Chinese companies flourishing in Ethiopia's Eastern Industry Zone. Cameroon Automotive Holding has already invested FCfa 1.4 billion in its project to assemble Chinese vehicles in Kribi. Lu Fuqing, one of the directors of Cameroon Automotive Holding, Chinese-American company which aims to construct a Chinese vehicle assembly plant in Douala and Kribi, reveals that this company has already invested the tidy sum of FCfa 1.4 billion in this project.
This investment, we learned has been mainly used for the design of 20 models of vehicles displayed in the Cameroonian capital since last 20 April, in order to allow the population and local authorities to try out “Star of Africa, the Cameroonian and African brand designed and protected for this purpose”, confides Lu Fuqing. China puts industrialisation of African economies on the international agenda.
Continued low commodity prices have led countries such as Angola, Equatorial Guinea and Mozambique to place greater urgency on economic diversification, at a time when the industrialisation of Africa has the support of major international partners, especially China.
A report prepared for the last G20 summit in Hangzhou (China) in September 2016, contains a set of recommendations for African countries, including an unprecedented reference to what is dubbed the “New Industrial Revolution,” strengthening access to internal and external financing as well as increased integration of global and regional trade. The report, along with the outcome of the latest ministerial meeting of Forum Macau, also focuses on supporting the development of agriculture and agro-industry, and the need for technology transfer, investment in energy efficiency and materials and promoting environmentally sustainable technologies and industries. “The question is how. The short answer is money and action.
Related News: China's Transsion phones outsell Samsung in Africa, Technology/Digital News - AsiaOne Digital. Transsion Holdings Ltd, a Shenzhen-based smartphone maker few Chinese have heard of, is securing the jewel in the crown of the mobile world－the African continent, one of the most promising mobile arenas in the world.
Transsion has grabbed 40 per cent of the African market, outcompeting much bigger opponents like Samsung Electronics Co Ltd and Huawei Technologies Co Ltd. Tecno and itel, two brands owned by Transsion, took the third and first spot in the African mobile market in the third quarter of 2016, respectively, data from technology consultancy Counterpoint Technology Market Research showed. In the first half of 2016, Transsion shipped 32.9 million handsets to overseas markets.
In comparison, the number for Huawei, the world's third-largest smartphone maker, was 25.4 million units. Transsion was the first Chinese smartphone vendor to explore the African market. That was a time when the continent was almost forgotten by most big international brands. Chinese to invest $6bn in vast Zimbabwean industrial zone. A Chinese company has announced plans to invest $6bn in a 200 square kilometre business park in Zimbabwe.
The project will take advantage of the introduction of “special economic zones”, passed by the country’s parliament last week and according to local paper The Herald, will “change Zimbabwe’s economy forever”. The company behind the plan is Qingdao Hengshun Zhongsheng, a listed company that until recently specialised in transmission and control equipment for electrical grids.
The location of the park has not been announced, but Zimbabwean officials told The Herald that they expected it to be sited somewhere along the Bulawayo-Kwekwe railway corridor in the southwest of the country. The industrial park will include a non-ferrous metallurgy processing plant for the manufacture of mining and agricultural processing equipment, a power station and an upgraded rail system. As a gift to the host country, the Chinese concern will also build a primary school. Further Reading: Chinese mobile phone brands take root in the African market. Chinese Wage Pressures, Unsafe Bangladeshi Factories Make Africa Attractive To Clothing Brands. Workers at the GG Super Garment Factory in rural Ethiopia.
Photo: Petterik Wiggers/Wall Street Journal. Wage pressures in China and safety issues in Bangladeshi garment factories are making Africa — especially East Africa — look increasingly attractive to U.S. clothing manufacturers, but poor infrastructure remains a challenge, according to a report in How We Made It In Africa. Asian countries – especially Bangladesh and China – are top sourcing destinations for clothing production, but social and economic challenges are making them less attractive to global brands, the report said. These include workplace accidents like the collapse of a Bangladesh factory three years ago that left 1,138 people dead, rising Chinese production costs and labor-rights violations. Little progress has been made to improve labor conditions for Bangladeshi garment workers since the fatal collapse, according to the Asia Floor Wage Alliance. China outsourcing manufacturing lines to Africa - CCTV News - CCTV.com English. By Miroslav Atanasov, Ph.D.
Renmin University of China Traditionally, the United Stated has used China, East Asia, and other overseas destinations for outsourcing industries. Many Americans feel unhappy, since millions of Americans had lost their jobs on account of cheaper labor costs abroad. Nevertheless, Chinese companies have begun to outsource at cheaper labor destinations, while increasing industrial production output in important economic sectors, such as textile, electronics, and car assembling, especially in East Africa. China Makes Biggest South Africa Auto Investment in 40 Years. A Chinese state-owned car manufacturer agreed to build an 11 billion-rand ($759 million) auto plant in South Africa, the biggest investment in a vehicle-production facility in the country in four decades.
The Beijing Automotive International Corp. plans to start production at the facility in 2018, International Chief Executive Officer Dong Haiyang told reporters in the southern coast city of Port Elizabeth on Tuesday. The plant will be built in partnership with South Africa’s state-owned Industrial Development Corp. and have a capacity of 100,000 units a year by 2027, he said at the the industrial development zone where the factory will be located. “South Africa’s automotive industry has received a major shot in the arm with the announcement of the biggest greenfield investment in 40 years,” the companies said in a joint statement. Export Plans About 60 percent of the BAIC’s South African plant’s output will be earmarked for export, initially to east, west and north Africa, Dong said. Vidéo. Sommet du G20: La Chine va lancer une initiative pour soutenir l'industrialisation de l'Afrique.
Ces usines chinoises qui se déplacent vers l'Afrique. Egypt : Egypt signs deal with China to set up textile zone - Textile News Egypt. Egypt and China signed a framework agreement earlier this week on to establish a zone for textile industries in the Egyptian governorate Minya.
The agreement was signed between Egyptian Textile Industries Council and China National Textile and Apparel Council (CNTAC), according to Egyptian news portal Amwal Al Ghad. Algeria: Gica, Chinese Equipment Manufacturer to Build Cement Plants. Algiers — The public cement manufacturing industrial group (Gica) inked Tuesdayin Algiers two agreements with Chinese equipment manufacturer Cmbi (subsidiary of Sinoma group) to build a new cement plant in Bechar and extend the plant of Zahana (Mascara).
The agreements have been signed in the presence of Industry and Mines Minister Abdessalem Bouchouareb, China's ambassador to Algiers Yang Guangyu and CEOs of Gica and Sinoma. The first agreement provides for the building by Cmbi of a new cement plant in Bechar with a 1million tonnes per year capacity (3.200 tonnes/day). China Sets Sights On Largest Free Trade Zone in Africa. China has set its sights on constructing the largest free trade zone set to build the largest free trade zone in the Horn of Africa, Djiboutian Finance Minister Ilyas Moussa Dawaleh has said.
The Horn of Africa is a peninsula in Northeast Africa. It juts hundreds of kilometers into the Arabian Sea and lies along the southern side of the Gulf of Aden. The area is the easternmost projection of the African continent and a historically prime hub for shipping and trading. Chinese Carmakers Seek Ground In African Markets. East Africa is seen as a potential market An SUV produced by Chinese automobile firm BAIC Motors. Photo by Taddeo Bwambale. Uganda: Chinese Firm Sets Up Factory to Manufacture Mosquito Nets. By Edward Ssekika A Chinese company, Sino Africa Medical Devices, has set up a plant in Uganda to manufacture long-lasting insecticide treated ed mosquito nets (LLNs). The factory is to manufacture three million mosquito nets annually in its initial phase.
While commissioning the factory at its premises in Luzira industrial park last week, Amelia Kyambadde, the minister of Trade, Industrial and Cooperatives, said the factory will offer jobs to the youth and also help government raise revenues in form of taxes and other revenues. So far, the factory employs 115 Ugandans at its Luzira premises. Nigeria's Dangote signs Chinese bank loan for two cement plants. Chinese factories to be blueprints of future African deals. Paul Jourdan, a mineral policy analyst, said that "Chinese factory-relocation is the way to go for Africa. " Chinese investments to boost Africa's manufacturing capacity: expert.
NAIROBI, March 3 (Xinhua) -- Chinese investments will boost manufacturing capacity in Africa, an economic analyst said Thursday in Nairobi. "There are opportunities for certain manufacturing capacity to shift to Africa," Jeremy Stevens, Economist with the Standard Advisory (China) Limited, told Xinhua in an interview during a forum on the China-Africa Economic Cooperation convened by the CFC-Stanbic Bank. Stevens said while the macro-economic data available shows the Chinese economy would continue to slow down below the current 6.4 percent, Chinese firms were still likely to continue shaping the investment climate, especially in the infrastructure sector, where they have helped modernize Africa.
Foreign companies, including those based in China, usually move abroad to seek better economic prospects and new markets as a means of generating new centers of economic growth, according to the economist. Chinese auto maker Chery relaunches new cars assembled in Egypt. CAIRO, March 15, 2016 (Xinhua) -- He Xiaoqing, President of Chery International (L), and Ghabbour Auto Chairman Raouf Ghabbour pose for photos in Cairo, Egypt, on Mar.15, 2016. China's leading auto maker, Chery International, announced Tuesday the relaunching of its Speranza cars under the new name of "Chery. " The "Chery" will be assembled in Egypt in partnership with two leading Egyptian automobile corporations, Ghabbour Auto (GB) and Aboul Fotouh Automative (AFA).
(Xinhua/Zhao Dingzhe) CAIRO, March 15 (Xinhua) -- China's leading auto maker, Chery International, announced Tuesday the relaunching of its Speranza cars under the new name of "Chery. " The "Chery" will be assembled in Egypt in partnership with two leading Egyptian automobile corporations, Ghabbour Auto (GB) and Aboul Fotouh Automative (AFA). Le japonais Yazaki s’offre une troisième usine de câblage à Meknès.
Et de trois pour Yazaki Maroc. Après Tanger en 2000 et Kenitra en 2011, Yazaki le fabricant japonais de faisceaux de câbles pour automobiles a inauguré le 15 mars 2016, une nouvelle unité de production à Meknès. La Chine va fabriquer des bus et des trains en Tunisie. Africa Becoming Chinese Enterprises' Foreign Investment and Cooperation Hotspot. By Gao Bo and Li Junyi "My company keeps two times - Beijing Time and Ethiopian Time", Li Weiming, Special Assistant to President of Huajian Group, disclosed to journalists at the Seminar on Investment Promotion to Ethiopia, Kenya, Mozambique and Zambia held in Tangshan recently. He added that his company had established a subsidiary factory in Ethiopia over the past five years or so.
Being a shoe making establishment, the Huajian Group's Ethiopian factory boasts more than 4,000 local employees and 6 production lines, exporting 2.4 million pairs of women's foot wear annually, with an average profit rate of 10% and (RMB) 15 million of proceeds in year 2015 alone. China glass factory sets eyes to regional market. A MASSIVE float glass manufacturing company is under full-swing construction in Mkuranga, Coast Region with the aim to meet the increasing demand for glass products in Tanzania and other East African nations.
Chinese Firm to Build Largest Steel Pipe Plant in Nigeria's Lagos Lekki Free Trade Zone : Business. Manny Salvacion | Dec 19, 2015 07:35 AM EST. Africa: China-Africa Industrial Capacity Cooperation Fund Starts Operation. Beijing — A China-Africa industrial capacity cooperation fund, designed to aid Africa's development, is now active, China's central bank said Thursday. Maliweb.net - Ces usines chinoises qui se déplacent vers l'Afrique - maliweb (original) Selon la Banque mondiale, 43 % des investissements chinois en Afrique, entre 2003 et 2014, se sont faits dans l’industrie manufacturière. Une tendance qui se renforce. « La Chine compte actuellement 85 millions de travailleurs dans des emplois peu qualifiés dans la fabrication qui devront être délocalisés ailleurs en raison de la hausse des salaires et des niveaux de productivité contre 9,7 millions d’emplois japonais dans les années 60 et 2,3 millions d’emplois coréens dans les années 80 », analysait dès mai 2011 le vice-président de la Banque mondiale et économiste en chef Justin Yifu Lin.
China-Africa Equipment Manufacturing Industry Exhibition Taking Place In Johannesburg. Chinese manufacturers boost South African re-industrialization. Huawei to open smartphone factory in Egypt to serve African/Arabian markets. China builds cement plant in South Africa to meet demand. Chinese-industrialisation-in-africa-1.1952448# The transition of the People’s Republic of China (PRC) toward a market economy over the past 30 years has been intimately bound to its global “going out” strategy. The stratospheric rise of the PRC’s manufacturing industry during this period, coupled with domestic, state-led development in construction and infrastructure, has demanded massive quantities of raw materials. During the Maoist period, the PRC proudly touted a “self-sufficiency” strategy, using its oil fields in the north-east of the country as examples of non-reliance on outside trade.
However, by 1993, the PRC had become a net importer of oil – a trend which was paralleled in a number of other commodity classes. Since the mid-1990s, the PRC began to invest in African resources, starting in high-risk countries such as Sudan, where many other international investors had shied away. Other government agencies such as Eximbank have also developed own standards for CSR, drawing on and adapting international approaches. Algeria, China sign MoU on creation of metro, tram train manufacturing plant. ALGIERS- A memorandum of understanding was signed Wednesday in Algiers by the Transport Ministry and the Industry and Mining Ministry and a Chinese public company for the creation of a plant specialized in the manufacturing of metro and tram trains.
The document was signed by the Central Director of Land and Urban Transport at the Transport Ministry Salem Salhi, director of public market sector at the Ministry of Industry and Mining Ali Oumellal and vice president of Chinese company "Nouryoko. ". The signing ceremony was marked by the presence of Minister of Transport Boudjemaa Talai, Minister of Industry and Mining Abdeslam Bouchouareb and ambassador of China to Algiers Yang Guangyu. Sino-Zim to start tile, brick-making. Golden Sibanda Senior Business Reporter Cement manufacturer Sino-Zimbabwe will start producing tiles and bricks within the next 12 months, as part of the firm’s $20 million diversification project.
Joint venture partner, Industrial Development Corporation, said site preparations for the project are underway following a recent ground breaking event. A further $50 million will be invested in the project, but this will depend on the rate of progress and success registered in the initial phase of the project. IDC general manager Mr Mike Ndudzo said in an interview this week that once production starts, the firm will produce for both local and export markets. Véhicules chinois: projet algéro-chinois d’une usine de montage en Algérie.
Dangote signera pour 4,34 milliards $ avec le chinois Sinoma pour construire des usines en Afrique. Chinese Textile Products Overwhelms Nigeria’s Local Textiles In Competition. Uganda: Chinese Trucks Vie for Ugandan Sales. China now sees Morocco as a base for manufacturing. Chinese-Angolan partnership signs contract to assemble vehicles in Angola. Coastweek - The most from the coast. China investors to resuscitate Osun based Cocoa product industry in six months. Xhing Xhong Cement Company to build plant in Zimbabwe. Textile & Apparel Manufacturers look to Africa. Chinese Firm To Build Vehicle Assembly Plant In Lagos. Ethiopia: AU seeks Chinese backing for expanded industrialisation goals. Cooperation with China brings more 'made-in-Africa' goods｜Markets｜Business｜WantChinaTimes.com. China’s Hisense eyes Kenyan market. Chinese Bus company to build $100 million plant in Ghana.
Chinese plant makes Angola self-sufficient in cement. China ready to establish eight industrial zones in Sudan. Chinese company to build $100M automobile plant in Ghana. Chinese textile firm to invest US$500 million in Ethiopia. Chinese firm to set up motorcycle manufacturing facility in Tanzania. Des véhicules chinois FAW bientôt produits en Algérie. Huawei 4 Afrika, le smartphone qui doit conquérir l'Afrique. Nigeria: Chinese Banks' Funding for SMEs, Industrial Zones Underway. Afrique du Sud : un parc industriel chinois pour exporter des produits électroniques sur 30 pays africains. Chinese investment creates a new global hub in Ethiopia. Chinese Firm to Open Truck Manufacturing Plant In Nigeria. Chinese firm steps up investment in Ethiopia with 'shoe city' Nigerian president commissions new cold rolled steel plant. Les industriels chinois du textile investissent de plus en plus l'Afrique.
La Chine ouvre des usines sur le continent africain. Afrique-Chine : Elikia Le premier smartphone made in Africa. Chine Délocalisations massives vers l'Afrique. CNN.com: Huajian Group - Chinese shoe maker moved to Ethiopia. L'Afrique importe toujours plus de produits chinois. Espoir de délocalisation de la Chine vers l’Afrique: Des usines Chinoises en Afrique - Les nouvelles informations et actualités d'Afrique. Chinese company seeks to invest in Kericho.
Africa means never saying goodbye. China 'wants to set up factories in Africa' World Bank, China May Cooperate to Transfer Manufacturing Jobs to Africa.