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Latin American fintechs will expand at a slower pace

Location:

LATIN AMERICA

Brazil, Mexico and Colombia continue to have the largest number of fintechs, with payments and remittances, and lending, being the region’s leading business segments for fintech…

China doubles down on protectionism at third plenum

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CHINA

Despite pressure for bold reforms to address a slowing economy and geopolitical tensions, the document largely repeated existing messaging, suggesting that conservatives won out…

AI use in the fashion industry will proliferate

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INT

Firms in this sector are deploying AI in functions as diverse as consumer behaviour analysis and product development to supply chain management and marketing. The fashion industry…

Geothermal energy production will grow in East Africa

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EAST AFRICA

The plan envisages a massive expansion of geothermal energy, through the sinking of 57 new wells across six major steam fields, which would make Kenya the world’s fourth-largest…

Algeria is set for more renewable energy generation

Location:

ALGERIA

In March, Sonelgaz awarded 19 contracts for the installation of almost 3 gigawatts of solar power generation capacity. Increasing the renewables mix in Algeria's energy balance…

A US trend of multi-use sports stadiums will expand

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UNITED STATES

The convergence of the sports, media, entertainment and hospitality industries and the emergence of private equity multi-sport investors is driving unprecedented investment in…

Gender-based rifts spotlight social media role

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INT

The leader of the UK National Education Union has called for an independent inquiry into the rise of sexism and misogyny among boys and young men. Similar concerns have been…

Mental illness is rising among young US adults

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UNITED STATES

Proposition 1, backed by Governor Gavin Newsom, was partly prompted by the rise in homelessness in Los Angeles linked to the inability of mental health services to keep up with…

Chinese will focus on green energy in North Africa

Location:

NORTH AFRICA

China is embarking on a fresh investment drive in North Africa, including in construction, mining, renewable energy and electric vehicle (EV) projects. Some projects are geared to…

Brazil's Central Bank will expand Pix payments system

Location:

BRAZIL

The impact of Pix has been transformative for the financial system and the payments landscape in Brazil, and it has gained praise from the IMF for its positive impact on financial…