As the 21st century unfolds, Africa stands on the precipice of an economic rebirth, with Sovereign Wealth Funds (SWFs) as the driving force. These state-backed investment vehicles, once the stronghold of global giants like the Abu Dhabi Investment Authority, are carving out an essential niche in Africa’s quest for sustainable development. Botswana led the charge […]
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Mexican Peso Hits Peak Against Dollar Since July 2023
Yesterday, the Mexican peso reached its highest exchange rate compared to the US dollar since the end of July 2023 This surge comes as the US currency weakens and oil prices soar, say experts and Mexico’s central bank, Banxico. The peso’s closing rate hit 16.6759 per dollar, marking its best performance since July 28 last […]
Pyramids and natural pools mark Yucatán, the unknown face of Mexico
The sky-blue sea with the white sand of the Mexican Caribbean must have been on your cell phone screen a few times on social media. Cancún, Playa del Carmen and Tulum have become obsessive destinations for Brazilians. But on the same Mexican east coast, a little further into the Gulf of Mexico, there is a […]