Market News
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UAE's Top Oil Distributor EMARAT to Showcase at the 21st AUTOEXPO AFRICA 2018, Kenya
Posted on :Saturday , 28th April 2018
The oil giant EMARAT will be the sponsor and participant at the 21st AUTOEXPO AFRICA 2018, Kenya held at the Kenyatta International Convention Center (KICC), Nairobi from the 17th to 19th of May, 2018. It has proven to be UAE’s leading petroleum brand for its dedicated service and par excellence. . .
Nissan's Latest Auto-Manufacturer to Target Market in Kenya
Posted on :Wednesday , 18th April 2018
Nissan Motor Co. Ltd. will soon begin assembly-operations in Kenya. This comes as a major boost the local administration which aims to make the country, East Africa’s hub for auto-manufacturing activities. A goal that remains very realistic due to Kenya’s strategic location in the regions and the dependence of neighborin. . .
Michelin's New Joint Venture Targets Kenyan Market
Posted on :Wednesday , 18th April 2018
Michelin Tyres have partnered with CFAO, a renowned distributor of industrial products to further their interests in Africa. This joint venture will oversee the import and distribution of high-quality tyres in Kenya and Uganda. Michelin holds a 49 percent share in the new company with the remaining 51 percent in the possession of CFAO, while administration of the entity will be divided equally.. . .
Foton Turn to Automotive Market in Kenya with Sh257.2 Million Investment
Posted on :Wednesday , 18th April 2018
Car manufacturers Foton have chosen to set-aside around $2.5 million (Sh257.25 million) to reestablish their position and regain their share of the market in East African, with Kenya as its main priority due to the rapid development of its automobile sector.“We have coordinated with our dealer and partner in Mombasa with the total investment amount of up . . .Flying taxis coming soon to Nairobi.
Posted on :Friday , 9th March 2018
The McFly.aero blockchain project is starting the set up of transportation for air taxis service in 23 cities in 13 countries. Nairobi has been recognized as one of the launch cities for this ambitious flying cars project.
This is going to be a 2 part business project, the first part being a technological consortium of 12 companies that are currently developing the fundamentals . . .Please Select an Option
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