Market News
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Kenya Sets Pace As East Africa Vehicle Market Grows
Posted on :Tuesday , 6th October 2015
Rising demand for commercial vehicles and luxury cars pushed new and used motor-vehicle registrations in Kenya to nearly 100,000 units last year, according to the Kenya National Bureau of Statistics.
Reporting in the agency’s 2015 economic survey, director general Zachary Mwangi notes the 102,606 newly registered motor vehicles in the country in 2014 was. . .Ford to build Rangers for the African Market
Posted on :Tuesday , 6th October 2015
Ford Motor Co. said it plans to assemble its Ford Ranger pickup truck in Nigeria by the fourth quarter, as it expands in Africa and the Middle East.
The Nigerian assembly plant, in partnership with Ford dealer Coscharis Motors Ltd., is the first outside South Africa, where Ford produces the Ranger for 148 markets, the automaker said in a statement today.. . .Mega International airport to be constructed in East Africa
Posted on :Monday , 5th October 2015
Plans are underway for the construction of a mega International airport in Ethiopia, the Ethiopian Airports Enterprise has announced.
The Ethiopian Minister of Transport, Workneh Gebeyehu confirmed the reports and said that Ethiopia is to break the ground for a new mega hub airport in the vicinity of Addis Ababa.“The. . .Ford\'s sub-Saharan drive may benefit African plants
Posted on :Friday , 2nd October 2015
As Ford's only manufacturing operation in the Middle East and Africa‚ Ford Southern Africa is in pole position to benefit from the group's decision to intensify marketing and production in sub-Saharan Africa‚ says Stephen Odell‚ president of Ford's European‚ Middle East and African operations. Ford has the capacity to increase it production in South Africa, particu. . .
Sub-Saharan Africa�s first metro is functional
Posted on :Friday , 25th September 2015
Sub-Saharan Africa’s first light rail system or metro was inaugurated in Addis Ababa last weekend, said the head of the Ethiopian Railways Corporation Getachew Betru
metro HernnPiera flickrThe Addis Metro will comprise two lines – one from east to west and the other from south to centre.The Addis Metro runs 17 km from industrial areas south of Addi. . .Please Select an Option
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