Category: Business
Glencore’s CEO Warns Western Automakers About China’s Control of Congolese Cobalt
The CEO of the world's largest cobalt mining company issued a stern warning to U.S. and European automakers that they had better get their acts together to secure supplies of this precious metal or else risk becoming dependent on China for batteries to power their electric vehicles. ...
Chinese Automakers Are Making New Inroads Across Africa
Geely, China's largest independent automaker, launched its new Coolray SUV in Nigeria in what's become a big push by Chinese auto companies to expand their presence in Africa. The SUV category is especially popular, as evidenced by the strong performance in South ...
Shenzhen-Based Transsion Targets South African Youth Market With New Low-Priced Offering
The Chinese-owned African mobile phone giant Transsion is targeting South Africa's youth market with the launch of the Vision1 Pro smartphone from its Itel brand -- a 6.5-inch waterproof device that costs around $120. Although Transsion's suite of brands dominates the ...
Tech Digest: How Chinese, Kenyan, and Swedish Music Streaming Apps Are All Battling Out in Africa
2021 has been a big year for music streaming in Africa. Global streaming giants are flocking to the African market with Swedish music streaming provider Spotify announcing a sweeping expansion to 40 new countries on the continent. As Spotify attempts to expand its reach in Africa, ...
Conflicting Views in Ghana Over China’s Entrance Into the Global Cocoa Trade
A spirited debate is underway in Ghana over the implications of China's entrance into the global cocoa market. Various commentators, cocoa industry officials, and political leaders have all expressed concern over the past week that China will do to the cocoa market what it's done ...
In a Bid to Get People Back in the Air, Ethiopian Airlines Deploys Chinese Tech For Rapid Passenger COVID Testing
Ethiopian Airlines is hoping that a new Chinese-made COVID-19 rapid testing facility at its hub in Addis Ababa will resuscitate its passenger business. The airline partnered with BGI Health Ethiopia, a subsidiary of China's biotech giant, the BGI Genomics Co, to build the new testing center at Bole ...
China’s Tecno Knocks Off Samsung to Become Africa’s #1 Smartphone
Tecno, for the first time, edged out Samsung to become the top smartphone brand in Africa in 2020 thanks to a steady stream of new, affordable devices backed with robust marketing budgets, according to the latest data from Counterpoint Research’s Market Monitor service.
Can Ugandan Coffee Be the Next “Coffee Success” Story in China?
Like many Ugandans, coffee has always been a huge part of my life. My earliest memories are of helping my parents tend their small coffee garden in the rural village of Kishabya, Sheema district in south-western Uganda. Hilly with rich fertile soils and a tropical rainy season, ...
How Chinese Business Practices Are Disrupting the Kenyan Fishing Industry
Chinese seafood buyers are reportedly cutting out Kenyan middlemen and working directly with local fishermen for lobsters and other fish products, according to a report in the East African newspaper. Fishermen, for their part, aren't complaining. They're getting to work directly ...
Two Ghanaian Stars in the Chinese Super League talk About the Challenges of Playing Professional Soccer in China
The pressure on African players in China's professional soccer league is going up say two Ghanaian stars who are going to teammates next season on Shenzhen FC. Midfielder Mubarak Wakaso will be joined by 30-year old Black Stars winger Frank Acheampong in ...
After Living in China For 6 Years, This Female Entrepreneur Returns Home to Launch Zimbabwe’s First All-Women-Owned E-Scooter Delivery Business
After spending years living and working in China as an English teacher at an international school. Elizabeth (last name withheld) returned to her native Zimbabwe inspired by China's prowess in logistics and widespread use of electric scooters. Now she's leveraging her ...
E-Commerce Giant JD.com Is the Latest Chinese Tech Company to Expand in the Middle East
China's second-largest e-commerce company, JD.com, is looking to high-end fashion consumers in the Persian Gulf as part of a new expansion in the Middle East. JD signed a partnership agreement with Namshi (photo), the fashion and lifestyle platform owned by Dubai’s ...