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App helps Mexican tortilla makers join digital economy
App helps Mexican tortilla makers join digital economy
Economy
by  AFP

Long marginalized by the banking industry, Mexico's neighborhood tortilla producers are cautiously embracing financial technology, in a country where cash is still king for many. The change reflects a wider embrace of financial technology in Latin America's second-largest economy.

China pushes smaller, smarter loans to Africa to shield from risks
China pushes smaller, smarter loans to Africa to shield from risks
Economy
by  AFP

China's years of splashing cash on big-ticket infrastructure projects in Africa may be over, analysts say, with Beijing seeking to shield itself from risky, indebted partners on the continent as it grapples with a slowing economy at home. The BRI made headlines for backing big-ticket projects in Africa with opaque funding and questionable impacts.