Market News

Nigeria: Bajaj Introduces New Tricycle Into Market
Nigeria: Bajaj Introduces New Tricycle Into Market
1 December 2015

Lagos — Tricycle manufacturing company, Bajaj Auto Ltd and its partner, DAG Motorcycles has launched a new model to be known as Bajaj RE 'Keke,' which will deliver superior performance to customers.   "The new Bajaj RE is a model that is extensively tested and engineered to deliver supe . . .

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Kia Rio Wins Nigeria\'s Car of the Year Award
Kia Rio Wins Nigeria\'s Car of the Year Award
1 December 2015

Lagos — The Kia Rio beat some very steep competition to earn the prestigious 2015 Car of the Year accolade, receiving the highest number of votes from motoring journalists across the country.   The Kia Rio conquered some high-performance challengers to take the victory amongst all nomin . . .

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East African Ports taken into consideration to increase Imports & Exports
East African Ports taken into consideration to increase Imports & Exports
24 November 2015

 As part of a new national strategy, Ethiopia will begin using ports in Kenya, Somaliland and Sudan in order to increase trade volume. This strategy will decrease Ethiopia’s current policy of relying solely on the Port of Djibouti. In a move supported by the United Nations Development Pro . . .

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Cargo airport in Africa to be constructed
Cargo airport in Africa to be constructed
24 November 2015

 A US$100.51m cargo airport in Nigeria will be constructed in Nasarawa State,  governor Tanko Al-makura, has said. The governor was speaking during the signing of the financial contract agreement between the state government and Tongyi Group Engineering, a Chinese firm tasked with the cons . . .

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French Transport Company Alstom signs US$204mn railway contract with Africa
French Transport Company Alstom signs US$204mn railway contract with Africa
23 November 2015

 French transport solutions provider Alstom has signed two contracts with Egypt's National Authority for Tunnels (NAT) to supply signalling and telecommunications systems and develop infrastructure for the third phase of Cairo Metro Line 3 alstom egypt cairometroOfficials from NAT and Alstom s . . .

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