Market News

Establishment of the Regional Automotive Industry Platform of East Africa has enhanced East African states to move towards integrated automotive market. They instinct it will be productive for global automotive manufacturers to invest in the region in both assembly and component manufacture.The new . . .

The East African Community is paving way for more local assembly points and manufacturing plants of affordable vehicles in the region. This comes day after an Extra Ordinary Sectoral Council on Trade, Industry, Finance and Investment met last week to have conversations on industrialization matter . . .

Tanzania offers many opportunities and the 21st Autoexpo Africa scheduled for November 2018 in Dar es Salaam is one of the mainstream avenues for marketing a global brand like Hyundai to the East African region. The company is preparing to introduce new products and is working on expanding its portf . . .

Car Manufacturers are targeting East Africa to setup assembly line within the region of the continent.Simba Corp, a Kenyan company is in discussion with 4 automakers for setting up their assembly units in the country. While Chief Executive Officer of Simba Corp Adil Popat confirmed discussion with R . . .

The chairman and managing director of Volkswagen Group South Africa (VWSA) , Thomas Schaefer says "I’m trying to create something pan-African". Having assembly started operations in Kenya in 2016 and now 2018  in Rwanda. It’s not just the engine, VWSA also produces the flourshing co . . .