Lucy Peng Archives - Jean-Jacques Cornish https://jjcornish.com/tag/lucy-peng/ The low down on African affairs Wed, 19 Jul 2017 22:00:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://i0.wp.com/jjcornish.com/wp-content/uploads/2020/05/cropped-Fountain_Pen_favicon-812.png?fit=32%2C32&ssl=1 Lucy Peng Archives - Jean-Jacques Cornish https://jjcornish.com/tag/lucy-peng/ 32 32 China’s richest man scouts for opportunities in Kenya https://jjcornish.com/2017/07/chinas-richest-man-scouts-opportunities-kenya/ Wed, 19 Jul 2017 22:00:00 +0000 https://jjcornish.com/2017/07/chinas-richest-man-scouts-opportunities-kenya/ China’s richest man has arrived in Kenya with a planeload of billionaires. They’ll be looking to cut multi billion shilling deals with government and local businessmen. Executive chairman of Chinese e-commerce giant  Alibaba Jack Ma hit the ground running when he landed in Nairobi today. He’s speaking at the capital’s university offering  Kenyan youth tips […]

The post China’s richest man scouts for opportunities in Kenya appeared first on Jean-Jacques Cornish.

]]>
China’s richest man has arrived in Kenya with a planeload of billionaires.

They’ll be looking to cut multi billion shilling deals with government and local businessmen.

Executive chairman of Chinese e-commerce giant  Alibaba Jack Ma hit the ground running when he landed in Nairobi today.

He’s speaking at the capital’s university offering  Kenyan youth tips on how to build successful business empires.

With a personal fortune of $30 billion, which is half of Kenya’s economic output, Ma’s accompanied by an entourage of 38  Chinese billionaires.

They include tycoon Bob Xu, Alibaba’s founding partner Lucy Peng, founder and chairman of Mengniu Dairy, Niu Gensheng and real estate tycoon Huang Youlong.

They’re scouting  for business opportunities in East Africa’s largest economy where Chinese influence has been rising rapidly.

The post China’s richest man scouts for opportunities in Kenya appeared first on Jean-Jacques Cornish.

]]>