In this episode, long-time FT China correspondent James Kynge travels to Lagos to hear about the success of Chinese-backed companies in Nigeria – and some of the looming concerns. We hear about Transsion, a massive Chinese mobile phone company that perfected its business model in the street markets of Nigeria, and the Chinese-owned online lending apps that are facing scrutiny from regulators. James speaks to Yang Wang, senior analyst at Counterpoint Research, Babatunde Irukera, former director-general of Nigeria’s Consumer Protection Council, Adedeji Olowe, board chair at Paystack, and Moses Nmor, co-founder of BFREE Africa.

Presented by James Kynge. Edwin Lane is the senior producer. The producer is Josh Gabert-Doyon. The executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco, with original music from Metaphor Music. The FT’s head of audio is Cheryl Brumley.

Read a transcript of this episode on FT.com

View our accessibility guide.

Copyright The Financial Times Limited 2024. All rights reserved.
Reuse this content (opens in new window) CommentsJump to comments section

Follow the topics in this audio

Comments

Comments have not been enabled for this article.