Market News
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Major Step for Local Manufacturing in Africa\'s Automotive Sector
Posted on :Tuesday , 15th December 2015
South Africa's automotive sector has received a major boost with the launch of the combi metre production facility by Hesto Harnesses in KwaZulu-Natal.
Hesto Harnesses manufactures wiring harnesses for the automotive industry from a factory situated in Stanger, 90km north of Durban. The company supplies automotive electrical distribution systems, commonly know. . .AVM Africa to Assemble and Manufacture Tractors in 2016
Posted on :Monday , 14th December 2015
AVM Africa says it will venture into assembling and manufacturing tractors in 2016 starting with 400 units.
CEO Musanhi said this followed a partnership with a local company owned by the Zimbabwe National Liberation War Veterans' Association (ZNLWVA), which is set to sign a billion-dollar agreement with a Chinese firm to set up a plant in Zimbabwe.Mercedes Benz latest to capitalise on African auto policy
Posted on :Thursday , 10th December 2015
Mercedes Benz is gearing up to begin the assembly of mini buses and ambulances in Nigeria, in an attempt to draw benefits from the country’s automotive policy
mercminibus CanadianPacific flickrAccording to Uwatse, Nigeria needs mini buses and ambulances.The company’s managing director in Nigeria Benson Uwatse said the country could benefit greatly . . .Standard Gauge Railway construction project in Kenya to be extended
Posted on :Tuesday , 8th December 2015
China has pledged to boost the extension of the Standard Gauge Railway construction project in Kenya from the capital Nairobi to the Rift Valley. Kenya will receive a $1.5 billion loan from China
Statehouse Spokesman Manoah Esipisu confirmed the news and said that Kenya will finance 15% towards the project while the rest will be from China Eximbank.AVM Africa to Assemble and Manufacture Tractors in 2016
Posted on :Friday , 4th December 2015
ZIMBABWEAN coach assembler AVM Africa says it will venture into assembling and manufacturing tractors in 2016 starting with 400 units.
CEO Musanhi said this followed a partnership with a local company owned by the Zimbabwe National Liberation War Veterans' Association (ZNLWVA), which is set to sign a billion-dollar agreement with a Chinese firm to set up a plant in Zimbabwe. Musanh. . .
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