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All posts tagged "China"

  • 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...

  • 5 tips all expats should consider before launching a startup in China

    Rui Ma is close to closing her 10th early stage tech investment in Greater China since joining the global seed fund and accelerator 500 Startups last year. She has funded a handful of teams with expat founders. Follow her on Twitter @ruima. When I came to China via an internal transfer in September 2007, I was one of very few eligible candidates for the position I took. This was because my job in private equity required that I not only speak but also read and write Chinese. This was in stark contrast to my tentative efforts in the China job...

  • China’s mobile commerce 2014 reveals online shopping habits [Infographic]

    We know that China's ecommerce market is set to see US$274.5 billion in spending in 2014, but how much of that will be done from mobile devices? The answer is, by the best estimates, US$51.62 billion spent via mobile commerce this year. That's nearly double the mcommerce tally in 2013. Now that smartphones account for over 80% of China's new phone sales, it's inevitable that the m-commerce sector is growing faster than the ecommerce industry itself. It's time for all ecommerce companies to pay a lot more attention to their phone and tablet apps. A new infographic by Go Globe compiles...

  • China’s entrepreneurial landscape according to Ernst & Young

    China's entrepreneurial landscape is integral to the country's growth and economic success -- 75% of new jobs each year and 68% of exports come from entrepreneurial ventures, says The EY G20 Entrepreneurship Barometer 2013 report. The in-depth report which surveyed 1500 entrepreneurs in twenty countries worldwide, across both the emerging and developed economies, was released in August 2013 and concludes that not only is China an "export giant" but it is also full of opportunities for local entrepreneurs. The report benchmarked each country in terms of its "support for entrepreneurs" and China placed in the third quartile, the same as...

  • Konga to host screening of ‘Crocodile in the Yangtze (The Alibaba Story)’

    Konga believes that 2014 will be a promising and rewarding year for the Nigerian technology and business ecosystems, not only because there will be growth, but because these sectors will provide solutions to Nigerians at large. In an effort to inspire, and kick off 2014 in style, Nigerian ecommerce site Konga, in collaboration with Porter Erisman, are hosting a screening of the award-winning documentary Crocodile in the Yangtze (The Alibaba story), taking place at the Ozone Cinemas, Yaba Lagos on 14 January. The film follows the remarkable story of China's ecommerce giant, Alibaba, from its humble beginnings back when internet...

  • China’s startup scene needs more Angel investors says tech mogul Lei Jun

    Lei Jun wears many hats -- he’s Xiaomi CEO, the board chair at Kingsoft and an Angel investor -- and is one of the most respected figures in China’s tech industry. As one of the wildly successful Xiaomi co-founders, he’s also someone worth listening to when it comes to China’s startup scene. In a recent interview, the Beijing News asked him what he thought the differences were between Silicon Valley and China. Here’s what he said: The biggest difference in the startup environment between and the US is that China doesn’t have enough Angel investors, and there is...