Market News

  • 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.
    <. . .

  • Upcoming High-Speed Rail Will Be an Economic Boost to Kenya

    Posted on :Wednesday , 6th January 2016

    With the laying of rail tracks set to be complete by December, the completion of the Standard Gauge Railway is going to be one of the big stories this year. The modern railway is expected to open to first commercial traffic in June 2017.

     
    Transport CS James Macharia is already sounding optimistic, lauding the progress made so far and noting that big impact on the eco. . .

  • China Keen to Boost Cooperation With East Africa in Infrastructure

    Posted on :Wednesday , 6th January 2016

    Chinese Vice Foreign Minister Zhang Ming said Tuesday China is keen to strengthen cooperation with Ethiopia in the infrastructure development and transportation sector. Zhang made the remarks after he visited the Addis Ababa Light Rail Transit constructed by the China Railway Group in the capital of the East African country. Zhang said infrastructure development and transportation sector are am. . .

  • Africa\'s Automobile Sector to Contribute 4.5 Percent of 2016 Global Sales

    Posted on :Monday , 4th January 2016

    Africa's automobile sector may contribute at least 4.5 per cent of 2016 global automobile sales as a result of the country's increased investment in the automobile sector in 2015, which encouraged local production.

     
    This was contained in the review report of the trends in the automobile sector in Nigeria by online vehicle marketplace, Carmudi.com.ng.
    &nbs. . .

  • 40 CNG buses for Tshwane rapid transit system

    Posted on :Tuesday , 29th December 2015

    Daimler Trucks & Buses South Africa (DTBSA) is supplying around 40 compressed natural gas (CNG) buses to the Tshwane rapid transit system, with the first buses to be in operation in the first quarter of next year, says DTBSA executive director Kobus van Zyl. “We are busy with the homologation process.”

    Van Zyl says the City of Tshwane is responsible for providing the fue. . .

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