Market News

High visibility in the heart of Africa
High visibility in the heart of Africa
20 October 2016

 Vice President M. Hamid Ansari’s tour of West Africa in end September, his second in five months, took him to Nigeria and Mali. His previous tour of North Africa covered Morocco and Tunisia. The latest tour may not have excited the national media, but it is imbued with significance for t . . .

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Tanzania: Our Own Motorcycle Engine Is Here
Tanzania: Our Own Motorcycle Engine Is Here
5 October 2016

 Hussein Rashid, 38 is the first Tanzanian creator of motorcycle engine. He has always loved mechanics since he was five years old. His father inspired him into fixing and creating toy cars.   "When I was younger my friend's parents used to buy toys for them but for me my father would al . . .

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Maruti Suzuki India clocks 15 lakh vehicle exports
Maruti Suzuki India clocks 15 lakh vehicle exports
1 October 2016

 Passenger vehicles market leader Maruti Suzuki India has clocked cumulative exports of 15 lakh (1.5 million) vehicles. These vehicles have been exported to over 100 countries including Europe, Latin America and Africa, the company said in a statement. Early this year, the company's premium ha . . .

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Ethiopia: Ministry Says Govt Committed to Develop Automotive Industry
Ethiopia: Ministry Says Govt Committed to Develop Automotive Industry
24 September 2016

 The Ministry of Industry said that though the metal and engineering industry is at infant stage, it is playing crucial role in building the country's economy and advancing the technological capability of the nation.   Speaking at the signing of automotive assembly partnership agreement . . .

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Tanzania pushes for gas-powered vehicles to save cost
Tanzania pushes for gas-powered vehicles to save cost
23 August 2016

 In the abundance of natural gas deposits in Tanzania, the public is advised to convert their petrol or diesel-fueled vehicles to natural gas so as to save cost and reduce carbon emissions.   With an initial investment of 65 million dollars, the Tanzanian government implemented a project . . .

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