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Chinese Investors Have a Palpable Sense of Optimism About the African Market That Most Others Just Don’t Seem to Share

Atlantic Council Senior Fellow Aubrey Hruby shared her views about this weekend's "Netpreneur" competition organized by the Jack Ma Foundation in Accra, Ghana where she picked up on the same sense of optimism and excitement about the African market that Chinese investors seem ...

Latest $120 Million Series B Round for Opay Proves Chinese Investors Have Made an “Unmistakable Pivot to African Tech”

The pace of Chinese investment in Africa's tech sector appears to be heating up anew with a $120 million second funding round, also known as a Series B, for the Nigeria-based fintech company OPay. What's interesting here is that some of China's largest tech players, including the ...

OPay and PalmPay: Two Chinese-Backed Investments Battle it Out in Africa’s Rapidly Growing Mobile Payment Market

Nairobi-based Malawian tech entrepreneur Wiza Jalakasi offers his take on the Opay vs. PalPay duel that is emerging. Follow Wiza on Twitter at @wizaj and find out more about his portfolio on his personal website at wiza.jalaka.si.

Q&A: Chinese Venture Capital Firms Are Now Starting to Invest in African Start-Ups

Now that it's becoming more difficult for Chinese venture capital (VC) firms to invest in the United States where their money is increasingly regarded as "toxic," these investors are now looking farther afield for new opportunities and that's bringing them all the way to Africa. Evidence ...

Chinese Firm Dismisses Tanzania’s Claims on Stalled $10 Billion Port as “Not True”

China’s largest port operator accused the Tanzanian government of spreading “false information” and misguiding the public about the cause of stalled negotiations over the $10 billion Bagamoyo port development it is backing in the country. China Merchants Holdings International (CMHI) has ...

China Creates $5 Billion Export Fund with Bank in Morocco

China's Exim Bank announced plans to team up with Morocco's Attijariwafa Bank to create a $5 billion fund to promote African exports to China and to establish new industrial zones on the continent, according to a report published by Reuters. The ...

Increasingly Shut Out of the U.S., China’s Venture Capital Firms Look Further Afield in Africa For New Investment Opportunities

Amid worsening U.S.-China relations, Chinese venture capital investments in the United States have fallen to a four-year low and with their own economy slowing, investors are keen to put that money to work somewhere and some of it is now finding its way to ...

France Used to Be the Big Player in Senegal. No More. It’s the Chinese.

It wasn't that long ago when France was by far the dominant foreign actor in West Africa. "Francafrique's" once ubiquitous power allowed it to dominate virtually all aspects of political and economic life in its former colonies.

Rwanda Partners with DP World, Alibaba and Zhejiang Province to Open New $35 Million Dry Port

Rwandan President Paul Kagame and Dubai Ports World Chairman Sultan Ahmed bin Sulayem officially inaugurated the Kigali Logistics Platform, Rwanda's largest inland cargo handling facility. The new dry port also hosts a 2,500-square meter bonded warehouse as part of the Rwanda Digital ...

How African Countries Can Benefit From the U.S.-China Trade War

It's conventional wisdom that the worse the U.S.-China trade war becomes, the worse it will be for African countries who are effectively caught in the middle. But that may be the case, writes Botswana Trade Minister Bogolo Kenewendo in a new article published on ...
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