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Fighting brain drain and creeping authoritarianism in Russia

Facing a dire shortage of qualified tech workers, companies and the Kremlin are vying to win the hearts and minds of entrepreneurs and engineers. READ MORE >

Zanzibar’s project to put itself on Google Street View has angered a legion of European video game streamers

Travel game GeoGuessr went viral during lockdown, inadvertently highlighting inequalities in Google Maps. READ MORE >

Singapore’s government critics are crowdfunding their defamation fines

Opposition figures are used to costly suits, but now ordinary people are rallying to help. READ MORE >

What the SPAC explosion means for Latin America

If only the hype in the U.S. doesn’t ruin it for everyone. READ MORE >

Tanzania’s president tried to control the internet and deny the risk of Covid-19. His death offers a brief window for change

Late President John Magufuli tried to control the internet with threats, legal actions, and expensive licenses. Activists hope his successor will give them their rights back. READ MORE >

Stat of the day quiz

China is one of 60 countries that are currently studying or developing a digital currency. The digital yuan could help Beijing monitor the economy at home and also make it easier for people to transfer money internationally. To test the digital yuan, China’s central bank recently introduced a mobile app that allows people to spend small amounts at places like Starbucks and McDonald’s.

How many people downloaded the app?

3,000
100,000
7,000,000

3 minutes with Claire Díaz-Ortiz

ee4046ca-a895-4034-80d9-1a398a427c0d.pngVenture Capitalist, Angel Collective 🇦🇷

Blink and you’ll miss what Claire Díaz-Ortiz is doing next. The Argentina-based social investor is best-known as the woman who got the pope on Twitter. More recently, she has thrown herself into supporting socially conscious entrepreneurs and is a one-woman check and balance on tech’s notoriously male-heavy environment.

What was the most important decision of your career? 

Trusting my gut to start a nonprofit in Kenya in 2006. Doing that led to me joining Twitter as a user, which led to me joining Twitter as an employee in 2009, which led to me investing and all that followed.

What’s the most common misconception about investing in Latam?

That it’s hard to do. Typically, you are investing in Delaware C-corps [Latin American companies registered in the U.S.] anyway. That said, knowledge of the ecosystem or co-investing with someone who has it is key!

What keeps you up at night?

How the hell to change the stats in venture so that more women and underestimated founders get funding. Surprise: we know what to do, but it will take change.

How are you preparing Angel Collective for the end of the pandemic?

Meeting in person with all of us! We live on four continents — so it’s been all virtual until now.

What we're reading

  • For Quartz Africa, Chikezie Omeje tells the story of how scammers took advantage of the systems of Lagos-based fintech startup Paystack to defraud students who thought they were paying to take international university admissions tests. “The same impunity and loopholes fraudsters normally use are now superpowered by fintech, making the potential windfall and losses even bigger.”
  • When is a mango tree more than just a mango tree? When it can grow 300 different types of mango. Atlas Obscura spoke to the tree’s creator, Kalimullah Khan, who said, “This miracle tree is not just a tree, it’s an orchard by itself, a universe.”

And one more thing...

A hilarious reminder that Bollywood’s visual effects remain undefeated.

Thank you and 👋. Please forward this to a friend and do reach out to us via hello@restofworld.org. — Edited by Hanson O'Haver
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