmakers have approved a bill to officially accept Bitcoin as legal tender. President Nayib Bukele has backed the use of Bitcoin, explaining it will help Salvadorans send remittances home. The US dollar will continue to be legal tender in the South American country.
Read MoreColombia launches first blockchain based system to track Covid-19 vaccination
The digital passport, known as VitalPass, has been developed to track immunization Covid-19 utilizing the powerful Algorand blockchain technology, to provide security, traceability and openness throughout Latin America.
Read MoreEthiopia’s blockchain deal is a watershed moment – for the technology and for Africa
Cardano, IOHK and Emurgo have been showcasing how Cardano blockchain and its core technology can be used to the benefit of African countries.
Read MoreMyanmar’s brutal military was once a force for freedom – but it’s been waging civil war for decades
The Myanmar military has been terrorizing civilians since a coup two months earlier. On the day of the parade, soldiers killed over 90 people for protesting military rule, including a 5-year-old boy and three teenagers. An estimated 564 people have been killed in Myanmar since the Feb. 1 coup.
Read MoreHow phosphate has helped Morocco retain control over Western Sahara
Phosphate is a vital source of phosphorus – commonly used in the production of fertilizers. It is something you associate with food security, not conflict. Well, not until you visit Boucraa, a massive open-pit phosphate mine in Western Sahara – a desolate windblown territory controlled by Morocco.
Read MoreCoronavirus could create a lockdown generation in Latin America if governments don’t act
Both the quantity and quality of jobs are deteriorating rapidly as a result of the economic paralysis created by the pandemic. The UN’s International Labour Organization estimates that the health crisis will push unemployment rates in the region up from 8.1% to 11.5% in 2020
Read MoreE-waste: how emerging markets can leapfrog to circular economy
According to Wikipedia, India is the “fifth largest electronic waste producer in the world” with approximately 2 million tons of e-waste being generated annually plus an undisclosed amount of e-waste coming from other countries around the world.
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