Market News
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Tanzania: Chinese Bus Company Makes Emphatic Entry into Tanzania Market
Posted on :Tuesday , 24th January 2017
Chinese vehicle manufacturer King Long has formally started importation of its buses in the Tanzanian market through an agent Pwani Motors Limited.
Speaking during the launch of the sales at the weekend which was attended by bus operators in Tanzania, the company's marketing manager for the Southern Africa region, Mr Danny Fu, said the entry in to the Tanzanian mark. . .Ethiopia: Addis Ababa-Djibouti Railway Officially Completed, Creating High Speed Link Between Djibouti and Ethiopia
Posted on :Thursday , 12th January 2017
The completion of the Addis Ababa-Djibouti Railway, a new 752km track linking Ethiopia's capital with the Port of Djibouti, was officially marked today at a ceremony at Nagad Railway Station in Djibouti.
East Africa: Uganda President Pushes for Ban On Importation of Vehicles
Posted on :Tuesday , 29th November 2016
Kampala — East African Community (EAC) member states are spearheading a proposal to ban the importation of cars from outside countries.
President Museveni disclosed yesterday that they are in final stages with other East African states to ensure that no cars are imported into the region, but their spare parts, which will be assembled here to create jobs for Ea. . .CHINA�S KEEN INTEREST IN THE AFRICAN AUTOMOTIVE MARKET
Posted on :Monday , 28th November 2016
The global automotive business is in its most disruptive era since the advent of the industry over a century ago, creating an abundance of opportunities for new and established companies in the global automotive market. Analysts anticipate the market to grow by 2%, reaching 91 million new units sold in 2016.
The African economy has seen steady growth for the past decade and eve. . .AFRICA - THE NEXT GROWTH MARKET
Posted on :Thursday , 24th November 2016
Africa is currently home to five of the fastest growing economies in the world. According to a global study, the continent's economy is forecast to grow to $2.6 trillion in 2020 from $1.6 trillion in 2008, fuelled by booms in mining, agriculture and development of ports, roads and other infrastructure. This rapid economic growth is what is creating substanti. . .
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