Country: Nigeria
Related Posts
When it Comes to ICT Training, Africa Differs from Western Critics on Huawei
As U.S. trade tensions with China deteriorate into a struggle over future technological supremacy, Chinese tech companies have become targets. Many Chinese firms faced a sudden ban on buying high-end technological components made in the U.S. This pressure is causing these companies to rethink their global strategies. ...
Transsion’s Nearly Two-Year Run of Uninterrupted Growth in Africa Comes to an End
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 ...
Africa’s Position Amidst China’s Dominance of the Continent’s Mobile Phone Sector
By Pamela Adwoa Carslake The mobile handset industry is said to be a top 5 industry in the world, accruing US$522 billion in sales revenue and annual sales of over 6 billion mobile devices according to a document by the Pakistan ...
WEEK IN REVIEW: Heavy Rains Are Once Again Pounding South Africa’s KwaZulu-Natal Province
Heavy rains are once again pounding South Africa's KwaZulu-Natal province, no doubt causing serious concern among mining companies in neighboring Zambia and DRCongo who rely heavily on the KZN's Port of Durban to export copper and cobalt, mostly to China. Massive floods last month forced the port to ...
Magalie Masamba on What It’s Going to Take to Resolve Africa’s Debt Distress
Until a few years ago, before the pandemic, most African economies were among the world's best performing in terms of debt. Revenues were sufficient and debt-to-GDP levels were largely well below the IMF's 50% threshold. ...
Nigeria’s China-Friendly Transport Minister Resigns to Run for President
Rotimi Amaechi formally resigned on Tuesday from his position as Nigeria’s minister of transportation. The move is in preparation to compete in Nigeria’s upcoming presidential election, scheduled for February 2023. During his tenure, Amaechi oversaw the transformation of the country’s ...
Stalled Chinese Financing Complicates Buhari’s Infrastructure Legacy
Nigeria’s presidential race is officially on, but many are wondering how China will shape the fortunes of the ruling All Progressives Congress, the party of the current front-runner Rotimi Amaechi, the country's former transport minister. President Muhammadu Buhari came to power on the ...
Update on the Current State of China-Nigeria Ties With Efem Ubi
Nigerian President Muhammadu Buhari had envisioned leaving office with vast amounts of shiny new Chinese-financed infrastructure built throughout the country. That's not going to happen. China has lost its appetite for large-scale development projects in Nigeria leaving some $15 billion of ...
Chinese Public Security Officials Meet with Nigerian Delegation on Security
🇳🇬 Officials from China’s Ministry of Public Security met with Nigerian counterparts and representatives from Chinese companies, to discuss ongoing security threats to Chinese nationals in the country. The session particularly focused on repeated kidnappings of Chinese in Nigeria. (SOUTH AFRICAN DAILY -- in Chinese)
Ghanaian Chief Pleads For Government to Better Protect His Community’s Land From Illegal Chinese Miners
A local chief in southern Ghana convened a press conference over the weekend to issue a public appeal for the government to do more to protect his community's land against illegal Chinese miners. Nana Gyamera Kwabena Yiakwah II claimed that Chinese ...
China’s Economic Slowdown Felt All the Way at the Port of Mombasa While Namibia’s Port Expands to Grab More DRC Cargo
🇰🇪 Kenyan shipping officials say the lockdowns in China and the long delays for vessels to dock in Chinese ports are having a major impact on the volumes of cargo processed at the Ports of Mombasa and Dar es Salaam. (THE EAST AFRICAN)
African Legislators Make Vain Appeal For Debt Cancellation
Legislative leaders from across Africa issued a joint appeal on Tuesday for creditor nations to cancel some of the continent's outstanding debts. The parliamentarians are meeting this week in Abuja for the first-ever gathering of the Conference of Speakers and Heads of African Parliaments ...