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[South Africa] Volkswagen announces R4 billion investment in Kariega plant
The changes being made in preparation for the production of the new SUV also affords training and upskilling opportunities for Volkswagen Group Africa’s production employees.
South African used car platform WeBuyCars lists on the Johannesburg Stock Exchange
WeBuyCars, a prominent and recognised brand within the pre-owned motor vehicle market, established over 23 years ago, has listed on the Main Board of the Johannesburg Stock Exchange (JSE) under the share code "WBC."
[Zoom Event, April 11 2024] Global Strategies for Success in Africa: Overcoming FX and Payment Hurdles
This event explores the vast potential and unique challenges of expanding businesses in Africa, focusing on mastering international pitches, understanding cultural nuances, and crafting pitches that highlight unique value propositions.
Nissan Africa announces regional appointments
Jordi Vila, currently Nissan Divisional Vice President Marketing and Sales Europe has been appointed as President Nissan Africa, as DVP.
Nissan Navara to fly the flag up through Africa in daring expedition
Dubbed Nissan Daring Africa 2024, the expedition will visit Mozambique, Zimbabwe, Zambia, Malawi, Tanzania and Kenya before ending in Egypt.
[Webinar] Complimentary expert session for Telecom leaders and Startups in Africa, March 21
Designed for telecom leaders and startups, thia event offers invaluable strategies for expanding services, managing FX risks, enhancing cross-border payments, and establishing credibility in the international arena.
[South Africa] Volkswagen Group Africa unveils R20 million airbag deployment centre
The new facility will boost the plant’s airbag testing capacity to 150% of its previous output.
Toyota to open a vehicle manufacturing plant in Kenya
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.
[South Africa] GAC Motor and Salvador Caetano Auto sign vehicle distribution partnership
GAC Motor and Salvador Caetano Auto have come to an agreement regarding the distribution of vehicles, spare parts and services, in South Africa.
[Open Webinar, Feb 1 2024] Cross-Border Finances: Enhancing Commodity Trade Across Africa
Tailored for CFOs, this event provides strategic knowledge to navigate international markets and enhance financial outcomes in the dynamic commodities sector. Don't miss this unique opportunity for CFOs to stay ahead in global commodity trading.
[Open Webinar] Cross-Border Finances: Enhancing Commodity Trade Across Africa, Navigating Int'l Markets
Tailored for CFOs, this event provides strategic knowledge to navigate international markets and enhance financial outcomes in the dynamic commodities sector. Don't miss this unique opportunity for CFOs to stay ahead in global commodity trading.
[Free Webinar] For Marketing Experts, CFOs and Business Expansion Strategists
Verto, a global financial technology firm that enables businesses of all sizes to access enterprise grade cross-border payments, FX and banking solutions, has announced its first webinar for the year 2024, taking place on the 18th of January.
[Free Webinar] Accelerating FX Success: Expansion Strategies for Marketing Agencies in Eastern, Western Africa
This event is tailored for marketing executives and CFOs looking to gain actionable insights into international expansion, building a global clientele and establishing strong online presence.
[Free Webinar] Accelerating FX Success: Expansion Strategies for Marketing Agencies in Eastern, Western Africa
This event is tailored for marketing executives and CFOs looking to gain actionable insights into international expansion, building a global clientele and establishing strong online presence.
Volkswagen collaborates with DHL Express for the pilot test of ID.Buzz Cargo fleet 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.
[Free Webinar] Unlocking Success in New Markets: Cross-Border Payments Strategies for South African Businesses
Embark on a journey through the dynamic realm of international finance with our upcoming webinar, where we unravel the intricacies of global payment strategies essential for triumph in the finance sector.
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.
[Free Webinar] The Verto Hour: Streamlining Payments for Manufacturers and Suppliers in Eastern and Western Africa
Join this webinar that empowers both manufacturers and suppliers operating in African markets with valuable insights and actionable strategies to streamline their payment processes and ensure uninterrupted supply chain continuity.
[Free Webinar] Global Payment Strategies for Shipping & Logistics: Empowering Seamless Trade
Join this insightful webinar that delves into the world of global payment strategies tailored to empower seamless trade within the shipping and logistics industry.
[Free Webinar] Global Payment Strategies for Shipping & Logistics: Empowering Seamless Trade
In the rapidly evolving landscape of shipping and logistics, effective cross-border payment strategies have emerged as a critical driver of success. Join this insightful webinar that delves into the world of global payment strategies.
Eurorepar enters the South African automotive spare parts industry
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.
Stellantis invests ZAR 3 billion in a greenfield manufacturing facility in South Africa
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.
Ford and Salvador Caetano appoint Motorcare as the official Ford distributor in Uganda
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.
Volkswagen signs deal with Government of Rwanda to establish a modern farm with electric tractors
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 Africa awarded authorised service centre status for Embraer
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.
Global tyre manufacturer Goodyear seeks to expand to Zambia and DR Congo
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 announces new leadership structure
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.
Volvo delivers the first heavy electric truck to Africa
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.
Volkswagen opens a new vehicle assembly facility in Accra, Ghana
With this move, Volkswagen also takes over the new vehicle assembly responsibility from its licensed importer in Ghana, Universal Motors Limited (UML).
[Nigeria Business Week] Andrea Ayemoba: Investors bet on fintechs, startups
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.
[Interview] Jesse Onomiwo, Co-founder, Autosparkle, Nigeria
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.
[East Africa Business Week] Bob Koigi: Scaling startups’ investment in the region
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.
African Business Roundtable, Afreximbank organize free webinar masterclass, September 28
In continuation of the series of webinars that has been ongoing throughout the year, the African Business Roundtable and the African Import Export Bank (Afreximbank) are set to hold yet another webinar on capacity building and investor preparation.
L'African Business Roundtable et Afreximbank organisent un séminaire en ligne gratuit le 28 septembre
Dans la continuité de la série de webinaires qui s'est déroulée tout au long de l'année, l'African Business Roundtable et la Banque Africaine d'Import-Export (Afreximbank) vont organiser un autre webinaire sur le renforcement des capacités et la préparation des investisseurs.
[Interview] Mahad Ahmed, Fondateur, AME Trade, Royaume-Uni
Mahad Ahmed est fondateur et PDG d'Ame Trade Limited. Il est également membre de l'African Business Roundtable et un expert reconnu dans les secteurs du conseil et des services événementiels.
[Interview] Mahad Ahmed, Founder, AME Trade, United Kingdom
Mahad Ahmed is Founder and CEO of Ame Trade Limited. He is also a member of the African Business Roundtable and an an established expert in the Consulting and Events Services industries.
The African Business Roundtable Project Preparation Masterclass Free Webinar, July 27
After discussions with a variety of advisory and investment institutions, and to further attract investment to projects, the African Business Roundtable Secretariat in association with Afreximbank has designed the “Project Preparation Masterclass”.
[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.
[Nigeria Business Week] Andrea Ayemoba: Persistent shortages and inflation call for new measures
Africa has in the past decade positioned itself as a knowledge economy, with one of the most robust startup ecosystems in the world.
[Nigeria Business Week] Andrea Ayemoba: Crude industry facts underlining the Nigerian economy
The Nigerian stock market indicators have shown lately a typical pattern in stock markets – investors stay loyal to the resilient stocks.
[Nigeria Business Week] Andrea Ayemoba: State to digitize tourism, FG takes on efficient mobility
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.
[Nigeria Business Week] Andrea Ayemoba: Government, Central Bank turn focus to the startup movement
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.
Transport sector hit hard but has key role in COVID-19 management, COMESA
Road and air transport have borne the brunt of the Coronavirus impact as countries put stringent measures to stop the spread of the pandemic.
[Startup Interview] Stanley Njeru, CEO, Buyer Logistics Limited, Kenya
Stanley Njeru is the CEO of Buyer Logistics Limited, a Kenyan-based startup offering freight forwading, custom clearance, warehousing and motor vehicle importation services.
[Kenya Business Week] Competition, customer service drive expansion binge
As customers demand top notch services grows and competition reach fever pitch, companies are investing millions to improve infrastructure and service quality.
[SA Business Week] Investment wave boosts country’s earnings, attractiveness
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.
[SA Business Week] Opening businesses to the world, growing markets
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.
[SA Business Week] Naspers breathe new life into startups, filmmakers train eyes West
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.
[SA Business Week] Water tariffs rise, no markets for black traders
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.
[South Africa Business Week] Monash South Africa is now AdvTech owned
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.
[Kenya Business Week] The UK, China trade factor
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.
[Kenya Business Week] New energy frontiers, more business deals
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.
[Kenya Business Week] Realigning businesses to drive growth
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.
[Nigeria Business Week] Racing toward growth, partnerships, targets
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.
[Free Webinar] Learn how to boost your negotiation and leadership skills in Singapore
An accelerated programme for those with 2 to 10 years of work experience looking to accelerate their career progress or transit into a different function or industry
[Free Webinar] Study at Wits Business School Johannesburg, gateway to business in Africa
Besides its flagship MBA programme the school has the largest specialized masters’ programmes in South African business schools
[Free Webinar] Become a first-rate Chartered Financial Analyst
The NEOMA Business School MSc Finance is a 360° programme, fully taught in English that prepares future professionals for a career in financial analysis and asset management
[Startup Interview] Aziz Senni, Founder, C Mon Taxi, Senegal
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.
[Free Webinar] Safer Entry Point: Botswana
Botswana is full of pleasant surprises and opportunities for those considering trade and investment in Africa.
[Conference] How Business can Tackle Deforestation
In this webinar, Mondelēz International and its Cocoa Life partners will share their experiences with addressing deforestation and helping cocoa farmers become more resilient against the effects of climate change though cross-sector collaboration.
[Interview] Kyle Moss, Government Affairs Program Manager, Qualcomm Wireless Reach
Kyle Moss serves as a government affairs program manager and head of global entrepreneurship for Qualcomm Wireless Reach. Based in San Diego, Moss designs, implements, and manages social impact programs throughout Africa, Asia, and the US.
[Startup Interview] Axel Peyriere, Co-Founder, AfricarGroup
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:
[Free Webinar] Utilizing dynamic partnerships to ignite innovation in Africa
This webinar addresses how Qualcomm® empowers stakeholders and innovators through access to multinational resources.
[Free Webinar] MBA scholarships in Johannesburg
Wits Business School Johannesburg will be opening its ‘online’ gates during a webinar taking place on 5th May in which they will be presenting the process of getting a scholarship, the University heritage and much, much more!
Rolls-Royce announces new leadership for Africa
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 and the South African authorities sign agreement to manufacture vehicles in South Africa
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.
Volkswagen Group builds 100, 000 Polos for the South African market
The special milestone vehicle rolled off the production line on 1 March during the night shift.
Why Does Your Business Need Commercial Auto Insurance?
If you are a business owner, small or large, the importance of having auto insurance should be paramount.
TRADE X opens new automotive trading facilities in Kenya
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
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
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
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.
Stellantis invest in Africar Group to create Auto24, African used vehicle start-up
Auto24 is a direct to consumer used car company that brings new, innovative solutions ensuring transactions are conducted in a transparent and secure way.
Ouverture du premier magasin Winpart by CFAO en République démocratique du Congo
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.
African Business Roundtable et Afreximbank concluent un séminaire sur la préparation des investisseurs
L'African Business Roundtable (ABR), la principale association africaine de chefs d'entreprise et de dirigeants d'entreprise à l'échelle du continent, a conclu son cours de maître en ligne gratuit destiné à la communauté des affaires et visant à améliorer les compétences en matière de préparation de projets afin d'attirer l'intérêt des investisseurs.
Car rental company Enterprise Holdings expands global footprint into South Africa
This marks the first time Enterprise Holdings brands will be available in South Africa.
African Business Roundtable, Afreximbank conclude masterclass webinar for investor preparation
The African Business Roundtable (ABR), Africa’s foremost and continent-wide association of business and business leaders has concluded its free-to-attend webinar masterclass directed at the business community and with the purpose of sharpening project preparation skills to attract investor interest.
Global car sales revenues to plunge by $200 billion in 2022, report
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.
MEA electric bus market to reach $1 billion by 2028, report
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.
L'African Business Roundtable et Afreximbank organisent un séminaire en ligne gratuit le 28 septembre
Dans la continuité de la série de webinaires qui s'est déroulée tout au long de l'année, l'African Business Roundtable et la Banque africaine d'import-export (Afreximbank) vont organiser un autre webinaire sur le renforcement des capacités et la préparation des investisseurs.
African Business Roundtable, Afreximbank organize free webinar masterclass, September 28
In continuation of the series of webinars that has been ongoing throughout the year, the African Business Roundtable and the African Import Export Bank (Afreximbank) are set to hold yet another webinar on capacity building and investor preparation.
AAAM have appointed Bernhard Manson-Kullin as a Project Manager for Component Manufacturing
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 eyes African expansion with new center
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.
African Business Roundtable et Afreximbank concluent deuxième webinaire de la série sur la préparation des projets
L'African Business Roundtable (ABR) et la Banque africaine d'importation et d'exportation (Afreximbank) se sont réunies la semaine dernière dans le cadre d'un projet bien exécuté qui est une passion pour les deux organisations - faire aboutir des projets commerciaux.
African Business Roundtable, Afreximbank conclude second webinar in series for project preparation
The African Business Roundtable (ABR) and the African Import Export Bank (Afreximbank) came together last week in a well executed endeavor that is a passion of both organizations - bringing business projects to fruition.
Exploring opportunities in automotive manufacturing in Ghana
Japan Motors Trading Company Limited (JMTC), a major player in the automotive industry in Ghana is keen to explore opportunities in automotive component manufacturing.
La stratégie de l'African Business Roundtable pour l'avenir (Pt III) - Équilibre entre les sexes à la table
Quand on y regarde de plus près, il devient clair que les femmes d'affaires et les entrepreneurs Africains ont toujours joué à l'avant-garde de l'entrepreneuriat en Afrique. Malheureusement, leurs contributions ont été largement diminuées par des stéréotypes et des récits inexacts.
The African Business Roundtable's strategy for the future (Pt III) – Gender balance at the Table
When one takes a closer look, it becomes clear that African businesswomen and entrepreneurs have always played at the forefront of entrepreneurship in Africa. Regrettably their contributions have largely been diminished by stereotypes and inaccurate narratives.
L’usine Bontaz Tunisie choisie par Volkswagen pour un projet révolutionnaire
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
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.
The African Business Roundtable Project Preparation Masterclass Free Webinar, July 27
After discussions with a variety of advisory and investment institutions, and to further attract investment to projects, the African Business Roundtable Secretariat in association with Afreximbank has designed the “Project Preparation Masterclass”.
Isuzu Motors South Africa appoints Chule Qalase as Senior Manager CSR and Sustainability
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 opens new office in Lagos to accommodate growing automotive demand in Nigeria
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.
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COLUMNS.
[Column] Louis Avenant: Trends for African telcos in 2024
Africa’s vibrant telco sector is set for a bumper year in 2024 as it expands operations and broadens service offerings ...read full column here
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[Column] Virodh Sunderlall: What to expect from South Africa’s cybersecurity landscape in 2024
As widely reported last year, South Africa received the most cybersecurity threats on the continent by far ...read full column here
[Column] Stephen Bottger: The power of data analytics to revolutionise public safety
The use of applications, technology and data analytics can play a significant role in public safety globally ...read full column here
INTERVIEWS.
[Interview] Chester Wisniewski, Director of Global Field CTO, Sophos
Chester Wisniewski, the Director of Global Field CTO at Sophos, emphasizes several key trends and predictions for the cybersecurity realm in the coming year … read full interview here
[Interview]: Daniel Otu, Koa’s Production and Operations Director & the factory project lead
Daniel Otu, Koa’s Production and Operations Director & the factory project lead, touched on the challenges faced, the importance of sustainability, the role of local culture, and the lessons that shaped Koa’s future vision … read full interview here
[Interview] Oluwole Eweje, CEO-WATT Renewables Corporation
We provide sustainability for communities, especially communities that have very few businesses … read full interview here