Category: Finance
The Chinese Mobile Phone Company That Dominates in Africa is Now Worth $4 billion
The Shenzhen-based parent company of the hugely popular Tecno brand of phones in Africa went public this week and raised $395 million dollars in an initial public offering on Shanghai's brand new NASDAQ-like tech-focused stock exchange. Transsion Holdings sold 80 million ...
The U.S. Wants to Challenge China’s Dominance in Lending to Developing Countries. Here’s How They Plan To Do It.
U.S. president Donald Trump signed the Better Utilization of Investments Leading to Development, also known as the BUILD Act, into law on October 5th, creating a powerful new development finance organization that is aimed at challenging China’s dominance in lending to developing countries. The ...
The China Economy: What Lessons for Africa?
When African policymakers scan the globe in search of inspiration on how to structure their economies, that search often leads to Beijing. Not surprisingly, African leaders look at what China has done over the past 30 years ...
The BRICS Bank: China's Drive To Shake Up Development Finance
Brazil, Russia, India, China and South Africa (aka the 'BRICS') are moving forward with an ambitious plan to shake up the clubby world of development finance. The new BRICS bank announced over the summer 2014 is expected to have a profound impact on the ...