Skip to main content

Xiaomi opens first showroom in Ghana

 


The smartphone brand, Xiaomi (MI) has opened a showroom in Accra, Ghana with an intention to knock off competition from other smartphones that have dominated the Ghanaian market.

According to the Chief Executive of DeviceTech, franchise owners of the Xiaomi brand in Ghana and other West African countries, Hassan Mikati, this will be achieved through the affordability of the sleek and durable Mi products.

This brand is very high-end, packaging wise, specification wise... Quality-wise, our brand is much better, and [other brands] can’t compete,” he said this at the opening of Xiaomi’s first showroom in West Africa along the Spintex Road in Accra..

Mikati said the products have been well-received by the Ghanaian market. “Our prices are much affordable as compared to our competitors. Our quality is one of the best. We are number one in Europe, we are number one in Asia, and we will be number one in Africa,” he said.

Read also: ‘All New Changan Hunter Pick Up’ launched in Accra

The showroom showcases Xiaomi's home appliances like vacuum cleaners, TV sets, electronic scooters, rice cookers, portable speakers, Xiaomi range of smartphones, and others.

Mikati said Ghana was chosen because the country has a very good potential in smartphone and technology usage, “Ghana is developed, the network is very good. Ghana likes smartphones and smart gadgets. That is why we chose Ghana”

He said six more retail shops will be opened in the coming months at Kumasi, Accra Mall, Circle among others.
Xiaomi was founded by Lei Jun in 2010. It prides itself on its “ecosystem” strategy, where they sell not just smartphones but also a variety of gadgets and household products. It began expanding into Western Europe in 2020.

Comments

Popular posts from this blog

MTN Ghana & MTN MoMo CEOs win laurels at Ghana CEO Awards

  The Chief Executive Officer of MTN Ghana, Selorm Adadevoh ,   has been adjudged  CEO of the Year  –  Telecom  at the  2 nd  edition of the  Ghana CEO  Vision  and  Awards   held  in Accra. At the same event, the CEO of Mobile Money Limited (MTN MoMo), Shaibu Haruna was also adjudged CEO of the Year – FinTech Service Provider. Selorm  Adadevoh’s award  is in recognition  of  his   achievements   in the areas of   sustainability, leadership excellence, innovation and others  in the telecoms space  which  has contributed to  job creation to support the  growth of Ghana’s economy. Patrick Afari (r), General Manager, Supply Chain Management and General Services receiving CEO of the Year – Telecom Award on behalf of Selorm Adadevoh Receiving the award on behalf of Selorm, Patrick Afari, General Manager, Supply Chain Management and General Services ,  expressed appreciation to the organizers for the award. He  noted that  th e  award will go a long way to inspire MTN to do more for Ghanaian

EB-ACCION DISBURSES US$15 MILLION

By Fred SARPONG Ecobank-Accion (EB-Accion), a partnership between Ecobank Ghana Limited and Accion International has disbursed amount to the tune of $15 million to over 36,000 borrowers in Micro, Small and Medium Enterprises (MSMEs) sector in the country, since the institution was set up barely six months ago. Frances Adu-Mantey, the Managing Director of EB-Accion disclosed this to Business Week in Accra last week during the official opening of Accion Hub headquarters in Africa. The institution’s current portfolio stands at GH¢4 million. She stated that currently, EB-Accion have over 6100 customers who save with them throughout the four branches of the institution. According to her, in order to improve the services of the institution, Ecobank Share Services center will facilitate the technology aspect of the bank by networking all the branches of EB-Accion. Maria Otero, President and Chief Executive Officer of Accion International said that the center’s staff in Accra will provide supp

Amantin & Kasei Community Bank posts impressive growth, with over GH¢1m profit

 Amantin and Kasei Community Bank, at Amantin in the Bono East Region has posted impressive growth in all the performance indicators during 2022 financial year under review. The bank recorded profit after tax of GH¢1,055,662, representing 35.66% more over the 2021 figure of GH¢778.151. This achievement stemmed out of 49.24% gross income growth from GH¢8,143,526 to GH¢12,153,537. Total deposits of the bank went up by 36.20%, changing from GH¢50,959,848 in 2021 to GH¢69,405,591 in 2022. The bank increased loans and advances by 22.15% from GH¢14,128,017 to GH¢17,257,614. Total assets showed an appreciation of 29.32%, amounting to GH¢77,918,288 as against GH¢60,250,693 in the previous year. On the other hand, the bank posted a marginal increase in short term investments portfolio from GH¢24,439,761 to GH¢26,585,698, indicating 8.78% change. The Chairman of Board of Directors, Amantin and Kasei Community Bank, Dr. John Oduro-Boateng, disclosed this during the 18th annual general meeting of