Market News

Aisin Original Parts Manufacturer Enters Nigeria Market
Aisin Original Parts Manufacturer Enters Nigeria Market
5 November 2015

Aisin, world renowned original auto equipment manufacturers, OM, has introduced its range of products into the Nigerian market with a mission to rid the nation's auto market of fake vehicle spare parts, and promote safe driving culture in the country.   Aisin is a world leading auto spare par . . .

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Peugeot car manufacturing plant in Africa nears completion
Peugeot car manufacturing plant in Africa nears completion
30 October 2015

 The construction of Peugeot car manufacturing plant in Algeria is almost complete and is set to be commissioned,  minister for Industry and Mines Abdessalem Bouchouareb has announced.   Speaking in French capital Paris, Abdessalem said that once completed the shareholders pact will . . .

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Plans to boost Transport infrastructure in Africa in top gear
Plans to boost Transport infrastructure in Africa in top gear
27 October 2015

 Plans for the construction of infrastructure in Egypt is in top gear after the Transport Minister Saad el Gioushi and head of the Arab Organization for Industrialization (AOI) Abdel Aziz Seif met with the president over the weekend to discuss the same.   According to the Presidential sp . . .

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Industry Trend Analysis - East Africa\'s Automotive Investment
Industry Trend Analysis - East Africa\'s Automotive Investment
26 October 2015

 Having unveiled its newly developed hybrid electric sedan, the Kiira EV SMACK, Kiira Motors Corporation (KMC) is currently seeking to raise USD350mn worth of investment to establish a new vehicle assembly plant in Jinja Industrial and Business Park in Uganda. If the necessary investment funds . . .

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Rapid Expansion of the Automotive Sector in Kenya
Rapid Expansion of the Automotive Sector in Kenya
24 October 2015

 Kenya, the economic, commercial, and logistical hub of the entire East African region and the most developed economy in Eastern Africa, is growing rapidly. The economy grew by 5.3% in the year 2012 and is projected to reach 10% growth by 2017 as the government takes steps to enhance Kenya&rsqu . . .

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