Country: Nigeria
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New Data Confirms China’s Transsion Holdings’ Near-Total Dominance of the African Phone Market
International Data Corporation released third-quarter African mobile phone market data that revealed near-total dominance by Shenzhen-based Transsion Holdings in both the smartphone and feature phone markets. Overall, African mobile phone growth remained solid with smartphone shipments up 4% in the last quarter and the total overall market-topping ...
No One Should Be Surprised That a Major Chinese Aid Project is Being Built in an African Leader’s Hometown
Nigerian President Muhammadu Buhari led a groundbreaking ceremony earlier this week for a new $50 million transportation university in Daura, Katsina State. The primary objective of the new school will be to train Nigeria's railway engineers to operate a growing number of rail lines that the Chinese ...
If First Lady Aisha Buhari is so Keen to Follow China’s Example, Then Why Not Go All the Way, Suggests Nigeria’s Twitterverse
First Lady's Aisha Buhari's endorsement of the controversial social media and her comparison with internet control in China provoked a passionate response on Twitter. Accountant Obinna Nwosu's tweet suggesting other ways Nigeria can follow China's example received more than 1,500 likes and hundreds of retweets.
Growing Outrage in Nigeria Over Social Media Bill and First Lady’s Suggestion to Emulate China
Anger is mounting in Nigeria over the prospect of a Chinese-style social media bill that would regulate speech on the Internet. Activists turned to Twitter to vent their frustration over the bill and last week's comments by First Lady Aisha Buhari who suggested that if China can ...
Chinese and African Agriculture Have a Lot More in Common Than Most People Think
It's counterintuitive to a lot of people, but Chinese and African agriculture has a lot more in common with one another than many first expect. For the most part, both are dominated by small family farms that have to battle mightily ...
Q&A: Growing Demand in Africa for China’s Private Security Contractors
Three Chinese miners in the Southwestern Nigerian state of Osun were kidnapped at gunpoint last week, with one reportedly shot while trying to flee. Although all three hostages were released a few days later, the abduction once again reminded Chinese stakeholders across the continent as to ...
Nigeria, Zimbabwe Move Forward With Controversial Chinese-Inspired Social Media Laws
Nigeria's First Lady, Aisha Buhari, said the time has come to regulate social media and online content and that the spread of lies and fake news is "getting completely out of hand.” In a speech on Friday to the Nigerian Supreme Council for Islamic Affairs, the First Lady ...
The Rise of Chinese Private Sector Investment in Africa
Chinese investors have been wary of the African market. For a long time, China's cash-rich venture capital, private equity, and corporate investors have preferred the stability in the U.S. or the cultural familiarity in Southeast Asia's markets. Africa, in their view, ...
“We’ve Been Waiting for China to Go All-in in African Digital in Full.”
The Bloomberg BusinessWeek Podcast featured an interview in their weekly show with TechCrunch journalist Jake Bright who's broken of the deal news around the recent spate of Chinese venture capital investments in African start-ups. The discussion with Bright that focuses on ...
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 ...
Jack Ma 2.0 Officially Launched This Weekend in Ghana
Jack Ma capped a week-long tour in Africa with the awarding of the inaugural African Netpreneur Prize at a Shark Tank-like competition in Accra. Nigerian Temie Giwa-Tubosun won the top prize and $250,000 but there's no doubt that the big winner from all this was Jack Ma ...
They Were Angry When It Happened in China, Then the U.S. and Now Japan. African Social Media Users Fume Over Their Diplomats’ Refusal to Bring Pen and Paper to Meetings
@AriyoAristotle's apparent frustration over the image of Nigerian diplomats attending a meeting with their Japanese counterparts in Tokyo and not bringing along any kind of notetaking materials is nothing new. ...