Tag: Investment
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2020 Will be a Big Year in the China-Africa Tech Sector
China's role in the African tech market is rapidly evolving away from just being a source of low-cost electronics to becoming the indispensable player in the continent's rapidly developing market for digital services, networking equipment and venture capital financing.
“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 ...
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 ...
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 ...
Is Africa’s Increasing Attractiveness a Signal of Guaranteed Success?
By Timothy Karikari in Beijing and Julie Frimpong-Ansah in Accra A month ago, more than twenty African leaders including the continent’s largest economies Nigeria and South Africa were guests of Japanese Prime Minister Shinzo Abe for the 7th Tokyo International Conference ...
The Blurry Lines Between Chinese Aid and Investment in Africa
For most countries, aid and investment are two entirely different things. Not with the Chinese, though, where until recently the country's aid programs were actually managed through the Ministry of Commerce. Because the Chinese have ...
We Focus a Lot of Attention on African Countries Involved in China’s BRI, But What About Those Who Aren’t?
40 out of 55 African countries are members of China's Belt and Road Initiative (BRI) club, affording some of them preferential access to Chinese credit lines and infrastructure development spending. And for the most part, these forty countries tend to dominate the discussion about Africa's connection with ...
Rwanda Attracting More Chinese & HK Apparel Investment
It's interesting how two African land-locked countries are emerging as the continent's leading destination for Asian apparel makers looking to offshore, or "delocalize" their China manufacturing operations. Both Ethiopia and Rwanda are emerging as the leaders in this sector despite the fact that transportation logistics in each ...
Japan Summit Provides Wake-up Call for China to Change Its Approach in Africa
An editorial today in one of South Africa's leading financial news publications, Business Daily, enthusiastically welcomed the outcome of last week's Japan-Africa summit in Yokohama. The summit, known as TICAD7, focused a lot of attention on directing Japan's vast private ...
Why Using a Zero-Sum Analysis to Compare Japan and China in Africa “doesn’t work”
With the Tokyo International Conference on African Development or TICAD, summit coming up this week in Yokohama, there is often a temptation to compare Tokyo's engagement strategy in Africa with that of Beijing's. Furthermore, there are often references to how the Sino-Japanese rivalry in Asia also tends ...
U.S. Struggles to Keep up With China's Commercial Expansion in Africa
Atlantic Council Senior Fellow Aubrey Hurby joins Eric and Cobus to discuss her new report on how the United States can catch up, or "challenge," China's commercial expansion in Africa. The bottom line, Aubrey writes, is that the U.S. can no longer be ...
How Somalia Plans To Be Heard at the Upcoming China-Africa Mega Summit
More than 50 African leaders are expected to be in Beijing in September for the upcoming Forum on China Africa Cooperation (FOCAC) summit. While Africa’s largest and most strategically important countries will likely do very well, receiving huge financial ...