Search results
Results From The WOW.Com Content Network
The first Chinese to settle in South Africa were prisoners, usually debtors, exiled from Batavia by the Dutch to their then newly founded colony at Cape Town in 1660. . Originally the Dutch wanted to recruit Chinese settlers to settle in the colony as farmers, thereby helping establish the colony and create a tax base so the colony would be less of a drain on Dut
As of 2015/16 there were over 140 medium-sized or large Chinese companies in South Africa with a combined investment of US$13 billion, employing around 30,000 South Africans. Significant investments by Chinese firms in South Africa include the China First Automotive assembly plant in Coega Industrial Park, a Hisense Group white goods factory ...
In the 1980s, the company began to diversify, launching a subscription television service and investing in markets outside of South Africa for the first time. In 2001, Naspers made an early investment in Chinese technology firm Tencent and became increasingly focused on the global consumer internet sector. In 2019, Naspers listed its global ...
The company premiered in South Africa in 2006 when it won a 425-million rand public tender held by Trans-Caledon Tunnel Authority, the state agency responsible for bulk water infrastructure. [1] The selection of COVEC was described by a local trade publication as unsettling to the other short listed bidders, two local construction consortia.
StarTimes Group was founded in 1988 by Chinese engineer Pang Xinxing, [2] who is also the company's current chairman. In 2002, StarTimes began to expand its business to Africa. In 2007, it became the first digital television operator licensed by Rwanda. [2] As of 2020,, StarTimes has established distributors in 37 countries. [1]
The China-Africa Development Fund (Chinese: 中非发展基金), more commonly known as CAD Fund, is a China Government Guidance Fund solely funded by China Development Bank, a Chinese government policy bank. The aim of the fund is to stimulate investment in Africa by Chinese companies in power generation, transportation infrastructure, natural ...
Transsion Holdings (Chinese: 传音控股; pinyin: Chuányīn Kònggǔ) is a Chinese manufacturer of mobile phones based in Shenzhen.It was the largest smartphone manufacturer by sales in Africa in 2017, and also sells mobile phones in the Middle East, Southeast Asia, South Asia, and Latin America.
Jidong expanded outside of China for the first time in 2010 when it entered into a deal to build a new cement plant in Limpopo, South Africa. The US$221 million investment was funded by a consortium that included the China Africa Development Fund , Chinese commercial banks, and Nedbank , along with equity stakes by Continental Cement and Women ...