Market News
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East Africa Vehicle Assembly Planning To Boost Automotive Industry
Posted on :Friday , 4th January 2019
Establishment of the Regional Automotive Industry Platform of East Africa has enhanced East African states to move towards integrated automotive market.
They instinct it will be productive for global automotive manufacturers to invest in the region in both assembly and component manufacture.The new platform (Raipea) aims to help the region save more than $2 billion in car import costs an. . .Scania East Africa Launches New Truck Range
Posted on :Thursday , 15th November 2018
Scania East Africa has launched its new truck generation becoming the second market in Africa to roll out the new truck range.The new models have been launched in phases across the globe since August 2016 revealing results of ten years of development work, billions of dollars of investments and more than 10 million kilometres of test driving.Scania is extending. . .Uber Sees Opportunity for Minibus Service in Nairobi
Posted on :Thursday , 15th November 2018
Uber Technologies may roll out a new service in Kenya to help user’s book seats on minibuses that ply the streets of the congested capital, if tests on the product in Egypt and Mexico prove successful, a company executive said on Wednesday.
Uber estimates that more than a third of Kenyans in Nairobi use the often crowded minibuses, known as matatus, as their main form of transport. . .
EAC works to Excel in Low Cost Car Assembly & manufacturing Plants in East Africa
Posted on :Friday , 28th September 2018
The East African Community is paving way for more local assembly points and manufacturing plants of affordable vehicles in the region.
This comes day after an Extra Ordinary Sectoral Council on Trade, Industry, Finance and Investment met last week to have conversations on industrialization matters in the community which has become a major agenda for the EAC Heads of State Summ. . .Qatar Airways to Start direct Flights to Mombasa
Posted on :Wednesday , 12th September 2018
Qatar Airlines will launch direct flights to Mombasa, Kenya’s second biggest city. Expected to happen in December, the move will increase the competition for local carriers.
After Nairobi, this is the second destination in Kenya to receive the service. The airlines will undertake a four times weekly flight from Doha to Mombasa. Airbus A320 will be used for thi. . .Please Select an Option
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