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Originally published by Capital Businessbusiness
July 17, 2025
9mo ago
Chinese home appliance giant expands investment in Africa

GUANGZHOU, July 17 (Xinhua) -- China's leading home appliance manufacturer Midea Group has become the official sponsor of the Africa Cup of Nations 2025, Kenya breaking news | Kenya news today |..
✨ Key Highlights
Midea Group, a leading Chinese home appliance manufacturer, has become the official sponsor of the Africa Cup of Nations 2025 in Morocco, indicating significant investment in the African market.
- Investment includes new washing machine and refrigerator factories in Egypt, starting production in August and November.
- Midea Group partnered with the Confederation of African Football (CAF) to enhance its brand presence.
- Chinese home appliance companies are increasing investments, capitalizing on the low penetration rates of major household appliances in Africa.
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