12 EU, African associations sign MoU to help the African auto sector grow

Posted on :Monday , 28th March 2022

A historic memorandum of understanding (MoU) has been signed by twelve automobile organisations to accelerate the growth of the African automotive sector.

A Memorandum of Understanding (MoU) was signed digitally between 12 Automotive Associations as part of the EU – Africa Business Forum 2022 with the goal of boosting the growth of the African Automotive In. . .

TANAPA signs deal with two firms to purchases vehicles worth 15bn

Posted on :Wednesday , 23rd February 2022

TANZANIA National Parks Authority (TANAPA) has agreed to acquire cars and machinery from Al Mansour Auto EA Tanzania Ltd and Hughes Agricultural Tanzania Ltd for more than 15 billion.

The agreement was signed yesterday at TANAPA Headquarters in Arusha by the two enterprises and the TANAPA Conservation Commissioner, William Mwakilema, revealing that the two firms had won the t. . .

French minister unveils electric vehicles in Tanzania

Posted on :Wednesday , 24th November 2021

Franck Riester, France's Minister of Foreign Trade and Economic Attractiveness, formally presented the ecologically friendly electric automobiles developed by E-Motion Africa.

E-Motion Africa was founded in 2019 with the goal of delivering an unique and easy solution to Tanzania's decarbonization dilemma by converting the diesel engine of safari vehicles into an electric moto. . .

Kenya, Tanzania Industrialists Kick Off Meeting on Market Access

Posted on :Friday , 16th July 2021

The East African Community (EAC) common external tariff (EAC CET) upper band rate, harmonisation of domestic taxes, harmonisation of product standards, review of the EAC Rules of Origin, and activation of the dispute settlement mechanism, according to the Kenya Association of Manufacturers (KAM) and the Confederation of Tanzania Industries (CTI).

Mucai Kunyiha, KAM chairman, stated that . . .

AAAM & Afreximbank have signed An Agreement to Increase Automotive Investment in Africa

Posted on :Tuesday , 6th April 2021

A Memorandum of Understanding (MoU) was signed by the African Export-Import Bank (Afreximbank) and the African Association of Automotive Manufacturers (AAAM) for the financing and promotion of Africa's automotive industry.

In early February, Afreximbank President Benedict Oramah and AAAM President Mike Whitfield signed a Memorandum of Understanding, paving the groundwork for a collaborat. . .