March 19, 2025 /Mpelembe Media/ — A recent report highlights the critical economic and social role of the second-hand clothing (SHC) industry in Mozambique, a low-income nation. The study reveals the sector provides substantial employment, supports millions of livelihoods, generates significant tax revenue, and meets the basic clothing needs of the majority of the population. Continue reading
March. 7, 2025 /Mpelembe Media/ — The crucial role of money laundering in the illicit drug trade, estimating its global value at half a trillion US dollars annually. It details how drug cartels function as international logistics companies, with profits distributed across the supply chain from producers to street-level dealers. Continue reading
Jan. 10, 2025 /Mpelembe Media/ — An S&P Global Commodity Insights report forecasts a significant shift in 2025, with cleantech investments exceeding fossil fuel investments for the first time, reaching $670 billion. Solar PV is predicted to dominate cleantech investment. Continue reading
Jan. 4, 2025 /Mpelembe Media/ — Christian Aid’s report, “Counting the Cost 2024,” analyses the economic impact of ten extreme weather events in 2024, revealing billions of dollars in losses and highlighting the disproportionate effect on poorer nations. The report underscores the urgent need to reduce carbon emissions and transition to renewable energy, citing expert opinions stressing the escalating consequences of inaction. Continue reading
Jan. 3, 2025 /Mpelembe Media/ — KOORUI, a global leader in display technology, announced its new gaming monitor at CES 2025. This monitor boasts an unprecedented 750Hz refresh rate, a significant advancement in gaming visuals. The press release highlights the monitor’s specifications and KOORUI’s presence at CES, showcasing other products and its manufacturing capabilities.
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India is set to surpass the impressive mark of US$ 5.4 trillion in consumer spending by 2034, up from the current US$ 1.8 trillion, according to data from the World Data Lab analyzed by EBANX, a global technology company specializing in payment services for emerging markets. It represents a growth of 12% per year, three times higher than the projection for the United States, at 4%, and more than two times higher than the global average of 5%. This boost will place India as the third-largest market in the world in consumer spending, behind only the United States and China. Continue reading
China’s first digital-native bank, WeBank, and global management consulting firm Oliver Wyman have jointly launched a new report titled “Global Digital Banking: Development and Innovation Trends”. The report offers an in-depth analysis of the development of global digital banks and insights into the future trajectory and competitive landscape of the industry. Continue reading
The 2024 Summit of the Forum on China-Africa Cooperation brings together members of the Global South to build a community with a shared future. However, the Global South evokes thoughts of another region at the same latitude as Africa, which too has very close ties with China. It is Latin America. Continue reading
The 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) is being held in Beijing from September 4 to 6. It takes place at a critical juncture when the world is grappling with various regional and global crises and there is a pressing need for countries from the Global South to join hands. How will this year’s FOCAC elevate ties between China and Africa? Continue reading
Sungrow, a global leader in PV inverter and energy storage system provider, is excited to announce the Global Renewable Energy Summit 2024 (GRES), set to take place on June 11th in Hefei, China. This grand event will bring together industry experts, researchers, and partners from around the world to discuss the theme, “Exploring a Zero-Carbon Path with Sungrow,” emphasizing high-quality development in the global renewable energy industry. Read more