Market News
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UAE Based Truck Bodybuilders Eye East African Market
Posted on :Tuesday , 5th April 2016
Truck bodybuilders in the UAE are keen on stepping up their presence in African markets as they look to venture outside the GCC.
Dubai-based Gorica Industries, one of the biggest names in the segment, is already active in Africa, says managing director Ivan Fornazaric.“Our main markets are the Middle East and Africa.. . .Uganda: Kiira Motors in Talks to Setup Vehicle Manufacturing Industry
Posted on :Friday , 4th March 2016
A Local car manufacturer, Kiira Motors Corporation (KMC), is in talks with at least four automotive original equipment manufacturers (OEMs) about establishing a vehicle manufacturing industry in Uganda, a government minister has said.
Prof Sandy Stevens Tickodri-Togboa, the minister of state for Higher Education and chair of the KMC technical task team, told a stake. . .East Africa Reviews Big Car Plant
Posted on :Friday , 4th March 2016
Arusha — Foreign-manufactured motor vehicles, mostly used in Tanzania and East Africa, may be compelled to set up assembling plants in the region as leaders mull reducing importation of cars from overseas.
The new strategy mulled by the EAC Heads of State might lead to automobile manufacturers specialising in such popular and fast selling brands as Toyota, Nis. . .Multi-million assembly plant to be constructed in Kenya by Ashok Leyland
Posted on :Thursday , 18th February 2016
Ashok Leyland which is the second largest commercial vehicle manufacturer in India and fourth largest manufacturer of buses in the world is planning to construct a US$ 5m assembly plant in Kenya that will help in the expansion of the commercial vehicle market.
The company’s Chief Financial Officer, Mr. Gopal Mahadevan confirmed the reports and said that they a. . .Africa's first solar powered bus unveiled at Uganda
Posted on :Thursday , 18th February 2016
As a child, Ugandan Paul Isaac Musasizi always had busy hands. He regularly pulled apart the family television, and used motors from old cassette players to make toy cars.
Now, in his mid-thirties, he's the CEO of technology company Kiira Motors Corporation and the brains behind Africa's first solar-powered electric bus which makes its debut on February 16.<. . .Please Select an Option
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