“When we love, we always strive to become better than we are." - Paulo Coelho (Brazilian novelist)
August 22, End Of Day
As the global push towards decarbonization gains momentum, Latin America is emerging as a key player in the development of the clean hydrogen economy. The region's vast renewable energy resources position it uniquely to become a major exporter of clean hydrogen, contributing significantly to global efforts to reduce greenhouse gas emissions. Here are the three main takeaways from the recent report by World Economic Forum on Latin America's role in the clean hydrogen economy:
1. Latin America's Potential as a Global Hydrogen Exporter
2. Challenges to Overcome
3. Strategic Pathways for Different Countries
VREIX: VREIX is a mobile ERP designed for construction companies, addressing industry challenges such as poor control, inefficiency, and outdated information. The platform enables users to record and report data quickly directly from the construction site. Dive deeper into the case here.
Rentennials: Rentennials is a peer-to-peer carsharing platform that connects local vehicle owners with renters. The platform has over 600 cars available for rental and has facilitated more than 2,600 rentals across six countries. Rentennials achieved a 5x increase in revenue over the last year. Dive deeper into the case here.
Adelántalo: Adelántalo is revolutionizing the logistics industry in LatAm by providing immediate financial liquidity to underserved truckers. Their innovative platform offers same-day payments and embedded factoring, ensuring truckers get paid after unloading. Dive deeper into the case here.
Dive deeper into other fundraising firms in LatAm here.
Argentina: A potential MSCI upgrade of Argentina to emerging market status could attract nearly $1 billion in investment inflows, according to JPMorgan. This follows reforms under President Javier Milei aimed at stabilizing the economy. If reclassified, Argentina could see major firms like YPF and Banco Macro included in the MSCI Argentina Standard Index. JPMorgan expects easing of capital controls as macroeconomic conditions improve, possibly starting in the fourth quarter.
Paraguay: President Santiago Peña forecasts Paraguay's economy to grow by over 4% in 2024, surpassing the central bank's estimate of 3.8%, despite low soy prices. Strong investment and support for farmers, including improving waterways for grain exports, are driving this growth. Peña also anticipates potential sovereign debt rating upgrades by S&P and Fitch early next year, following a recent upgrade by Moody's. Paraguay is also progressing in its bid to join the OECD by 2028.
Mexico: Mexico could boost its GDP by $391 billion, or over 25%, if women's labor force participation matched that of men, according to a Milken Institute report. Key to this increase is improving access to childcare, as currently only 45.6% of working-age women are employed compared to 77.5% of men. President-elect Claudia Sheinbaum plans to address this by reinstating government-run early education centers.
Check our recently published insights here. Recent post:
📈 E-commerce Surge in Latin America: Trends and Innovations
E-commerce in Latin America is booming, driven by increased internet and mobile device usage, and evolving digital payment methods. With a market potential projected to reach $200 billion by 2025, although challenges like logistical complexities and regulatory variations persist.
Key Innovations Fueling Growth:
As digital transformation accelerates, these innovations are positioning Latin America's e-commerce sector for substantial growth and international competitiveness.
🔍 Read more here.
