Category: Business

The Ford Motor Company announced a number of important deals with major Chinese mining and battery manufacturers to bolster the supply chain of critical resources needed to power its new line-up of electric vehicles. NICKEL: The U.S. auto giant 

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 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 ...

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 ...

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 ...

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. ...

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 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 ...

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 ...

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, ...

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 ...

It's been a rocky start for the new Chinese-built Nairobi Expressway that opened to the public two weeks ago. Complaints that the tolls are too high, accidents, and now massive traffic jams have all marred what the government had hoped would be a more upbeat reception for the 27-kilometer roadway.