Market News

Oman Oil Marketing Company (OOMCO) has opened 23 service stations in Saudi Arabia and Tanzania. These positions are part of the company's regional expansion strategy for its one-stop-shop network. The new Saudi forecourts include three filling stations in Jeddah, Al Dhahran, and Al Safwah, brin . . .

Toyota Tanzania Limited has inked a three-year agreement with oil marketing business AFROIL to distribute its new lubricant, Toyota Genuine Motor Oil (TGMO). According to Anam Mwemutsi, Lubricant Manager of Toyota Tanzania, the TGMO was introduced in Tanzania in response to market input on impr . . .

Masoud Kipanya, a Tanzanian cartoonist, showcased the country's first domestically produced electric vehicle. Kipanya, who is known for his sarcastic cartoons, claimed the electric automobile was his own innovative concept that he worked on for 11 months. Kaypee Motor is the brand name of . . .

NISSAN Motors Tanzania expects to sell up to 500 cars in the Tanzanian market this year, as part of its commitment to assisting Tanzania's economic growth by offering flexible and all-terrain transportation requirements. According to Nissan Tanzania Sales and Marketing Manager Alfred Minja, the . . .

A historic memorandum of understanding (MoU) has been signed by twelve automobile organisations to accelerate the growth of the African automotive sector. A Memorandum of Understanding (MoU) was signed digitally between 12 Automotive Associations as part of the EU – Africa Business Forum 2022 . . .