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All posts tagged "China"

  • 3 ways China’s slowdown yields opportunities for Africa

    Any economic news out of China makes waves in markets around the world, particularly when it’s bad. Last year’s slowdown prompted furrowed brows across the globe. Reports in December 2015 that the People’s Bank of China was using an aggressive expansionary policy to buffer lethargic growth indicated that China’s problems would persist well into the new year. Because China is a leading investor in African markets, many analysts speculated that the shift would negatively impact the continent. The International Monetary Fund even downgraded sub-Saharan Africa’s growth forecast on the basis of China’s circumstances. But Africa won’t suffer over China’s economic situation....

  • 5 startups to watch in China in 2016

    It sometimes feels like China’s tech scene is dominated by giant companies. Tencent, Baidu, Xiaomi and the like are behemoth, multi-billion dollar enterprises. It’s easy to forget that five years ago Xiaomi was secretly prepping to launch its first phone. In that spirit, we examined five companies that caught our eye in 2015 – and which might turn some heads in 2016. Dianrong: because China’s small-business lending sector was a complete mess Peer-to-peer lending services exploded in China in 2015 – and no company embodied this trend better than Dianrong. Launched in 2012, the Shanghai-based company focuses on personal and small...

  • SA’s website builder startup VIGO expands to Asia with Webnic partnership

    South African startup VIGO, which is behind an easy-to-use website-building tool, is expanding its services to Asia. This comes after the tech company partnered with the popular domain registrar, Webnic, which will enable VIGO to roll out its software to clients in Southeast Asia, China, Hong Kong and Taiwan. Webnic is considered among the world's top 50 registrars and operates in 60 countries. The Asian company's partnership with VIGO would mean customers are not only encouraged to register domains, but build their own customised websites and ecommerce platforms. Since launching in 2013, VIGO has attracted over 3 000 users to its...

  • 20 startups from Asia that failed in 2015 and lessons learned

    2015 was a hot year for some startups in Asia. Venture capital flowed into China, India and South Korea in previously unheard of amounts. Southeast Asia saw a record exit with iProperty Group’s US$534million acquisition. Yet raising gargantuan rounds of financing is no guarantee for future success, and it’s in the risky nature of entrepreneurship that some companies emerge as winners while others bite the dust. Here are 20 startups from Asia that were forced to shut down this year. We clustered them by country and in no particular order. These 20 are by no means the only ones to cease operations...

  • 3 ways China’s position in Africa is good news for other foreign investors

    Nothing good can come from Chinese investments in Africa -- at least that’s what naysayers would have you believe. Critics suggest that China’s African projects lay the groundwork for neocolonialism and leave poor communities vulnerable to exploitation. But as a recent Quartz article put it, when it comes to Africa, “Chinese investment is everywhere.” And with polls showing more than 50% favourability of China in a number of African countries, many people on the continent don’t think that’s a bad thing. Critical observers should revise their stances as well. China has enabled a number of much-needed, high-profile advancements in several...

  • She Leads Africa announces 5 female entrepreneurs for China Innovation Visit

    Social enterprise for women She Leads Africa, a Huawei sponsored event, has selected five female tech entrepreneurs from Africa for its programme this year. These lucky individuals will head to Shenzhen and Shangai in China to learn more about business and innovation in the far East. She Leads Africa is said to be the first programme dedicated to providing female tech entrepreneurs the opportunity to visit China and connect with industry leaders. Besides visiting the country, the women will meet with other tech entrepreneurs to learn how to expand their businesses into global markets. Yasmin Belo-Osagie, the co-founder of She Leads Africa,...

  • How will BRICS really benefit SMEs?

    Will small businesses in Brazil, Russia, India, China and South Africa benefit from these countries being part of the BRICS? With the 7th BRICS summit last week in Ufa in Russia, the question is -- is there really anything in it for SMEs? The biggest potential benefit for small businesses would be access to a wider export market. But the BRICS are far off from achieving a free trade agreement. What free trade? This was confirmed this week by Russia's first deputy economic development minister Alexei Likhachev, who was quoted this week as saying that the bloc is not psychologically ready" to...

  • The Asian giant arm-wrestle: Is India about to beat China at the VC game?

    China, by all means, is far ahead of India. Be it the quality of infrastructure, its business-friendly environment and backing from the government -- India has a lot to learn from this Asian giant. It’s no secret that India has always looked at China with a bit of envy, for its astonishing growth over the past couple of decades to become the fastest-growing economy in the world, despite the fact that a large chunk of its people still don’t speak English. According to a recent news report by The Economic Times, prominent Indian startup entrepreneurs have started paying regular visits...

  • Africa’s the new China — here’s why investors should care

    Apart from the fact that one is a continent and the other a country, Africa is the new China. This seems like an odd idea at first. After all, China has a booming economy, and African countries are poverty-stricken, politically volatile, and unjustifiable business risks. Right? Wrong. Africa is actually the next frontier in global expansion. Allow me to explain. Pretend for a moment that you’re the CEO of a major American clothing manufacturer. Your company is thriving, but you want to diversify your sourcing chain. You typically outsource this production to Chinese companies, but the current rising energy and human capital costs...

  • She Leads Africa, Huawei partner for Chinese fellowship programme

    Female African entrepreneurs involved in tech now have the opportunity to travel to China, where they'll experience some of the country's most innovative technologies and the people building them. This is the second time social enterprise, She Leads Africa, and major Chinese tech company Huawei, have partnered up to help boost female African entrepreneurship. Huawei was one of the flagship sponsors for SLA’s Entrepreneur Showcase held in September 2014. She Leads also partnered with US chip manufacturer Intel earlier this year to introduce workshops on tech and entrepreneurship in Nairobi, Lagos and Johannesburg. Last year, the organisation was responsible for taking...