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Category: Business

What Transsion Did in Africa’s Mobile Phone Market, Chinese Device Maker Realme is Doing in India

The Chinese brand RealMe isn’t well known in China, but it managed to zoom to the number 3 position in India’s notoriously competitive mobile phone market. With a 16% market share, the company is now only behind Samsung (20%) and China’s Xiaomi (23%.)

Who is behind China Molybdenum in the Democratic Republic of Congo?

Who exactly is controlling the Democratic Republic of Congo’s Tenke Fungurume Mine (TFM), one of the largest copper and cobalt mines in the world, remains a mystery. Officially, the Chinese mining giant China Molybdenum (CMOC) is in a partnership with the DRC’s state-owned mining company Gécamines ...

Transsion’s Nearly Two-Year Run of Uninterrupted Growth in Africa Comes to an End

Two years of the pandemic, supply chain disruptions and slowing economies in Africa finally caught up with Shenzhen-based African mobile phone giant Transsion. The company released its first-quarter results earlier this month that revealed drops in revenues (1.8%), profits (7.6%), and smartphone sales (7%) compared to the ...

Mobile Phone Giant Tecno Wants a Piece of Kenya’s Booming Mobile Money Market

Transsion's Tecno brand is expanding its new mobile money service to Kenya this week. “The wallet has pilot launched in Nigeria in May, and roll-out to Kenya in middle of June," the company said in a statement. A mobile payment option from ...

Inflation, Supply Chain Woes Hit Chinese Supermarkets in Argentina

Supply chain disruptions and inflation are driving Chinese shopkeepers out of Argentina’s major cities to the countryside and even to neighboring countries. An Asian business association said rising rents and staff costs mean owners are increasingly considering moving to Bolivia, Chile, Ecuador, or Paraguay. ...

Analysis from Cobus van Staden

What Will U.S. Diplomats Talk About Now?

After knowing for weeks that the end of Roe v Wade was coming, its official end was still a shock.

As an outsider, I worried about my American friends and the countless poor, black, brown, and LGBT+ Americans that will suffer the effects of this decision.
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Alibaba Launches New Cloud Computing Venture in Saudi Arabia

TWEET TRANSLATION:The launched its new cloud computing joint venture with China's Alibaba which includes two data centers in Riyadh. The company will provide cloud computing services to meet growing demand in Saudi Arabia in the retail, financial, tech and internet sectors. ...

Huawei’s Former Premium Brand Phone Tries to Reboot in South Africa

Huawei's now independent high-end smartphone brand HONOR, which was spun off in 2020 in response to crippling U.S. sanctions, is now setting its sights on the South African mobile market. The company said it's been investing heavily to build brand awareness ...

Chinese EV Giant BYD Looks for Lithium in Africa and Expands Dealer Network in Brazil

Two big stories this week about the Chinese electric vehicle giant BYD: BATTERIES: Rather than buy lithium, a key ingredient in EV batteries, on the open market and face steadily rising prices, the company instead will buy six of its own mines ...

China’s Tecno and Infinix Ranked Among the Top Brands in Africa

Transsion's Tecno unit slipped a spot to #6 in Brand Africa's annual ranking of the most admired brands but it still remained firmly in the top ten and was the highest-ranked of any Chinese company.  Two other phone brands, ...

China Celebrates African Business Competition Launched by a Man and His Former Company Who Shall Not Be Named

Up until a few years ago, the annual African Business Heroes (ABH) competition was a huge deal, generating massive online excitement. Today, well, not so much. In fact, it's hard to tell that the ABH contest ...
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