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Cape Verde bets on tech to reverse postcolonial brain drain
Tech
5/11/2026

Cape Verde bets on tech to reverse postcolonial brain drain

African archipelago hopes startups, digital infrastructure and diaspora investment can transform its economyFor much of its history since its discovery by the Portuguese in the mid-15th century, the Cape Verde archipelago off the coast of west Africa served as a hub of the international slave trade, with Africans forcibly transported to marketplaces before being distributed across the Americas and Europe.Now, almost 150 years since slavery was abolished in Cape Verde, and just over 50 years since independence from Portugal, Pedro Fernandes Lopes wants the country to become a beacon for the free movement of human and financial capital across the African diaspora. Continue reading...

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Guardian Tech
Hong Kong secures US$3.5 billion to fund Northern Metropolis and green projects
NEWS
5/8/2026

Hong Kong secures US$3.5 billion to fund Northern Metropolis and green projects

Hong Kong has raised HK$27.6 billion (US$3.5 billion) through a green and infrastructure bond sale to finance the Northern Metropolis and low-carbon transformation projects. The offering drew investors from more than 30 markets across Asia, Europe, the Middle East and the Americas, signalling global institutional investors’ confidence in Hong Kong’s development, the Hong Kong Monetary Authority said in a statement on Friday. Orders totalled about HK$239 billion, 8.6 times the offer size. The...

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SCMP Economy
Genetic Study Reveals Ancient 'Ghost Population' Link Between South American and Australasian Indigenous Groups
Science
4/29/2026AI summary

Genetic Study Reveals Ancient 'Ghost Population' Link Between South American and Australasian Indigenous Groups

A study published in Nature reveals that some Indigenous South American populations carry genetic ancestry remarkably similar to Indigenous populations in Australia and Pacific Islands. Researchers concluded this ancestry did not come from the Americas' earliest settlers, pointing to an ancient "ghost population" that contributed genes to Amazonian groups. The findings challenge the decades-old theory that the Americas were populated through two major migration waves beginning roughly 15,000 years ago via the Bering Strait land bridge.

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SCMP Economy