Market News | AUTOEXPO Ethiopia 2022

Market News

  • Ethiopian Ambassador Meets Toyota Tsusho Corp Officials to Discuss Investment

    Posted on :Tuesday , 28th June 2022

    Tefera Derbew, Ethiopia's Ambassador to Japan, met with Toyota Tsusho Corporation executives to examine business potential in the East African country.

     

    The ambassador met with Kazumasa Kimura, Executive Officer for New Business Development Africa Division COO of Toyota Tsusho Corporation, and Hiroumi Ohara, Manager of the Africa Division's power and infrastructure section.

  • 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. . .

  • Automotive component manufacturers to invest in Ethiopia

    Posted on :Friday , 27th August 2021

    African Association of Automotive Manufacturers (AAAM) has been appointed by the Special Initiative on Training and Job Creation to develop an automotive policy for the Ethiopian government that will boost global original equipment manufacturers (OEMs) and component producers to invest in Ethiopia.

    Moreover, an automotive training programme for prevailing assemblers and workshop owners w. . .

  • Power Integrations Supports Electric Vehicle Designs

    Posted on :Friday , 4th June 2021

    The automotive-qualified InnoSwitchTM3-AQ flyback switcher from Power Integrations, the pioneer in high-voltage integrated circuits for energy-efficient power conversion, was launched. 

    The IC family now includes a member rated at 900 V, allowing for more headroom in inverter, battery management, and climate control applications for 400 and 800 V electric vehicles.

    The InnoSw. . .

  • 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. . .

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