The agreement will see Toyota set up a vehicle manufacturing plant in the country. The company has committed an initial investment of Kshs 800 million in the Kenya Thika vehicle manufacturers.
GAC Motor and Salvador Caetano Auto have come to an agreement regarding the distribution of vehicles, spare parts and services, in South Africa.
The units will be utilised for specialised last-mile delivery service part of DHL’s local pilot test of its global zero emissions logistics target.
Volkswagen signs agreement with Government of Egypt for strategic co-operation viability study of shared automotive painting facility
Volkswagen and Government of Egypt have signed an agreement to work together to develop a feasibility study on a shared automotive painting facility within the East Port Said Industrial Zone in the East Port Said Automotive Zone in Cairo.
The launch of Eurorepar comes with the backing of Stellantis. From a network that stretches across 40 countries, Eurorepar is synonymous with diversity, offering an impressive array of more than 15 000 part numbers.
The manufacturing plant will be built in the South African Special Economic Zone (SEZ) in Coega situated near Gqeberha in the Eastern Cape province of South Africa.
Motorcare Uganda and its cumulated experience, strong market knowledge and commitment to service excellence will provide Ford customers in Uganda with the highest standards of Ford products, services, and support.
As part of the MoU, the Government of Rwanda has agreed to provide land in Gashora (Bugesera District) for the project, as well as to assist with permitting and licensing requirements of the project.
ExecuJet MRO Services has been appointed by Embraer as its authorised service centre (ASC) for business jets in Africa. The decision represents an expansion of the aircraft manufacturer’s service network in the region.
As part of its growth strategy, Goodyear Middle East & Africa (MEA) is actively seeking the right distributor & service provider to expand its reach within Zambia and the Democratic Republic of Congo (DRC).
Nissan Africa has taken the next step towards unlocking the potential of the African market, by unveiling a new leadership structure with effect from 1 April 2023 to drive the company’s mid-term plan.
Deployment of heavy electric trucks is now spreading across the world. With Europe and the US among the leaders, the shift to more sustainable transport is kicking off also in other parts of the world. In Africa, the first heavy electric truck is now being delivered in the city of Rabat in Morocco.
With this move, Volkswagen also takes over the new vehicle assembly responsibility from its licensed importer in Ghana, Universal Motors Limited (UML).
The past couple of weeks have seen a flurry of activities in several sectors of the Nigerian economy. Startups are receiving increasing financial backing from VCs for the growith of SMEs.
Autosparkle is part of Riltouche and Sparkles, a company dedicated to building the largest chain of the most eco-friendly cleaning solutions out of Africa through its specialisations in car care, aircraft, boats, homes, offices and cities.
As startups successfully raise funding, they are boosting their product and service portfolio while setting sight on the East African region for expansion. This
[Column] NJ Ayuk: How Africa can capitalize on its mineral wealth to develop an electric vehicle value chain
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.
[Column] Job Wanjohi: Why the Kenya National Automotive Policy is a big win for the manufacturing industry
Over the years, Kenya has carried out significant reforms geared towards improving the business environment and driving competitiveness.
Africa has in the past decade positioned itself as a knowledge economy, with one of the most robust startup ecosystems in the world.
The Nigerian stock market indicators have shown lately a typical pattern in stock markets – investors stay loyal to the resilient stocks.
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.
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.
[East Africa Business Week] Bob Koigi: East Africa positions itself as investment destination of choice
The East African community continues to live up to its billing as a prime investment destination for investors.
[Nigeria Business Week] Andrea Ayemoba: A 5G promise looms, global trade predictions show winning numbers
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
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.
Road and air transport have borne the brunt of the Coronavirus impact as countries put stringent measures to stop the spread of the pandemic.
Stanley Njeru is the CEO of Buyer Logistics Limited, a Kenyan-based startup offering freight forwading, custom clearance, warehousing and motor vehicle importation services.
As customers demand top notch services grows and competition reach fever pitch, companies are investing millions to improve infrastructure and service quality.
South Africa continues to be the continent’s preferred destination for international investors due to its competitive market, favorable political climate, a booming middle class and strategic location.
In the recent years, South Africa has continued to prove that it is one of the most diverse and promising emerging markets in Africa. The country has become a key global hub for investment, innovation and research.
The tech startup fever has been spreading across the globe like bush-fire and Africa has not been left out in this bandwagon. More and more people are entering into the tech space because technology never gets old and new inventions keep evolving.
Access to clean water is still a challenge in most of the sub-Saharan Africa countries. Due to the scarcity, the ones who are lucky enough to access it have to dig deeper into their pockets in order to enjoy this basic commodity.
ADvTECH has announced the acquisition of Monash South Africa (MSA), a leading South African private tertiary education institution with students from more than 50 countries.
Fresh from discussing bilateral ties with the United States, Kenya has over the recent past held trade negotiations and deals with UK and China as the super powers seeks to grow their influence in the country.
It has been another busy week for anchor sectors in Kenya with more investors, landmark deals and strategic partnerships pointing to Kenya as the investment destination for the region.
With competition across public and private sector now being driven by innovation, Kenyan institutions have invested heavily in modernizing operations and selling the convenience message to customers.
This week has shown interesting developments in a wide range of sectors in Nigeria - Hospitality, Real Estate, Agribusiness, Banking, Automotive, Oil and Gas and as always, ICT remains a busy sector.
Aziz Senni, a serial entrepreneur with over 20 years’ experience is piloting a taxi renting model in Dakar Senegal that offers taxi drivers access to ownership of their vehicle through a system combining financing, training and customer acquisition thanks in particular to its digital booking platform.
Axel Peyriere is co-founder of the number one car classifieds websites in Africa, the AfricarGroup, which covers 22 countries and translated into 10 local dialects of the continent. His interview with Africa Business Communities:
John joined Rolls-Royce over twenty years ago, in 2001, as a graduate trainee in the Defence business. He rose to become a senior manager before joining Civil Aerospace.
Stellantis has signed a Memorandum of Understanding (MOU) with the Industrial Development Corporation (IDC) and the Department of Trade, Industry and Competition (the dtic) to develop a manufacturing facility in South Africa.
The special milestone vehicle rolled off the production line on 1 March during the night shift.
If you are a business owner, small or large, the importance of having auto insurance should be paramount.
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.
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 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, 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.
Auto24 is a direct to consumer used car company that brings new, innovative solutions ensuring transactions are conducted in a transparent and secure way.
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.
This marks the first time Enterprise Holdings brands will be available in South Africa.
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.
Electric bus manufacturers are always trying to improve efficiency and increase the range of their vehicles.
Sitarail réceptionne nouvelle bourreuse pour la maintenance de la voie ferrée entre Côte d’Ivoire et Burkina Faso
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.
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
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.
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.
Japan Motors Trading Company Limited (JMTC), a major player in the automotive industry in Ghana is keen to explore opportunities in automotive component manufacturing.
Volkswagen, la marque de voiture représentée par Ennakl Automobiles en Tunisie, a choisi l’usine Bontaz pour son prochain projet.
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.
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.
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.
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 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 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
Penny's impressive work experience spans over 20 years in various industries such as manufacturing, mining, construction, fast-moving consumer goods, and entrepreneurship.
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’s listed auto dealer Ghabbour Auto (GB Auto) plans to establish a joint venture to assemble and distribute passenger vehicles in Kenya.
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.
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.
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.
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 has more than 12 million registered vehicles, and approximately 90% of them are used cars that need frequent checkups to prevent recurring breakdowns.
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.
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 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.
Alternet Systems, Inc. (ALYI), announced finalizing terms to deliver 3 wheeled electric vehicles (EV) into the taxi market in Ethiopia.
PPG Industries announced the startup of a facility in Tangier, Morocco, that will produce automotive sealants for local vehicle production.
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.
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.
He will be based out of Pune, India. Gaganjot Singh succeeds Marc Pasquet, who has been called to other functions in the Michelin Group.
IAA, Inc., the global digital marketplace connecting vehicle buyers and sellers, announced a strategic market alliance in Nigeria with Boacon Autos.
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.
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
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.
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.
Sasol and Toyota South Africa Motors (TSAM) announced the formation of a partnership to commence exploration of the development of a green hydrogen mobility ecosystem in South Africa.
BSMO Co., Ltd. and SBI Africa Co., Ltd. have established the SBI Motor Tanzania office in Dar es Salaam, the very first official SBI Motor office in Africa.
Motus Holdings, South Africa’s automotive group, acquired a 49% stake in GetWorth, a pioneering innovator in South Africa’s pre-owned vehicle industry.
Volvo Cars is committed to becoming a leader in the fast-growing premium electric car market and plans to become a fully electric car company by 2030.
Cameroon suspends the installation of GPS on trucks that transport goods to the Central African Republic
According to the Cameroonian Ministry of Transports, the parties agreed to suspend the installation of GPS on trucks that transport goods to the Central African Republic because of the large number of vehicles currently waiting for the installation of that equipment at the port of Douala.
Uganda has become the first country in the eastern and southern African region to convert its driver’s licensing categories to conform to the regionally harmonized Tripartite Transit and Transport Facilitation Programme (TTTFP) standards.
Ford Motor Company announced an investment of $1.05 billion in its South African manufacturing operations to modernize, expand South African manufacturing for all-new Ranger.
Alternet Systems, Inc. (ALYI), announced finalizing plans for its first rideshare electric motorcycles to go into service by July of this year. ALYI has an order to deliver 2000 electric motorcycles in Kenya to be deployed into the motorcycle taxi (boda) market.
Toyota South Africa Motors (TSAM) announced it will be manufacturing and selling the brand-new Corolla Cross in South Africa in the fourth quarter of the year.
The Ford Motor Company Fund is awarding the first grants from the Booth Schoch Future Success Fund to budding entrepreneurs at the Ford Resource and Engagement Centre (FREC) in South Africa.
Sumitomo Rubber South Africa, manufacturer of the Dunlop, Sumitomo and Falken tyre brands for the African continent, has announced the appointment of Lubin Ozoux as the new Chief Executive Officer and Executive Director effective 1 January 2021.
Nissan has appointed longtime partner Japan Motors Trading Co. as its local partner in an all-new vehicle assembly facility in Accra.
Ford Motor Company of Southern Africa has embarked on a pioneering solar energy project for its Silverton Assembly Plant in Pretoria, as part of its vision to develop an integrated renewable energy solution.
CNN International Commercial (CNNIC) and Hyundai Motor Company (Hyundai) have collaborated on a cross-platform campaign that explores how innovation will change the way we will live in the future.
Toyota Tsusho announced the establishment of Toyota Tsusho Manufacturing Ghana, a vehicle production company, and acquired license for a vehicle assembly business, a first for a Japanese company in Ghana.