Market News

  • Matchedje Motor vehicle manufacturing factory in Mozambique

    Posted on :Wednesday , 8th October 2014

    Matchedje Motor, a sole national automotive company that on Thursday last week launched campaign to sell its first 100 all-terrain vehicles priced at US$19,600, is planning a second-phase expansion of its vehicle manufacturing factory to produce 100,000 vehicles annually.

     
    The company, which is currently producing all-terrain vans, buses and electric scooters produce. . .

  • Ford to introduce 25 new models in Africa expansion plan

    Posted on :Monday , 6th October 2014

    According to the automaker’s president for MEA, Mr Jim Benintende, the region presents the final frontier for global growth in the auto industry. He added that the company is committed to offering products that will resonate with the expanded customer base.

    Porsche returns to Kenya to tap expanding economy

    Posted on :Thursday , 2nd October 2014

    NAIROBI, Kenya (Bloomberg) -- Porsche has opened a franchise in Kenya as it seeks to take advantage of the expanding economy in the region.

    Ethiopia Bestowed Top Aviation Accreditation By US

    Posted on :Wednesday , 1st October 2014

    The US Federal Aviation Administration (FAA) has bestowed a Category 1 rating on the Ethiopian Civil Aviation Authority (ECAA) following several months of examinations.

    Air Seychelles Launches New African Route

    Posted on :Wednesday , 1st October 2014

    Air Seychelles, the national airline of the Republic of Seychelles has launched direct flights to Antananarivo, Madagascar, to add to South Africa, Tanzania and Mauritius, where it currently operate flights to.

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