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在线翻译:
szdaily -> Business -> 
Huawei seeks to strengthen position in Africa to offset US blacklist
    2019-06-11  08:53    Shenzhen Daily

AS the United States leads a drive for the West to shun Huawei over security concerns, the Chinese tech giant has sought to strengthen its position in Africa, where it is already well established.

Huawei, which has taken a leading role in developing next-generation 5G mobile phone networks around the world, last week signed an agreement to reinforce its cooperation with the African Union.

“This was a way to show that Huawei is still present in Africa and that they want to remain a major player by positioning themselves in this very important growth sector,” said Ruben Nizard, an economist and Sub-Saharan Africa specialist at the French financial services firm Coface.

Huawei has established itself across Africa since launching in Kenya in 1998, and now operates in 40 countries, providing 4G networks to more than half of the continent.

It will also showcase 5G — the next-generation mobile phone network that will transmit data at far greater speeds — in Egypt for the Africa Cup of Nations, which will be held from June 21 to July 19.

“Africa is a market Huawei had identified and which they conquered thanks to a very aggressive strategy based on cheap financing and speed of execution,” said Aly-Khan Satchu, an independent economic analyst based in Nairobi.

“The fact that Huawei has equipped the African Union says it all,” he added.(SD-Agencies)

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