30-10-2014 23:52:00 | by: Administrator | hits: 32564980 | Tags:

[Morocco] BMCI partners with online marketplace KIFAL Auto to enable easier financing for used cars
19-01-2023 | 06:16:00
Vehicle trading in the Middle East and North Africa region is set to be transformed following an agreement between Online marketplace KIFAL Auto and BMCI.
Why Does Your Business Need Commercial Auto Insurance?
20-12-2022 | 08:15:00
If you are a business owner, small or large, the importance of having auto insurance should be paramount.
Mobility for Africa receives $2 million funding from InfraCo
15-12-2022 | 09:33:00
InfraCo Africa has signed an agreement committing US$2 million to scale the offering of Mobility for Africa, an electric mobility company delivering affordable, cargo-carrying e-tricycles and solar-powered battery charging solutions for underserved communities in rural Zimbabwe.
[East Africa Business Week] Bob Koigi: Scaling startups’ investment in the region
02-12-2022 | 16:51:39
As startups successfully raise funding, they are boosting their product and service portfolio while setting sight on the East African region for expansion. This
TRADE X opens new automotive trading facilities in Kenya
02-12-2022 | 09:17:59
TRADE X provides auto dealers, car rental companies, fleet owners and mobility solution providers with a seamless end-to-end process for the sourcing and distribution of cross-border vehicle inventory.
Isuzu Motors South Africa announces expanded board of directors
01-12-2022 | 12:59:58
This happens at the back of just 4 years of a journey of end-to-end business transformation to drive growth and expansion for the local OEM.
Tantech exports customized midibuses to Nigeria
01-12-2022 | 08:36:05
Tantech Holdings Ltd has announced that its subsidiary, Shangchi Automobile Co., Ltd., had received a second order from Nigeria to export 6 additional fully customized midibuses within 60 days.
TRADE X expands its presence in Africa with the opening of a trade route in Ghana
23-11-2022 | 08:16:43
TRADE X, a B2B cross-border automotive trading platform with its headquarters in Ontario, Canada, has announced that it has opened a new trade route in Ghana, strengthening the company's presence in Africa after having recently opened new import facilities in Lagos, Nigeria and Nairobi, Kenya.
[Column] NJ Ayuk: How Africa can capitalize on its mineral wealth to develop an electric vehicle value chain
10-11-2022 | 07:20:57
As the entire global transportation marketplace marches toward an increasingly electrified and battery-powered future, many countries across the African continent stand at the threshold of profound economic opportunity.
Prêt de 247 millions $ de la France pour le projet du métro d’Abidjan
09-11-2022 | 08:52:00
Avec un tracé de 37,4 km, 18 stations, 21 ponts-rails et routes et un pont viaduc, le métro d’Abidjan devrait permettre de transporter 540 000 passagers par jour et de générer 2 000 emplois.
MAX launched its services in Ghana
08-11-2022 | 22:44:36
MAX, a leading mobility and technology company, has announced its entry into the Ghanaian market with the appointment of David Hoyme as Director of International Growth and Expansion.
Stellantis investit dans Africar Group pour créer Auto24
07-11-2022 | 08:06:00
Stellantis investit dans Africar Group pour créer Auto24, Une start up dédiée au commerce de véhicules d’occasion
Stellantis invest in Africar Group to create Auto24, African used vehicle start-up
07-11-2022 | 05:04:00
Auto24 is a direct to consumer used car company that brings new, innovative solutions ensuring transactions are conducted in a transparent and secure way.
South Africa decided to re-capitalize Denel, the state-owned aerospace and defence company
27-10-2022 | 12:50:35
The decision to re-capitalise the state-owned aerospace and defence company with R3.4bn, announced by the Finance Minister, Enoch Godongwana in his medium-term budget policy statement (MTBPS).
Ouverture du premier magasin Winpart by CFAO en République démocratique du Congo
25-10-2022 | 11:37:41
La RDC rejoint ainsi le réseau Winpart by CFAO dédié à la vente de pièces détachées et produits à un prix abordable pour l’entretien et la réparation de véhicules multimarques.
Car rental company Enterprise Holdings expands global footprint into South Africa
14-10-2022 | 08:57:17
This marks the first time Enterprise Holdings brands will be available in South Africa.
Global car sales revenues to plunge by $200 billion in 2022, report
06-10-2022 | 14:30:28
According to data presented by AugustaFreePress.com, with rising costs and low inventory plaguing the industry, global car sales revenues are expected to plunge by $200bn this year.
[Kenya] APA Insurance launches motor cover with flexible payment plan
06-10-2022 | 08:21:14
The comprehensive car insurance payments are made over 12 months which allows clients to spread the cost over the course of a year.
MEA electric bus market to reach $1 billion by 2028, report
29-09-2022 | 09:38:01
Electric bus manufacturers are always trying to improve efficiency and increase the range of their vehicles.
MauBank lance son Green Financing Scheme destiné aux particuliers et entreprises
26-09-2022 | 09:51:00
Encourager la réduction des émissions polluantes, et promouvoir l’adoption et l’utilisation de l’énergie propre et renouvelable. Tels sont les objectifs que s’est fixé la MauBank en lançant le Green Financing Scheme à l’intention des particuliers et des entreprises.
Sitarail réceptionne nouvelle bourreuse pour la maintenance de la voie ferrée entre Côte d’Ivoire et Burkina Faso
21-09-2022 | 09:31:39
SITARAIL a réceptionné au port d’Abidjan une nouvelle bourreuse – niveleuse – dresseuse d’une valeur de 2 milliards de FCFA (plus de 3 millions d’euros), destinée à l’entretien et à la maintenance du chemin de fer entre la Côte d’Ivoire et le Burkina Faso.
AAAM have appointed Bernhard Manson-Kullin as a Project Manager for Component Manufacturing
19-09-2022 | 11:04:19
The AAAM - African Association of Automotive Manufacturers have appointed Bernhard Manson-Kullin as a Project Manager responsible for Component Manufacturing effective 1 October.
African Association of Automotive Manufacturers to explore Cameroon's opportunities in the automotive industry
19-09-2022 | 10:54:26
German Association of the Automotive Industry (VDA), the AAAM - African Association of Automotive Manufacturers visited automotive stakeholders in Cameroon to explore more opportunities and partnerships.
Digital marketplace platform IAA expands its service footprint to Mexico and Nigeria
07-09-2022 | 16:48:08
IAA, a global digital marketplace connecting vehicle buyers and sellers, announced it has expanded its service footprint of IAA Transport to include Mexico and Nigeria.
Moove partners with MUFG and Suzuki to promote financial inclusion for mobility gig workers across Africa
31-08-2022 | 09:42:31
The tri-party agreement is one of the first to involve an African fintech company and underscores the opportunity to leverage technology to improve the livelihoods of millions of people in emerging markets.
ISUZU Motors South Africa eyes African expansion with new center
25-08-2022 | 15:59:22
ISUZU Motors South Africa (IMSAf) has confirmed Gauteng as the province of choice to house its very own Parts Distribution Centre (PDC). This strategic step will bring the ISUZU's PDC and training centre closer to its biggest regional market and the rest of Africa markets.
Deluxe Trucks & Buses announces financing deal with Kenya Commercial Bank
04-08-2022 | 11:10:41
Ashok Leyland customers will now be able to access flexible financing options in a deal from Kenya Commercial Bank. The partnership will see customers enjoy up to 95% financing with an extended repayment period of 72 months as well as a comfortable 60-day payment holiday.
Family Bank, World Navi seal asset finance deal to ease importation of second-hand vehicles in Kenya
01-08-2022 | 15:30:00
Family Bank customers can now directly import quality second hand vehicles by accessing up to 80% asset financing and 100% import duty financing, following a partnership between Family Bank and Japanese automobile exporter, World Navi.
Exploring opportunities in automotive manufacturing in Ghana
01-08-2022 | 09:47:00
Japan Motors Trading Company Limited (JMTC), a major player in the automotive industry in Ghana is keen to explore opportunities in automotive component manufacturing.
L’usine Bontaz Tunisie choisie par Volkswagen pour un projet révolutionnaire
21-07-2022 | 11:10:52
Volkswagen, la marque de voiture représentée par Ennakl Automobiles en Tunisie, a choisi l’usine Bontaz pour son prochain projet.
Ford launches new high-tech Stamping Plant for Next-Gen Ranger in Pretoria, South Africa
20-07-2022 | 16:23:00
Ford Motor company announced its investment in Silverton Assembly Plant operations in Pretoria is coming to fruition, with the completion of the high-tech new Stamping Plant, which is now in operation.
[Kenya] Deluxe Motors and Bank of Baroda sign asset finance deal
14-07-2022 | 15:43:00
In a bid to ease the financial load in the current business environment, new and repeat customers will in addition enjoy discounted loan facility fees.
Autochek acquires CoinAfrique to accelerate expansion across Francophone Africa
07-07-2022 | 07:50:00
Autochek, the Nigerian automotive startup has accelerated its expansion to Francophone Africa after acquiring CoinAfrique for an undisclosed amount.
BII invests $20m in African mobility fintech Moove to strengthen the informal transport industry
01-07-2022 | 09:00:00
The British International Investment (BII), the UK government’s Development Finance Institution (DFI), announced a $20 million, 4-year structured credit investment in Moove, a mobility fintech democratising access to vehicle ownership in Africa.
[Column] Job Wanjohi: Why the Kenya National Automotive Policy is a big win for the manufacturing industry
29-06-2022 | 11:12:00
Over the years, Kenya has carried out significant reforms geared towards improving the business environment and driving competitiveness.
First electric minibus taxi set to launch in South Africa
10-06-2022 | 10:49:00
A project team of companies and research institutions announced a research partnership to investigate and advance the feasibility of an electric minibus taxi in South African conditions by testing production vehicles in South Africa in 2023.
Isuzu Motors South Africa appoints Chule Qalase as Senior Manager CSR and Sustainability
07-06-2022 | 14:43:20
He is highly regarded within the profession, holds numerous accolades of achievement and has a wealth of expertise straddling both the Public and Private sectors.
IFC and NAACAM partner to support South Africa’s automotive industry manufacturers
06-06-2022 | 12:00:00
To support the growth of South Africa's automotive sector, IFC has partnered with the National Association of Automotive Component and Allied Manufacturers (NAACAM) to develop a database to help local parts makers more easily meet the procurement needs of global car manufacturers.
TRADE X opens new office in Lagos to accommodate growing automotive demand in Nigeria
31-05-2022 | 09:30:21
TRADE X, a B2B cross-border automotive trading platform based in Ontario, Canada, announced it has opened a new office in Lagos, Nigeria, to help meet the growing demand for vehicles in Nigeria.
Bridgestone MEA sheds light on sustainable future of mobility
27-05-2022 | 11:14:00
Bridgestone Middle East, India, and Africa (EMEIA) put green mobility in the spotlight anew during its participation at the premier Automechanika on Sustainability.
TAQA Arabia and Equatorial Guinea introduce CNG vehicles
27-05-2022 | 10:41:17
The African Energy Chamber strongly supports the move taken by Equatorial Guinea to optimize its gas market through the introduction of compressed natural gas-powered vehicles.
Autochek acquires Morocco’s KIFAL Auto to drive North Africa expansion
18-05-2022 | 13:11:00
Autochek, the automotive technology company making car ownership more accessible and affordable across Africa, has announced the acquisition of KIFAL Auto, Morocco’s leading automotive technology startup, to drive its expansion into North Africa.
[Egypt] ETIT and Zoomcar sign partnership to provide the latest tracking devices to the cars
16-05-2022 | 09:59:04
Egyptian Company for Tracking Services (ETIT) has announced collaboration with Zoomcar, the largest car sharing marketplace covering emerging markets, according to which, Zoomcar fleet will obtain a number of tracking devices.
Mercedes-Benz to localize EV manufacturing in Egypt
16-05-2022 | 08:15:49
Egypt wants to revive its automotive industry whose production has been dropping constantly since 2009-2010. In that regard, it developed a national program, which will greatly benefit from the announced plan.
Zambia and DRC Sign Cooperation Agreement to manufacture electric car batteries
11-05-2022 | 12:41:24
Zambia and the Democratic Republic of Congo (DRC) has signed a historical cooperation agreement to facilitate the development of value chain in electric battery and clean energy sector. 
Isuzu appoints Penelope Mkhwanazi as Senior Vice President: Revenue Generation for Africa and international markets
09-05-2022 | 16:48:19
Penny's impressive work experience spans over 20 years in various industries such as manufacturing, mining, construction, fast-moving consumer goods, and entrepreneurship.
Rafiki Microfinance Bank and Toyota Kenya in asset finance deal
09-05-2022 | 10:07:23
Toyota Kenya and Rafiki Microfinance Bank have entered an asset financing deal targeting the growing biker community.
NCBA and Toyota Kenya ink enhanced asset financing deal
09-05-2022 | 10:07:00
NCBA Bank and motor dealer Toyota Kenya have signed an asset finance partnership to enable the purchase of commercial and personal vehicles with an up to 95 per cent financing option to be paid within 60 months.
[South Africa] Isuzu Motors increases investment into local production
03-05-2022 | 12:51:57
Isuzu Motors South Africa has invested R580-million to support component localisation as part of its greater investment in local production of the new D-Max bakkie.
Egypt-based auto firm to set up Kenya vehicle assembly
20-04-2022 | 13:11:00
Egypt’s listed auto dealer Ghabbour Auto (GB Auto) plans to establish a joint venture to assemble and distribute passenger vehicles in Kenya.
Uber suspends operations in Tanzania
20-04-2022 | 12:39:00
Uber has suspended its operations in Tanzania, citing a tough regulatory environment that has made it difficult for the ride-hailing company to continue running in the East African country.
FG, EU unveil electric motorcycles for Rural Nigeria
13-04-2022 | 12:53:00
The Federal Ministry of Power has in Lagos launched 10 electric-powered motorcycles manufactured by MAX Nigeria under its Electric Vehicle opportunities in rural and peri-urban communities in Nigeria.
Nissan unveils assembly plant in Ghana
01-04-2022 | 09:51:59
The plant is the culmination of a journey that began in 2018 when Nissan became the first mover in the country to sign a memorandum of understanding with the government to work towards creating the Ghana Automotive Development Policy.
Digital marketplace platform IAA announces a new auction center in Ghana
31-03-2022 | 15:02:09
IAA, Inc, a global digital marketplace connecting vehicle buyers and sellers, has announced a new market alliance agreement with Boacon Autos in the country of Ghana.
[Nigeria Business Week] Andrea Ayemoba: Crude industry facts underlining the Nigerian economy
31-03-2022 | 12:39:00
The Nigerian stock market indicators have shown lately a typical pattern in stock markets – investors stay loyal to the resilient stocks.
South Africa] Automotive group Motus to list on A2X
28-03-2022 | 11:50:00
South African automotive group, Motus Holdings, has been approved for a secondary listing on A2X Markets and its shares will be available for trade on A2X from 1 April 2022.
[Nigeria Business Week] Andrea Ayemoba: Persistent shortages and inflation call for new measures
24-03-2022 | 14:13:00
Africa has in the past decade positioned itself as a knowledge economy, with one of the most robust startup ecosystems in the world.
TR Tech and fleet-tech startup LocoNav introduce GPS, IoT, and Vehicle Telematics Solutions in South Africa
21-03-2022 | 07:14:00
Integrated tech-services provider TR Tech and full-stack fleet-tech startup LocoNav have announced a new partnership to introduce GPS, IoT, and Vehicle Telematics solutions in South Africa.
EV startup BasiGo flags off first electric buses in Kenya
10-03-2022 | 06:02:00
Nairobi headquartered e-mobility startup BasiGo has today flagged off the first electric buses in the country for passenger use. 
[Column] Haaike van der Merwe: Open source innovation in the automotive industry
28-02-2022 | 12:32:00
Artificial intelligence, onboard sensors, driver assistance systems, connectivity, and other software-based features are all fuelling this automotive evolution.
Finastra partners with DataGear to help corporate banks in Egypt to optimize core processes
23-02-2022 | 11:15:30
Finastra announced its partnership with DataGear, a leading service provider for banking and financial services in Egypt, to enable corporate banks to rationalize core operations, automate compliance and reduce costs.
[Nigeria Business Week] Andrea Ayemoba: State to digitize tourism, FG takes on efficient mobility
17-02-2022 | 13:50:00
Banking is one of the most thriving sectors in Nigeria. The reason for this success has been attributed to the efficiency with which this industry has leveraged technology to modernize its operations.
EBRD provides €12m loan to support competitiveness in Morocco’s automotive sector
17-02-2022 | 09:51:00
The European Bank for Reconstruction and Development (EBRD) is strengthening the competitiveness of the private manufacturing and service sector in Morocco, with a €12 million loan to Morocco Mobility and Automotive Centre (ATC).
[Nigeria] Mecho Autotech gets $2.15m to expand vehicle maintenance and repair services
10-02-2022 | 10:46:00
Nigeria has more than 12 million registered vehicles, and approximately 90% of them are used cars that need frequent checkups to prevent recurring breakdowns.
[Nigeria Business Week] Andrea Ayemoba: Government, Central Bank turn focus to the startup movement
03-02-2022 | 12:04:00
There’s an ongoing comparison in Nigeria's status quo that is causing some rift – the national statistics and reports are showing a promising and stable economy, but the situation on-ground reflects a different reality.
African mobility fintech company Moove secures $10 million financing to support expansion to West Africa
01-02-2022 | 14:09:31
NBK Capital Partners Mezzanine Fund II has announced that it closed a $ 10 million financing facility with Uber's exclusive vehicle supply partner in Africa, the mobility fintech Moove.
Volvo plans expansion in Egypt through electric vehicles
31-01-2022 | 09:11:00
Ezz Elarab Automotive Group, the sole importer and exclusive distributor of Volvo cars in Egypt has recently announced the launch of the latest showroom for the Swedish brand in One Katameya, East Cairo.
Banque Misr signs cooperation protocol with Zoomcar Egypt to provide integrated e-payment solutions
26-01-2022 | 09:23:33
The bank will allow electronic collection services through Zoomcar Egypt’s website and mobile application using the bank cards and BM wallet as well as other electronic wallets via QR Code.
Swedish-Kenyan electric vehicle tech startup Opibus launches first electric bus designed and developed in Africa
21-01-2022 | 12:06:00
Swedish-Kenyan electric vehicle technology startup Opibus has introduced the first all-electric bus in Kenya as well as the first African designed electric bus ever.
[Nigeria] Honda partners with IITA in developing African mechanized agriculture
21-01-2022 | 10:04:00
Automobile manufacturer The Honda team from Ogun State in Nigeria recently visited IITA Headquarters to strengthen the partnership between IITA and Honda and explore future areas of collaboration.
Agile software is a boon to manufacturing for Ghana and Rwanda
12-01-2022 | 09:01:00
Processes originally aimed at speedy application development are giving manufacturers the tools to build the next generation of urban-flight and space vehicles in Africa.
Ghana Oil opens new auto center in Accra
28-12-2021 | 11:51:00
Ghana Oil Company (GOIL) has unveiled its latest one-stop shop Auto and Lube centre in its Dahwenya station, located in the Greater Accra region of Ghana.
[East Africa Business Week] Bob Koigi: East Africa positions itself as investment destination of choice
17-12-2021 | 14:24:00
The East African community continues to live up to its billing as a prime investment destination for investors.
[Nigeria] Autotech startup Fixit45 acquires Parkit, unveils subscription-based VIP programme
29-11-2021 | 06:24:00
Nigeria’s leading autotech platform, Fixit45 has announced the acquisition of Parkit, a network of tech-enabled autocare and car wash centres.
[Nigeria Business Week] Andrea Ayemoba: A 5G promise looms, global trade predictions show winning numbers
26-11-2021 | 12:12:00
Nigeria’s tactic is one of sharpening the sectors that have shown promise (such as technology, agriculture and banking) while throwing resources at those that have been in a work-in-progress mode for years.
[Nigeria Business Week] Andrea Ayemoba: National GDP for Q3 sees increase, amid growing economic concerns
19-11-2021 | 13:02:00
The Nigerian Minister for labour recently has affirmed that more needed to be done in order for the employment crisis to be mitigated. He did allow that much has been done, but a lot of action still was required if the problem was to be tackled from the roots.
[South Africa] Fleet-tech startup KeyTec and LocoNav enter Africa's video telematics market
08-11-2021 | 07:34:00
KeyTec, a disruptive fleet-tech startup, has partnered with LocoNav to capture the emerging and high-growth video telematics market throughout Africa.
Motorola Solutions acquires Envysion
03-11-2021 | 17:09:04
Motorola Solutions has acquired Envysion, Inc., a leading provider of enterprise video security and business analytics solutions for the quick-service restaurant and retail industries.
[Nigeria] Auto financing startup Autochek Secures $13.1mn Seed Funding
28-10-2021 | 11:10:00
Autochek, the Nigerian automotive startup which recently expanded to Kenya has secured $13.1mn in seed funding.
Zoomcar launches operations in Egypt
21-10-2021 | 09:48:10
Zoomcar, who dominates the car sharing market in India, has expanded to the MENA region and recently appointed Hany Olama as their country head in Egypt to help scale their car sharing marketplace.
Morocco becomes Africa’s new automotive manufacturing hub
14-10-2021 | 07:42:00
Morocco is currently Africa’s first passenger car manufacturer. Morocco has surpassed South Africa as the biggest exporter of passenger cars on the continent with $7 billion exports made in the car industry at the end of 2018.
ALYI expands electric vehicles sales into Ethiopia
28-09-2021 | 13:42:28
Alternet Systems, Inc. (ALYI), announced finalizing terms to deliver 3 wheeled electric vehicles (EV) into the taxi market in Ethiopia.
COMESA launches digital yellow card helpdesk system
23-09-2021 | 12:50:00
The COMESA Regional Third-Party Motor Vehicle Insurance (Yellow Card) Scheme has launched a Digital Yellow Card Helpdesk System designed to track all queries reported by users.
Nigeria's auto financing firm Autochek acquires Cheki Kenya and Uganda
06-09-2021 | 14:39:00
Autochek has on Monday announced that it has reached an agreement to acquire ROAM Africa's automotive marketplaces Cheki Kenya and Uganda. 
PPG begins automotive OEM sealants production in Morocco
19-08-2021 | 11:00:00
PPG Industries announced the startup of a facility in Tangier, Morocco, that will produce automotive sealants for local vehicle production.
African fintech startup Moove raises $23 Million Series A funding to democratize vehicle ownership in Africa
11-08-2021 | 12:37:00
Operating on a continent with more than a billion people who have limited or no access to vehicle financing – and the lowest per capita vehicle ownership in the world – Moove will use the funding round to build a full-service mobility fintech that democratizes vehicle ownership across Africa.
Competition Tribunal approves Transaction Capital and WeBuyCars merger in South Africa
11-08-2021 | 09:56:00
The Competition Tribunal of South Africa has unconditionally approved the large merger whereby Transaction Capital (TC), through its wholly owned subsidiary, Transaction Capital Motor Holdco (TCMH) will increase its shareholding in We Buy Cars.
Mercedes-Benz Egypt appoints Gerd Bitterlich as new President and CEO
05-08-2021 | 08:41:00
Gerd is a German citizen and has more than 30 years of international experience in the automotive industry across various areas such as business development, finance, retail operations, dealer development and sales and marketing.
Michelin appoints Gaganjot Singh as President of Africa, India and Middle East
23-07-2021 | 09:01:16
He will be based out of Pune, India. Gaganjot Singh succeeds Marc Pasquet, who has been called to other functions in the Michelin Group.
[South Africa] Payment24 introduces ‘vehicle biometrics’ to fast track refueling
18-06-2021 | 08:22:21
South Africa’s Fuel management and payment solutions specialists Payment24 have launched a new module in their comprehensive solutions suite, bringing contactless, cardless and secure fuel payments to market.
[Interview] Teddy Kimani, CEO, vukaplus.com, Kenya
17-06-2021 | 09:42:00
Teddy Kimani is the CEO and Founder of Vukaplus, a Kenyan-based classified ads company that provides an online platform for users to place ads for properties, cars, job vacancies, businesses and services.
IAA expands global market alliance network in Nigeria
16-06-2021 | 14:55:00
IAA, Inc., the global digital marketplace connecting vehicle buyers and sellers, announced a strategic market alliance in Nigeria with Boacon Autos.
Afreximbank supports ARSO in the harmonisation of African automotive standards
09-06-2021 | 15:19:56
African Export-Import Bank (Afreximbank) is supporting the African Organisation for Standardisation (ARSO) to harmonise standards in the automotive sector in Africa in order to facilitate an accelerated development of the sector across the continent.
Daimler and Nokia sign patent licensing agreement
02-06-2021 | 00:07:00
Daimler and Nokia announced that they have signed a patent licensing agreement under which Nokia licenses mobile telecommunications technology to Daimler and receives payment in return.
The dtic releases auto Green Paper on advancement of new energy vehicles in South Africa
21-05-2021 | 10:08:00
The Department of Trade, Industry and Competition (the dtic) has released a Green Paper on the advancement of new energy vehicles in South Africa as part of a series of policy papers accompanying the 2021 Budget Vote for the Department.
ALYI adds self-drive rentals to electric motorcycle rideshare program targeting $4 billion African market
17-05-2021 | 09:10:53
Alternet Systems, Inc. has announced expanding its plans to deliver its first rideshare electric motorcycles to Kenya to go into service by July of this year to include additional electric motorcycles for the self-drive rental market.
[Kenya] NCBA Bank launches logbook loan product to support businesses
06-05-2021 | 09:22:42
Under this financing solution, Kenyans will be able to borrow funds against a vehicle that they already own provided the vehicle is not under any financing.
Siemens Energy, Turboden expand and decarbonizes Egypt’s natural gas transmission network
05-05-2021 | 10:41:00
Siemens Energy, working with Turboden S.p.A., a Mitsubishi Heavy Industries Group Company, started development on the GASCO Dahshour gas compressor station (GCS) in Egypt.
Global electric car sales set for further strong growth after 40% rise in 2020
30-04-2021 | 09:31:00
New International Energy Agency (IEA), report sees major expansion in electric vehicle adoption this decade, which could accelerate further if governments implement policies aimed at reaching net zero goals.
[Nigeria] Suntrust Bank launches loan scheme for women
29-04-2021 | 11:11:00
SunTrust Bank has launched the Small and Medium Enterprises product loan for women in the logistics business tagged Women on Wheels (WOW).