Category: Business

British Prime Minister Boris Johnson was among the featured guests at Wednesday's online Africa Investment Conference organized by the UK Department for International Trade. The conference was a follow-up to last year's UK-Africa Investment Summit that took place in London. One ...

Shanghai-based China-Africa watcher Heather Li published the second installment in her new video series that profiles young African entrepreneurs in China. In this episode, she introduces us to Charles Cyril Nettey from Ghana who founded the Africa Diaspora Innovation Group and runs an e-commerce start-up. ...

It's going to be very tempting for a lot of people in Washington, D.C. to read the news that Kenya's leading telco, Safaricom, suspended the rollout of its new Huawei-powered 5G network as evidence that the company finally came to its senses about the dangers of using ...

Ethiopia's ambassador to China, Teshome Tog Chanaka, shared his enthusiasm on Twitter Tuesday about his participation in the latest forum on how to integrate Africa into the Belt and Road. The event was organized by the Algerian embassy and the Taihe Institute, an international policy ...

$1.46 billion of new foreign direct investment made its way to Nigeria in the third quarter of 2020, according to new data from the National Bureau of Statistics, but very little is coming from China. In fact, China (ex Hong Kong) wasn't among the list ...

Over the past several weeks, Chinese officials have convened a series of high profile forums with key African stakeholders in what appears to be an effort to lay the groundwork for next year's triennial Forum on China Africa Cooperation Summit (FOCAC) that is scheduled to take place ...

Since the COVID-19 outbreak earlier this year, China has struggled to find new ways to conduct the B2B trade shows that have been so effective in the past at connecting Chinese and African merchants. Some of the online-only fairs that took place in the spring and early ...

The Chinese e-commerce giant Alibaba has been rather slow to enter the African market, focusing instead on other emerging markets like Southeast Asia where it's developing its Lazada brand. But now it appears that the Hangzhou-based company is ramping up its engagement on the continent with new ...

In a single file, farm workers carry up to 25 kilogrammes of Virginia leaf tobacco on their shoulders.  Titus Gurupira (45), a farmer on a farm in Mvurwi, 100 km north of Harare, pleads with his workers to hurry with the picking ahead of the hectic marketing ...

The Ethiopian government is moving forward with plans to sell off a 45% stake of the state-owned Ethio Telecom along with two more telecom licenses even though this may not be the best time to do that given the weak economy and the escalating conflict in the ...

Today is the most important day on the calendar for hundreds of millions of Chinese consumers, who are expected to buy an astonishing $45 billion worth of stuff in just 24 hours. Yes, that almost $2 billion AN HOUR. While Singles Day (named for being the anti-Valentine's ...

One of the revealing aspects of Africa's pandemic-related downturn is that, while it's causing financial chaos across the continent this doesn't seem to be slowing the outside interest in certain African consumer sectors. Take TV, for example. For a long time, ...